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Audit and Inspections Director
Money Mart Financial
Malvern, PA, United States
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What do you do?
The Audit and Inspections Director is responsible for governance and oversight of compliance-related audit and inspections activities and the establishment of firm-wide minimum audit and inspections standards. The Audit and Inspections Director will lead a team that will focus delivery of a risk-based internal audit plan as well as a continuous monitoring & testing plan, where applicable, to audit, test and report on the effectiveness of controls. The Audit and Inspections Director will report directly to the Chief Compliance Officer.
What do we need?
• You to have an amazing personality and communication style.
• That you are super-organized and are a problem solver.
• That you take pride in everything that you do, and it shows.
• And most importantly that you have unquestionable integrity.
Why work for us?
• We invest in our employees, and offer extensive training, and development programs to set you up for future success.
Job Description
• Manage a team of audit and inspections staff across different time-zones and regions and demonstrate strong ability to multitask
• Identify opportunities to evolve monitoring and testing through data-driven techniques and automation
• Advance documentation standards for use of data analytics in testing
• Conduct information gathering sessions with business and or control function senior management and support staff
• Develop and execute risk-based testing programs covering key risks, controls, processes, and specific test steps for each area of review
• Develop risk-based scenarios in test scoping and leveraging data analytics as appropriate
• Communicate and escalate test results, including issues and approved action plans to Compliance management and the business and or control function being tested
• Develop regional and global testing programs across different core productsin accordance with established standards, demonstrating the ability to work independently from start to completion.
• Prepare test reports for completed reviews in line with the testing standards (e.g., reconcile to test work performed)
• Review test work papers and test reports completed by junior staff to ensure conclusions, issues, action plans, and work paper documentation are accurate, complete, and consistent with testing standards
• Maintain awareness of current industry rules, regulations and best practices to ensure that the testing program meets regulatory standards
• Design and implement monitoring, testing and reporting of business activities and internal controls related to AML including, but not limited to CTR Reporting; SAR investigations and reporting; OFAC Screening, and AML-related inquiries from third-party partners such as Well Fargo.
• Monitor and review regulatory and legislative changes and adapt the audit and inspections plan to meet regulatory expectations
• Steer the delivery of a risk based internal audit (Financial, Operational or Compliance based) plan in line with business and external audit standards, where applicable. Responsible for leading and developing the Corporate Audit team that are expected to deliver board range of internal audits and operate as a business partner.
• Review, investigate and report on financial crimes and all fraud loss incidents for the following incident types including: Check fraud, Loan fraud, Online Fraud and Card Fraud
Qualifications
Education
• Bachelor's in Accounting or Finance preferred
Experience
• More than seven years of relevant experience in audit and/or monitoring and testing and a strong understanding of consumer protection regulations in both the US and Canada
• Awareness of current laws, rules, and regulations
• Solutions oriented and willingness to constantly evolve and adapt the audit and inspections to the changing needs of the business and its regulatory environment
• Strong client-relations skills and ability to partner with business and control functions to develop practical business solutions that comply with applicable laws and regulations
• Capable of researching and resolving issues independently
• Facility with various PC, MS Office and internet applications
• Strong analytical thinking and critical reasoning skills
• Ability to thrive in a fast-paced environment and successfully meet deadlines
• Self-motivated, independent, effective time manager
• Strong inter-personal, verbal, and written communications skills; capacity to convey a confident, professional, and positive attitude.
• Consistently complete work on time without compromising quality
• Hold self and others accountable for demonstrating the highest ethical standards.
• Dedicated to continuous learning and development of one’s own skills, including technical, business, inter-personal, written, and informal verbal communication.
• Set and measure performance of annual personal and professional goals
Desired Skills
• Knowledge of data analytics, manipulation techniques and hands-on experience working with large volumes of data.
• Financial services experience strongly preferred
• Compliance-related Monitoring and Testing experience
• Accounting or professional audit qualifications preferred, but not required (CPA/CA, CIA, CISA).
• AML experience
Additional Information
Benefits
• Medical / Dental/ Vision benefits available after 30 days of employment
• Company paid life insurance
• Paid holidays
• PTO/ 401K / Tuition Reimbursement
• On-site wellness center
All your information will be kept confidential according to EEO guidelines.