Audit Manager II- Wealth Management - City National Bank
Los Angeles, CA 90071
About the Job
MANAGER OF AUDIT II- WEALTH MANAGEMENT WHAT IS THE OPPORTUNITY? The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detail audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to the Audit Senior Manager/Director and senior management in meetings, presentations, and/or written reports and memorandums
Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations
What you will do Audit and Assurance General RequirementsPlans, executes and evaluates audit test plans for projects of medium to high complexity with a risk-based audit approach.Assesses risks and controls, designs comprehensive audit programs, executes audit procedures, supervises and reviews the work of others, analyzes and synthesizes results of testing performed, effectively communicates results to senior management to affect change, and delivers well written audit reports and other forms of communication
Manages staff assigned to engagements, and collaborates with other audit groups to effectively plan, integrate and execute audits.Understands fraud, BSA/AML and general IT risks in order to identify and assess key control activities in business processes
Assesses information security and privacy policies and procedures to identify weaknesses within the business process or activity being audited.Leads and executes continuous monitoring activities periodically for the area assigned
Gathers and evaluates information received from business units and other external/regulatory sources.Ability to multi-task and work in a dynamically changing environment.Complies fully with all Bank policies, procedures, audit methodologies, training and regulatory requirements
Data Analytics and Technology:Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools.Execute basic analyses (e.g
descriptive) and create simple visualization using standard tools.Develop requests for advanced analytics by providing detailed and clear questions to the Data Analytics Lead or Data Scientist.Applies advanced analytical techniques to test hypotheses and add insights into audit findings.Understands concepts of data lineage and data stewardship in order to develop effective data analytics that provide the insights
Relationship Building and Client ExperienceSupports the Audit Director proactively in their ongoing monitoring and discussions with business management.Continuously builds trusting relationships with Internal Audit peers and business management.Acts as the key contact and responds to inquiries from business throughout the audit process.Challenges others’ thinking or approaches in a constructive manner.Advises stakeholders on internal control and governance matters and conducts proactive and ongoing risk management discussions with business leaders.Influences key stakeholders to gain buy-in, overcomes challenges and delivers on high priority initiatives, and draws conclusions or makes recommendations based on audit evidence that may involve ambiguity
Staff Performance and MentoringActs as a role model/mentor to more junior auditors and provides constructive feedback.Enhances and maintains staff morale
Prepares and conducts formal/informal training for less experienced staff members.May participate in interviews and evaluations of new applicants
Must-Have* Bachelor's Degree or equivalent Minimum 5 years of audit or related experience in banking operations, compliance, and/or risk management activities
Minimum 3 years of experience conducting internal audits within financial institutions and supervising staff
CPA - Certified Public Accountant Or CIA - Certified Internal Auditor Or CISA - Certified Information Systems Auditor Or CFIRs - Certified Fiduciary Investment Professional Or CRCM - Certified Regulatory Compliance Manager Skills and Knowledge Strong verbal and written communication skills to effectively present to peers and business management
Demonstrated negotiation and leadership skills needed to convey ideas and obtain management buy-in for constructive change
Effectively manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills
Strong understanding of internal auditing standards, COSO and risk assessment practices
Strong understanding of internal control concepts and application of such
Strong working knowledge of banking industry laws and regulations
including asset management and fiduciary regulations
Experience in planning and juggling multiple projects and with varying team members
Experience in coaching junior auditor
Compensation Starting base salary: $101,231 - $172,355 per year
Exact compensation may vary based on skills, experience, and location
This job is eligible for bonus and/or commissions
*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues
Get an inside look at our Benefits and Perks
ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024
Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C
and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets
City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves
*City National Bank does business in Miami and the state of Florida as CN Bank
For more information about City National, visit cnb.com
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct
READ MORE If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process
Please contact us via email or leave a message at
These contact methods are dedicated to applicants whose disability prevents them from successfully applying online
Only messages left for this purpose will be returned
Responses may take up to two business days.
Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations
What you will do Audit and Assurance General RequirementsPlans, executes and evaluates audit test plans for projects of medium to high complexity with a risk-based audit approach.Assesses risks and controls, designs comprehensive audit programs, executes audit procedures, supervises and reviews the work of others, analyzes and synthesizes results of testing performed, effectively communicates results to senior management to affect change, and delivers well written audit reports and other forms of communication
Manages staff assigned to engagements, and collaborates with other audit groups to effectively plan, integrate and execute audits.Understands fraud, BSA/AML and general IT risks in order to identify and assess key control activities in business processes
Assesses information security and privacy policies and procedures to identify weaknesses within the business process or activity being audited.Leads and executes continuous monitoring activities periodically for the area assigned
Gathers and evaluates information received from business units and other external/regulatory sources.Ability to multi-task and work in a dynamically changing environment.Complies fully with all Bank policies, procedures, audit methodologies, training and regulatory requirements
Data Analytics and Technology:Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools.Execute basic analyses (e.g
descriptive) and create simple visualization using standard tools.Develop requests for advanced analytics by providing detailed and clear questions to the Data Analytics Lead or Data Scientist.Applies advanced analytical techniques to test hypotheses and add insights into audit findings.Understands concepts of data lineage and data stewardship in order to develop effective data analytics that provide the insights
Relationship Building and Client ExperienceSupports the Audit Director proactively in their ongoing monitoring and discussions with business management.Continuously builds trusting relationships with Internal Audit peers and business management.Acts as the key contact and responds to inquiries from business throughout the audit process.Challenges others’ thinking or approaches in a constructive manner.Advises stakeholders on internal control and governance matters and conducts proactive and ongoing risk management discussions with business leaders.Influences key stakeholders to gain buy-in, overcomes challenges and delivers on high priority initiatives, and draws conclusions or makes recommendations based on audit evidence that may involve ambiguity
Staff Performance and MentoringActs as a role model/mentor to more junior auditors and provides constructive feedback.Enhances and maintains staff morale
Prepares and conducts formal/informal training for less experienced staff members.May participate in interviews and evaluations of new applicants
Must-Have* Bachelor's Degree or equivalent Minimum 5 years of audit or related experience in banking operations, compliance, and/or risk management activities
Minimum 3 years of experience conducting internal audits within financial institutions and supervising staff
CPA - Certified Public Accountant Or CIA - Certified Internal Auditor Or CISA - Certified Information Systems Auditor Or CFIRs - Certified Fiduciary Investment Professional Or CRCM - Certified Regulatory Compliance Manager Skills and Knowledge Strong verbal and written communication skills to effectively present to peers and business management
Demonstrated negotiation and leadership skills needed to convey ideas and obtain management buy-in for constructive change
Effectively manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills
Strong understanding of internal auditing standards, COSO and risk assessment practices
Strong understanding of internal control concepts and application of such
Strong working knowledge of banking industry laws and regulations
including asset management and fiduciary regulations
Experience in planning and juggling multiple projects and with varying team members
Experience in coaching junior auditor
Compensation Starting base salary: $101,231 - $172,355 per year
Exact compensation may vary based on skills, experience, and location
This job is eligible for bonus and/or commissions
*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues
Get an inside look at our Benefits and Perks
ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024
Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C
and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets
City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves
*City National Bank does business in Miami and the state of Florida as CN Bank
For more information about City National, visit cnb.com
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct
READ MORE If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process
Please contact us via email or leave a message at
(213) 673-9139
These contact methods are dedicated to applicants whose disability prevents them from successfully applying online
Only messages left for this purpose will be returned
Responses may take up to two business days.
Source : City National Bank