Assurance Manager, Risk Advisory Services

Job Summary

The Assurance Manager, Risk Advisory Services is responsible for managing and delivering high value solutions to clients in the areas of Internal Auditing and internal control, including business risk assessment, business process improvement/transformation, regulatory compliance, risk management, information technology audit & control, financial and operational audit, business conduct and/or Sarbanes-Oxley ("SOX"). In this role, the Assurance Manager, Risk Advisory Services is charged with managing a team of professionals through all stages of an internal audit and/or consulting engagement to include planning, field work, engagement wrap up and report composition, along with providing recommendations regarding relevant client business risks. The Assurance Manager, Risk Advisory Services will also be responsible for providing suggestions to improve the internal controls and operating procedures of assigned clients, as well as managing certain aspects of engagement administration.

Job Duties

• Acts as a primary contact for clients regarding all questions and information, including progress, challenges encountered, and issues identified
• Conducts informational interviews and facilitates meetings with client management members during engagement process
• Communicates control gaps and suggested improvements to processes, controls, and risk management to client management and client management
• Analyzes the client's processes, risks, and controls
• Provides exceptional client service and develops advanced level deliverables and/or solutions to client issues
• Leads enterprise-wide risk assessment in established / required timelines while overseeing team
• Coordinates and assists with development of risk-based audit plans and programs
• Ensures the confidentiality of all documentation and work papers associated with client engagements
• Establishes engagement budget, provides recommendations for project scope and underlying pricing changes, as needed
• Prepares periodic and timely billings, and manages adjustments to engagement realization, as needed
• Manages the engagement and underlying economics to ensure engagement metrics are achieved
• Utilizes all available research aids (as practical), including databases and trade publications, to develop understanding of client's industry
• Identifies, builds, and maintains strategic relationships with client personnel, including members of client management
• Prepares formal and informal presentations for client meetings
• Identifies new business opportunities to expand the RAS-FS practice and communicates such opportunities to engagement supervisors
• Participates in marketing and business development activities within practice
• Drafts proposals and reports, and completes research, when needed
• Administers project plans
• Other duties as required

Supervisory Responsibilities:

• Supervises the day-to-day workload of RAS-FS Senior Associates and Associates on assigned engagements and reviews work product to ensure both professional and the firm's quality standards are met
• Ensures RAS-FS Senior Associates and Associates are trained on all relevant software
• Evaluates the performance of RAS-FS Senior Associates and Associates and assists in the development of goals and objectives to enhance professional development
• Delivers periodic performance feedback and completes performance evaluations for RAS-FS Senior Associates and Associates in accordance with Firm guidance
• Acts as mentor to RAS-FS Senior Associates and Associates, as appropriate
  
  

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor's degree in Accounting, Finance, required
• MBA or other relevant advanced degree, preferred

Experience:

• Six (6) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audits, consulting, compliance and/or risk advisory services, required
• Experience with internal controls, including SOX/FDICIA, process control design, preparation of flowcharts & control matrices, documentation and testing of controls, and identification and reporting of control "gaps", required
• Experience conducting audit planning, developing audit programs, performing testing, preparing work papers, and drafting audit reports, required
• Three (3) or more years of prior supervisory experience, required
• Minimum five (5) years of experience in performing internal audits of banking, asset management, brokerage, and/or other financial services activities, preferred:
  
  
  
  • Lending Activities (e.g., Consumer Loans/Commercial Loans/Portfolio Management/Problem Loan Management / ALLL)
  • Treasury and Finance (e.g., Accounting & Controllers/Investments & Treasury/ALM/Liquidity Mgmt./Borrowing/Reg. Reporting)
  • Core Regulatory Requirements (e.g., Consumer/Lending/Privacy/Operational/Compliance/Risk Management)
  • Bank/Asset Management/Brokerage Operations (e.g., Branch Admin. & Retail Banking/Electronic Banking/Deposit Operations/Vendor Management/ERM/Trade Execution - Capture, Match, Settle, Reconcile and Report/New Client On-Boarding/Account Management)
  • Human Resources (e.g., Payroll/Employee Benefits/Regulatory Compliance/Ethics Management/Training Program)
  
  
• Experience performing process reviews, systems reviews, and reviews of application controls, preferred

License/Certifications:

• CPA, CIA, CISA, and/or CFSA, preferred

Software:

• Proficient in the use of Microsoft Office Suite, including Excel, Word, and PowerPoint, required
• Experience with ACL and/or IDEA, and MS Access, preferred
• Experience in the use of various assurance applications and research tools as is appropriate for this level, preferred

Other Knowledge, Skills & Abilities:

• Solid understanding and experience planning and coordinating all stages of an internal audit
• Knowledge of internal accounting controls and professional standards and regulations
• Strong verbal and written communication skills, specifically business / report writing
• Ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
• Ability to successfully multi-task while working independently and within a group environment
• Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
• Able to work in a demanding, deadline driven environment with a focus on details and accuracy
• Solid project management skills
• Sound knowledge and familiarity with the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing ("IIA Standards")
• Solid grasp of general IT control concepts
• Excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
• Executive presence to act as primary contact for clients while preparing and presenting to clients and potential clients
• Able to resolve complex business issues
• Build and maintain strong relationships with internal and client personnel
• Ability to travel 20% to 40% of the time, when necessary
• Foster a positive demeanor, continuous learning attitude / growth mindset, and client service mentality with staff and seniors

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

California Range: $120,000 - $145,000
Colorado Range: $120,000 - $145,000
Illinois Range: $120,000 - $145,000
Maryland Range: $120,000 - $145,000
Minnesota Range: $120,000 - $145,000
NYC/Long Island/Westchester Range: $120,000 - $145,000
Washington Range: $120,000 - $145,000
Washington DC Range: $120,000 - $145,000