Audit Manager [Multiple Positions Available]
$194,000–$200,000 year
On-siteJersey City, New Jersey, United States
Job Summary
Execute internal audit coverage for Category I Banking Institution finance, risk, and capital management frameworks, leading complex audits, assessing control environments, and providing control-related advice to business stakeholders. Coordinate annual audit planning, including risk assessments and quality control processes, while managing audit testing, issue identification, and report issuance. Lead capital planning coverage across Lines of Business and Risk Stripes to ensure consistent execution and seamless Senior Management reporting. Monitor regulatory and market events impacting the firm's risk profile and collaborate with cross-functional teams to evaluate management controls and identify risk patterns. Utilize data analytics platforms and workflow tools to drive insights and inform executive decision-making.
Required Qualifications
- Bachelor's degree in Accounting, Finance, Mathematics, Economics or related field of study
- 7 years of experience in the job offered or as Audit Manager, Audit lead, Finance Lead Auditor, Auditor, or related occupation
- Master's degree in Accounting, Finance, Mathematics, Economics or related field of study
- 5 years of experience in the job offered or as Audit Manager, Audit lead, Finance Lead Auditor, Auditor, or related occupation
- Experience executing and leading external audits for banking institutions which include the review of capital requirements, risk, and capital management frameworks
- Auditing, assessing and monitoring Basel framework including Basel requirements and Capital Management framework encompassing regulatory requirements, including rule interpretation and implementation, capital stress testing, and risk-weighted asset calculation
- Reviewing banking products and services that cover asset classes and financial services, including product methodology, risk assessment, and control environment for internal control design processes
- Applying accounting standards, including US GAAP and IFRS, in the review, preparation, consolidation, and analysis of financial statements across multiple legal entities to meet internal and external reporting requirements
- Designing and executing risk assessment frameworks, utilizing quantitative and qualitative methodologies to identify risks, evaluate control effectiveness, and inform executive decision-making
- Conducting issue and impact analyses on financial, regulatory, or operational matters, and preparing executive reports and presentations for senior management
- Utilizing data analytics platforms including ACL, IDEA and Power Query in Excel, to obtain data-driven insights that facilitate review and evaluation of control environment
- Creating business process workflows using workflow tools including Visio
- Coordinating Capital Planning including Capital Stress Testing and Capital Adequacy Assessment for banking institutions
- Overseeing the execution of audit strategy of capital planning framework coverage
- Collaborating with cross-functional teams to achieve end to end coverage of the internal controls framework of Internal Capital Adequacy and Assessment (ICAAP) framework
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