Senior Auditor, Foreign Correspondent Banking

SENIOR AUDITOR - Midtown, NYC

Purpose of Position: ·

• To provide support to the Regional Chief Auditor and execute audit program assignments for the New York Branch and the Miami Agency.
• Evaluate the internal control system of the processes of the New York Branch and the Miami Agency.
• Advise on the identification and evaluation of risks in the different processes of the Bank applying risk-based methodologies and best international practices.

Details:

• Base Salary Range: $130,000 - $145,000 annually, plus benefits for the position.
• Bonus Eligibility: The candidate may be eligible for a discretionary bonus if they are an active employee.
• Benefits: Medical, Vision, Dental, STD, LTD, Life Ins.
• Compensation Factors: Salary offers will be based on a wide range of factors, including skills, training, experience, education, and certifications obtained.

SKILLS/EXPERIENCE:

• Bi-lingual (Spanish-English), communication, organization, teamwork, evaluate procedures, audit techniques and risk identification.
• Knowledge of banking core systems, financial reporting applications. Understanding of the IT and IS control the environment.
• Ability to analyze large datasets and identify patterns indicating control weaknesses.
• Critical thinking abilities
• Ability to deal tactfully and efficiently with all internal personnel.
• Proactive attitude and commitment to meeting deadlines.
• Knowledge of U.S. technology and security regulations.
• 7-10 years – of proven experience in financial, operations/compliance risks audit processes at International Banking Institutions and /or Domestic Banks, with a focus in Compliance- BSA/AML/OFAC.
• Experience with cross-border banking operations and correspondent banking.
• IT Audit is a plus.

Job Description:

• Spearhead initiatives within the Framework Governance and Risk Officer Teams, enhancing Enterprise Risk Management by devising and implementing innovative control frameworks, which led to a measurable improvement in operational efficiency and effectiveness.
• Identify and address critical control gaps in the COSO ICSR 2023 Guidance, leading to a 20% improvement in framework alignment.
• Direct the development of testing scope and strategies that aligned with industry standards, resulting in enhanced audit accuracy and reliability.
• Demonstrate proficiency in audits of management review controls and testing of entity-produced information including SOX (ICFR), and PCAOB.
• Maintain awareness of general business and economic landscapes, recognizing their implications for client operations and strategies
• Offer clear and concise accounting insights to clients, particularly in navigating complex accounting matters such as revenue recognition, share-based compensation, business combinations, and internal controls.
• Demonstrate adeptness in understanding various industries, discerning key performance drivers, business trends, and emerging technical and industry nuances, ensuring relevance and value addition to client engagements.
• Champion the integration of data-driven solutions, streamlining audit processes and reducing turnaround times by 30%. Instituted advanced auditing procedures tailored to identify and mitigate emerging risks, ensuring comprehensive coverage over financial operations, and significantly reducing financial discrepancies by 25%.
• Conduct in-depth financial audits using risk-based strategies, identifying key areas for improvement that contributed to strengthening the bank's financial integrity.
• Play a key role in refining audit standards and processes, directly contributing to a 20% increase in audit efficiency and quality. Led a team of four, elevating testing quality and accuracy, directly impacting the bank’s regulatory compliance and risk management posture.

Job Type: Full-time

Pay: $130,000.00 - $145,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience:

• Financial auditing: 7 years (Required)
• Banking: 5 years (Required)
• Regulatory Compliance: 7 years (Preferred)
• Risk management: 7 years (Preferred)

Language:

• Spanish (Required)

Ability to Commute:

• New York, NY 10001 (Required)

Ability to Relocate:

• New York, NY 10001: Relocate before starting work (Required)

Work Location: Hybrid remote in New York, NY 10001

Salary : $130,000 - $145,000