Lead Auditor, Vice President - Regulatory Compliance

Crédit Agricole CIB; New York (NY); On-site; USD 150,000 - 185,000; Full time

Job summary

Crédit Agricole CIB in New York is seeking a Lead Auditor to conduct corporate regulatory compliance audits from planning to final report. You will assess risks, validate controls, supervise a team of auditors, and ensure timely, comprehensive deliverables with oversight from the Local Head of Audit or Audit Supervisor.

You will lead assignments focused on regulatory compliance, validate action plans, and coordinate with stakeholders to finalize reports and ensure follow-up on corrective actions.

Responsibilities

• Assess the risks of the audited activities and validate the related control environment for its design and operating effectiveness
• Review and challenge the processes and controls in view of their purpose and mandates and the related risks
• Verify the audited unit’s compliance with internal policies, procedures, laws and regulations
• Monitor fieldwork and adjust audit scope to identified risks
• Maintain communication with the IGE and stakeholders on audit progress within set timeframes
• Escalate major control weaknesses to the Audit Manager/Regional Supervisor/Head of Local Audit as required
• Manage interviews and debriefing meetings with Management affected by the audit
• Finalize responses to draft audit reports with Management and prepare final publication
• Document and memorialize audit deliverables per IGE/IGL methodologies and Audit Charter
• Monitor and maintain assigned Auditable Objects for coverage

Job description

Summary

The Lead Auditor conducts audit assignments primarily in 2nd line corporate regulatory compliance from planning to issuance of the final report. This includes an assessment of the audited activity, the performance of tests, analysis and controls and the issuance of recommendations. He/she is responsible for the timeliness and comprehensiveness of the audit deliverables under the supervision of the Local Head of Audit or an Audit Supervisor. He/She is accountable for maintaining open communication with stakeholders, and drafting the management debriefing presentation and final report. He/she usually leads a team of several auditors. In most audits he/she also executes control sections of the audit. He/she generally, but not exclusively, leads audit assignments that have a focus corporate compliance and regulatory requirements. He/she provides support to other IGE Managers for assignments where regulatory compliance expertise is needed. He/she monitors and validates the implementation of recommended corrective actions identified in audit or regulatory coverage.

Key Responsibilities

II - Conduct of assignment

The Lead Auditor conducts audit assignments from planning to issuance of the final report. This includes the following responsibilities:

• Assess the risks of the audited activities and to validate the related control environment for its design and operating effectiveness


• Review and challenge the processes and controls in view of their respective purpose and mandates as well as the related risks, relying on fact based and documented audit works


• Verify the audited unit’s compliance with internal policies and procedures and the applicable laws and regulations


• Monitor the fieldwork carried out by the team and to adjust the fields of audit to the risks identified,


• Maintain close communication with the IGE and stakeholder management on audit progress following the pre-set timeframe


• Notify immediately the Audit Manager / Regional Supervisor / Head of Local Audit of any major control weaknesses (reputational, regulatory, compliance, etc.) identified during the audit review and comply with any escalation policy in the bank


• Manage and organize interviews, debriefing meetings of conclusions with Management impacted by the audit


• Follow up, review and finalize with Management on response to the draft audit report and prepare for the final audit report publication


• Document, communicate, and memorialize audit deliverables are in adherence to the IGE/IGL Methodologies as per the Audit Charter


• Monitor and maintain assigned Auditable Objects (AO) pertaining to the assigned areas of coverage

Salary Range: $150k-$185k

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