Senior Audit Manager - Credit Risk

Our client, a major financial institution located in New York City is seeking a candidate to join their Internal Audit Group. The Internal Auditing Department is responsible for maintaining and/or improving the system of internal control to ensure the safety and soundness of the firm and ensuring compliance with legal and regulatory requirements.

Position Summary:

Senior Audit Manager with technical subject matter expertise in Risk Management and capital markets responsible for credit and operational risk audits

Responsibilities:

• Works closely with the Vice President and Director of the Risk Management audit team and line management in coordinating/conducting audits, performing follow-up with business areas, documenting outstanding recommendations, and ensuring compliance with final recommendations.




• Responsible for making recommendations that help enhance the internal control structure and evaluating the control implications of changes and/or new product offerings. 




• Ensures adherence to department standards.




• Assist in the preparation of the annual Audit Plan and Risk Control Ratings.




• Provides necessary documentation to regulatory bodies and external auditors.




• Manages activities of staff within the  Risk Management audit team.




• Provides training and guidance/oversight to staff.




• Responsible for developing technical subject matter expertise regarding the Operational Risk Framework deployed firm wide.




• Prepares/reviews/approves planning memos, risk control matrices, programs, audit reports and workpapers.   

Experience:

 10 to 12 years combined audit, credit risk and/or operational risk management experience in the financial services industry

 5+ years of management/supervisory experiences required.

Strong experience and understanding of operational risk management and capital markets.

• Expertise in Operational Risk Management processes including event reporting, risk & control assessments, key risk indicators and governance.




• Expertise in performing and analyzing credit reviews.




• Strong organizational skills and ability to multi-task.




• Strong regulatory background, including familiarity with laws and regulations.




• Strong analytical, problem solving and decision-making skills.




• Strong communication and reporting skills. 




• High initiative and highly independent. 

Education, Training &/or Certification:

• Bachelor/Master degree preferably in a business related field.




• One or more professional certifications, such as CPA, CIA, CISA, CFE, or CFA is preferred.