The Vice President, Audit Quality Assurance & Improvement Program position is a line management role within the Internal Audit for the Americas (IAA) function, reporting to a Director. The position is primarily responsible for assessing departmental conformance with the quality standards embedded throughout IAA processes and procedures. Additional responsibilities include support with audit methodology and training initiatives. POSITION ATTRIBUTES This position generally may manage staff and mentor the development of Associates and Analysts. Ability to travel is a requirement for the position, varying and dependent upon the location of the incumbent in comparison to the geographic area where the quality assurance work is being performed. Quality Assurance
- Evaluate conformance with IAA’s audit methodology
- For non-conformance identified, communicate with audit team and deliver remediation expectations
- Document results using appropriate business and technical language
- Communicate review results with audit team
- Maintain inventory of knowledge and industry leading practices around audit quality assurance and improvement
- Complete work on a timely basis and with high quality
- Effective delivery of quality assurance work
- Demonstrable identification of non-conformance with IAA methodology
- Demonstrate professional skepticism and personal accountability
- Delivery of high quality work within designated timeframes and budgets
Quality Assurance
- Evaluate conformance with IAA’s audit methodology
- For non-conformance identified, communicate with audit team and deliver remediation expectations
- Document results using appropriate business and technical language
- Communicate review results with audit team
- Maintain inventory of knowledge and industry leading practices around audit quality assurance and improvement
- Complete work on a timely basis and with high quality
- Effective delivery ofquality assurance work
- Demonstrable identification of non-conformance with IAA methodology
- Demonstrate professional skepticism and personal accountability
- Delivery of high quality work within designated timeframes and budgets
Audit Methodology
- Perform ongoing analysis of audit practices / methodology based on best practices and regulations; present areas and opportunities for alignment; recommend and implement changes.
- Maintain knowledge of audit operations and methodology, while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations
- Propose methodology and workflow changes that increase the user experience? and help keeping IAA aligned with industry best practices and regulatory requirements
- Periodic contributions to PPT knowledge database on audit methodology and practices
- Be recognized as a role model in understanding and assisting in audit methodology related initiatives
Audit Training
- Contribute thought leadership to development and enhancement of audit trainingto be delivered to IAA staff
- Expand inventory of knowledge and industry leading practices around audit training
- Information mining to support PPT’s continued efforts to improve IAA’s audit training program
- Effective delivery of audit training work
- Significant contribution to PPT knowledge database on audit training
Operations
- Provide administrative support for prioritizing, scheduling and tracking progress on QAIP activities
- Produce and distribute daily activity projections
- Execute an efficient and effective approach to assist with other PPT activities assigned
- Complete work on a timely basis and with high quality
- Act as a role model and mentor QAIP Associates and Analysts to continuously improve self and department
- Effective delivery of select projects and initiatives work
- Delivery of high quality work within designated timeframes and budgets
Qualifications:
- Bachelors’ Degree, preferably in accounting, finance, or related business discipline, at an accredited college or university.
- Advanced Degree preferred.
- Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable.
- Ten or more years of relevant internal audit, financial services risk advisory, or risk management experience.
- Experience with the financial services industry, related markets, and related regulatory agencies.
- Deep knowledge of risk assessment, quality control, audit methodology, and audit practices
- Proven track record in project management and coordination / integration efforts across multiple groups.
- Other skills as required in assigned areas of responsibility.
The Vice President, Audit Quality Assurance & Improvement Program position is a line management role within the Internal Audit for the Americas (IAA) function, reporting to a Director. The position is primarily responsible for assessing departmental conformance with the quality standards embedded throughout IAA processes and procedures. Additional responsibilities include support with audit methodology and training initiatives. POSITION ATTRIBUTES This position generally may manage staff and mentor the development of Associates and Analysts. Ability to travel is a requirement for the position, varying and dependent upon the location of the incumbent in comparison to the geographic area where the quality assurance work is being performed. Quality Assurance
- Evaluate conformance with IAA’s audit methodology
- For non-conformance identified, communicate with audit team and deliver remediation expectations
- Document results using appropriate business and technical language
- Communicate review results with audit team
- Maintain inventory of knowledge and industry leading practices around audit quality assurance and improvement
- Complete work on a timely basis and with high quality
- Effective delivery of quality assurance work
- Demonstrable identification of non-conformance with IAA methodology
- Demonstrate professional skepticism and personal accountability
- Delivery of high quality work within designated timeframes and budgets
Quality Assurance
- Evaluate conformance with IAA’s audit methodology
- For non-conformance identified, communicate with audit team and deliver remediation expectations
- Document results using appropriate business and technical language
- Communicate review results with audit team
- Maintain inventory of knowledge and industry leading practices around audit quality assurance and improvement
- Complete work on a timely basis and with high quality
- Effective delivery ofquality assurance work
- Demonstrable identification of non-conformance with IAA methodology
- Demonstrate professional skepticism and personal accountability
- Delivery of high quality work within designated timeframes and budgets
Audit Methodology
- Perform ongoing analysis of audit practices / methodology based on best practices and regulations; present areas and opportunities for alignment; recommend and implement changes.
- Maintain knowledge of audit operations and methodology, while also operating within industry best practices, applicable regulations, and internal and external professional practice expectations
- Propose methodology and workflow changes that increase the user experience? and help keeping IAA aligned with industry best practices and regulatory requirements
- Periodic contributions to PPT knowledge database on audit methodology and practices
- Be recognized as a role model in understanding and assisting in audit methodology related initiatives
Audit Training
- Contribute thought leadership to development and enhancement of audit trainingto be delivered to IAA staff
- Expand inventory of knowledge and industry leading practices around audit training
- Information mining to support PPT’s continued efforts to improve IAA’s audit training program
- Effective delivery of audit training work
- Significant contribution to PPT knowledge database on audit training
Operations
- Provide administrative support for prioritizing, scheduling and tracking progress on QAIP activities
- Produce and distribute daily activity projections
- Execute an efficient and effective approach to assist with other PPT activities assigned
- Complete work on a timely basis and with high quality
- Act as a role model and mentor QAIP Associates and Analysts to continuously improve self and department
- Effective delivery of select projects and initiatives work
- Delivery of high quality work within designated timeframes and budgets
Qualifications:
- Bachelors’ Degree, preferably in accounting, finance, or related business discipline, at an accredited college or university.
- Advanced Degree preferred.
- Professional auditing certifications, such as the CIA, CPA, or CFSA, are highly desirable.
- Ten or more years of relevant internal audit, financial services risk advisory, or risk management experience.
- Experience with the financial services industry, related markets, and related regulatory agencies.
- Deep knowledge of risk assessment, quality control, audit methodology, and audit practices
- Proven track record in project management and coordination / integration efforts across multiple groups.
- Other skills as required in assigned areas of responsibility.
