Assistant Vice President Internal Audit

Title: AVP Internal Audit

Office Status: Hybrid-NYC-2x a week

Salary: $110,000-$130,000

One of the world's largest bank's is looking for an Assistant Vice President to join the Internal Audit team. This position will be responsible for supporting audit results and reports as well as reviewing and providing feedback to the audit work to ensure it meets the expectations of our USAO function.

Details:

• Perform audits in accordance with established standards as outlined in the current Internal Audit Policies and Procedures.
• Assess the state of governance, risk management and internal control (GRC) processes to identify internal control gaps or weaknesses related to key business risks.
• Directly perform all phases of the internal audit process, including control test work and documentation, or where assigned to be the Auditor-in-Charge (AIC) direct other USAO team members to perform audit work.
• Perform root-cause analysis on the result of the assigned business audit activities, and assess the factors that led to the control gaps or weaknesses.
• Draft audit findings and promptly discuss them with management, and provide the final product to AIC or Senior Vice President for incorporation into final audit report. When presenting internal control gaps or weaknesses identified in the course of the audit activities, be able to advise management on the adequacy, sufficiency, effectiveness and sustainability of the corrective actions (SMARTS action plans).
• Report and track high impact risk issues that align with industry best practices and regulatory requirements and expectations for the areas of expertise. As relevant, contribute with the Third Line of Defense’s assessment of management’s plans to respond to regulatory issues and inquiries.
• Adhere to the Internal Audit methodology in place. Minimize Quality Assurance comments (e.g., through robust and timely documentation of work papers prior to report issuance), and address QA findings. promptly.
• Based on changes in the business work environment, job responsibilities can change, and additional functions and tasks may be added or removed accordingly.

Qualifications:

• Experience with Control assessments and testing, Operational Risk Management, SOX or Compliance testing.
• Outstanding verbal and written communication skills.
• Must be versatile, able to work effectively, independently, and as part of a team.
• Proficient in Microsoft Excel, Microsoft Word, and other Office products (advanced).
• Ability to deliver practical solutions in a demanding high-pressure environment.
• Demonstrate analytical and critical thinking skills in assessing the Bank’s GRC processes, inclusive of enterprise and emerging risks, for the areas assigned to audit.