Vice President, Internal Audit - Credit Risk

HW3; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

Hw3 Llc partners with a global financial institution to hire a Vice President for the Internal Audit team with responsibility for Credit Risk coverage across banking and capital markets activities in New York.

The role is hands-on, leading risk-based audits, validations, risk assessments and continuous monitoring within the Credit Risk framework, partnering with senior stakeholders and mentoring junior staff.

Qualifications

• 6-8 years of experience in Internal Audit, Credit Risk, regulatory supervision or related control function.
• Strong understanding of credit risk within banking and capital markets contexts.
• Experience leading audits, reviews, testing or issue-validation work.
• Knowledge of wholesale credit, counterparty credit risk or traded products is desirable.
• Excellent stakeholder management and written communication skills.

Responsibilities

• Lead end-to-end Credit Risk audits including planning, fieldwork, reporting and issue follow-up.
• Assess effectiveness of credit risk governance, controls and risk-management practices.
• Review credit risk across wholesale lending and capital markets activities.
• Lead validation of regulatory and internal audit findings and assess remediation effectiveness.
• Identify emerging risks and contribute to annual audit planning and risk assessment.
• Partner with senior stakeholders across Internal Audit, Risk Management and the wider business.
• Support regulatory and external-audit interactions as required.
• Mentor junior team members and contribute to audit methodology and analytics development.

Skills

Stakeholder management

Written communication

Education

CIA/CPA/CFA/FRM or equivalent qualification

Job description

We are partnered with a global financial institution, looking to hire a Vice President into its Internal Audit team, with responsibility for Credit Risk coverage across its banking and capital markets businesses.

This is a hands-on role where the successful candidate will lead and execute risk-based audits, issue validations, risk assessments and continuous monitoring activities across the firm's Credit Risk framework.

Responsibilities include:

• Lead end-to-end Credit Risk audits, including planning, fieldwork, reporting and issue follow-up.


• Assess the effectiveness of credit risk governance, controls and risk-management practices.


• Review credit risk across wholesale lending and capital markets activities.


• Lead validation of regulatory and internal audit findings and assess remediation effectiveness.


• Identify emerging risks and contribute to the annual audit planning and risk-assessment process.


• Partner with senior stakeholders across Internal Audit, Risk Management and the wider business.


• Support regulatory and external-audit interactions where required.


• Mentor junior team members and contribute to the continued development of audit methodology, analytics and automation.

Ideal Background:

• Approximately 6-8 years of experience across Internal Audit, Credit Risk, regulatory supervision or another relevant financial-services control function.


• Strong understanding of Credit Risk within a banking and/or capital-markets environment.


• Experience leading audits, reviews, testing or issue-validation work.


• Knowledge of wholesale credit, counterparty credit risk and/or traded products is highly attractive.


• Strong stakeholder-management and written communication skills.


• CIA, CPA, CFA, FRM or similar qualification is beneficial but not essential.