CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Our client, a leading International Bank are seeking a Managing Director or Executive Director to lead up the AML and Compliance audit team. The incumbent will be the Officer-in-Charge (OIC) on audit engagements and is responsible for managing the planning, execution, and reporting of assigned audits in accordance with department standards. In addition, you will be responsible for the overall audit plan and strategy over the AML / Compliance function in the U.S. The Director leads a team of auditors to assess the design and operational effectiveness of internal controls, adherence to regulatory requirements and Bank policies, and the efficiency and effectiveness of operations of AML/ATF and Sanctions Program and the Compliance Function in the U.S
Identify systemic and emerging issues and strategic changes planned/undertaken by the auditees that will impact the audit plan, including review of business/strategic plans, ns Program, review and attend periodic meetings with key management officers to understand changes and new business initiatives and review key performance indicators
Lead and direct the team to plan and execute audit projects consistent with the audit methodology and department standard
Maintain a thorough understanding of the business, risks and processes for assigned areas and provide effective guidance to the audit teams
Manage appropriately the prioritization of testing activities using a risk-based approach to ensure scope and extent of work is in accordance with the approved plan, timing and budget are reasonable, appropriate resources are assigned, risks are understood and the nature and extend of testing is adequate to support the audit findings and conclusions
Ensure internal control weaknesses are identified; errors are quantified as applicable, associated impact is defined, documented and reported, the identified issues are clearly understood and the appropriate actions are taken by management
Ensure audit reports are written to a consistent high standard of quality and are finalized / released within established metrics
Ensure audit findings are adequately documented in the Audit Issues Tracking Database.
Ensure Teammate working paper files are reviewed timely and the audit work is documented according to the established standards
Maintain effective communication with stakeholders including appropriate handling of conflicts and issue resolution
Provide advice and counsel on internal control design issues/changes with participation on stakeholders working groups as assigned
Coordinate work performed on behalf of the external auditors as assigned
Prepare applicable sections of the quarterly report and communicate this to the Audit Committee
Manage team performance, review direct reports' performance self-assessments, personal development plans and provide effective coaching
Manage the development of staff by providing direction and coaching; Dimensions
Leads audits of AML and Compliance in US, including projects in all US offices
Along with Chief Auditor, US Audit, manage the third line's relationship with all US regulatory bodies including federal and state regulatory bodies
Quarterly reporting to US Risk and Executive Committees, as well as input to overall Board Reporting
Responsible to lead 6-10 large projects per year, with teams of up to 5-6 people
Face of Audit to senior stakeholders in the US including the Head of AML/ATF and Head of Compliance
Basic Qualifications, General Skills and Experience:
13+ years in AML compliance, AML regulatory, AML audit or related experience
Expert knowledge of the Bank's BSA AML and Compliance framework, structure, programs, key regulations/regulators, and systems
Prior experience in an AML / Compliance Function or Regulator would be an asset - Knowledge of auditing techniques, tools, and software (e.g., Teammate)
Strong written and verbal communication including ability to present and negotiate audit findings to management
Be a self-starter / takes initiative, deals well with ambiguity, and detail oriented
Be highly proficient in the use of Excel and Visio
AML Certification (ACAMS) as applicable
For any more information please contact email@example.com or call +1 646 618-8863.