Location: New York,NY, USA
Summary of the position
The Lead Auditor conducts audit assignments primarily in 2nd line corporate regulatory compliance from planning to issuance of the final report. This includes an assessment of the audited activity, the performance of tests, analysis and controls and the issuance of recommendations. He/she is responsible for the timeliness and comprehensiveness of the audit deliverables under the supervision of the Local Head of Audit or an Audit Supervisor. He/She is accountable for maintaining open communication with stakeholders, and drafting the management debriefing presentation and final report. He/she usually leads a team of several auditors. In most audits he/she also executes control sections of the audit.
He/she generally, but not exclusively, leads audit assignments that have a focus corporate compliance and regulatory requirements. He/she provides support to other IGE Managers for assignments where regulatory compliance expertise is needed. He/she monitors and validates the implementation of recommended corrective actions identified in audit or regulatory coverage.
Key Responsibilities
II Conduct of assignment
The Lead Auditor conducts audit assignments from planning to issuance of the final report. This includes the following responsibilities:
III Management of a team during an assignment
III IGE Continuous Improvement Program / Transversal topics
The Lead Auditor contributes to the continuous improvement of IGE methodologies and processes. As part of his/her responsibilities, he/she can be requested to:
At a minimum, the Lead Auditor must also complete within the defined timelines all annual required training on banking and regulatory matters to maintain a sufficient knowledge of the audited area for which she/he is responsible.
Management and Reporting
Direct reporting line to Regulatory Compliance, BSA/AML/Sanctions Audit Director
During an assignment, the Lead Auditor may also report to a global supervisor in charge of the assignment
Key Internal contacts
Auditees (2nd line CACIB Compliance and CUSO Compliance), other control functions
Key External contacts
The Audit Lead may be asked to coordinate co-source resources on engagements or provide support for regulator interactions
Role specific requirements
This role may require business travels in any relevant locations to conduct the assigned audits, for periods up to several consecutive weeks.
Lead Auditors must comply with the CACIB Audit Charter, in particular the five fundamental ethical principles (integrity, objectivity, confidentiality, expertise, and transparency) and all other locally applicable regulations.
Before or after an assignment, Lead Auditors shall have no direct operational responsibility or authority over any of the activities under review. They shall not develop systems or procedures, prepare records or engage in any activity, which belongs to the auditable perimeter.
Qualifications/Education Required:
Bachelor or Masters degree in accounting, business, finance, engineering, economics or related field (or relevant experience)
Certification (e.g. CFA, CPA, CIA)
Experience Required:
6 to 10 years of experience in audit or relevant control environment
Strong knowledge of bank and broker dealer operations
Approved Person Registration:
Series 99 preferred
Competencies Required:
Organization, efficiency, results-driven, analytical skills
Project management (e.g. work organization, time planning, feedback, communication)
Verbal and written communication
Autonomy and Leadership
Self-confidence, ability to defend own findings and conclusions, ability to cope with stress
Accuracy and reliability
Fluent in English
Relationship management
Capacity to cooperate
Ability to work across disciplines and cultures
Basic French
Skills & Knowledge Requirements:
Knowledge of the principles, practices and techniques of auditing
Demonstrated ability to gather, analyse facts, and prepare and present concise reports
Knowledge of organization and activities of the Bank,
Ability to lead a group or work as part of a group to accomplish shared goals
Any specific skills knowledge in using core IT systems of the Bank (understanding of the data production, analysis of the results) - desirable