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Jobs · Accounting · New York

Vice President, Auditor, Investment Services

hackajob · New York, NY · 1 wk ago
On-siteAccounting$68k–$160k/yrFull-time

About the role

Vice President, Auditor, Investment Services at BNY is a role within the Investment Services Internal Audit Team. This role is based in Jersey City, New Jersey, Lake Mary, Florida, or New York, New York.

Responsibilities

  • Lead or participate in the delivery of complex and challenging global audit assignments, with a primary focus on the trade clearing and settlement services.
  • Knowledge and experience in U.S. government securities clearing and tri-party settlement services a plus.
  • Drive or participate in all phases of audit project execution including planning, fieldwork, and reporting in accordance with audit methodologies.
  • Perform walkthroughs with process owners; document results in narratives/flowcharts; identify and document risks and controls; develop and execute testing strategy; prepare supporting workpapers; and document test exceptions and conclusions.
  • Elevate potential audit issues to the Audit Manager and business management as soon as they are identified.
  • Identify and draft meaningful issues impacting the business under review and challenge management to develop appropriate remedial actions to address the issues identified.
  • Follow-up on remedial actions to ensure corrective actions have been appropriately implemented and where necessary, test the design, operating effectiveness, and sustainability of implemented actions.
  • Build strong relationships with key stakeholders in the business and risk management areas and with colleagues throughout the global Internal Audit team.
  • Engage in and document Continuous Monitoring activities to identify new or changing risk conditions for the covered businesses.
  • Apply advanced analytical problem-solving skills and assist others in solving complex issues and identifying innovative solutions.
  • Contribute technical or specialized skill sets or business knowledge not readily available elsewhere in the department to solve audit issues.
  • Identifies opportunities for the use of AI/automation and actively participate in advancing recommendations for software support requests.
  • Maintain up-to-date knowledge of the industry, best practice and regulatory requirements.
  • Carry out other ad-hoc tasks and projects as directed by audit management.
  • Draws on extensive experience and/or specialist skills (e.g. technology, advanced operational knowledge, or first or second line experience, etc.) to plan and deliver audits.
  • Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions.
  • Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).

Requirements

  • 7 years or more of experience in financial services/ capital markets specifically within Internal Audit or Risk or Compliance/ operational risk control testing.
  • Strong knowledge of financial systems or exposure to larger financial institutions.
  • Preferred Degree in Finance or Accounting and/or professional certification like CPA, CFA, CIA.
  • Excellent team player with effective project management skill.
  • Understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.
  • Technical Expertise: Deep knowledge of clearing broker-dealer functions and/or the full trade lifecycle, including: Execution processes, Clearing operations, Settlement processes, Custody services, Regulatory Knowledge: Strong working knowledge of the regulatory environment governing financial services, including: U.S. securities laws and regulatory structure, FINRA rules applicable to broker-dealers, SEC requirements such as customer asset protection, margin, customer protection, communications, and reporting.

Qualifications

  • No direct reports.
  • Demonstrate leadership through work guidance and training of less experienced peers and through advice to assigned clients.
  • Contribute to the overall achievement of team goals.
  • Carry out other ad-hoc tasks and projects as directed by audit management.

Skills

  • Advanced analytical problem-solving skills.
  • Leadership and mentorship skills.
  • Project management skills.
  • Technical expertise in financial systems and auditing.

Benefits

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

Pay

The base salary for this position is expected to be between $68,000 and $160,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

Schedule

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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