Sr. Audit Manager- Wealth Management at City National Bank Los Angeles, CA

Overview Sr. Audit Manager – Wealth Management at City National Bank, Los Angeles, CA. This leadership role reports to the Audit Director of Wealth Management and serves as an auditor‑in‑charge for managing complex wealth‑management audits. The senior auditor assists the director in supervising a team of auditors to assess risks, internal controls, and the overall control environment of the bank’s Wealth Management businesses. This individual will develop and execute detailed audit programs to evaluate the adequacy of operational processes, meet bank policies and procedures, regulatory requirements, and identify data‑analytic opportunities. The auditor analyzes testing results, and communicates audit findings to the audit director, senior management, and applicable board or committee members through meetings, presentations, written reports, and memoranda. Additionally, the position maintains and executes the Wealth Management continuous monitoring program in accordance with audit methodology, industry knowledge, emerging risks, and regulatory changes. Key focus areas include Personal and Employee Benefit Trust Administration, Retirement and Custody Services, Specialty Wealth Assets, Investment Advisory, Broker/Dealer, Investment Banking activities for CNB’s Capital Markets, Registered and Unregistered Fund Vehicles, and Support Functions (Operations, Compliance, Risk). Leadership & People Management Leads and coaches a team of internal audit professionals at the individual audit level. Implements outcomes from the audit transformation program by guiding team members through process changes. Manages resource planning to ensure sufficient engagement resources to meet the plan for individual audits. Takes personal responsibility for a complete, multi‑stage audit project. Participates in social, charitable, or inclusive committees within Internal Audit, CNB or RBC. Audit and Assurance Plans, executes, and leads complex projects using a risk‑based, cost‑effective, and efficient process while incorporating dynamic and transformative practices. Manages staff assigned to the engagement and reviews audit work for sufficient scope, testing, and accuracy. Quickly assesses all applicable risks (credit, liquidity, interest rate, price, operational compliance, strategic, and reputation), designs comprehensive audit programs, executes procedures, supervises and reviews others’ work, synthesizes testing results, and communicates findings to senior management to effect change. Delivers well‑written audit reports in a timely fashion. Utilizes analytical, auditing, and advanced Excel/automation skills. Collaborates with other audit groups to effectively plan, integrate, and execute audits. Understanding of IT and fraud risks to identify key risks and controls within the audited activities. Assesses information security and privacy policies for weaknesses. Leads and performs continuous monitoring activities periodically, gathering and evaluating information from business units and external/regulatory sources. Performs follow‑up on audit issues to ensure completion of management action plans. Manages multiple audit assignments in a dynamic environment with minimal supervision. Complies fully with all bank policies, procedures, audit methodologies, training, and regulatory requirements. Tracks and manages audit resources to meet audit budget and plan mandates. Continually develops personal and professional leadership skills and learning capabilities. Product/Business/Technology Knowledge Keeps informed of new services, products, industry, and regulatory developments that impact technology and business. Possesses working knowledge of the Investment Advisers Act of 1940, the Investment Company Act of 1940, Reg 9, ERISA, Securities Acts of 1933 and 1934, FINRA requirements, MSRB Rules, and the Dodd‑Frank Act (Volcker Rule desired). Knowledge of capital markets products. Understands business operations, regulatory and accounting control environment in the bank’s operations. Discovers patterns, insights, trends, and anomalies from data analyses and visualization tools. Executes basic analyses (e.g., descriptive) and creates simple visualizations using standard tools. Develops requests for advanced analytics by providing detailed explanations and responding to questions from the Data Analytics Lead or Data Scientist. Relationship Building and Client Experience Builds trusting relationships with internal audit peers and business management. Acts as key contact and responds to inquiries from business throughout the audit process. Leverages stakeholder relationships to advance business and project objectives. Prepares solutions to address potential roadblocks raised by others. Creates an open and constructive environment for negotiation, ensuring fair solutions are attained. Initiates discussions between parties to explore differences and find common ground. Staff Performance and Mentoring Acts as a role model and mentor to lower‑level audit professionals. Enhances and maintains staff morale. Challenges others’ thinking or approaches constructively. Provides on‑the‑job training and conducts formal or informal training for less experienced staff. Participates in interviews and evaluations of new applicants. Required Qualifications Bachelor’s Degree or equivalent. Minimum 7+ years of audit experience in an internal audit role within the banking or financial services industry, or with a public accounting firm. Minimum 3 years of experience managing direct reports and demonstrating ability to develop people. Certified Trust Compliance Professional (CTCP) or Certified Fiduciary & Investment Risk Specialist (CFIRS) or Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) or Chartered Financial Analyst (CFA) or Certified Anti‑Money Laundering Specialist (CAMS). Additional Qualifications Strong verbal and written communication skills for presenting to peers and management. Integrity, trust, and leadership skills to convey ideas and obtain management buy‑in for constructive change. Strong understanding of internal auditing standards, COSO, and risk assessment practices. Strong understanding of internal control concepts and experience applying them to plan, perform, and report on evaluations of business processes. Strong working knowledge of banking industry laws and regulations and operational, market, credit, and liquidity & funding risks. Ability to work independently and with varying team members, multitasking by prioritizing critical activities. Experience planning integrated business audits with technology auditors. Ability to apply agile methodology and best practices to audit engagements. Experience coaching and/or mentoring others. Experience using data visualization and reporting tools such as Tableau or Alteryx. Experience recommending and implementing innovative solutions to improve processes. Compensation Starting base salary: $111,408–$189,738 per year. Exact compensation may vary based on skills, experience, and location. This position is eligible for bonus and/or commissions. Benefits Comprehensive healthcare coverage, including Medical, Dental, and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career development through tuition reimbursement and other internal upskilling and training resources. Valued time away benefits including vacation, sick, and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes, and musculoskeletal support programs. Career mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement. Equal Opportunity Employer Statement City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal‑opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. #J-18808-Ljbffr BrightStar Care of Springfield/Decatur