Internal Auditor - 1813565

Internal Auditor

Internal Audit is an independent assurance and risk management function, reporting directly to the Audit Committee of the Board, with the mission of protecting the firm and enhancing its control environment.  To achieve this objective, we work with all businesses to assess internal control processes, identify areas of improvement, and ensure appropriate risk remediation.

Specific to the Business Auditor role, the Business Audit Team assesses the effectiveness of internal control environment for all functions of the firm mainly related to trust, banking, investment, corporate finance, and custody as well as ensuring compliance with applicable regulations and standards.

Role Description:

Specific responsibilities of the Business Auditor include: 

· Planning – Identify and evaluate key processes, risks and controls; contribute to preparation of audit programs and other procedures to test controls.

· Fieldwork – Timely execution, including stakeholder interviews, documentation (e.g., process narratives, walkthroughs, testing, etc.). Assess the design and operating effectiveness of key controls.

· Findings and Issues – Identify and document potential findings and issues. Discuss with relevant stakeholders and assess potential level of risk and impact.

· Reporting – Participate in drafting audit report, including overall risk evaluation of control environment, detailed audit findings and issues.

· Coordination and Collaboration – Coordinate and communicate effectively with audit and client contacts to deliver work in a professional and timely manner.

· Business Risk and Control Framework – Leverage financial industry regulations and guidance to assess risks and control design and operating effectiveness.

· Documentation – Document work clearly and concisely and in accordance with audit methodology to support evaluation of risk and control effectiveness.

· Communication – Deliver clear, timely and balanced written and verbal communications to peers, supervisors, and clients.

· Critical Thinking – Demonstrate critical thinking by gathering, analyzing, questioning and sharing perspectives on areas under review.

· Training and Development – Build awareness of technology trends, risks and controls through personal curiosity, training and networking.

 Qualifications:

· Bachelor’s degree in Finance, Business, Accounting, or other relevant subject areas.

· 3-5 years of experience with Internal Audit, Risk & Compliance or Operations preferably within the financial services industry.

· Recognized auditing certification, (e.g. CPA, CIA, CFIRS) or equivalent strongly preferred; non-certified hires are required to acquire Certified Fiduciary and Investment Risk Specialist (CFIRS) certification.

· Working knowledge of investment products, trust administration, asset management, and general accounting principles, as well as familiarity with laws and regulations related to trust, banking, and investments.

· Effective organizational and documentation skills (ability to write succinct and cohesive process narratives, issue statements and action plans), as well as ability to prioritize tasks.

· Strong communications and interpersonal skills.

· Healthy skepticism along with strong critical thinking and problem-solving skills.

· Ability to build and maintain effective relationships with peers and business partners.