AVP Audit – Investment Banking

Location: New York, NY

Salary: Commensurate with experience

Major Investment Bank is seeking an additional AVP to support their Global Investment banking business. The firm is ideally looking for someone coming from a similar large investment bank or a large national CPA firm with banking clients:

Key Accountability

  • Support the audit teams on a day to day basis, working to ensure that audits deliverable are met as planned, with regards to scope, quality, and budget
  • Identify, assess and document risks/control objectives and controls
  • Discuss and agree the factual accuracy of audit issues with audit stakeholders while owning objective opinion and maintaining independence
  • Write high quality audit issues and support the Audit Owner in writing the report.
  • Provide constructive feedback and evaluation to team members for audit assignments including upward feedback.
  • Continue to update awareness of risk issues and changes across relevant business units and support the audit team in using this knowledge to amend audit approach where necessary
  • Own and drive personal learning to support achievement of career aspirations

Stakeholder Management and Leadership

  • Build trusting and open relationships with audit clients on each audit and develop ongoing relationships with key clients in aligned business area.
  • Develop a wide network of contacts across the business to identify and work towards common goals
  • Work effectively with other BIA specialist teams (e.g., Risk, Finance, Regulatory and Compliance, IT)
  • Foster an environment to encourage knowledge sharing, asking questions and sharing viewpoints with BIA colleagues and peers in the business

Decision-making and Problem Solving

  • Make decision on a broad range of factors, with company values at heart.
  • Propose and add input on audit scope decisions to ensure that relevant risks and controls have been identified and accurately assessed
  • Make sound rationale to be able to support stakeholders with identifying risk mitigation resolutions and solutions for control issues identified
  • Be creative and commercial using a variety of methods and solutions to address the root cause of the problem (e.g., audit issues identified are appropriately prioritized for impact, root causes are appropriately understood and documented) in coordination with the Audit Owner.