The primary functions for the VP, Internal Audit Lead are to support the IA function with the evaluation of the Corporate and Investment Banking (CIB) division’s control and risk environment. The role will require the team member to have a solid understanding of the CIB business, to oversee and lead projects, and provide coaching and assistance to audit staff as part of internal audit reviews and activities. In addition, the Sr. Supervisor executes part of the testing that requires a deeper understanding of the area under review. The VP, Internal Audit Lead ensures fieldwork is performed in a timely manner, that all audit quality and client relation standards are met, and courteous and professional behavior is observed in all situations. Good understanding of capital markets, trading and lending products is required. Serve as the third line of defense, providing the Board Audit & Board Risk Committees and senior management with independent assurance on the quality and effectiveness of internal controls, risk management (current or emerging), governance processes and systems, and lending units (overall asset quality, risk and compliance processes, underwriting policies, procedures, limits, concentrations), thereby helping to protect the company’s value, solvency and reputation. To such ends, Internal Audit evaluates: the effectiveness and efficiency of these processes and systems; compliance with applicable laws and regulations, and with the requirements from supervisors; the reliability and integrity of financial and operational information; and, asset integrity. Provide assurance on the quality and effectiveness of internal control, risk management (current or emerging) and governance processes and systems in the Other (non-IT) Risks space. Develops a solid understanding of the business. Examines business records and collects information, exercises independent judgment in identifying issues and assessing risk as well as formulates findings and presents the results to the Audit Manager. Executes control design and operating effectiveness testing over areas that require a deeper understanding of the business or function under review as part of internal audit reviews and activities. Conducts post-audit follow-up to appraise adequacy of corrective action taken to address audit recommendations. Documents audit testing and follow-up tasks in accordance to relevant audit standards. Demonstrates proactivity in professional development activities. Attends professional training actions provided by the company. Provides consistent quality service to both internal and external stakeholders that meets the company’s standards. Participates with the Audit Manager in the planning of audit reviews and activities and designs test steps and audit procedures as part of internal audit reviews and activities. Supervises and coaches audit staff as part of internal audit reviews and activities. As such, oversees field work and reviews and challenges the testing and work papers prepared by audit staff as part of internal audit reviews and activities, including post-audit follow-up. Prepares a draft of the recommendations to be presented to the Audit Manager. Assists the Audit Manager in assigning staff to complete specific audit tests and procedures. Ensures fieldwork is completed within the budgeted timeframe. Communicates findings to business management and assists the Audit Manager in discussing the draft of recommendations with business management. Requirements include Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field; 5+ Years of hands-on I-Banking/Corporate Banking/Capital Markets audit experience; analytical and problem solving skills; ability to work independently; detail oriented with organizational skills; verbal and written communication skills; time management skills; solid diplomatic skills; great leadership and teamwork skills. The base pay range for this position is $97,500.00 to $170,000.00 USD annually. The company embraces a strong risk culture and is an equal opportunity employer.

By applying, you consent to your information being transmitted by Jobrapido to the Employer, as data controller, through the Employer’s data processor SonicJobs.
See Santander Privacy Policy at https://tbcdn.talentbrew.com/company/1771/v3_0/pdf/2022-SANUS-Employee-Privacy-Notice-Final.pdf and SonicJobs Privacy Policy at https://www.sonicjobs.com/us/privacy-policy and Terms of Use at https://www.sonicjobs.com/us/terms-conditions