Sr Auditor - Fraud Risk

Position Title
Sr Auditor - Fraud Risk

Location
New York, NY 10018

Job Summary
The Senior Auditor is an experienced professional focused on providing assurance for the company through the development of an audit plan, supporting the overall objectives of the department working closely with the Audit in Charge (AIC). The role of the Senior Auditor requires a deep understanding of financial and regulatory frameworks identifying discrepancies or risks that could impact the financial health of the bank. This is a critical role in the Internal Audit Department.

The Senior Auditor serves as the Auditor responsible for ensuring testing and workpapers are completed with high quality in support of the AIC (Auditor in Charge). Responsible for the preparation of audit documents including audit engagements, planning memorandums, preliminary opening discussion documents, audit programs and wrap up documents in assigned vertical. This position will assess policies, procedures and supporting processes and help ensure compliance with regulatory requirements. The Senior Auditor possesses and applies comprehensive knowledge to the completion of complex/difficult assignments, and will plan, conduct, and may supervise assignments.

Job Responsibilities:

JOB RESPONSIBILITIES

• Specifically responsible for the following for:
  • Supporting the AIC in determining scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation).
  • Drafting MR(I)A workpapers.
  • Completing required training.
  • Completing Skills Assessments.
  • Mentoring new auditors.
• Responsible for communicating with the senior audit manager and/or AIC and audit clients about the engagement. Conducting field work and workpapers are completed in a timely manner.
• Works with the AIC to determine scoping decisions, audit opinions, and issue identification.
• Executes the audit by conducting audit planning, risk identification, scoping, and field testing are completed in a timely manner with high quality supporting the AIC.
• Maintains relationship with the audit client and audit management to ensure clear communication.
• Maintains certifications as applicable.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field.
• Minimum experience required: 5+ Years of audit or risk management experience including in the financial services industry, preferably with a large financial services firm.

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) in Accounting, Finance, or Business Administration or related field.
• Previous experience working with a public accounting or risk advisory firm is preferred.
• CIA, CPA, CISA, CRCM, or CFE preferred.

Job Competencies:

• Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
• Strong knowledge of internal audit best practices and industry standards.
• Strong oral and written communication; comfortable making presentations to groups of professionals, external auditors, and regulators.
• Excellent quantitative and analytical skills along with a focused attention to detail.
• Collaborative and takes ownership to ensure the quality of the audit team's product and success.
• Ability to influence and effect change; be viewed as a trusted advisor.
• Proactive thought process, with an ability to foresee potential risks ahead of business decisions.
• Strong project management skills, with the capability to prioritize multiple demands.
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
• Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels.
• Travel requirements: up to 10%
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Pay Range
$74,916.75 - $126,250.00