Senior Auditor, Financial Security

The Senior Auditor performs, under the supervision of a Lead Auditor, preliminary assessments of the audited activity and its internal control framework. He/she performs independent testing and analysis on specific controls in order to meet the auditâs objectives. He/she also contributes to drafting the debriefing presentation and the final report sent to Management.

Depending on the assignment, Senior Auditors may directly supervise one or more junior auditors and may act as deputy to the Lead Auditor.

The Audit Associate, under the supervision of a Lead Auditor, performs assessments of the 1st (adherence) and 2nd line (advisory and testing) BSA/AML internal control framework. He/she performs independent testing and analysis on specific controls in order to meet the auditâs objectives. He/she also contributes to drafting the debriefing presentation and the final report sent to Management.

Key Responsibilities:

The Audit Associate is expected to work independently under minimum supervision, provide appropriate effective challenge of the control environment, and manage his/her time to meet all deliverable dates to keep the audit plan on schedule.

I â Conduct of assignment

The Audit Associate is responsible for carrying out audit work as assigned by the Lead Auditor within the defined timeframes in accordance with IGE methodology and procedures and Internal Audit standards. Audit work includes continuous monitoring, formal audit coverage, and at times may include regulatory issue validation testing:

• ÂÂÂÂÂÂ Independently carry out audit planning and fieldwork of audit coverage, including:
• ÂÂÂÂÂÂ A preliminary assessment of the audited activity highlighting the related risks and controls
• ÂÂÂÂÂÂ Interviews, testing and analysis of the results of the controls planned in the audit program
• ÂÂÂÂÂÂ Documented awareness of the regulatory requirements, impacts, and/or expectations pertaining to coverage area(s).
• ÂÂÂÂÂÂ Provide comprehensive documentation in test sheets the controls performed and conclusions reached
• ÂÂÂÂÂÂ Identify and report on strengths and weaknesses of the audited areas, analyse the root causes and risk impact of the identified weaknesses, develop remediation and recommendations to address the audit findings and conclude on the effectiveness of the control set-up and business practices
• ÂÂÂÂÂÂ Maintain open communication with auditees during coverage to prevent confusion or surprises, including documenting issues and identifying owners during the audit
• ÂÂÂÂÂÂ Present audit conclusions to IGE management and to the management of the audited unit (debriefing presentation, final audit report, etc.)
• ÂÂÂÂÂÂ Keep the Lead Auditor in charge of the assignment/ Local Head of Audit informed of the progress on the audit work assigned, and escalate any issues that may impact or delay the auditâs execution, or raise any other relevant information on the assigned audit and the risk and control environment

Essential

Skills & Knowledge:

• Auditing techniques

• Understanding of the risks generated by banking / securities activities

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Competencies:

• Analytical skills

• Organization

• Verbal and written communication skills

• Ability to work autonomously under deliverable timelines

• Team spirit

• Proficiency in Word, Excel and PowerPoint

• Fluent in English

Desirable:

Skills & Knowledge:

• Understanding of Capital Markets and Financing activities, products, processes, controls and risks

Competencies:

• Relationship management

• Ability to work in multi-disciplinary and multicultural teams

• Basic French

Role Specific Requirements:

This role may require business travels in any relevant locations to conduct the assigned audits, for periods up to several consecutive weeks.

Auditors must comply with the CACIB Audit Charter, in particular the five fundamental ethical principles (integrity, objectivity, confidentiality, expertise, and transparency) and all other locally applicable regulations.