Accessibility Links

Internal Audit Director - Investment and Fiduciary

  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Job reference: edb545
  • Sector: Buy Side, Wealth Management, Selby Jennings
  • Date posted: 07/02/2018
A US Investment Bank (over $2 trillion AUM) is seeking an Executive Director to help lead their Audit function regarding Investment Management and Fiduciary Practices. This role will sit in their Asset management function and will play a key role in assessing gaps related to fiduciary internal controls while also taking a deep dive into the first and second line investment processes and investment products as well. This will be a highly visible role in the organization as you will be expected to liaise with MDs and CROs regarding Fiduciary Risk Strategy and innovating internal controls and audit best practices for their Investment Management practices.

Responsibilities:
  • Provide detailed guidance, review and challenge during the scoping, execution and reporting of fiduciary audit activities and issue validations specifically relating to investment management services
  • Identify cross-business issues and trends, and share across audit teams to affect changes to planned coverage
  • Maintain investment management expertise by staying abreast of industry, regulatory and political developments.
  • Assist the Fiduciary SME Team in the determination of necessary staff training requirements and strategies and benchmarking approach/coverage against those of our peers
  • Establish new standards and guidelines including creating and maintaining standard investment management test programs 
  • Proactively identify areas where risk exists and advise LOB audit teams on the appropriate assessment of fiduciary risk

Qualifications:
  • 10+ years of experience within risk, compliance, internal audit, in a global asset or wealth management institutions
  • Strong knowledge of fiduciary best practices and regulations, including OCC 12 CFR 9 and ERISA
  • Ability to drive change in a positive manner via collaboration with various internal stakeholders
  • Influencing firm best practices to adjust to changing regulatory and economic environments
  • Proven communication skills; specifically with executive level individuals in written and oral presentation mediums
  • Ability to plan, manage, and lead the execution of audits
Similar jobs
Compliance Director
  • Job type: Permanent
  • Location: Frankfurt am Main
  • Salary: €120000 - €150000 per annum
  • Description Compliance Director (Investment compliance) Location: Germany; Frankfurt Salary: 120,000-150,000 Euros I am currently working
Chief Compliance Officer
  • Job type: Permanent
  • Location: Luxembourg
  • Salary: Competitive
  • Description Chief Compliance Officer Location: Luxembourg Salary: 80,000-100,000 Euros My client is looking for a chief compliance
Model Validation | Risk Models
  • Job type: Permanent
  • Location: London
  • Salary: Competitive
  • Description Quantitative Risk Model Validation Specialist for Leading European Investment Bank    Description A leading European Investment bank is looking to
Private Equity - Investment Manager - Benelux - Amsterdam
  • Job type: Permanent
  • Location: Amsterdam
  • Salary: Competitive
  • Description Private Equity -  Investment Manager - Benelux - Amsterdam: A well established Private Equity Firm with global reach seeks an Investment Manager to join an established
Sr. Associate - Global Technology Coverage
  • Job type: Permanent
  • Location: New York
  • Salary: $150000 - $200000 per annum
  • Description My Client, a top global large-cap investment bank is actively looking for investment banking/M&A professionals at the Associate and Sr. Associate level to join their...