Audit Manager II-Wealth Management

City National Bank • Jersey City, NJ

107d • $77,000 - $143,000

About The Position

The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detail audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to the Senior Audit Manager/Director and senior management in meetings, presentations, and/or written reports and memorandums. The position will support City National Bank's Internal Audit in providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, governance processes, system of internal controls for the Wealth Management platform: Personal and Employee Benefit Trust Administration, Retirement and Custody Services, Specialty Wealth Assets, Investment Advisory, Broker/Dealer, Investment Banking activities for CNB's Capital Markets, Registered and Unregistered Fund Vehicles, Support Functions (Operations, Compliance, Risk). Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations.

Requirements

• Bachelor's Degree or equivalent.
• Minimum 5 years of audit or related experience in banking operations, compliance, and/or risk management activities.
• Minimum 3 years of experience conducting internal audits within financial institutions and supervising staff.
• CPA - Certified Public Accountant or CIA - Certified Internal Auditor or CFIRS – Certified Fiduciary and Investment Risk Specialist or CFA - Charter Financial Analyst or CAMS - Certified Anti-Money Laundering Specialist.

Nice To Haves

• Strong verbal and written communication skills to effectively present to peers and business management.
• Demonstrated negotiation and leadership skills needed to convey ideas and obtain management buy-in for constructive change.
• Effectively manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills.
• Strong understanding of internal auditing standards, COSO and risk assessment practices.
• Strong understanding of internal control concepts and application of such.
• Strong working knowledge of banking industry laws and regulations.
• Experience in planning and juggling multiple projects and with varying team members.
• Experience in coaching junior auditor.
• Familiar with data analytics, robotic process automation and artificial intelligence tools.
• Experience in use of data visualization and reporting – e.g. Tableau and/or Alteryx is a plus.

Responsibilities

• Plans, executes and evaluates audit test plans for projects of medium to high complexity with a risk-based audit approach.
• Assesses risks and controls, designs comprehensive audit programs, executes audit procedures, supervises and reviews the work of others.
• Analyzes and synthesizes results of testing performed, effectively communicates results to senior management to affect change.
• Delivers well written audit reports and other forms of communication.
• Manages staff assigned to engagements, and collaborates with other audit groups to effectively plan, integrate and execute audits.
• Understands operational and wealth management specific risks in order to identify and assess key control activities in business processes.
• Assesses information security and privacy policies and procedures to identify weaknesses within the business process or activity being audited.
• Leads and executes continuous monitoring activities periodically for the area assigned.
• Gathers and evaluates information received from business units and other external/regulatory sources.
• Ability to multi-task and work in a dynamically changing environment.
• Complies fully with all Bank policies, procedures, audit methodologies, training and regulatory requirements.
• Discovers patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools.
• Executes basic analyses and creates simple visualization using standard tools.
• Develops requests for advanced analytics by providing detailed and clear questions to the Data Analytics Lead or Data Scientist.
• Applies advanced analytical techniques to test hypotheses and add insights into audit findings.
• Supports the Audit Director proactively in their ongoing monitoring and discussions with business management.
• Continuously builds trusting relationships with Internal Audit peers and business management.
• Acts as the key contact and responds to inquiries from business throughout the audit process.
• Challenges others’ thinking or approaches in a constructive manner.
• Advises stakeholders on internal control and governance matters and conducts proactive and ongoing risk management discussions with business leaders.
• Influences key stakeholders to gain buy-in, overcomes challenges and delivers on high priority initiatives.
• Acts as a role model/mentor to more junior auditors and provides constructive feedback.
• Enhances and maintains staff morale.
• Prepares and conducts formal/informal training for less experienced staff members.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees