Senior Audit Manager

East West Bank; Pasadena, Kokomo (CA, IN); On-site; USD 170,000 - 180,000; Full time

Job summary

An established industry player is seeking a Senior Audit Manager to lead their Internal Audit Department. This role involves conducting audits of banking and treasury operations, ensuring compliance with regulations, and enhancing internal controls. The ideal candidate will possess strong analytical skills, a collaborative spirit, and the ability to communicate effectively across departments. Join a dynamic team where your expertise will contribute to the bank's commitment to integrity and excellence. This is a unique opportunity to make a significant impact in a top-performing commercial bank while enjoying a competitive compensation package.

Qualifications

• 5-7 years of internal audit experience in financial services required.
• Knowledge of treasury functions and financial products is essential.

Responsibilities

• Lead audits and prepare comprehensive audit reports for treasury operations.
• Collaborate with departments to ensure effective risk management.

Skills

Banking & Treasury Operations Audit

Internal Controls

Risk Assessments

Project Management

Communication Skills

Critical Thinking

Problem-Solving

Education

Bachelor's Degree

Master's Degree

CPA Certification

CIA Certification

Tools

Audit Software

Financial Analysis Tools

Job description

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

We are seeking a Senior Audit Manager for our Internal Audit Department.

Responsibilities

1. Have experience in banking & treasury operations audit, including asset liability management, liquidity, capital plan, funding and investment management.
2. Have expert knowledge of internal controls, auditing methodologies and techniques, and risk assessments.
3. Keep abreast of legislative issues, new audit regulations/trends and other changes in the industry environment; readily identify how such changes affect the department and the bank’s control environment.
4. Conduct risk assessment of assigned department or functional area in established/required timeline; and assist in developing the draft annual Audit Plan.
5. Lead Treasury audits, prepare Audit Programs to ensure the program is risk-based, the test steps are adequately defined and key inherent risks are identified in the Program.
6. Prepare neat, concise, appropriately referenced and easy-to-follow working papers that support the procedures performed, conclusions drawn and recommendations made.
7. Prepare audit reports on internal control deficiencies and recommend improvements; ensuring clarity, conciseness and issuance in a timely manner.
8. Possess project management skills to effectively organize/prioritize tasks to meet established deadlines, monitor progress of audits, and manage assigned budgets.
9. Document follow-up and timely disposition of all assigned findings in accordance with the Bank’s Issues Management Policy.
10. Oversee other lesser experienced auditors in the execution of audit work related to the projects assigned; including monitoring budgets for audits.
11. Participate in various committees or task forces geared to policy/procedure development and operational improvements.
12. Work closely with the Treasury department to understand business processes, risks and controls and ensure timely remediation of issues.
13. Collaborate with the second line of defense to evaluate the effectiveness of the risk management framework.
14. Willingness to transfer outside of the Internal Audit department when the need arises or as part of rotation assignment.
15. Execute on special projects and other assignments as assigned by management.
16. Travel to Hong Kong and/or China for annual audits as assigned.

Qualifications

Success factors include:

1. Knowledge of treasury functions, financial products and risk management.
2. Collaborative working style with the willingness to listen to all viewpoints.
3. Strong communication skills in working with departmental management, divisional management, and external parties.
4. Strong team player with ability to offer opinions and yet respect the collective decision.
5. Strong critical thinking and problem-solving skills to identify root causes and suggest improvements in treasury processes.
6. Good computer skills, be detail-oriented, and have the ability to multi-task.
7. Flexibility in work hours, locations, and working conditions.
8. Flexibility to travel to Hong Kong and Shanghai to perform audits, if assigned.
9. Ability to interpret gray-areas and propose alternative solutions.

Qualifications/Experience:

1. Bachelor’s or Master’s Degree is required, and industry certification(s) (e.g. CPA, CIA) is a plus.
2. 5-7 years of direct or comparable advisory/internal audit experience.
3. Strong understanding of treasury processes and relevant regulatory requirements.
4. Prior experience in performing process improvement projects or audits in either a publicly traded company or at a public accounting firm.
5. Experience with large financial institutions is a plus.
6. Professional working proficiency in Mandarin and/or Cantonese is a plus.

Compensation

The base pay range for this position is USD $170,000.00/Yr. - USD $180,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.