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Audit Management - Associate

Job Description
This incumbent will implement and evaluate the Bank’s audit strategy and program; and provide support to the Audit Management team lead regarding coordination with Bank’s head office.

Job Responsibilities

·        Head Office Compliance & Audits:
o  Prepare quarterly audit management reports to Bank’s head office, U.S Risk Management Committee, and NY senior management
·        Operations Management:
o  Review and update departmental procedures as directed
o  Review the audit entity risk assessment
o  Assist in drafting audit planning tasks based on U.S regulator and head office’s requirements
o  Perform audits by executing approved audit programs. Prepare summary of audit findings and recommendations. Draft audit reports. Communicate audit findings to the auditee. Summarize issues in the audit issues database.
o  Collect, understand and organize applicable laws and regulations regarding banking industry compliance for departmental internal training

Job Requirements
·        Bachelor’s degree required. Master’s degree is a plus but not required
·        2 - 3 years of related experience and/or training, or equivalent combination of education and experience
·        Knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulation; knowledge of risk governance frameworks; compliance knowledge
·        Knowledge of internal audit professional practices, risk and controls, policies and U.S banking regulations
·        CPA or Audit Certification or CAMS is a plus
·        Excellent communication and interpersonal skills
·        Bilingual proficiency in English and Mandarin Chinese (both speaking and writing) required