Audit Director - Liquidity and Market Risk
Job Posting for Audit Director - Liquidity and Market Risk at Sumitomo Mitsui Banking Corporation (SMBC)
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Audit Director - Liquidity and Market Risk - Director
SMBC is seeking an experienced Liquidity and Market Risk Audit Director with a minimum of 10 years' experience in the banking & finance industry to work within the Internal Audit Department.
The Audit Director will 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.
- 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.
- Minimum of 10 years internal audit experience in the banking and finance industry.
- Subject matter expertise in liquidity and/or market risk and banking / capital markets products.
- Advanced understanding of applicable regulatory standards / guidance for a Bank Holding Company / Broker Dealers including the Market Risk Rule and Reg YY Liquidity requirements
- Familiarity with Data 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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
Sign up to receive alerts about other jobs with skills like those required for the Audit Director - Liquidity and Market Risk.
Click the checkbox next to the jobs that you are interested in.
-
Audit Management Skill
-
Income Estimation: $80,895 - $103,436
-
Income Estimation: $84,294 - $116,668
-
-
Control Objectives for Information and Related Technology (COBIT) Skill
-
Income Estimation: $80,895 - $103,436
-
Income Estimation: $102,210 - $130,537
-
Job openings at Sumitomo Mitsui Banking Corporation (SMBC)
Charlotte, NC
Full Time
White Plains, NY
Full Time
Virginia, VA
Full Time
White Plains, NY
Full Time
Not the job you're looking for? Here are some other Audit Director - Liquidity and Market Risk jobs in the New York, NY area that may be a better fit.
We don't have any other Audit Director - Liquidity and Market Risk jobs in the New York, NY area right now.
Director, Market and Liquidity Risk
BNYM External Career Site, New York, NY
Director, Market and Liquidity Risk Manager
BNYM External Career Site, New York, NY