Job Summary

The Risk Advisory Services – Financial Services (“RAS-FS”) Senior Associate is responsible for providing risk consulting and issues resolution to financial services clients in the areas of internal audit, business process improvement/transformation, regulatory compliance, risk management, information technology, and/or Sarbanes-Oxley (“SOX”).  In this role, the RAS-FS Senior Associate participates in all stages of an internal audit and/or consulting engagement, and provides assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations regarding client risk management.
  
Job Duties

Acts as the primary day-to-day contact for clients regarding basic questions and information Develops and monitors budgets (budget-to-actual) for all assigned engagements  Conducts informational interviews, and facilitates meetings with clients during engagement process Obtains information, documents, and data from clients to support the completion of analysis and research of client issues Documents and analyzes client processes, risks, and controls, with guidance and direction from senior RAS-FS professionals Develops initial deliverables and/or solutions to client issues Reassesses risk and communicates with senior RAS-FS professionals and/or client, as necessary Assists with management of engagements to ensure engagement metrics are achieved Utilizes research tools, databases, and trade publications to develop an understanding of client’s industry Develops relationships with client personnel and management members Prepares formal and informal presentations for client meetings Partners with RAS-FS leadership to complete research and draft proposals and reports, as necessary Implements project plans Maintains the confidentiality of all documentation and work papers associated with client engagements Conducts risk assessment of assigned department or functional areas in established / required timelines, while overseeing staff Develops risk-based audit programs Determines the scope of a review in conjunction with the engagement manager Documents understanding of internal audit areas and identifies associated relevant risks and key controls Assesses internal control design and operational effectiveness  Conducts audit testing of specified area and identifies reportable issues and dimension of risk Determines compliance with appropriate legislation and/or audit policies and procedures Communicates findings to senior management, and drafts comprehensive report of audited area Ability to travel, as needed Other duties as required

Supervisory Responsibilities:

Supervises the day-to-day workload of RAS-FS Associates on assigned engagements, and reviews work product to ensure quality standards are met Ensures RAS-FS Associates are trained on all relevant audit and other software and engagement processes and procedures Delivers periodic performance feedback, and completes performance evaluations for RAS-FS Associates Acts as mentor to RAS-FS Associates, as appropriate

Qualifications, Knowledge, Skills and Abilities

Education:

Bachelor’s degree in Accounting, or Finance, required

Experience:

Four (4) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audit, consulting, compliance, and/or risk services, required Experience with internal controls, including Sarbanes-Oxley/FDICIA, flowcharts, documentation and testing of controls, required Experience with IT audit and SOX, with a focus on entity wide risk assessment, required Two (2) or more years of experience in performing internal audits of banking, asset management, brokerage, and/or other financial services activities as follows, preferred: Lending Activities (e.g., Consumer Loans/Commercial Loans/Portfolio Management/Problem Loan Management/ALLL) Treasury and Finance (e.g., Accounting & Controllers/Investments & Treasury/ALM/Liquidity Mgmt./Borrowing/Reg. Reporting) Core Regulatory Requirements (e.g., Consumer/Lending/Privacy/Operational/Compliance/Risk Management) Bank/Asset Management/Brokerage Operations (e.g., Branch Admin. & Retail Banking/Electronic Banking/Deposit Operations/Vendor Management/ERM/Trade Execution - Capture, Match, Settle, Reconcile and Report/New Client On-Boarding/Account Management) Human Resources (e.g., Payroll/Employee Benefits/Regulatory Compliance/Ethics Management/Training Program) Two (2) or more years of supervisory experience, preferred

License/Certifications:

CPA, CIA, CISA and/or CFSA, preferred

Software:

Proficient in the use of Microsoft Office Suite, specifically Excel, Word, and PowerPoint, required Experience with various IT audit applications and research tools, required

Language:

N/A

Other Knowledge, Skills & Abilities:

Solid understanding and capable of planning and coordinating the stages to perform an audit within a financial institution Knowledge of internal accounting controls, professional standards, and regulations within a financial institution Strong verbal and written communication skills Ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the Firm Ability to successfully multi-task while working independently and within a group environment Superior analytical and diagnostic skills  Able to work in a demanding, deadline driven environment with a focus on details, accuracy, and responsiveness Ability to adapt to rapidly changing environments successfully Solid organizational skills, especially the ability to meet project deadlines with a focus on details Effective management of  a team of professionals and ability to delegate work assignments as needed Build and maintain strong relationships with client personnel