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VP Audit Manager - Wholesale Credit Risk

  • Location:

    New York

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    US$150000 - US$175000 per annum + bonus

  • Contact:

    Jonathan Moran

  • Contact email:

    Jonathan.Moran@oliverjames.com

  • Job ref:

    JOB-092024-259003_1727194437

  • Published:

    11 days ago

  • Expiry date:

    2024-10-24

  • Startdate:

    asap

We are seeking a seasoned Vice President of Credit Risk Audit to join an established financial institution's Internal Audit team. This role is ideal for someone with extensive experience in audit project management, particularly within the credit risk space, and a deep understanding of wholesale banking. You will lead a team of subject matter experts and manage the full audit lifecycle, ensuring effective risk assessments and high-quality audit execution.

Key Responsibilities:

  • Lead audit engagements focused on credit risk and guide the team through all phases from planning to audit close.
  • Assess and manage risk within the context of an evolving regulatory landscape, ensuring adherence to audit standards and industry best practices.
  • Act as a key player in stakeholder management, collaborating effectively and providing informed, constructive feedback.
  • Conduct thorough reviews of audit staff outputs, ensuring all judgments on scope, risks, and findings are accurate.
  • Maintain up-to-date knowledge of relevant regulations impacting wholesale banking and credit risk, adjusting the audit plan as necessary.
  • Foster a high-performance team environment that encourages continuous improvement and development.

Qualifications:

  • 7+ years of experience in internal audit or credit risk management, with a focus on wholesale banking.
  • Comprehensive understanding of audit methodology, risk assessment, and audit execution.
  • Familiarity with key regulatory requirements for credit risk (e.g., SR 13-3, SR 11-10).
  • Proven ability to manage and deliver audits end-to-end, including regulatory validations.
  • Strong communication, analytical, and problem-solving skills.
  • Bachelor's degree required.

Compensation:

The company also offers a comprehensive benefits package, including health and wellness programs, retirement plans, and paid time off.

This is a unique opportunity to take on a senior leadership role in a critical audit function, helping shape the credit risk audit strategy within a dynamic and regulatory-driven environment.

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