Audit Manager - Internal Audit - Rabobank - New York, NY

Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, real estate, and renewable energy project financing. Founded over a century ago, Rabobank is one of the largest and safest banks in the world, with nearly $1 trillion in assets and operations in more than 40 countries, and ranks among the highest rated private banks by Standard & Poor’s and Moody’s. Rabobank is a premier bank to the international food and agriculture industry, as well as a leading financier of solar, wind, bioenergy, and energy infrastructure projects. In the Americas, Rabobank is present in the United States, Argentina, Brazil, Canada, Chile, Mexico, and Paraguay, providing both retail and wholesale banking services as well as real estate and leasing services. The bank’s wholesale banking products focus on these banking areas:

• Lending and Credit


• Trade and Commodity Finance


• Acquisition Finance


• Renewable Energy and Infrastructure Finance


• Global Client Solutions


• Mergers & Acquisitions Advisory


• Food & Agribusiness Research and Advisory


• Capital Markets

Your Function:
Job Overview/Purpose:
Responsible for supporting the Head of Internal Audit (IA) North America to consistently deliver an independent, well-executed, risk-based internal audit plan, and for conducting audits. The employee provides support to the Head of IA by performing certain functions required to manage the region Such functions will generally specifically delegated.

The employee will also undertake operational and compliance audits. Major areas include Governance, Risk Management and Compliance and would generally exclude areas covered by IT, Credit and Markets/Treasury Audit, or by external financial audits. Duties include the audit of policies, standards, programs, procedures, controls, systems, regulation , and the related internal control systems for efficiency, economy and effectiveness. The Audit Manager coordinates this program with other audit expertise areas, for example IT audit, in order to maximize effectiveness of audit activities.

Context of Job:
IA operates under a Charter approved by the RN Executive Board. IA help the Bank accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. IA conducts audits and furnishes management with analysis, advice and recommendations. As part of this IA evaluates whether businesses comply with internal policies, standards and procedures, and whether legislative or regulatory requirements are appropriately addressed. IA work with each business area to evaluate whether adequate internal controls are implemented to manage business risks associated with their operating activities, fostering quality and continuous improvement in control processes. IA provides a consulting service at the request of management for new products, new systems and other developments. IA liaises with the various governance groups as needed.

Key Responsibilities and Accountabilities:

• Assist in the planning, management and execution of allocated audits


• Manages audit staff in the execution of audits ensuring adherence to audit methodologies and standards.


• Develop and maintain relationships with management in order to remain informed of developments that affect the control environment. Assist with the co-ordination of client expectations.


• Co-develop and maintain the client file, risk analysis and audit plan.


• Monitor the execution of the audit plan, and risk developments that impact on the plan.


• Assist with administrative tasks such as the preparation of key departmental reports.


• Assist with the definition of the audit projects and ensure endorsement by the client.


• Develop audit programs.


• Develop and present audit findings with appropriate bank management.


• Make quality decisions regarding the content and presentation of reports.


• Assists audit staff in improving their own skill sets through training and direct coaching.

Your Profile:
Qualifications:
Essential:

• Minimum two years in a role managing a small teams and concurrent audits.


• 10 years of bank experience in Internal and/or External Auditing.


• Demonstrable expertise and experience in audit, risk management and related regulatory compliance and accounting.


• Bachelor’s Degree in Finance, Accounting, Economics or a related field.

Desirable:

• Membership of appropriate professional body e.g. CAMS, CPA or MBA or equivalent experience

We Offer:
Rabobank New York Branch offers a comprehensive benefits program that is among the finest in the industry featuring: Medical/Dental/Vision Plans; Defined Contribution (401k) Plan With Employer Match; Paid Vacation based on position and length of service; Life and Disability Insurance; Health and Dependent Care Flexible Spending Plans; Transportation Reimbursement Incentive Plan; Educational Assistance Program. Also offering Portable Voluntary Benefits including Pet Insurance; Automobile and Homeowner’s Insurance; Cancer Protection Plan; Legal Insurance Plan; Optional Life and Disability Insurance.