VP, Internal Audit - Capital Markets & Market Risk

Job Title: VP, Internal Audit - Capital Markets & Market Risk

Location: New York City or Tampa, FL

About the Role:

Vibe Talent is seeking an accomplished VP, Market Risk & Capital Markets Audit to join one of our clients. This role can be based in either New York City or Tampa, FL. This pivotal position involves leading independent assurance and consulting activities, while assessing the effectiveness of governance, risk management, and control processes. The successful candidate will own the end-to-end audit lifecycle and provide strategic direction for complex audit activities.

Key Responsibilities:

Audit Leadership:

• Oversee the full audit lifecycle, including planning, fieldwork testing, reporting, and issue validation.
• Establish audit scope inclusive of key risks, with clear objectives and detailed test programs to evaluate control design and effectiveness.
• Assign and review audit staff, ensuring appropriate skills align with engagement needs.

Governance and Risk Management:

• Assess governance, risk management, and control environments, delivering meaningful insights and impactful observations.
• Perform macro-level risk assessments to identify changes in risk levels and control breakdown symptoms.
• Maintain compliance with audit methodology, industry best practices, applicable regulations, and internal standards.

Collaboration and Reporting:

• Build and maintain productive, respectful relationships with executives, clients, and peers.
• Provide input into Audit & Finance Committee and management reports.
• Review and challenge audit judgments, findings, and documentation for accuracy and comprehensiveness.

Regulatory Expertise:

• Maintain familiarity with market risk management practices, including sales and trading activities.
• Stay informed on Broker-Dealer regulations and rules, such as DFA Swap Dealer, Volcker, FINRA, SEC, and NASD.
• Engage with financial industry regulators, including OCC, FRB, and FINRA, as required.

Qualifications:

Education and Certifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related discipline.
• Professional certifications such as CIA, CPA, or CFSA are highly desirable.
• Advanced degree preferred.

Skills and Experience:

• 7 years of experience in internal audit or related financial services fields, with expertise in market risk management and familiarity with sales and trading activities.
• Knowledge of Broker-Dealer regulations and applicable regulatory frameworks.
• Proficiency in risk assessment, audit methodology, and execution.
• Strong critical thinking, project management, and data analysis skills.
• Proficiency in tools like MS Office and audit data analytics.
• Exceptional verbal and written communication skills.