Sr Auditor - Fraud Risk

Flagstar Bank•New York, NY

1d•Onsite

About The Position

The Senior Auditor is an experienced professional focused on providing assurance for the company through the development of an audit plan, supporting the overall objectives of the department working closely with the Audit in Charge (AIC). The role requires a deep understanding of financial and regulatory frameworks, identifying discrepancies or risks that could impact the financial health of the bank. This is a critical role in the Internal Audit Department, responsible for ensuring testing and workpapers are completed with high quality in support of the AIC. The Senior Auditor prepares audit documents including engagements, planning memorandums, preliminary opening discussion documents, audit programs, and wrap-up documents in assigned vertical. This position will assess policies, procedures, and supporting processes and help ensure compliance with regulatory requirements. The Senior Auditor possesses and applies comprehensive knowledge to the completion of complex/difficult assignments, and will plan, conduct, and may supervise assignments.

Requirements

Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field.
5+ Years of audit or risk management experience including in the financial services industry, preferably with a large financial services firm.
Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
Strong knowledge of internal audit best practices and industry standards.
Strong oral and written communication; comfortable making presentations to groups of professionals, external auditors, and regulators.
Excellent quantitative and analytical skills along with a focused attention to detail.
Collaborative and takes ownership to ensure the quality of the audit team’s product and success.
Ability to influence and effect change; be viewed as a trusted advisor.
Proactive thought process, with an ability to foresee potential risks ahead of business decisions.
Strong project management skills, with the capability to prioritize multiple demands.
Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights.
Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels.

Nice To Haves

Master's Degree (or Postgraduate equivalent) in Accounting, Finance, or Business Administration or related field.
Previous experience working with a public accounting or risk advisory firm.
CIA, CPA, CISA, CRCM, or CFE.

Responsibilities

Supporting the AIC in determining scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation).
Drafting MR(I)A workpapers.
Completing required training.
Completing Skills Assessments.
Mentoring new auditors.
Responsible for communicating with the senior audit manager and/or AIC and audit clients about the engagement.
Conducting field work and workpapers are completed in a timely manner.
Works with the AIC to determine scoping decisions, audit opinions, and issue identification.
Executes the audit by conducting audit planning, risk identification, scoping, and field testing are completed in a timely manner with high quality supporting the AIC.
Maintains relationship with the audit client and audit management to ensure clear communication.
Maintains certifications as applicable.
Performs special projects, and additional duties and responsibilities as required.
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
Accountable to maintain compliance with applicable federal, state and local laws and regulations.