Senior Vice President / Senior Audit Manager - Markets

Lloyds Banking Group • New York, NY

2d • $170,000 - $200,000 • Onsite

About The Position

This role is for a Senior Vice President / Portfolio Lead – Markets, based in New York. The position involves leading audit delivery, mentoring high-performing teams, and shaping the future of commercial banking. The individual will be responsible for the end-to-end execution of audits and related action follow-up through effective planning and partner management. They will also lead quality across the New York Commercial Banking audit portfolio as necessary and ensure timely actionable development feedback to all colleagues delivering on their behalf. Additionally, the role contributes to the ongoing development and improvement of GA&CI colleagues through teamwork, collaboration, and effective management of resources into change initiatives, and provides career coaching and mentoring to direct reports and colleagues to develop a positive and high-performing team culture.

Requirements

• A deep end-to-end understanding of sales and trading businesses (across FX, Rates, and Credit), including key risks and controls across the front office, middle office, back office, risk and product control.
• A solid understanding of the local regulatory landscape and key requirements and expectations of the FRBNY and the DFS.
• A track record of interacting with supervisory bodies, such as the FRBNY.
• The ability to lead and taking ownership for delivery, and championing colleagues' growth and development.
• The ability to deliver risk and control assurance activity that is timely, impactful, insightful and valued by partners.
• The ability to understand and interpret Group and Business Unit Strategy and connect audit delivery and business monitoring insights to such strategies at the Macro level
• The ability to analyse, understand and communicate data as information, and to use data to drive effective audit outcomes.
• The ability to prioritize your work and that of others effectively to ensure timely and valuable delivery

Nice To Haves

• An understanding of Debt Capital Markets and Lending products, risks and controls
• A markets relevant professional qualification
• Trade, Electronic and Voice Surveillance Frameworks

Responsibilities

• Actively supervise the detailed scope and delivery of a significant number of audits in the New York Commercial Banking audit plan and where necessary directly lead particularly complex audits within the portfolio.
• Ensure appropriate planning for Audits in your portfolio, including selecting and supporting Engagement Leads who will project manage individual audits on your behalf.
• Oversee progress, and own the quality of audit delivery, make appropriate judgements as to when automated or data driven testing is most effective, and keep Audit and Business leadership informed regarding status, risks and other relevant insights.
• Collaborate with resource scheduler to ensure necessary resource allocation to deliver on portfolio.
• Manage relationships with and provide assurance and support regarding risk management and effective efficient internal controls to, business stakeholders.
• Proactively suggests and delivers innovating thinking by bringing the outside in.
• Proactively identify areas of improvement and drive different ways to contribute and shape direction for the team.
• Actively role model the Group values and behaviours when managing and leading others.
• Act as a career coach, performance manager, and pastoral (line) manager, to a number of New York colleagues.
• Provide timely, direct and effective feedback that contributes to the ongoing development of direct reports and other team members.

Benefits

• Comprehensive health coverage with multiple medical plan options, including an HSA-eligible plan with company contributions, plus dental, vision, and 24/7 virtual care
• Strong financial benefits including a 401(k) with company match and discretionary contribution, company-paid life insurance, and short- and long-term disability coverage
• Family and life support such as paid family leave, backup child and elder care, employee assistance programs, and identity theft protection
• Wellness and lifestyle benefits including fitness programs, gym reimbursement options, pet insurance, and group legal services
• Ongoing training, development, mentoring, and networking opportunities
• Opportunities to give back through volunteering and fundraising initiatives

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed