Lead Principal Auditor - Credit Risk
Robert Walters - New York City, NY
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Job Title Lead Principal Auditor - Credit RiskCorporate Title Vice PresidentLocation New York, NYOverviewThe Group Audit (GA) function comprises c. 700 staff who take a proactive, risk based and independent approach to assist the Bank's business and infrastructure functions to identify key control weaknesses. GA prides itself in ensuring the highest standard in professional delivery. Being The Bank's "˜third line of defense' GA have a high internal profile, acting as an independent and forward-looking challenger and adviser to Senior Management. We are strongly relied upon by the Regulators. We are a diverse and inclusive global division where culture is at the core of our team dynamic; GA is inextricably linked to promoting strong corporate and ethical governance, a philosophy that it is the responsibility of each, and every Professional employed within The Bank; GA is about trust, excellence, people, and performance.What We Offer YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You'll DoThe Lead Principal Auditor typically leads highly complex audits of a specific business/functional area/region, and evaluates the adequacy and effectiveness of internal controls relating to risks within those business areasSupport the PAM in managing a portfolio of audits and will actively contribute to global audit initiativesIn addition to audit related tasks, the Lead Principal Auditor can take over responsibility from the PAM to direct and coach/develop auditors but will not directly have team management responsibilityProactively develop and maintain professional consultative working relationships with the internal Audit function, clients and respective support areas and will use a range of approaches to collect relevant information to assess key risks, resolve major issues or carry out tasks across a portfolioRepresent the division at committees and forums, both internally and externally. The Lead Principal Auditor can lead discussions with regulatorsFacilitate the tracking of and validating closure of internal audit issues and regulatory findings. Perform business monitoring and risk assessments enabling the prioritization of audit deliveryHow You'll LeadExperience in coaching and developing junior staffAct as the escalation point between your team and the Credit Risk Management stakeholders during audit delivery or finding validationAbility to have challenging conversations with members of your audit team and identifying any skill gapsSkills You'll NeedSubject Matter Expertise (SME) within Credit Risk required (SME within Market and Model Risk is a plus); experience in managing audit staff to deliver timely audit completionSomeone with an inquisitive mindset who isn't afraid to ask questions until the process is understoodAbility and willingness to work in a high-pressure environment and deliver under tight deadlines. Ability to project manage your time and that of others to ensure audit completionTeam working capabilities and the ability to build strong business and team relationshipsUndergraduate or equivalent degree required; advanced degrees and relevant professional certifications preferred but not requiredSkills That Will Help You ExcelExperience with People Managing skillsExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York City office in accordance with the Bank's hybrid working model.The Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Created: 2025-01-07