Risk Audit Associate

Sumitomo Mitsui Banking Corporation • Charlotte, NC

10d • Hybrid

About The Position

SMBC is seeking an experienced Risk (Financial and Non-Financial) Audit Associate with a minimum of three years of experience in the banking & finance industry to work within the Internal Audit Department. The Audit Associate will participate in the design and execution of internal audits of various complexities, ensuring audit work is performed in accordance with IIA standards and IAD policies and procedures, as well as participate as a team member on other audit engagements or projects.

Requirements

• Minimum of three years of experience in the banking and finance industry or consulting companies, preferably in the second and/or third line of defense roles for financial or non-financial risk
• Working knowledge of banking / capital markets products.
• Understanding of applicable regulatory requirements, supervisory guidance, and industry standards relevant to financial and non-financial risk
• Understanding of audit techniques, internal controls, and workpaper standards.
• Excellent communication, presentation and interpersonal skills including the ability to interact effectively at all levels within the organization.
• Bachelor’s Degree in Accounting, Finance, or related field.

Responsibilities

• Participate in risk audits from inception to completion including planning, testing, issue identification, workpaper review, and reporting.
• Assess the design and operating effectiveness of controls supporting operational risk, credit risk, liquidity risk and other financial and non-financial risk management frameworks.
• Effectively communicate with stakeholders and audit senior management to clearly articulate audit strategy, testing results, and corrective measures.
• As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities.
• Participate in quarterly and annual continuous monitoring and risk assessment processes to identify business trends and changes in the business risk profile.
• As needed, assist with special projects related to business process improvements or departmental strategic initiatives.
• Track and validate closure of issues raised by the department and regulators.
• Develop, promote, and maintain collaborative and strong working relationships with business management, risk management functions, external auditors, and regulators.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level