Senior Audit Manager - Markets and Investment Management

Permanent contract|New York|Audit

Senior Audit Manager - Markets and Investment Management

New York, United States Permanent contract Audit

Responsibilities

SGIAA Department is looking to complement the team with driven individuals, who enjoy working in a fast-paced environment, are innovative and prepared to generate new ideas and “go the extra-mile” in achieving a common goal. Joining SGIAA will give you a unique opportunity to not only work on audit missions, but also to participate in department-wide projects aimed at transforming the team to the best in class. For those who succeed, future opportunities include career growth within/outside department, including international mobility.



TASKS AND RESPONSIBILITIES



The Audit Director is a supervisory role, in the Markets and Investment Management Audit Team. The group has three mandates: i) cover the Markets & Investment Management businesses from Front to Back in the Americas; ii) cover Risk management teams (second line of defense) focused on four risk stripes namely Market, Counterparty, Model and Liquidity Risk; and iii) cover Compliance to markets related regulations related to these businesses.



The Director is expected to act as a subject matter expert in Risk, have strong leadership and management skills, with experience in audit techniques and in-depth knowledge of certain specialized areas. His/her primary responsibility is to devise audit strategy; supervise the audit work in the region through human resource management and talent development; effectively communicate with internal and external parties; implement department initiatives and process improvements.



Additional responsibilities will include, but not limited to:

  • Providing operational supervision of several audit missions, includes ensuring the missions are executed as per budget and deadlines, reviewing the audit reports, and ensuring that recommendations are properly identified, followed up and implemented

  • Performing risk assessments, propose audit plan / missions, ensure continued coordination with external auditors to share areas of risks with them and include their results in the audit works and provide professional conclusions on the risks' evaluation

  • Participating in continuous monitoring programs, understanding the ongoing changes in external environment related to the whole banking industry and the company and evaluating the impact of changes on the company and on internal audit function

  • Leading department wide transformation projects and actively contributing, communicating and implementing the changes, and supporting others through the process

  • Dedicating time and effort into developing team members by effectively delegating and involving team members in a range of assignments/tasks, setting measurable goals, providing guidance and valuable feedback; coaching and sharing knowledge and best practices; identifying and developing competencies and talents and motivating the team 


SUPERVISION DUTIES
(REQUIRED):

  • Manage professional level employees holding the titles of Analyst, Associate, Vice President and Director

  • Discretionary day-to-day decision making and functions at a managerial level

Profile required

SKILLS AND EXPERIENCE (REQUIRED)

Technical Skills:

  • Strong audit and or risk management knowledge of one or more of the four risk stipes in scope (Model, Market, Counterparty and Liquidity) with good knowledge of all of all them.

  • Strong understanding of US regulatory framework applicable to these risk stipes including but not limited to SR 10-6, SR 11-7, SR 11-10, SR 12-7, Reg YY, Volcker Rule, 17 CFR § 1.11, 17 CFR § 23.600.

  • Strong knowledge of products and related risk management processes relevant to the assigned perimeter of responsibility

  • Proven ability to use these skills to help plan or execute audits and or projects using a risk-based approach (e.g., identify key risks and control points and suggest approaches for testing/sampling) 



Competencies:

  • Highly motivated and committed to lead and progress; shows initiative, integrity, and creativity

  • Demonstrates quick decision making and action planning abilities, taking full accountability for the actions and decisions

  • Demonstrates strong organizational/project management skills, able to establish goals, priorities, and realistic plans that maximize use of available resources; able to meet all deadlines; able effectively delegate, make decisions, solve difficulties and timely escalate issues

  • Demonstrates an ability to see the bigger picture when assessing the control environment and communicating with management

  • Ability to foster and grow team spirit

  • Demonstrates openness to new ideas; able to propose and actively initiate process improvement

  • Demonstrates a high level of written and oral communication skills through audit reports, meetings and presentations

  • Demonstrates strong analytical skills, able utilize data analytics tools to extract and analyze data

  • Ability to manage a team of auditors, maintain effective relationships (with auditees, other managers) and facilitate conflict resolution

  • Able to maintain effective relationships with auditees and audit counterparts and facilitates conflict resolution



EDUCATION/PRIOR EXPERIENCE

Required:

  • 10+ years of experience in corporate/investment bank on capital markets activity, in risk management and or in front line markets/investment management

  • Significant experience in Internal Audit, familiarity with IIA standards  

  • Masters or PhD degree in a quantitative field as well as education in Business, Accounting, Finance, Economics or other relevant business topic

  • Experience with managing a team

 

Plus:

  • Certifications: CFA, FRM, CIA

  • Languages (Other than English): French

Business insight

The Inspection and Group Audit Division (IGAD) represents Societe Generale’s independent internal audit function, comprised of over 1200 professionals covering SG’s global businesses and services in over 80 countries. The SG Internal Audit Americas (SGIAA) Department within IGAD is a group of about 70 professionals, based in New York, New Jersey, and Sao Paulo, who are responsible for assessing SG’s multiple businesses in the Americas region.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 20000NXB
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2020/12/07
Publication date: 2020/10/28
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