Manager of Audit Sr-Business Operations Job Listing at City National Bank in Los Angeles, CA (Job ID 10436-1)

Description

MANAGER OF AUDIT SR-BUSINESS OPERATIONS WHAT IS THE OPPORTUNITY? The Senior Manager of Audit for Business Operations will support City National Bank's Internal Audit by providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, Regulatory Compliance governance processes and the system of internal controls over the Bank's Deposit and Lending Operations and Servicing and Payment Operations. Position will also provide support to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit. The Senior Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities; along with Data Analytics to support continuous monitoring, leveraging the use of information analytics, business intelligence, data mining, and other technologies and tools. What you will do

• Audit and Assurance General Requirements: - Leads the planning, execution and evaluation of audit test plans for projects of medium to high complexity with a risk-based audit approach. - Assesses risks and controls, designs comprehensive audit programs, executes audit procedures, supervises and reviews the work of others, analyzes and synthesizes results of testing performed, effectively communicates results to senior management and audit leadership to affect change, and delivers well written audit reports and other forms of communication. - Manages resources assigned to engagements, and collaborates with other audit groups to effectively plan, integrate and execute audits. - Tracks and manages audit resources to meet the audit budget and audit plan mandates. - Assists with the development of the annual risk assessment and audit plan- Identifies, interprets and designs testing to adhere to regulatory requirements applicable to the area being audited. - Understands fraud, BSA/AML and general IT risks in order to identify and assess key control activities in business processes. - Assesses information security and privacy policies and procedures to identify weaknesses within the business process or activity being audited. - Leads and executes continuous monitoring activities periodically for the area assigned. - Gathers and evaluates information received from business units and other external/regulatory sources.- Ability to multi-task and work in a dynamically changing environment. - Complies fully with all Bank policies, procedures, audit methodologies, training and regulatory requirements.
• Ongoing Monitoring Activities: - Monitors outstanding issues to ensure management is on track for appropriate and timely remediation. - Performs issue validation for issues closed by line of business management. - Leads and performs continuous monitoring activity and seeks to identify data analytics opportunities to enhance or streamline existing continuous monitoring activities. - Stays abreast of changes in the business and regulatory environment and control environments in which City National Bank operates.
• Data Analytics and Technology: - Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools. - Execute basic analyses (e.g. descriptive) and create simple visualization using standard tools. - Develop requests for advanced analytics by providing detailed and clear questions to the Data Analytics team. - Applies advanced analytical techniques to test hypotheses and add insights into audit findings. - Understands concepts of data lineage and data stewardship in order to develop effective data analytics that provide the insights.
• Relationship Building and Client Experience:- Supports the Audit Director proactively in their ongoing monitoring and discussions with business management. - Continuously builds trusting relationships with Internal Audit peers and business management. - Acts as the key contact and responds to inquiries from business throughout the audit process. - Challenges others' thinking or approaches in a constructive manner. - Advises stakeholders on internal control and governance matters and conducts proactive and ongoing risk management discussions with business leaders. - Influences key stakeholders to gain buy-in, overcomes challenges and delivers on high priority initiatives, and draws conclusions or makes recommendations based on audit evidence that may involve ambiguity.
• Staff Performance and Mentoring: - Acts as a role model/mentor to more junior auditors and provides constructive feedback. - Enhances and maintains staff morale. - Prepares and conducts formal/informal training for less experienced staff members. - May participate in interviews and evaluations of new applicants.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 7+ years of audit experience in an internal audit role within the banking or financial services industry, or with an public accounting firm
• Minimum 3 years' experience leading audit teams with demonstrated ability to develop people

Skills and Knowledge

• Professional Designation (CIA, CPA, CISA, or other banking specific credentials) preferred
• Experience with Treasury Management Services is preferred.
• Sound knowledge and experience in integrated IT audits is preferred.
• Strong verbal and written communication skills to effectively present to peers and business management.
• Demonstrated negotiation and leadership skills needed to convey ideas and obtain management buy-in for constructive change.
• Effectively manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills.
• Strong understanding of internal auditing standards, COSO and risk assessment practices.
• Strong understanding of internal control concepts and application of such.
• Strong working knowledge of banking industry laws and regulations.
• Experience researching and interpreting regulatory requirements - e.g. OCC Heightened Standards, NACHA requirements, etc
• Experience in planning and juggling multiple projects with varying team members.
• Experience in coaching junior auditors.
• Familiar with data analytics, robotic process automation and artificial intelligence tools.
• Experience in use of data visualization and reporting - e.g. Tableau and/or Alteryx is a plus.

Compensation Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.' ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

 Apply on company website