Financial Crimes Advisor, Internal Audit

Raymond James•Saint Petersburg, FL

3d•Hybrid

About The Position

Under general supervision, the Financial Crimes Advisor uses knowledge gained through education, experience, training, and/or certification to conduct audits of limited scope and complexity and develop risk profiles for assigned processes. The role recommends process improvements to strengthen internal controls and audit procedures, resolves or recommends solutions to complex problems, and maintains regular contact with internal and external customers to identify, research, and resolve issues. Work is guided by milestones and requires evaluation, originality, and judgment in moderately complex decisions. The advisor leads and supports audit activities, evaluates controls and risk trends, performs continuous monitoring and data analysis, and collaborates with business stakeholders and other Audit groups to support an integrated audit program. The position requires an understanding of business areas, financial products, supporting functions, financial markets, finance and accounting, auditing, risk assessment, and relevant regulations. The role may also perform other duties as assigned.

Requirements

Bachelor’s degree in Business Administration, Finance, or Accounting and at least two years of experience in the financial services industry, or an equivalent combination of education, training, or experience approved by Human Resources.
CAMS, CFE, CGSS, or equivalent experience is required, or a commitment to obtain a relevant certification within a timeline agreed upon with management.
Knowledge of fundamental auditing and risk assessment concepts, practices, and procedures.
Knowledge of fundamental financial markets and products, finance and accounting, and operational risks and related controls of regulations.
Ability to work effectively individually and as part of a team.
Skill in assessing the probability and impact of internal control weaknesses.
Skill in planning, organizing, and conducting audits.
Ability to identify key business processes and document risk management issues.
Skill in testing key controls within business processes.
Ability to share information, support colleagues, and encourage participation.
Ability to present complex and sensitive issues to senior management.
Ability to build stakeholder relationships, learn quickly, remain flexible, and think strategically.
Ability to manage multiple tasks, complete projects on time and within budget, and adapt to changing priorities.
Ability to demonstrate enthusiasm, self-motivation, and effectiveness under pressure.
Ability to prepare written reports and deliver oral presentations.

Responsibilities

Lead and support audit activities, including risk assessments, audit testing, control evaluation, work paper documentation, follow-up, and issue closure verification.
Partner with colleagues, clients, and control community members to evaluate the control environment and recommend ways to strengthen internal controls.
Stay current on regulatory changes and market events that affect the business.
Analyze risk trends through business monitoring and audit coverage execution.
Partner with other Audit groups to ensure complete coverage and deliver an integrated audit program.
Develop and maintain an in-depth understanding of business areas, financial products, and supporting functions.
Perform continuous monitoring of business groups.
Collect and analyze data in compliance with audit program requirements to identify, analyze, and recommend changes to core business processes.
Assist with design reviews of assigned audit areas to identify key controls.
Independently test operational effectiveness to validate controls.
Identify, review, assess, and document risk management and control issues in assigned business processes.
Assist with written recommendations regarding the effectiveness of assigned business processes and prepare follow-up plans to ensure recommendations are addressed.
Perform other duties and responsibilities as assigned.