Senior Audit Manager

HSBC; New York (NY); On-site; USD 140,000 - 207,000; Full time

Benefits offered by this job

Comprehensive Total Reward Package

Competitive fixed pay

Health and well-being benefits

Job summary

A leading global banking and financial services organization is looking for an experienced professional to lead audits in the Market and Security Services Audit Team. This role requires a minimum of 8 years' experience in risk or control roles, ideally with expertise in global markets. The candidate will manage complex audits and engage with senior stakeholders. Competitive compensation in the range of $140,000 to $207,000 is offered, along with comprehensive benefits.

Qualifications

• Minimum of 8 years' experience in risk or control roles.
• Expertise in global markets risks and practices.
• Relevant certifications or industry accreditations are a plus.

Responsibilities

• Lead multi-site audits of MSS businesses.
• Manage all stages of the audit lifecycle.
• Influence governance and control framework improvements.

Skills

Risk management

Control frameworks

Analytical thinking

Team collaboration

Communication

Education

Bachelor's degree in finance, accounting, statistics, or similar

Master's degree is a plus

Job description

Overview

Market and Security Services (MSS) Audit Team is part of the CIB Audit team, focusing on traded markets activities across products such as interest rates, treasury/money markets, options, swaps, derivatives, FX, commodities, equities, fixed income, and related support functions. The team also covers Global Research to provide research and analysis to investors worldwide.

HSBC targets a pay range between $140,000.00 and $207,000.00 for this role. The final fixed pay offer will depend on the candidate and multiple factors including role responsibilities, skills, experience, credentials, licensing/certification requirements, internal relativity, and location.

Responsibilities

• Lead multi-site and large single-site front-to-back audits of MSS businesses and manage all stages of the audit lifecycle: announcement, planning, fieldwork, testing, documentation and review, issue writing and agreement, report delivery, post-report issue validation, and ongoing stakeholder engagement.
• Lead a team of auditors, role-modelting and fostering an open, collaborative working culture.
• Contribute to Global Internal Audit development by collaborating with other teams and exploring data analytics, agile techniques, and other innovations to improve delivery.
• Possess subject matter expertise in Global Markets products and related processes and controls across asset classes and support functions (market risk, liquidity risk, finance, operations, surveillance, regulatory compliance, etc.).
• Demonstrate knowledge of key regulatory requirements impacting Global Markets activities.
• Influence governance and control framework improvements through a mix of point-in-time audits, continuous monitoring, and issue validation.
• Support a program of continuous monitoring for a defined portfolio via bilateral meetings with senior stakeholders, governance forums, risk analysis, and continuous monitoring reporting.
• Maintain and enhance stakeholder relationships through regular meetings, challenging risk discussions, and staying informed of business, regulatory, and industry developments.

Qualifications

External

You’ll likely have the following qualifications to succeed in this role:

• Minimum of 8 years’ experience in risk or control roles within any of the 3 lines of defence (e.g., Product Control/Finance, Market Risk, Regulatory Compliance, Front Office, Markets Operations, Model Risk, Counterparty Credit Risk, Markets Surveillance, Internal Audit, etc.).
• Minimum of a bachelor’s degree in finance, accounting, statistics, economics, banking, business or similar with a focus on capital markets and investment management; master’s degree is a plus.
• Expertise in global markets risks, processes and controls front-to-back; strong managerial and communication skills with ability to present to senior stakeholders.
• Commitment to continuous learning and people development, including peer-coaching and contributing to training.
• Ability to manage multiple priorities and align them with the function’s goals.
• Analytical thinker with the ability to approach unfamiliar areas methodically.
• Team-oriented, with a desire to help the team achieve objectives.
• Relevant certifications or industry accreditations (e.g., CIA, CFA, SISA) are a plus.
• Experience with data analytics is a plus.

In compliance with applicable laws, HSBC is committed to employing only those authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not sponsor immigration for this position.

Compensation and Benefits

HSBC offers a comprehensive Total Reward Package including a competitive fixed pay and discretionary variable pay, plus benefits designed to support health, well-being, finances, and lifestyle. The details of benefits and total rewards may vary by location.

Legal and Equal Opportunity

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran status, religion, sex, gender, pregnancy, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression, or any other trait protected by applicable law.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing