IT Audit Director - Financial Crimes

MUFG•New York, NY

1d•$180,000 - $232,000•Hybrid

About The Position

The IT Audit Job Function focuses on the adequacy and effectiveness of controls for the security, integrity, and resilience of information technology (IT), including applications, cybersecurity, information risk management, information security, and infrastructure. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Individuals in the IT Audit Job Function focus on the adequacy and effectiveness of controls for the security, integrity, and resilience of information technology (IT), including applications, cybersecurity, information risk management, information security, and infrastructure.

Requirements

Supervisory project management skills within internal audit functions
Advanced risk assessment, audit methodology, and execution
Demonstrated ability to drive analytics innovation, credibly challenge and proactively influence risk and control environments
IP networks infrastructure
Windows active directory
Databases
Mobile technologies
Cloud Computing
Standards / Frameworks
Communicates effectively
Anticipates changing business needs, adjusts priorities accordingly, and allocates necessary resources and budget to achieve objectives
Equips the business to become an effective competitor in a highly dynamic landscape
Considers stakeholder needs and input as well as best practices and insights from industry trends when making strategic decisions
Employs an agile, iterative process
Demonstrates broader enterprise-wide leadership outside the function
Is flexible, decisive, and serves as a trusted advisor to senior leaders within the organization
Demonstrates effective negotiation and influencing skills
Prioritizes and facilitates a culture of continuous improvement and systems thinking
Sets the tone for successful collaboration with other business units and corporate entities
Creates an environment that fosters communication, transparency, and collaboration
Cultivates innovation and values learning as a lifelong professional objective
Leads by example, engaging inclusively and with intent
Always acts with integrity
Degree or equivalent work experience equally preferable
Degree in technology discipline preferred OR Degree with work experience in a technology-related field
CISA, CIA, CISM, CISSP or other relevant professional certification
IT Audit leadership experience in a large, complex financial institution

Responsibilities

Lead and manage the teams responsible for conducting efficient and effective programs of IT Audit work, including scope, controls, methods, communication, recommendations and remediation
Oversee appropriate audit delivery, issue management and coverage of the portfolio, managing the portfolios within Key Performance Indicators (KPIs), within required methodology and Quality Assurance standards
Maintain and manage the portfolio universe and risk assessments to ensure appropriate representation and calibration, as well as establishing a mechanism for building a forward-looking view of regulatory changes, emerging risks and new products and services
Dynamically manage the audit plan for the assigned portfolio considering whether it remains relevant throughout the year, proposing changes as appropriate
Actively participate in the development and implementation of the long-term vision, strategy and target operating model of EIA locally and globally, driving strategic initiatives and partnering with relevant peers
Drive innovation and optimization in audit execution and monitoring
Partner at all levels of the organization to develop, implement, and execute organization-wide audit policies that assure effective, efficient, and compliant procedures are followed
Develop constructive, collaborative relationships with senior stakeholders providing a commercial perspective and effective challenge and guidance as an independent respected voice, partnering on initiatives and remediation activities
Accountable for the delivery of the portfolio of audits within the audit plan and issue management/validation for the assigned portfolio on time and within KPIs
Schedule audits effectively to achieve the step change in audit durations according to KPIs, to maintain full utilization in line with expected capacity expectations and to distribute audits evenly through the year
Lead and manage risk-based audit engagements and demonstrate appropriate coverage of the key risks
Oversee audit engagements with clear focus on timelines with strong supervision of the team deliverables, including timely review of workpapers
Monitor audit delivery effectively and deliver within the deadline set; and meet interim milestones and avoid overruns
Confirm potential findings and management action plans through the life of the audit in coordination with stakeholders
Maintain regular touchpoints with stakeholders to drive and support effective issue management to Ensure delivery of audit files that meet all QA standards
Validate issues to the required quality standards and within relevant KPIs through effective oversight and guidance of the team’s issue management activities
Ensure data quality is in line with data quality related deadlines and expectations
Accountable for the maintenance of the risk universe and risk assessments of assigned Auditable Entities
Responsible for developing and maintaining constructive, collaborative relationships with relevant senior stakeholders providing a commercial perspective and effective challenge and guidance as an independent, respected voice, partner on initiatives and remediation activities
Responsible for partnering with stakeholders to demonstrate impact and influence through tangible outcomes and raised standards of controls and behaviors in the stakeholder’s Control Environment
Oversee the team responsible for the audit of risk management and controls for information systems, platforms, and IT operating practices and procedures
Provide expertise on the development of audit scope, objectives, and work plans, including audit tests, controls, statistical methods, and survey, interview, and computer-assisted audit techniques
Set and manage appropriate audit delivery, issue management and coverage of the portfolio
Communicate audit plan to leadership, outlining key process steps by narrative or flowchart, and highlighting information inflows, outflows, and internal control components
Monitor and ensure an efficient and effective program of audit work including: Complete and accurate documentation, Productive interviews with process owners, Accurate and insightful evaluation of business, strategic, and reputational risks, Identification of control design gaps, Comprehensive audit report, observations, recommendations, and the timely initiation remediation
Ensure that processes are in compliance with corporate objectives and government standards
Make recommendations to the Audit Committee or Board of Directors on issues raised during audit procedures and consult with business unit leadership on follow-up
Ensure compliance with audit methodology, operating within industry best practices, applicable regulations, and internal and external professional practice expectations
Hire, develop and retain top talent
Manage budget and resource allocation