What are the responsibilities and job description for the Audit Associate position at ING?
CAS | Audit | Audit Associate| NYC
About ING:
Ranked #8 on LinkedIn Top Companies in Financial Services
Crain’s 100 Best Places to Work
Ragan’s Top Places to Work in 2023
In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.
When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.
We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
Sound like the kind of place you’d feel at home? We’d love to hear from you.
About the department:
CAS is the global internal audit function of ING Group, one of the Global Systematically Important Financial Institutions with its Head Office in Amsterdam. It is a strong, united organization of talented people in which knowledge and best practices are shared around the world. CAS is highly regarded by its clients and endorsed by the Institute of Internal Auditors.
ING Americas is a business unit of the worldwide operations of ING Wholesale Bank. The unit operates in the USA and Mexico and serves corporate and institutional clients with industry lending and financial markets products. CAS Americas is responsible for the execution of all audits within the Americas region and is based out of New York, in a hybrid mode. The team includes 9 FTE reporting into the Regional Head of Audit, while about two FTE of specialist support is delivered by the global CAS organization to the CAS Americas team.
Audits are performed by teams of two to four auditors (including the Audit Lead in a hands-on role). Every team member will specialize in one or more areas of expertise, including Financial Markets, Structured Finance or Risk and perform audits – as far as possible - in their areas of expertise and preference. The purpose of the job is to support the CAS Americas team in providing independent assurance services designed to add value and improve ING’s operations by bringing a systematic approach to evaluate and the effectiveness of governance, control and risk management processes against regulations and ING standards and to recommend improvements.
Responsibilities :
- Independently lead and/or contribute to the planning, execution and reporting process of (complex) audits. Perform high quality audit work as well as supervise the work performed by other audit team members.
- In-depth knowledge of the relevant laws and regulations applicable to ING Americas. Continuously monitor the risks and controls developments in these areas.
- Provide coaching on the job and develop talents.
- Build and maintain effective relationships with stakeholders.
Qualifications and Competencies
- Qualifications: Academic degree in the fields of Finance, Economics, Accounting or similar. Possession of an audit or comparable certification (CPA, CIA, CISA, FRM, CFA, etc.) or a willingness to work for one on hiring.
- Experience: 3-6 years of relevant work experience in Banking and/or Audit or Internal Control.
- Competencies:
- Ability to independently plan and execute complex audit assignments.
- Ability to manage a complex audit process within the agreed constraints and to ensure timely closure of the audit files.
- Ability to think at both detail and high-level perspective and contribute to the annual audit planning
- Ability to work at/with all levels in the organization and manage conflict
- Ability to work under pressure and to meet timelines
- Strong verbal, writing, analytical and interpersonal skills as well as project management skills with result-oriented focus
- Organizationally sensitive and effective in conflict management
- Valuable team player and experienced in multicultural teams
Salary Range: $110,000 -$130,000
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.
ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.
Salary : $110,000 - $130,000
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