Saint Louis, MO
Under general direction, the Sr. Internal Auditor conducts and supervises operational, financial, and compliance audits of various internal departments to evaluate the adequacy and effectiveness of the organization' s governance, risk management process, system of internal control, and quality of performance in carrying out assigned responsibilities in order to achieve the organization' s stated goals and objectives.
The Sr. Auditor helps guide the work of more junior-level auditors and staff, and manages audit assignments under minimal supervision of the Audit Manager / Director, fostering positive interactions with business units. Areas of responsibility may include back office (e.G., retail brokerage, institutional business, asset management), front office (finance, operations, IT), and/or banking/trust services. Scope of work is senior level.
ESSENTIAL DUTIES AND RESPONSIBILITIES
: Identifies and evaluates the organization's risk areas and provide key input into annual risk assessment activities and the development of the annual audit plan.
: Coordinates the audit process with the external auditors and other outside 3rd parties.
: Develops risk-based audit programs for projects to include risk assessment, scope of work to be performed, staffing and time requirements.
: Leads audit presentations and prepare audit issue memos and draft reports for Audit Manager's / Director's review and distribution to managements.
: Assists the Audit Manager / Director with coordinating departmental work schedules to meet deadlines.
: Provides routine updates to the Audit Manager / Director regarding the progress of assigned audit tasks, significant issues identified, suggested practical business solutions and completion status.
: Supervises work of less experienced staff and provide feedback at the conclusion of audits.
: Responsible for Sarbanes Oxley Section 404 documentation and the evaluation/testing of internal controls.
: Responsible for timely execution of risk-based operational, financial, and compliance audits in accordance with the annual audit plan.
: Collects and analyzes data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
: Inspects records, documents, and systems for efficiency, effectiveness, and use of accepted procedures.
: Examines records and interviews Company personnel to ensure proper recording of transactions and compliance with laws and regulations.
: Examines and evaluates financial and information systems, recommending controls to ensure system reliability and data integrity.
: Examines the systems and processes established by the organization to ensure compliance with policies, procedures, laws, and regulations that could have a significant impact on operations and reports and whether the organization is in compliance.
: Examines the accuracy, reliability, timeliness, and integrity of financial and operating information and the means used to identify, measure, classify, and report such information.
: Reports audit results to senior members of the audit group and/or the Director and recommends changes in or improvements to operations and financial activities.
: Prepares detailed reports of findings and recommendations for improvements.
: Evaluates the means by which management implements remedial actions where existing processes are determined to be ineffective.
: Maintains high level of integrity and professionalism to handle sensitive and confidential data/materials/information received and/or reviewed with business lines.
: Assumes additional duties as they arise, cross train within the department and be responsive to the needs of the entire department.
: Bachelor' s Degree in Accounting, Finance, Business Administration or related field required
: Advanced degree in the same or related disciplines is desired
: 5-7 years with internal audit, accounting or related business or regulatory field
: 2-3 years financial industry (banking or brokerage firm, or serving large financial services clients in a professional services firm) experience strongly desired
: Commitment to extend management and technical skills via professional certification and/or licensing, i.E., CPA, CIA, CFE or CISA - OR Series 7, 24, 27, 99 or other relevant license required
: Experience in reviewing audit work papers and experience in evaluating the design and operating effectiveness of internal controls.
: Demonstrated understanding of basic risk and internal control concepts.
: Knowledge of finance and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
: Some travel by car and/or air in conjunction with local, regional and/or national travel is required.