Credit Risk Audit - Vice President - Internal Audit - Beta Search : Job Details

Industry: Financial Services - Investment BankingJob Category: Finance / Accounting - Internal AuditJob Summary:We're seeking a Vice President, Credit Risk Audit who will be subject matter expert responsible for project management of assigned audits reporting to the Director – Credit Risk within Internal Audit for the Americas (IAA). This includes planning, fieldwork, reporting, issue tracking, and follow-up on all audits and regulatory finding validation. You will also be accountable for stakeholder management, judgment calls on audit work, first level review and staff management on individual audit engagements.Responsibilities:Lead a team of credit risk subject matter experts and execute assigned audits within the audit plan and issue management, with limited supervisionIdentify and understand risks and controls in changing environments with the ability to execute the full life cycle of an audit, from planning to audit close.Review and challenge audit staff and audit judgment in scoping, risk and control identification, findings and observations, and documentation to ensure accuracy.Partner with the wider audit function and act as a subject matter expert fostering a collaborative environmentPerform risk assessments of assigned Auditable Entities, supporting the Audit Director to dynamically manage the audit plan for the assigned portfolioKeep abreast of regulatory developments within the wholesale banking credit risk space and assess the impact on the audit planProactive coordination of audit and regulatory finding follow-up with stakeholders and prompt escalation of challenges.Developing and maintaining constructive, collaborative relationships with relevant stakeholders, providing effective challenge and guidance.Maintain compliance with audit methodology, while also operating within industry best practices, applicable standards and regulations, and internal and external professional practice expectations.Actively participate to create a culture of high performance and continuous improvement. Set high standards of performance and behavior for self and the team.Support strategic change initiatives and deliver enhanced performance and practices, taking others with you.Proactively make the use of wider data analytics capabilities within the function to drive efficiencies within audits.Qualifications:7+ years internal audit or credit risk management experienceSubject matter expertise in wholesale banking credit riskKnowledge of risk assessment, audit methodology, and audit executionExperience in managing end to end delivery of audits and regulatory validationsKnowledge of key regulatory requirements for Credit Risk (SR 13-3, SR 11-10 etc.)A strong understanding of key governance, strategy, risk and management processes, internal control, and internal audit within the banking sector.Strong analytical, problem-solving, verbal and written communication skillsBachelor's degree