Job Description:
Job Description:
and activities across the CFO – U.S. Regulatory Reporting organization, which includes governance, interpretation of report instructions, production and submission of OCC/FRB/FDIC U.S. regulatory reports (e.g.FR Y-14,FR Y-9C,FFIEC 009, FR Y-15, FFIEC 031), and substantive end-to-end testing of data from the reports through data transformations to data capture. The role also has a significant focus on leading testing around data capture and data usage controls.
Responsibilities:
Key Responsibilities:
- Performs ongoing risk assessments to identify key risks impacting regulatory reports and contributes to the building and maintaining the audit plan to mitigate those risks
- Develops and enhances the overall multi-year strategy for auditing U.S. regulatory reports and coverage of the CFO Attestation for the FR Y-14 reports
- Performs scoping for individual regulatory report audits by risk assessing individual sub-schedules, line items, and attributes; and designing a comprehensive audit approach to execute controls testing and substantive end-to-end testing from the report to data capture
- Leads the execution of multiple regulatory reporting audits, and ensures that audit reports address key risks, are impactful, insightful, timely, error free, and concise
- Reviews workpapers and drafts audit reports
- Monitors the progress of regulatory and internal audit issue validation
- Manages a POD of associates or audit teams
- Stays abreast of regulatory developments, emerging risks, and report/instruction changes; contributes to calibration of the plan
- Provides technical training to the team on regulatory reporting subject matter
Skills:
- Strong critical thinking and communication skills
- Very organized with attention to detail
- Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
- Proven track record of executing multiple projects and delivering high quality work to meet tight deadlines
- Strong interpersonal skills and effective communicator, both orally and in writing.
- Ability to lead, coach, and mentor a POD of junior team members and influence their careers
- Ability to build a strong rapport with line of business management and provide impact without impairing independence
- Ability to draft high quality audit reports and communicate issues to line of business management
- Strong interpersonal skills and effective communicator, both orally and in writing.
Required Qualifications
- Greater than 10 years’ experience in a related role
- BA/BS or equivalent work experience
- Specific subject matter expertise in audit and/or the financial services industry
- Ability to manage audit projects within a risk based audit methodology and provide coaching and training to junior associates within the team
- Experience leading and developing teammates
- Experience engaging in executive level discussions with senior management that is impactful
- Solid understanding of internal audit processes and methodology requirements
- Sound organizational, analytical, oral and written communication skills
- Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility
- Ability to work in a very detailed manner and manage multiple projects effectively.
Desired Qualifications
- CPA, CIA, CISA or similar
- Recommended subject matter expertise in U.S. regulatory reporting (e.g. Y-14, Y-9C, 009, Y-15, 031), broker dealer reporting or SEC financial reporting (10K/10Q)
- Experiencing in performing end-to-end substantive testing of data elements and transactions from financial statements or regulatory reports to data capture/source documentation
- Experiencing in evaluating the design effectiveness of internal controls across the data lifecycle of a large Corporation that includeds providing effective challenge to management, and executing operating effectiveness testing of data capture, data transport, and entity-level controls
- Big 4 background a plus, including in external audit or consulting
- Experience in evaluating workflows/ systems/ data mining
- Experience with production of U.S. Regulatory Reports
1st shift (United States of America)