Risk Audit Associate (Hybrid) - Banking & Finance

SMBC Group; Charlotte (NC); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Accommodations available

Job summary

SMBC Group seeks an experienced Risk (Financial and Non-Financial) Audit Associate to join the Internal Audit Department, performing audits across a range of complexities in line with IIA standards and IAD policies.

The role requires at least three years in banking/finance or consulting with knowledge of controls, risk management, and regulatory requirements, plus excellent communication to stakeholders.

Qualifications

• Minimum of three years of experience in the banking and finance industry or consulting companies, preferably in the second and/or third line of defense roles for financial or non-financial risk.
• Working knowledge of banking / capital markets products.
• Understanding of applicable regulatory requirements, supervisory guidance, and industry standards relevant to financial and non-financial risk.
• Understanding of audit techniques, internal controls, and workpaper standards.
• Excellent communication, presentation and interpersonal skills including the ability to interact effectively at all levels within the organization.
• Bachelor’s Degree in Accounting, Finance, or related field.

Responsibilities

• Participate in risk audits from inception to completion including planning, testing, issue identification, workpaper review, and reporting.
• Assess the design and operating effectiveness of controls supporting operational risk, credit risk, liquidity risk and other financial and non-financial risk management frameworks.
• Effectively communicate with stakeholders and audit senior management to clearly articulate audit strategy, testing results, and corrective measures.
• As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities.
• Participate in quarterly and annual continuous monitoring and risk assessment processes to identify business trends and changes in the business risk profile.
• As needed, assist with special projects related to business process improvements or departmental strategic initiatives.
• Track and validate closure of issues raised by the department and regulators.
• Develop, promote, and maintain collaborative and strong working relationships with business management, risk management functions, external auditors, and regulators.

Skills

Banking & Finance Experience

Risk Management

Audit Techniques

Regulatory Knowledge

Communication Skills

Education

Bachelor’s Degree in Accounting or Finance

Job description

SMBC Group seeks an experienced Risk (Financial and Non-Financial) Audit Associate to join the Internal Audit Department, performing audits across a range of complexities in line with IIA standards and IAD policies.

The role requires at least three years in banking/finance or consulting with knowledge of controls, risk management, and regulatory requirements, plus excellent communication to stakeholders.