1.Job description :
The Audit Project Leader is primarily responsible for overseeing audit execution and managing the audit pipeline. Operates as a team member or independently and has responsibility for specific procedures and results (i.
e., head of a project relating to an audit, audit project, or model auditor). Ensures testing (or other tasks as applicable to a specialty) is adequately thorough and accurate to allow an evaluation of the adherence to company policies and procedures, audit methodologies, and all applicable regulations.
Identifies existing and emerging risk / control themes. Contributes to Constructing Universe and development of the annual plan.
May manage and develop staff.May begin developing subject matter expertise (SME).Prepares documents and reports that are "client ready."
Primary Responsibilities :
Demonstrates understanding of businesses and processes through flowcharting, work papers, analysis, issue identification and discussions with project leaders and auditees on projects of varying complexity.
If the role requires a specialism the individual will work on projects of greater complexity that involve significant understanding of the regulatory regimes, business models and processes for each assignment.
Leverages advanced business knowledge or experience in order to practice strategic or systemic results. Able to query business clients and colleagues in Audit to understand the underlying processes and procedures necessary to evaluate the control risks.
Performs research independently and has adequate knowledge of statistical sampling and risk analysis to perform research with technical accuracy.
Engages in Continuous Monitoring activities.
Thinks beyond past routines about new issues or risks. Proficient with using statistical or modelling computing software if applicable.
Demonstrates skills through advanced analysis of business processes and issue identification, as well as discussions with the project leader, audit manager, and auditees.
Regularly applies project management methodologies to effectively oversee multiple projects / staff across multiple audits.
Able to clearly explain the audit process to clients (if appropriate), as well as any findings or results. Understands the sensitive nature of confidential information and uses it appropriately.
Elevates potential audit issues to the AIC as soon as they are identified.Has demonstrated ability to explain technical / complex issues to non-
technical audiences and applies logical, well-constructed arguments to persuade and influence others to adopt a new point of view.
Develops effective solutions to sophisticated problems involving specialism. In such cases, contributes highly technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues.
Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).
Follows up and validates sustainable resolution of issues on a timely basis. Identifies opportunities for the use of automation and actively takes part in advancing recommendations for software support requests.
No direct reports.Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.
May lead others on discrete projects or mentor team members.
Bachelor's degree or equivalent combination of education and work experience required. Degree in Accounting, Finance, or relevant critical thinking specialty such as MIS, DIS, Computer Science, Mathematics preferred.
Securities Finance / Lending; equities and fixed income trading (as agent and matched principal) ; FX, liquidity services are required for this position.
Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.