Vice President, Internal Audit & Operations

Madison-Davis, LLC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Madison-Davis, LLC is seeking an experienced audit professional to lead reviews of operational processes and business controls within a financial services environment.

This role emphasizes risk identification, evaluating control effectiveness, and recommending practical improvements across banking and capital markets operations. You will partner with business stakeholders, communicate findings to management, and coach engagement staff.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 6+ years of audit, advisory, or banking experience.
• Experience in commercial banking, broker-dealer, or swap-dealer operations.
• Familiarity with securitized lending activities.
• Strong understanding of back-office processes and transaction controls.
• Experience evaluating reconciliations, segregation of duties, and workflows.
• Knowledge of financial services regulations and risk management practices.
• Ability to lead complex reviews and meet deadlines.
• Experience supervising staff and reviewing audit work.
• Strong writing and stakeholder communication skills.
• Advanced degree or certification preferred (CPA/CIA/CISA/CAMS/CFE).

Responsibilities

• Lead operational audits from scoping to remediation review.
• Assess controls across banking and securities processing.
• Review payment, settlement, reconciliation, and trade support processes.
• Develop audit procedures based on risk objectives.
• Analyze evidence and document conclusions.
• Present findings and propose corrective actions.
• Supervise staff and review audit work.
• Track business developments and emerging risks.
• Collaborate with business, technology, and control teams.
• Contribute to audit planning and quality reviews.

Skills

Analytical skills

Stakeholder communication

Leadership & staff development

Risk assessment

Auditing

Regulatory knowledge

Writing & reporting

Education

Bachelor's degree

CPA / CIA / CISA / CAMS / CFE preferred

Job description

ABOUT THE ROLE

A financial services organization is seeking an experienced audit professional to lead reviews of operational processes and business controls. This position focuses on identifying risk, evaluating control effectiveness, and recommending practical improvements across banking and capital markets operations. The role combines hands‑on audit execution with engagement leadership and staff development. The successful candidate will partner with business stakeholders, communicate findings to management, and contribute to ongoing risk assessments and audit planning.

RESPONSIBILITIES

• Lead operational audits from initial scoping through reporting and remediation review.
• Assess controls supporting banking and securities transaction processing.
• Review payment, settlement, reconciliation, and trade support processes.
• Develop audit procedures based on business risks and control objectives.
• Analyze supporting evidence and document clear, well-supported conclusions.
• Present findings and recommend practical corrective actions.
• Supervise engagement staff and review audit documentation.
• Track business developments and incorporate emerging risks into audit coverage.
• Partner with business, technology, and control teams throughout engagements.
• Contribute to audit planning, management reporting, and quality reviews.

QUALIFICATIONS

• Bachelor s degree required.
• 6+ years of relevant audit, advisory, consulting, or banking experience.
• Experience covering commercial banking, broker-dealer, or swap-dealer operations.
• Familiarity with securitized lending activities.
• Strong understanding of back-office processes and transaction controls.
• Experience evaluating reconciliations, segregation of duties, and operational workflows.
• Knowledge of financial services regulations and risk management practices.
• Ability to lead complex reviews and manage competing deadlines.
• Experience supervising staff and reviewing audit work.
• Strong analytical, writing, and stakeholder communication skills.
• Advanced degree or relevant certification, such as CPA, CIA, CISA, CAMS, or CFE, preferred.