Regulatory Closure Verification and support
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Job Location:
New York City, NY - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Reg W - Regulatory Closure Verification and support for Action Plans in Internal Audit (2 onsite roles)
Location: NYC (Preferred) Baltimore or Remote (Secondary)
Experience (in years): 10 years in Regulatory audit for large U.S. banks (JPM Morgan Stanley Citi etc.) or International Financial Institutions (HSBC Barclays UBS DB etc.)
Location: NYC (Preferred) Baltimore or Remote (Secondary)
Experience (in years): 10 years in Regulatory audit for large U.S. banks (JPM Morgan Stanley Citi etc.) or International Financial Institutions (HSBC Barclays UBS DB etc.)
Summary:
Looking for a team of 2 skilled audit SMEs experienced in Reg W related regulations to monitor transactions of affiliates or subsidiaries
Scope and Deliverables:
Perform initial review and control design walkthroughs to identify and document key
processes risks and controls
Assist with preparing the Initial Review Memo and Design Review Memos
Develop execute and document control design testing related to the process
design and controls design
Develop execute and document control operating effectiveness testing related to
the controls implementation and execution
Meet with employees and contractors to comprehend policies processes and
controls
Report the outcome of meetings and discussions to the Authorized Senior Leaders
in Internal Audit group
Employees
Review and validate evidence to determine the effectiveness of controls
Submit design and operating effectiveness testing conclusion workpapers
Finalize closure verification testing results for the team to review and upload to
OpenPages
Scope and Deliverables:
Perform initial review and control design walkthroughs to identify and document key
processes risks and controls
Assist with preparing the Initial Review Memo and Design Review Memos
Develop execute and document control design testing related to the process
design and controls design
Develop execute and document control operating effectiveness testing related to
the controls implementation and execution
Meet with employees and contractors to comprehend policies processes and
controls
Report the outcome of meetings and discussions to the Authorized Senior Leaders
in Internal Audit group
Employees
Review and validate evidence to determine the effectiveness of controls
Submit design and operating effectiveness testing conclusion workpapers
Finalize closure verification testing results for the team to review and upload to
OpenPages
2. SKILLSETS REQUIRED for Support
Strong control mindset and ability to highlight significant controls
Experience in financial services particularly large US Banks
Knowledge of US Regulations Reg W preference
Experience in auditing Compliance / First Line / Finance functions
Can work independently
Strong project management skills
Strong analytical interpersonal communication and writing skills.
Data analytics experience (excel) (plus)
Strong control mindset and ability to highlight significant controls
Experience in financial services particularly large US Banks
Knowledge of US Regulations Reg W preference
Experience in auditing Compliance / First Line / Finance functions
Can work independently
Strong project management skills
Strong analytical interpersonal communication and writing skills.
Data analytics experience (excel) (plus)
Key Skills
- Account Management
- Apache Web Server
- Jpa
- ABAP
- Community Support
- Islamic Banking
