Lead Auditor - Financial Controls and Regulatory Reporting

Summary of the position The Lead Auditor (“LA”) conducts audit assignments from planning to reporting. This includes an assessment of the design and control effectiveness of the auditable area supported with sufficient documentation audit work. The LA is responsible for the consistency and comprehensiveness of the audit deliverables and, under the supervision of the Risk and Finance Audit Supervisor and potentially the guidance of the global Finance Audit Partner, for drafting the debriefing presentation to management and the final report. The LA will lead and work with the resources assigned to the audit to complete audit execution in adherence to the bank's audit methodology, standards and requirements. The Lead Auditor generally, but not exclusively, will lead audit assignments that have a focus on Finance, accounting, regulatory reporting, Tax or related controls within the Finance risk stream. The LA provides support to other IGE Managers for assignments where financial control knowledge and expertise are needed. The LA is also responsible for monitoring the status of audit recommendations with adequate follow up and validation of remediation actions completed by auditees. 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: - Assess the risks of the audited activities and to validate the related control environment for its design and operating effectiveness - Review and challenge the processes and controls in view of their respective purpose and mandates as well as the related risks, relying on fact based and documented audit works - Verify the audited unit's compliance with internal policies and procedures and the applicable laws and regulations - Monitor the fieldwork carried out by the team and to adjust the fields of audit to the risks identified, - Maintain close communication with the IGE and stakeholder management on audit progress following the pre-set timeframe - Notify immediately the Audit Supervisor / Global Audit Lead or Supervisor / Head of Local Audit of any major control weaknesses (reputational, regulatory, compliance, etc.) identified during the audit review and comply with any escalation policy in the bank - Manage and organize interviews, debriefing meetings of conclusions with Management impacted by the audit - Follow up, review and finalize with Management on response to the draft audit report and prepare for the final audit report publication - Document, communicate, and memorialize audit deliverables are in adherence to the IGE/IGL Methodologies as per the Audit Charter - Monitor and maintain assigned Auditable Objects (AOs) pertaining to the assigned areas of coverage 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: - Contribute to the on-going development of IGE's knowledge and expertise of financial controls, auditing standards and best practices attend industry or CA group events to keep abreast of relevant developments in financial control or regulatory reporting - Contribute to the creation or update of methodologies and audit processes/guides through iterative dialogue with Methods & Support - Update AOs scorecards in liaison with the relevant Audit Manager - Share any relevant information with the IGE Knowledge communities' leaders and relevant Audit Partners - Manage resources and schedule of the assignment to achieve the objectives of the audit plan - Contribute to the quarterly Continuous Monitoring, Annual Risk Assessment and departmental initiatives under the supervision of IGE leadership 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. Required: Bachelor or Masters' degree in accounting, business, finance, engineering, economics or related field (or relevant experience) CPA License 5-8 years of experience in audit, in the areas of Finance / Accounting control environment in financial institutions Preferred: Additional Certification (e.g. CFA, CIA) Strong knowledge of banking Audit experience in Regulatory Financial Reporting, Taxation, Budget Planning and Revenue Forecast, Profit and Loss Reporting, A