Sr Mgr - Audit

About the role

The Senior Manager role supports the Internal Audit Group’s assurance coverage for the second line compliance function and coverage of higher risk consumer compliance activities. The colleague will support audit engagements by leading planning and execution activities, evaluating control design and effectiveness, and providing actionable insights that strengthen the compliance governance, compliance risk management, regulatory compliance programs, consumer compliance, issue management, regulatory change management, and the overall control environment.

Responsibilities

• Act as an Auditor in Charge (AIC) on more complex audits and/or lead multiple simultaneous low-risk audits, executing and managing the audit engagement end-to-end, planning audit projects, defining objectives and scope, and coordinating with control groups and external auditors to ensure effective execution;
• Conduct L1 reviews;
• Analyze/review audit results and documentation to evaluate effectiveness and efficiency, synthesizing audit findings;
• Lead audit client meetings and walkthroughs;
• Develop test steps, audit findings, and the audit report in accordance with IAG policies and procedures;
• Guide team on how to validate and execute corrective actions / Management Action Plans (MAPs) are impactful, sustainable, and improve the control environment of the business unit;
• Support business monitoring activities with audit leadership, tracking key metrics to identify control issues and trends; stay up to date with evolving industry trends, external news and regulatory changes, and analyze the impact to the business exams;
• Delegate tasks to team members; guide Senior/Staff in assessing risks, evaluating control design, and executing audit tests; review and provide feedback on work papers;
• Serve as a People Leader, providing mentorship, coaching, and career development support for direct reports;
• Effectively coach, teach, mentor, and develop less experienced colleagues and co-sourced resources in geographically diverse locations across all aspects of their role, the audit and analytic lifecycle, audit methodology and best practices;
• Conduct post-audit feedback discussions with audit team members to provide actionable feedback, support development, and recognize accomplishments;
• Guide team to proactively and routinely communicate task status, roadblocks, challenges, suggesting potential solutions to the team;
• Begin to develop subject matter expertise in a specific line of business;
• Support the first level of escalation, effectively navigating problems and difficult conversations;
• Attend report / issue conversations with management, work with Director / Team Leader to communicate and action on next steps;
• Report on assigned tasks in client reporting meetings; assist with preparing materials for Regulatory exams;
• Follow-up with management to ensure management action plans are closed effectively and timely.

Qualifications

• Minimum Qualifications: 6+ years of audit experience, Prior experience working at a Big Four / G-SIB, Demonstrates strong written and verbal communication skills to deliver quality work product, and actionable value-add feedback to management on issues, opportunity areas, and deficiency solutions, Effectively leads a team in a fast-paced environment to drive business results, utilizes related project management skills, employs creative thinking, and the ability to work on competing priorities, Applies critical thinking to break-down complex problems into components, and solve using data analysis, process, risk control knowledge, and experience to drive risk-based conclusions and decisions, Understands regulations, regulatory risks, accounting, and financial industry best practices relevant to the business, including emerging technology and data considerations, and incorporates into the audit approach to enhance outcomes
• Preferred Qualifications: Experience with data analytic tools, data visualization, key risk indicators (KRIs), key performance indicators (KPIs), information systems / technology, and scorecards / dashboards, etc., Interest in working with data, interpreting results, analytic best practices and exp, Prior experience in a second line compliance function or auditing a second line function, Understanding of Consumer Compliance regulations such as Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), Truth in Lending Act (TILA), and Equal Credit Opportunity Act and Fair Credit Reporting Act (ECOA).

About Us

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• Competitive base salaries
• Bonus incentives
• 6% Company Match on retirement savings plan
• Free financial coaching and financial well-being support
• Comprehensive medical, dental, vision, life insurance, and disability benefits
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities

For a full list of Team Amex benefits, visit our Colleague Benefits Site.

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.