An oppurtunity to join a leading investment bank's wealth management division at a time of intense growth. The incumbent will ensure that audit and regulatory requirements are being met in accordance with relevant standards.
Manage, analyze and evaluate the retail brokerage business as well as its products and operations to achieve execution of the Audit Plan. The Senior Manager responsibilities include the following key processes /duties: -Involvement in managing retail brokerage audits with experience in areas such as brokerage operations, product, investment advisory, consumer banking, and mortgage-related products including; scope determination, audit planning memos, issue development and report writing. -Prepare and execute annual and long-term risk-based audit plans to provide appropriate coverage of retail brokerage activities. -Ensure execution of the audit plan within departmental methodology, policies and standards. -Provide management with an independent and objective evaluation of the control environment and evaluate management’s control consciousness. -Conduct, as appropriate, quality assurance reviews to ensure compliance with department documentation standards.
-Eight-ten years of audit management or related retail brokerage or related regulatory experience within the financial industry. -Previous audit experience with a complex or medium size bank or broker dealer that focused on retail brokerage products and operations. -A strong technical understanding of the regulatory environment with respect to FINRA, SEC, NFA rules or other regulators such as the OCC, OTS, Federal Reserve. -Proficient understanding of the internal audit process including risk assessments, planning, scheduling, and reporting.
-CPA a plus -Prior experience communicating with regulators a plus -Experience with local, state and federal securities law a plus -A B.S. degree in business including Economics, Finance, Accounting, etc. [note: an M.B.A. or equivalent postgraduate degree is highly encouraged to demonstrate the candidate’s discipline, commitment and focus].