What are the responsibilities and job description for the VP Internal Audit - Corporate & Commercial Banking position at Madison-Davis, LLC?
Title: VP Internal Audit - Corporate & Commercial Banking
Office Status: Hybrid 2x a week in NYC
Salary: $160,000-$185,000 20% Bonus
A midsized global investment bank that recently reached a new threshold from a capital standpoint recently transitioned from a US Branch to an IHC. They are looking for an experienced Audit Manager in the banking & finance industry to work within the Internal Audit Department. The Audit Manager will design and supervise execution of internal audits of various complexities, ensuring audit work is performed in accordance with IIA standards and IAD policies and procedures.
Responsibilities:
- Direct and supervise audit from inception to completion including planning, testing, issue identification, workpaper review and reporting.
- Manage audit teams to execute high quality reviews within a prescribed timeframe.
- Provide support, coaching, and feedback to audit team which may include internal or co-sourced internal audit professionals.
- Effectively communicate with stakeholder and audit senior management to clearly articulate audit strategy, testing results and corrective measures.
- As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities.
- Participate in quarterly and annual continuous monitoring / risk assessment process to identify business trends and changes in the business risk profile.
- As needed, assist with special projects related to business process improvements or departmental strategic initiatives.
- Track and validate closure of issues raised by the department and regulators.
- Develop, promote and maintain a collaborative and strong working relationship with AD business heads, external auditors, and regulators.
Qualifications and Skills
- Minimum of 8 years internal audit experience in the banking and finance industry.
- Strong working knowledge of lending and banking/leasing products.
- Excellent communication, presentation and professional skills including the ability to interact effectively at all levels within the organization.
Salary : $160,000 - $185,000
