Director of Audit- BSA / AML

Director Of Audit- Bsa / Aml

The Director of Audit for BSA / AML will support City National Bank's Internal Audit department by providing independent, objective assurance over the design and operating effectiveness of CNB's processes and controls related to Financial Crimes Compliance, including BSA / AML, OFAC and ABAC. This position will also be responsible for leading and overseeing audit activities such as audit issue validations, continuous risk monitoring activities, and annual audit planning. In addition, the Director of Audit for BSA / AML will provide in responding to US regulators to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit.

Responsible for overseeing / managing an audit team to provide independent and objective assurance of the design and effectiveness of Anti-Money Laundering (AML), Office of Foreign Assets Controls (OFAC), and Anti-Bribery and Corruption (ABAC) practices for City National Bank (CNB).

Prepare and oversee the execution of the annual audit plan for the CNB Financial Crimes audit universe, to assess the adequacy and effectiveness of the internal control environment.

Ensure timely and complete execution of audits in the annual plan.

Review audit findings and audit reports drafted by the audit team for submission to IA Senior Management.

Lead the execution of continuous monitoring and adjust audit plan and risk assessment as necessary.

Leverage data analysis and insights across the enterprise and across all stages of the audit lifecycle to apply to the audit portfolio.

Build and maintain relationships with data stewards and heads of platform technology to understand key applications and data sources.

Direct oversight of the CNB Financial Crimes audit universe and other related support functions.

Work with efficiency and effectiveness throughout the audit lifecycle (planning, execution and reporting), in accordance with Internal Audit methodology and standards.

Support the continuous improvement of audit methodologies, audit approach and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.

Direct, counsel, and manage a staff of internal auditors assigned to CNB FCC audit engagements and review audit plan, findings, and reports for sufficient scope, accuracy, appropriateness of conclusions and compliance with requirements.

Coordinate and manage regulatory requests and examinations with bank regulators.

Required Qualifications :

• Bachelor's Degree or equivalent
• Minimum of 10 years of progressive experience within a top tier financial services organization or Big "4" public accounting firm
• Minimum of 5 years experience managing staff

Additional Qualifications :

What's in it for you?

Compensation : Starting base salary : $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks : At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

Get a more detailed look at our benefits and perks.