Audit Manager - Operations

Role Description

SMBC is seeking an experienced Audit Vice President with a minimum of 8 years’ experience in the banking and finance industry to cover Operations and other financial related activities within the Internal Audit Department.

Reporting to the Operations Audit Team Lead, the Audit Director will be responsible for (1) working through various large scale complicated audits with minimal supervision by the Team Lead, ensuring work is performed in accordance with IIA standards and IAD policies and procedures (2) conducting audits requiring operations and middle office management related subject matter expertise, and (3) supporting the Operations Audit Team Lead in the execution of their duties.

Role Objectives

• Manage a team of auditors to execute high quality reviews of processes and controls within a prescribed timeframe.
• Oversee quarterly and annual continuous monitoring / risk assessment process to identify business trends and emerging risks, and when necessary, propose updates to the audit plan to reflect them.
• Track and validate closure of issues raised by the department and regulators.
• Develop, promote, and maintain a collaborative and strong working relationship with AD business heads, external auditors, and regulators.
• Support IAD Management team in planning, development, implementation, and maintenance of an internal audit program that addresses management of financial risks across the Americas Division.
• Effectively communicate with stakeholder and audit senior management to clearly articulate audit strategy, testing results and corrective measures.
• As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities (e.g., non-financial risk and lending related activities).
• Recommends continuous improvement practices based on new regulatory requirements.
• Provide support, coaching, and feedback to audit team which may include internal or co-sourced internal audit professionals.
• As needed, assist with special projects related to business process improvements or departmental strategic initiatives.

Qualifications and Skills

• Ability to act as trusted advisor to senior management using discretion and sound judgment in identifying, analyzing, and reporting problems.
• Expert knowledge of operational and middle office processes across banking / capital markets products.
• Excellent communication, presentation and professional skills including the ability to interact effectively at all levels within the organization.
• Strong strategic thinking skills including the ability to identify and assess emerging risks.
• Minimum of 8 years of risk/audit experience in the banking and finance industry.
• Strong knowledge of audit techniques, risk and internal controls assessment, and workpaper standards.
• Ability to lead teams; strong leadership skills; able to gain respect and cooperation.
• Bachelor’s degree in accounting, Finance, or related field. Advanced degree preferred.

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.