Director of Audit- Finance

City National Bank • Jersey City, NJ

25d • Onsite

About The Position

The Director of Audit for Finance will manage a team of Financial and IT audit professionals in overseeing audits in compliance with key regulations such as FDICIA (FDIC Improvement Act), SOX (Sarbanes-Oxley Act), and CCAR (Comprehensive Capital Analysis and Review). Responsible for various internal audit assurance activities for core Finance auditable entities including Treasury, Accounting & Tax, Financial & Regulatory Reporting, Corporate Development & Strategy, Financial Performance Management, Corporate Real Estate, Procurement, and Data, Client & Business Intelligence. Evaluate business risks, analyze business processes and controls, and make recommendations where appropriate to improve the control environment for Finance.

Requirements

• Bachelor's Degree or equivalent
• Minimum of 10 years of progressive experience within a top tier financial services organization or Big “4” public accounting firm
• Minimum of 5 years experience managing staff
• Audit assurance and advisory experience
• Strong understanding of financial and regulatory compliance risk
• Experience working with US regulators such as OCC, Federal Reserve, etc
• Strong experience in use of data analytics, visualization and reporting – e.g. Tableau.
• Experience planning integrated business audits with technology auditors
• Understanding of core technology (applications and infrastructure)
• Experience in data analytics (data gathering, transformation, analytics, and reporting)
• Strong leadership skills.
• Excellent communication skills, oral and written.
• Ability to interact effectively with management and staff at all levels

Nice To Haves

• Experience in Corporate Treasury, specifically Liquidity Risk Management, Interest Rate Risk in the Banking Book, and Funds Transfer Pricing, is preferable
• Experience in Capital Planning and Finance
• Professional Designation (CIA, CPA, CISA, CISSP, CISM) preferred
• Demonstrated history of building inclusive and diverse teams or committees
• Demonstrated experience in working in a matrixed organization with proven ability to multitask and prioritize activities
• Experience leading, coaching and mentoring direct reports

Responsibilities

• Oversee the annual FDICIA/SOX audit to ensure timely completion and communicate control deficiencies identified to management; coordinate with external audit and outsourced SOX internal audit firm.
• Prepare annual audit plan for Finance audit entities and design multi-year audit approach for the Finance audit universe to assess the adequacy and effectiveness of the internal control environment.
• Ensure timely and complete execution of audits in the annual plan.
• Review audit findings and audit reports drafted by the audit team for submission to the Senior Director.
• Lead the execution of continuous monitoring and adjust audit plan as necessary.
• Evaluate and escalate opportunities for internal control improvements.
• Leverage data analysis and insights across the enterprise, and across all stages of the audit lifecycle, to apply to the audit portfolio.
• Foster the development of key relationships with data stewards and heads of platform technology to understand key applications and data sources.
• Achieve deeper insight into the root-causes and potential impact of audit issues using analytics.
• Advise Executives on internal controls and governance during audit fieldwork and reporting.
• Conduct proactive and ongoing discussions with business leaders.
• Influence key sponsors and stakeholders to gain buy-in, overcome challenges, and deliver on high priority initiatives.
• Work with efficiency and effectiveness, maintaining Internal Audit methodology and standards, in the planning, execution and reporting of deliverables.
• Supports the continuous improvement of audit methodologies, audit approach and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.
• Direct, counsel, and manage a staff of internal auditors assigned to engagements and review audit plan, findings, and reports for sufficient scope, accuracy, appropriateness of conclusions and compliance with requirements.
• Coordinate and manage regulatory requests and examinations with bank regulators and external audit.

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: Director
• Education Level: Associate degree