Senior, Risk Advisory Services

About the Role

The Senior, Risk Advisory Services is responsible for providing risk consulting and issues resolution to financial services clients in the areas of internal audit, business process improvement/transformation, regulatory compliance, risk management, information technology, and/or Sarbanes-Oxley (“SOX”). In this role, you will participate in all stages of internal audit or consulting engagements, assist with planning, field work, engagement wrap-up, and report composition, and provide recommendations regarding client risk management.

Responsibilities

• Act as primary day-to-day contact for clients regarding basic questions and information.
• Conduct informational interviews and facilitate meetings with clients during the engagement process.
• Obtain information, documents, and data from clients to support the completion of analyses and research of client issues.
• Document and analyze clients’ processes, risks, and controls with guidance from senior professionals.
• Develop initial deliverables and/or solutions to client issues.
• Reassess risks and communicate with senior professionals and/or clients as necessary.
• Assist with management of engagements to ensure engagement metrics are achieved.
• Utilize research tools, databases, and trade publications to develop an understanding of the client’s industry.
• Develop relationships with client personnel and management members.
• Prepare formal and informal presentations for client meetings.
• Partner with leadership to complete research and draft proposals and reports as necessary.
• Implement project plans and maintain all documentation and work papers associated with client engagements.
• Conduct risk assessments of assigned departments and/or functional areas in established timelines while overseeing staff.
• Develop risk-based audit programs and design test procedures.
• Determine the scope of projects in conjunction with the Engagement Manager.
• Document understanding of internal audit areas and/or processes, and identify associated relevant risks and key controls.
• Assess internal control design and operational effectiveness.
• Conduct audit testing of specified areas and/or processes, and identify reportable issues and dimensions of risk (impact and likelihood).
• Determine compliance with applicable regulations and/or policies and procedures.
• Communicate findings to senior management and draft comprehensive reports for audited areas.
• Supervise the day-to-day workload of Associates and/or Interns on assigned engagements and review work products to ensure quality standards are met.
• Ensure Associates and/or Interns are trained on all relevant audit and other software and engagement processes.
• Deliver periodic performance feedback and complete performance evaluations for Associates and/or Interns.
• Act as a mentor to Associates and/or Interns as appropriate.
• Travel as needed.

Requirements

• Bachelor’s degree in Accounting or Finance.
• Two (2) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audit, compliance, risk management, and/or other related risk/control functions.
• Experience with internal controls including SOX/FDICIA flowcharts, documentation, and testing of controls.
• Experience with IT audit and SOX with a focus on entity-wide risk assessment.
• One (1) or more years of experience in performing internal audits of financial services activities, including:
  • Lending Activities (e.g., Consumer Loans/Commercial Loans/Portfolio Management/Problem Loan Management/ALLL).
  • Treasury and Finance (e.g., Accounting & Controllers/Investments & Treasury/ALM/Liquidity Mgmt./Borrowing/Reg. Reporting).
  • Core Regulatory Requirements (e.g., Consumer/Lending/Privacy/Operational/Compliance/Risk Management).
  • Bank/Asset Management/Brokerage Operations (e.g., Branch Admin. & Retail Banking/Electronic Banking/Deposit Operations/Vendor Management/ERM/Trade Execution - Capture, Match, Settle, Reconcile and Report/New Client On-Boarding/Account Management).
  • Human Resources (e.g., Payroll/Employee Benefits/Regulatory Compliance/Ethics Management/Training Program).
• One (1) or more years of supervisory experience.

Qualifications

• CPA, CIA, CISA, and/or CFSA certification preferred.
• Proficient in the use of Microsoft Office Suite, specifically Excel, Word, and PowerPoint.
• Experience with various internal audit applications and research tools preferred.

Skills

• Solid understanding and experience planning and coordinating internal audits within financial institutions.
• Knowledge of internal controls, professional standards, and regulations applicable to financial institutions.
• Strong verbal and written communication skills.
• Ability to adapt style and messaging to effectively communicate with professionals at all levels.
• Ability to successfully multi-task while working independently and within a group environment.
• Superior analytical and diagnostic skills.
• Capable of working in a demanding, deadline-driven environment with a focus on details, accuracy, and responsiveness.
• Ability to adapt to rapidly changing environments successfully.
• Solid organizational skills, especially the ability to meet project deadlines with a focus on details.
• Capable of effectively supervising Associates and/or Interns and delegating work assignments as needed.
• Ability to build and maintain strong relationships with client personnel.

Pay

Individual salaries are determined after consideration of numerous factors including qualifications, experience, skills, and geography.

• National Range: $85,000 - $100,000
• Maryland Range: $85,000 - $100,000
• NYC/Long Island/Westchester Range: $85,000 - $100,000

Benefits

BDO provides a comprehensive Total Rewards benefits package, including an Employee Stock Ownership Plan (ESOP) that offers participants a stake in the firm’s success. Benefits may be subject to eligibility requirements.