Audit Quality Assurance, Vice President
Audit Quality Assurance, Vice President
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Do you want your voice heard and your actions to count
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 120000 colleagues striving to make a difference for every client organization and community we serve. We stand for our values building long-term relationships serving society and fostering shared and sustainable growth for a better world.
With a vision to be the worlds most trusted financial group its part of our culture to put people first listen to new and diverse ideas and collaborate toward greater innovation speed and agility. This means investing in talent technologies and tools that empower you to own your career.
Join MUFG where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.Job Summary:
The Vice President Audit Quality Assurance & Improvement Program (QAIP) position is within the Global Internal Audit function reporting to a Quality Assurance Director. The position is responsible for execution of the QA plan and deliverables assessing departmental conformance with Audit Methodology and auditing standards and driving continuous improvement of processes procedures and quality throughout the audit department. The primary coverage areas for this role will be Risk Management Corporate Functions Business Line Functions and Operations.
Responsibilities:
Execute the quality assurance plan performing reviews of planning processes risk assessments audit execution audit issue validations and other/thematic topical reviews.
Maintain knowledge of audit quality assurance and improvement program and the audit portfolio including industry trends and best practices business risks control frameworks management strategy banking/regulatory practices; understand the business products systems and processes.
Continuously improve audit practices and methodology based on knowledge of best practices industry standards and regulations and present areas and opportunities for alignment.
Develop and execute QA testing programs designed to effectively assess the departments conformance with audit methodology industry standards and regulatory requirements.
Challenge audit teams on work performed including appropriateness of scope risks and controls identified risk ratings controls testing (design and operating effectiveness) sampling sustainability and conclusions.
Influence management to understand impact of QA findings and obtain agreement with limited management involvement.
Develop QA reports with the ability to contextualize findings to support rating and communicate improvement opportunities to the audit teams and audit management.
Perform ongoing monitoring of open QA issues escalate potential delays and appropriately validate the closure of action plans in line with procedures.
Partner with audit teams as a trusted advisor to support high quality work products
Proactively escalate potential issues impacting delivery and manage deliverables anticipating risks or challenges and evaluating alternatives/solutions.
Proactively communicate issues articulating the relevance of root causes across audit quality assurance reviews and anticipate emerging issues that impact the departments risk profile audit methodology and audit practices.
Act as a leader developing and promoting a workplace culture that values diversity of thought promotes integrity and creates an atmosphere that supports coaching and fosters accountability.
Qualifications:
Minimum of seven years of relevant internal audit experience in the financial services / banking industry
Strong understanding of risks and controls related to Risk Management Corporate Functions Business Line Functions and Operations.
Bachelors degree preferably in accounting finance or related business discipline at an accredited college or university. Advanced degrees are highly desirable.
Professional certifications such as the CIA CPA or CISA are highly desirable.
Strong understanding of audit practices methodology and global audit standards
Ability to influence stakeholders and challenge the status quo including managing conflicts and issue resolution
Strong written and verbal communication skills
Strong project management skills and ability to coordinate/integrate efforts across multiple groups within audit
The typical base pay range for this role is between $134K - $168K depending on job-related knowledge skills experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits retirement plans educational assistance and training programs income replacement for qualified employees with disabilities paid maternity and parental bonding leave and paid vacation sick days and holidays. For more information on our Total Rewards package please click the link below.
Highly motivated takes initiative / self-starter problem solver solution oriented
Required Experience:
Chief
Employment Type
Full-Time
