Audit Manager I (US) - Issue Validation - Insider Risk / Internal Fraud

Job Description

The Audit Manager I – Issue Validation (Insider Risk/Internal Fraud) is responsible for executing Regulatory Issue Validations specifically related to Internal Risk/Internal Fraud. This includes ensuring that all activities are conducted in accordance with relevant policies and regulatory requirements, with a strong focus on identifying, evaluating, and mitigating potential internal fraud risks. The Audit Manager I will play an active role in planning, executing, and documenting validations and audits that address insider risk/internal fraud concerns. This position ensures that audits are aligned with management expectations and regulatory standards and are completed efficiently.

The role also involves providing support, building, and maintaining relationships with senior management, and contributing to the ongoing enhancement of risk management practices, with an emphasis on internal fraud prevention and detection.

Depth & Scope

Works as an audit subject matter expert and may coach and educate others
Oversees and/or independently performs audits from end-to-end
May lead moderately complex audits and have responsibility for completion of the audit
Undertakes and completes a variety of projects and initiatives, may include the integration of cross functional processes within own area of expertise
Ability to process and handle confidential information with discretion

Education & Experience

• Undergraduate degree required
• 5+ years of relevant experience
• PREFERRED QUALIFICATIONS: Experience in Insider Risk, Internal Fraud, and Misconduct
  Banking industry audit experience specifically performing validation and remediation work
  Professional certifications, relevant designations preferred (e.g., ACAMS, CIA, CFE and etc.)

Customer Accountabilities

• Conducts audit work based on established audit plans and executes the audit in accordance with established standards ensuring completion
• Executes testing of controls such as but not limited to walkthroughs (leading and documentation), test scripts (development and execution), and issue management (identification and capturing in the grid)
• Executes the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report
• Completes L1 reviews/sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads)
• Contributes to the audit planning process for specific audits, ensuring appropriate programs and audit risk assessments are completed accordingly
• Manages the ongoing audit communications process with the stakeholders during and subsequent to the audit
• Presents objective and independent audit opinion on the adequacy of internal controls in accordance with established professional audit standards, including presentation of findings and recommendations to stakeholders and audit management
• Executes follow-up of findings raised from regulatory and internal divisional audits in accordance with firm policy
• Shares subject matter expertise and/or input to audit projects/initiatives as a representative for area of specialization
• Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency

Employee/Team Accountabilities

• Continuously enhances knowledge / expertise in own area
• Supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues / points of interest
• Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency
• Establishes effective relationships across multiple businesses
• Participates in knowledge transfer within the team and business units
• Works to achieve individual goals and support other team members in the achievement of team goals and divisional objectives