Internal Audit Manager Broker-Dealer
: Job Details :

Internal Audit Manager Broker-Dealer

About the area:

Internal Audit is a global area of over 700 people with a multidisciplinary, dynamic and flexible team of professionals whose knowledge and expertise covers all the organization s areas and activities in multiple countries.

As the third line of defense, Internal Audit s (IA) mission is to independently assess the firm s overall control environment, including the firm s governance processes, controls, and risk management framework. Additionally, the purpose of Internal Audit is to help the BBVA Group accomplish its objective by providing a systematic and disciplined approach to assess and improve the effectiveness of its risk management, control and governance process.

About the role:

Based in New York, NY you will be responsible for executing and coordinating the internal audit activity for the US Broker Dealer and Global Markets business with direct reporting to senior management. You will also be integrated into other types of projects and activities where you will learn multiple processes that support the activity of a large financial institution such as BBVA S.A.

What are we looking for?

We are seeking a highly skilled and experienced Broker Dealer Internal Auditor to join our team.

The candidate will be responsible for evaluating and improving the effectiveness of risk management, control and governance processes within our Broker Dealer operations and the Global Markets activities conducted from the US

The candidate has to demonstrate strong experience and knowledge understanding FINRA and SEC rules as they apply to broker-dealers. Knowledge about CFTC Swap Dealer and SEC/CFTC Securities Based Swap Dealer activities, operations and financial reporting is desirable.

Responsibilities:

- Conduct risk assessment, continuous monitoring and audit plans to ensure compliance with regulatory requirements and internal policies and procedures.

- Perform audits of Broker Dealer and Global Markets activities and its products including trading, sales, risk management, operations and compliance functions to ensure compliance with policies and SEC, FINRA and CFTC regulations. Assess the broker-dealer compliance program designed to prevent illegal, unethical, or improper business practices. Participate in the planning, fieldwork, reporting phases of the internal audit activity.

- Evaluate the design and operating effectiveness of the internal control environment to ensure compliance with broker-dealer and Global Markets policies and regulations.

- Identify and communicate Audit findings to Management, including recommendations for corrective actions.

- Follow up on Audit findings to ensure timely and effective resolution.

- Stay current with regulatory changes and industry best practices to ensure audits are conducted in accordance with relevant standards and risks.

- Research current laws, rules, and other regulatory requirements to ensure Internal Audit coverage.

- Develop partnerships with line of business by understanding their initiatives and key business processes and disseminate the information to internal audit management and the audit team.

- Collaborate with other internal audit team members to promote effective risk management practices

- A sound technical knowledge and strong relationship and communication skills are necessary, in order to build productive relationships with our partners and help us become a value-added resource. A results-oriented approach to your job and a focus on improving the quality of your work are key to success in this role.

Education / Experience / Requirements:

- Bachelor s degree in Accounting, Finance, or other related fields.

- FINRA Series 7 is required. Series 27 or 24 licenses are preferred.

- Relevant industry certification (e.g., CPA, CFA, CIA) is a plus

- Minimum of 8 years of experience in Internal or External auditing global markets activities. It will also be considered compliance risk, risk monitoring or in a risk and control area with capacity for the identification, measurement and analysis of risk events.

- Strong knowledge of financial markets rules and regulations (CFTC, FINRA, Volcker, SEC, etc.).

- Supervisory experience is preferred.

- A solid foundation in the technical aspects of auditing (knowledge of general accounting, business processes, internal controls and risk assessment).

- Strong collaboration and problem-solving skills.

With respect to this position in our New York Office, the expected base salary ranges from $130,000 -$190,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

NOTE: THIS POSTING IS FOR INDICATION OF INTEREST ONLY. PLEASE VISIT THE BBVA CAREERS PAGE FOR MOST UP TO DATE POSTINGS.