Job Information
TEKsystems Internal Auditor in Cleveland, Ohio
This Liquidity Risk Internal Audit role is on a FULLY REMOTE schedule.
Description:
Job Description:
Execute the internal audit process, including all requirements for audit planning, execution, report writing and discussions with stakeholders on any potential audit findings for the Treasury portfolio focusing on Liquidity Risk Management (LRM).
Effectively challenge the First- and Second-line Treasury and Risk Management teams to ensure that the key governance, risk management and internal control processes are adequately designed and operating effectively.
Remain current on the regulatory rules addressing LRM, including (but not limited to) Regulations YY and WW, and changes within the industry that may impact audit coverage/audit plan.
Execute continuous business monitoring with an external perspective and an enterprise mindset.
Validate management’s corrective actions to address audit findings and regulatory gaps. This involves reviewing applicable regulatory requirements, assessing/confirming compliance gaps, and evaluating management’s remediation activities to confirm that the regulatory requirements are effectively and sustainably addressed.
Develop ideas and implement data analytics in support of the department’s NextGen initiative.
Develop effective stakeholder relationships and have a strong understanding of the Company’s business model, its products, services, and organizational units. Identify and calibrate the primary sources of risk and design effective audit test plan to assess the control environment. Lead meetings with internal and external stakeholders.
Effectively coach and mentor less experienced colleagues and co-sourced resources in geographically diverse locations across all aspects of their role, the audit and analytic lifecycle, audit methodology, best practices, and banking concepts and products (including associated risks and controls).
Skills:
liquidity risk, treasury management
Additional Skills & Qualifications:
Qualifications:
Bachelor’s degree in accounting, economics, or finance.
Relevant work experience in one of the following: (1) 1st LoD Treasury (Liquidity), (2) 2nd LoD Treasury Risk Oversight or (3) Internal Audit at a major financial institution in the U.S. (i.e., Category I, II or III banking institution under the Tailoring Rules).
Experience validating internal controls and deep understanding of risk assessment concepts to assess and challenge the existing controls framework supporting the management of liquidity risk.
Strong written and verbal communication skills that deliver quality, actionable and impactful feedback to management on potential control issues and solutions to close gaps.
Proven ability work independently and to lead team members in a way that encourages, develops, and delivers results.
Effective project management skills, the ability to manage competing priorities and employ creative thinking to lead and manage multiple projects.
Experience with data analytic tools, data visualization, key risk indicators (KRIs), key performance indicators (KPIs), and scorecards/dashboards. Ability to break-down a complex problem into components, solve them using data analysis, process knowledge and risk/control knowledge, and communicate data analysis, issues and control recommendations with transparency and integrity.
CFA, CPA, CIA, CRMA certifications.
Experience of liquidity risk management including, but not limited to internal liquidity stress testing, cashflow forecasting, intraday liquidity risk management, collateral management, contingency funding planning, liquidity risk limits calibration/monitoring (including LCR), FR 2052a reporting, etc.
Knowledge of other Treasury risk areas (e.g. ALM, capital risk management, CCAR).
Background in information systems, data analytics or information technology.
Experience interacting with U.S. regulatory examiners.
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.