Audit Project Manager - Operations

Overview

Complete internal audit engagement assignments with minimal supervision from audit team management, with a primary focus over the next 36 months on annual key SOX financial statement control testing and other audit support work specific to bank operations.

What you'll do

• Perform control testing and/or supervise staff auditors performing control testing based on audit program directions, using appropriate sampling and control testing techniques.
• Identify and assess the relevance of possible issues, and document work performed to support audit scope and conclusions in conformance with internal audit policies and procedures.
• Draft audit issues under the supervision of audit team management, including potential exposures and significance, appropriate root causes, and operationally effective and cost-effective recommendations.
• Assist audit team management in planning audit engagements, including understanding risk and risk management techniques, identifying and analyzing business processes, key risks and critical controls, interviewing auditees, and evaluating control design adequacy.
• Assist audit team management in the reporting and wrap-up phases of audits, including drafting audit reports.
• Serve as a subject matter expert in a particular topic, help drive strategy, and support multiple audit engagements covering related topics.
• Handle complex tasks autonomously and influence business line understanding of risk mitigation.
• Provide coaching and on-the-job training for team members, as applicable, and directly or indirectly lead team members.
• Partner with the assigned line of business, other Risk/Compliance/Audit professionals and managers, and RCA Managers to create, implement, maintain, review or oversee an effective risk management framework.
• Participate in projects and/or activities to ensure compliance with applicable federal, state, and local laws and regulations.
• Identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems, or human errors.
• Identify, respond to, or escalate risks as appropriate.
• Perform other duties as requested by audit team management, and learn from and apply coaching received.

What you'll need

• Bachelor's degree, or equivalent work experience.
• Typically more than ten years of applicable experience.
• Internal audit experience in the financial services industry, specifically bank operations.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact bank operations, including cash servicing, money movement, deposit processing, legal order processing, treasury client servicing, claims/disputes and complaint handling, card operations, and print services.
• Relevant internal audit experience in the financial services industry in areas including SOX, regulatory compliance, and risk management.
• Considerable understanding of the business line's operations, services, systems, and associated risks and controls.
• Considerable knowledge of Risk/Compliance/Audit competencies and the ability to hold others accountable on individual projects.
• Advanced process facilitation, project management, and analytical skills for complex processes.
• Thorough understanding of The Institute of Internal Auditors' Global Internal Audit Standards and the common definition of internal controls.
• Business acumen and credibility to help business lines proactively identify and address the evolving risk landscape and changing workforce needs.
• Excellent presentation, interpersonal, written, and verbal communication skills.
• Strong critical thinking and analytical skills.
• Proven adaptability to changing priorities and the ability to manage multiple tasks and deadlines simultaneously.
• Ability to successfully coordinate with multiple groups to complete projects.
• Proficient computer navigation skills using a variety of software packages, including Microsoft applications.

Nice to have

• Understanding of the evolving use of artificial intelligence and process automation to create efficiencies and streamline processes.
• Relevant professional certifications, such as CIA, CFE, CISA, Accredited Payments Risk Professional, etc.

Details

• Location: Chennai, India.
• Posting may be closed earlier due to high volume of applicants.