Job Title Principal Auditor, US Financial Risk – Credit Risk
Corporate Title Assistant Vice President
Location Cary, NC
Overview
Group Audit (GA) is a professional, business focused, proactive risk-based global function that operates with transparency, integrity, and independence, and assists the Bank’s business and infrastructure areas to identify key control weaknesses.
As Principal Auditor – Credit Risk Management (CRM), you will report to the US Principal Audit Manager (PAM) for Financial Risks. You will be responsible for the risk assessment, planning, execution, and delivery of audits covering the CRM function in collaboration with resources from other audit teams within the region and respective locations.
The successful professional will interact with CRM staff and senior contacts and will be expected to work in partnership with Group Audit colleagues globally to execute audits to fulfil coverage requirements and cover the highest areas of risk.
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift, and volunteer programs
What You’ll Do
- Deliver assignments within the CRM audits or participate in Integrated Business and CRM audits both locally and globally
- Contribute to Risk Assessment Profiles / Business Monitoring and overall implementation of Group Audit Methodology
- Plans audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when required
- Evaluate the adequacy and effectiveness of internal controls relating to risks involved in the relevant business areas in accordance with Group Audit Methodology and the established risk assessment framework
- Proactively develop and maintain professional working relationships with colleagues, the Business and respective support areas and work in an integrated manner with fellow team members both locally and globally
Skills You’ll Need
- Master’s degree in related discipline or other relevant qualification
- Advanced understanding of the Banking risk and control environment, and the regulatory environment specific to Commercial Banking or Investment Banking with a focus on Credit Risk Management lifecycle
- Advanced experience in the delivery of audit related assignments (ideally in complex financial services environments) and Commercial Banking or Investment Banking role (or respective Auditor role) or experience in a CRM second line function
Skills That Will Help You Excel
- Strong communication skills both oral and written, with the ability to communicate effectively at all levels within Group Audit and with stakeholders
- A willingness to accept responsibility, a high level of personal integrity and an eye for detail without losing the big picture
- Flexible, pro-active, self-sufficient with the ability and enthusiasm to work in a high-pressure environment and deliver under tight deadlines
Expectations
It is the Bank’s expectation that employees hired into this role will work in the Cary, NC office in accordance with the Bank’s hybrid working model.
The Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Cary is $100,000 to $142,250. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
