Audit Manager - Liquidity Risk

Audit Manager - Liquidity Risk

SMBC is seeking an experienced Liquidity Audit Manager with a minimum of 7 years' experience in the banking & finance industry to work within the Internal Audit Department.

The Audit Manager will report to the Risk Stripe Lead and be responsible to design and supervise execution of internal audits of various complexities, ensuring audit work is performed in accordance with IIA standards and IAD policies and procedures, as well as participate as a team member on other audit engagements or projects.

Role Responsibilities :

Manage audit teams to execute high quality reviews within a prescribed timeframe.

Direct and supervise audit from inception to completion including planning, testing, issue identification, workpaper review and reporting.

Provide support, coaching, and feedback to audit team which may include internal or co-sourced internal audit professionals.

Effectively communicate with stakeholder and audit senior management to clearly articulate audit strategy, testing results and corrective measures.

As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities.

Participate in quarterly and annual continuous monitoring / risk assessment process to identify business trends and changes in the business risk profile.

As needed, assist with special projects related to business process improvements or departmental strategic initiatives.

Track and validate closure of issues raised by the department and regulators.

Develop, promote and maintain a collaborative and strong working relationship with AD business heads, external auditors, and regulators.

Qualifications and Skills

Minimum of 7 years internal audit experience in the banking and finance industry.

Subject matter expertise in liquidity risk and banking / capital markets products.

Advanced understanding of applicable regulatory standards / guidance for a Bank Holding Company / Broker Dealers including Reg YY Liquidity requirements

Familiarity with Market Risk a plus

Understanding of audit techniques, internal controls, and workpaper standards.

Excellent communication, presentation and professional skills including the ability to interact effectively at all levels within the organization.

Bachelor's Degree in Accounting, Finance, or related field.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.