Group Audit Job Description
Group Audit Duties & Responsibilities
To write an effective group audit job description, begin by listing detailed duties, responsibilities and expectations. We have included group audit job description templates that you can modify and use.
Sample responsibilities for this position include:
Group Audit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Group Audit
List any licenses or certifications required by the position: CPA, CISA, CIA, PMP, CFA, CISSP, IIA, CRCM, C.P.A, ACAMS
Education for Group Audit
Typically a job would require a certain level of education.
Employers hiring for the group audit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, MBA, Management, Information Technology, Communications, Technology, Business/Administration, Education
Skills for Group Audit
Desired skills for group audit include:
Desired experience for group audit includes:
Group Audit Examples
Group Audit Job Description
- Coordinate and execute throughout all phases of audit projects – planning, execution, completion and reporting – as assigned
- Support applications and processes which comprise the data architecture and data modeling strategy for Internal Audit
- Managing end to end recruitment for a broad range of Risk Management roles
- Delivering role specific recruitment campaigns in line with group strategy
- Creating sourcing strategies to build future talent pipelines
- Partnering effectively with key stakeholders to ensure successful recruitment outcomes
- Keeping your professional knowledge up to date, specifically in the risk market
- Providing relevant market advice to key stakeholders and driving optimum outcomes
- Data cleansing in preparation for analysis
- Help ensure that audit work is properly documented and concluded upon, filed and stored appropriately within TeamMate electronic work papers software
- Audit review work requires ability to determine the risk effect of delinquent processes
- Leading the clearing and identifying collateral/audit issues as they arise
- On board new dealer relationships through the takeover process
- Continuous improvement of audit process and ensure procedure manuals are kept up to date
- Coordinate the efficient and timely completion of all audits according to audit schedule, audit template and terms and conditions of each borrower as outlined in the CARMA credit
- Ensure that Audit provider is aware of deal structure including any changes since last field audit and key areas to focus on
Group Audit Job Description
- Evaluate the adequacy and effectiveness of internal controls relating to Human Resources and respective risks
- Manage a portfolio of audit projects
- Benchmarking of IA practices against Industry and Regulators standards
- Work with State Insurance Department regulators across the nation conducting regulatory financial and market compliance examinations and special project work
- Managing key audit relationships across our international corporate business stream
- Group Audit relationship manager for relevant CF management, and to liaise with regional regulators and external auditors when requested by Country Heads
- Be the Primary Owner and driver of Asia Pacific audit coverage of Corporate Finance and maintain relationships with other PAMs globally to support integrated, efficient and comprehensive coverage of key risks across the global audit plan
- Identify and escalates audit findings, fostering a constructive tone in audit reports
- Ensure the CIB audit teams are resourced with appropriately skilled personnel
- Provides assistance with developing and communicating the annual audit plan and risk assessment
- Liaise with DFG Credit Analysts / Senior Manager Credit (SMC) on field audit findings and discuss treatment of collateral issues as they arise
- Escalation of audit/collateral issues to Credit Analyst/SMC/AVP as appropriate
- Knowledge on how to complete audits
- Manage audit vendor relationships
- Coordinate and lead, with the various stakeholders, the onboarding of new dealer relationships to the bank that adhere to the policies / procedures
- Develop positive working relationship with customers to make the field audit process run smoothly and efficiently
Group Audit Job Description
- To manage and drive risk-based regional audit strategy & coverage of internal controls primarily in Treasury & Markets (T&M), Capital Markets, Securities and Treasury Liquidity Management (TLM)
- Responsible for overall audit projects in ensuring appropriate risk assessment, coverage and timing
- Relationship management with senior management and external auditors and ensure that audit coverage and timing are managed properly
- Complying with corporate initiatives, such as the New Initiatives Process (NIC), Management Self Identification of Audit Issues, Management Control Awareness & Responsiveness (MCAR), Operational Risk & Control Self Assessments (RCSA)
- Managing key audit and assurance relationships across our International corporate business stream
- Identifying and developing both audit and assurance opportunities with new and existing clients
- Leading audit and assurance teams and developing junior team members to reach their potential
- Perform the audit procedures & report in timely manner
- Actively coordinate and supervise the team in client’s engagements
- Provide administrative support in a fast paced environment
- Be an integral part of the group by being an effective and flexible team player
- Share knowledge and experience with the team and learn from the knowledge and experience of others
- Take responsibility for own developmental needs and those of field audit staff
- 3+ years of auditing experience earned from Insurance, banks or Financial Institutions with regional exposure
- Track record in managing audit processes from planning to execution
- Straight Big4 candidates with Insurance Clientele are welcomed
Group Audit Job Description
- Organize, prioritize, and summarize the content of incoming mail, special requests, and meetings
- Interact with senior business leaders in a professional and effective manner
- Compose and type correspondence, memos, presentations, confidential materials
- Contributes to functional planning of the audit plan related to own area of responsibility
- Approves closure of Significant and Important audit issues in line with GA methodology
- Manages a team of auditors and is actively engaged in managing other talent and resources
- Manages direct reports, through empowering them to deliver on their objectives, providing coaching and support to enable them to be successful
- Managing key audit and assurance relationships across our Private Markets corporate business stream
- Prior auditing experience in trading and treasury activities especially exposure in terms of working with traders and risk management personnel would be an asset
- Knowledge of WMG’s EROS artist royalty system is a plus
- Candidate should possess a minimum of 1 to 3 years’ experience working in a position or positions involving participation in, and management of, the external audit process for a record label
- Development experience in an OO language
- Prior trading or risk management (business line) experience will be an asset
- Candidate will have 5-7 years experience in audit, with a formal accounting designation (CA, CPA, CMA, CGA) and/or relevant business experience within Capital Markets (front, middle or back offices)
Group Audit Job Description
- Lead and manage the audit work in the region for the assigned perimeter
- Coordinate the regional audit plan with other AMER Group Heads of Audit and as needed with the Audit Correspondents
- Contribute to or manage Audit's involvement in regional or transversal business initiatives, as required
- Interacting with Client Audit Committees, CFOs, and Controllers, the SEC, SEC Counsel, and underwriters
- Reviewing drafts of ongoing SEC filings and the prospectus or offering memorandum
- Addressing and resolving comments received from the SEC
- Evaluating/implementing new and revised accounting principles and disclosure requirements and changes in the SEC's rules and regulations
- Consulting on PCAOB auditing matters
- Communicating openly with divisional management and the internal stakeholders
- Minimum 3-5 years of experience, preferably within the financial services industry, in the HR function or HR Audit role
- Occupational certifications considered a strong plus
- CIA, MBA or CPA is a preferred - 8+ years minimum experience combined internal audit and financial services industry
- Candidate will have 5-7 years experience in audit, with a formal accounting designation (CA, CPA, CMA, CGA) and/or relevant business experience within Wealth Management (front, middle or back offices)
- Experience in, internal audit or control related functions within a client service firm or hospital, long term care or homecare
- Knowledge of state and federal healthcare and regulatory requirements and HIPAA regulations