Vice President-Internal Audit-Prime Brokerage

Title: Vice President-Internal Audit-Prime Brokerage

Office Status: NYC 3x a week in office

Salary: $175,000-$190,000 + 20% Bonus

A global investment bank that just launched a new joint venture with a prominent asset management firm is looking for a Vice President-Internal Audit-Prime Brokerage. The Auditor is expected to play a leadership role in the coverage of Prime Brokerage across various asset classes as well as the Listed Derivatives activities. The Vice President of Internal Audit-Prime Brokerage will be responsible for doing continuous monitoring and ongoing risk assessment of these groups and to lead/participate in audits in the areas above and be part of the pool that covers the broader scope of the team

Responsibilities

The AMER Markets, Risk and Finance team (MARK) coverage focus includes:

• Front to back coverage of Markets businesses including Equity Derivatives, Prime Services, Fixed Income and Structured Products.
• Five risk management stripes on the second line of defense reporting to the CRO including Market Risk, Liquidity, Model, Counterparty and Operational Risk.
• Compliance teams that support Markets activities and selected rules and regulations related covering Markets activities.
• Coverage for regional Finance function reporting into the local CFO.

Primary responsibilities will include, but not limited to:

• Working independently and responsibly on assigned tasks
• Actively participating in all stages of the audit process: planning, testing, report drafting, and recommendation follow-up
• Participating or leading periodic continuous monitoring meetings and annual risk assessments
• Effectively communicating with auditees, developing a good relationship, anticipating and understanding any potential issues, and timely escalating when there is an issue
• Analyzing assigned business processes, procedures, risks; and evaluating the internal controls to facilitate adopting a risk-based approach
• Preparing high quality workpapers that support any findings and conclusions
• Participating in department wide transformation projects, actively contributing to the changes and demonstrating readiness and willingness to apply the changes

Competencies:

• Highly motivated and committed to lead and progress, willingness and readiness to provide help/support whenever needed
• Excellent written / verbal communication skills, able develop professional relationships
• Demonstrates curiosity and enthusiasm for learning and self-development with a focus on growing within the Prime Services, futures and listed options space in an Internal Audit capacity.