Job Description
Vice President - Internal Audit
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We're seeking a future team member for the role of Vice President to join our Internal Audit team. This role is located in Chennai/Pune - HYBRID.
In this role, you'll make an impact in the following ways:
- Primarily responsible for overseeing audit planning, execution and managing the audit pipeline. Operates as a team member or independently when required and has responsibility for specific procedures and results (i.e., head of a project relating to an audit, audit project, or model auditor). Ensures testing (or other tasks as applicable to a specialty) is adequately thorough and accurate to allow an evaluation of the adherence to company policies and procedures, audit methodologies, and all applicable regulations. Identifies existing and emerging risk/ control themes. Contributes to Constructing Universe and development of the annual plan. May manage and develop staff. May begin developing subject matter expertise (SME). Prepares documents and reports that are client ready.
- Leads testing of related to Application Technology Functionality controls by working along wit the business auditors to understand the requirements and develop scope and test plans, as per Audit plans and methodologies. Identifies meaningful issues and tracks fieldwork and emerging issues to completion. Demonstrates understanding of businesses and processes through flowcharting, work papers, analysis, issue identification and discussions with project leaders and auditees on projects of varying complexity. If the role requires a specialism the individual will work on projects of greater complexity that involve significant understanding of the regulatory regimes, business models and processes for each assignment. Leverages advanced business knowledge or experience in order to practice strategic or systemic results. Able to query business clients and colleagues in Audit to understand the underlying processes and procedures necessary to evaluate the control risks. Performs research independently and has adequate knowledge of statistical sampling and risk analysis to perform research with technical accuracy. Engages in Continuous Monitoring activities. Review and approver testing of the team members working on the audits. Take ownership of the fieldwork execution and work with the Audit Director to finalize the testing.
- Uses / develops knowledge of financial institutions and all applicable regulatory requirements on a day to day basis. Engages in relevant training regarding audit, businesses, financial controls, regulations, or a particular specialty and actively seeks to apply this knowledge in their role and pass it on to the wider audit team. Thinks beyond past routines about new issues or risks. Proficient with using statistical or modeling computing software if applicable. Demonstrates skills through advanced analysis of business processes and issue identification, as well as discussions with the project leader, audit manager, and auditees.
- Serves as a internal expert on complex Audit topics. Applies a deep understanding of core and advanced concepts in data analytics, relevant technology, the regulatory environment, the financial services industry, project management and business processes and can integrate these concepts into audit processes and leverage them to solve difficult problems. Regularly applies project management methodologies to effectively oversee multiple projects/staff across multiple audits.
- Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions. Develops effective solutions to sophisticated problems involving specialism. In such cases, contributes highly technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues. Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s). Follows up and validates sustainable resolution of issues on a timely basis. Identifies opportunities for the use of automation and actively takes part in advancing recommendations for software support requests.
To be successful in this role, we're seeking the following:
- Bachelor's degree or equivalent combination of education and work experience required. Degree in Accounting, Finance, along with technology audit experience is preferred. Related technology audit certification is preferred.
- 12-15 years of total work experience preferred. Prior experience with Big 4 and in Audit with Business technology Control testing is preferred. Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.
At BNY, our culture speaks for itself. Here's a few of our awards:
- America's Most Innovative Companies, Fortune, 2024
- World's Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion , Disability: IN 100% score, 2023-2024
- Most Just Companies, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits And Rewards
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
