Bank Clearing and Settlement Senior Auditor

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry. Job Description: Bank Clearing and Settlement Senior Auditor Crowe is looking for a detail-oriented individual to join our fast-paced Financial Crime Compliance team. When you become a part of our Financial Crime team, you will work with a broad array of professionals who take pride in providing cutting edge industry AML and regulatory best practices with the goal of assisting clients administering a sound and compliant AML risk management environment. This role is responsible for leading client engagements, assessing the effectiveness of their clearing and settlement processes, and ensuring compliance with regulatory requirements. The Senior Auditor will work with various clients to identify operational risks, evaluate internal controls, and provide recommendations for process improvements. The position requires in-depth knowledge of banking systems, clearinghouses, payment platforms, and associated financial and regulatory risks. Job expectations include: Managing multiple teams and workstreams and providing performance feedback to all members of those teams Design and execute audit plans to assess clearing and settlement processes, including transaction processing, reconciliations, payment systems (ACH, SWIFT, FedWire), and securities settlement. Ensure audits cover key risk areas and compliance with industry regulations. Advise clients on compliance with relevant banking regulations (e.g., Federal Reserve, OCC, SEC, FINRA) and standards, such as real-time gross settlement (RTGS) and systemic risk regulations. Ensure clients meet requirements around systemically important financial market infrastructures. Developing relationships with a variety of clients Anticipating and addressing client concerns and resolving problems as they arise Promoting new ideas and business solutions that result in extended services to existing clients Serving as a career coach and mentor for new staff Required Qualifications for Role as Financial Crime Manager: Bachelor's Degree Advanced verbal and written communication skills Certified Anti-Money Laundering Specialists (CAMS), Certified Internal Auditor (CIA), Certified Information Systems Analyst (CISA), Certified Regulatory Compliance Manager (CRCM) or other relevant professional certification 5+ years' experience in leading or facilitating AML/BSA reviews, consulting/advisory services and/or internal audit/compliance reviews at globally diversified financial services organizations, with a specific focus on clearing and settlement processes for banks and financial institutions. Strong knowledge of clearing and settlement operations, including ACH, SWIFT, FedWire, and securities settlement. Prior financial services internal audit consulting or financial services third line internal audit experience Experience providing oversight and managing the development and testing process against remediation action plans Experience with second- or third-line control effectiveness testing against remediation action plans Effective project and time management, collaboration, and communication skill with all levels of the organization, including excellent organizational skills and experience monitoring deadlines and tracking documentation for timely submission to senior management and/or regulators. Experience identifying, assessing, challenging and overseeing the satisfactory resolution of issues, including ensuring adequate management of remediation plans and validation Ability to travel up to 5% if requested for project(s) Preferences: Demonstrated supervisory, management and/or team leadership experience, preferably in a consulting environment for all phases of an audit, inclusive of planning, conducting and documenting process walkthroughs, developing and executing test procedures and reporting of deliverables High proficiency with AML/BSA regulatory requirements for retail banking activities, products and services, inclusive of a high level of expertise in banking regulations, directives and guidance Experience in developing/reporting of KRIs/KPIs for consent order validations Experience submitting written or oral reports of audit results to senior management and audit committees including findings, analysis, conclusions and recommended actions Knowledge and practical use of statistical analytics and testing methods Experience working in a project environment with top 50 banks Experience working in a professional services or project-based environment We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Crowe, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $102,353.00 to $204,060.00 per year. Our Benefits: Your exceptional people experience starts here. At Crowe, we know that great people are what makes a great firm. We care about our people and offer employees a comprehensive total rewards package. Learn more about what working at Crowe can mean for you! How You Can Grow: We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper! More about Crowe: Crowe ( is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, sexual orientation, gender identity or expression, genetics, national origin, disability or protected veteran status, or any other characteristic protected by federal, state or local laws. Crowe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance and San Francisco Fair Chance Ordinance.

Created: 2024-11-02