Director of Audit -IT Infrastructure - City National Bank
Los Angeles, CA
About the Job
DIRECTOR OF AUDIT -IT INFRASTRUCTURE
WHAT IS THE OPPORTUNITY?
Manages a team of auditors in the comprehensive assessment of enterprise wide risk management practices through the monitoring and audit of the internal controls relating to our internal network, security, administration, telecommunications and contingency planning that support the products and services of the bank. Evaluates business risks, analyze business processes, formulate solutions, and make recommendations where appropriate to improve the operational/system efficiencies and effectiveness. Serves as an audit representative during internal development projects and champion the development of an effective internal control environment.
Understanding of Infrastructure Auditing (e.g. Networking, Databases, Cloud Technology, Active Directory, etc.)
What you will do
+ General AdministrationUsing a thorough understanding of the company’s systems, technology, hardware, business process, policies and procedures sets the strategic direction for the IT Audit function. Identifies potential areas of risk exposure to evaluate their significance, improve system controls, reduce expenses and improve earnings. Oversees the effective operations of the IT Audit group including evaluating the adequacy and effectiveness of the company’s technology control environment. Effectively interfaces with Financial & Operational Audit teams to support integrated audits. Directs the promotion, collection and dissemination of IT-related best practices in conjunction with audit activities. Staffing Performance and Mentoring Demonstrates team building, coaching, mentoring and leadership skills. Provides performance evaluation, counseling and managing other personnel-related activities. Considers and supports employee training and career development. Provides leadership, guidance and training to other auditors. Prepares annual schedule; monitors and reports progress including recommended scheduling modifications based on changes in a unit’s or function’s risk profile. Prepare, monitors and controls budget performance. Develops strong working relationships management to actively respond to changing risks.
+ Product/Business/Technology Knowledge Maintains awareness of new services, products and events that have a significant information technology and business impact. Keeps abreast of changes in the business, regulatory, and accounting and control environments in which City National Bank operates. Reviews and participates in updating risk evaluation programs and the necessary audit software for new procedures, applications or projects. Reviews and evaluates the effects of system changes on existing product applications.
+ Audit Phase: Planning Performs pre-audit analyses, design audit programs and leads audit reviews. Establishes risk evaluation objectives and ensures overall scope of evaluation meet established objectives. Reviews and approves risk evaluations, concentrating on the correct identification of key risks and the efficient and productive use of resources to address those risks.Participates in the audit planning meetings and approve final audit plans and resources.
+ Audit Phase: Execution On an ongoing basis, manages the audit engagement progress and insures the appropriate level of effort is provided given the complexity or level of risk resident in the areas being monitored or audited. Keeps management informed of potential issues through periodic and timely updates. Reviews work papers to ensure that the work performed identifies all relevant internal controls, includes appropriate test procedures, properly documents the work performed and any observations presented. Initiates and completes special project assignments such as due diligence, target reviews, task force projects of specific ad hoc reviews as directed by the Audit Director. Keeps the Audit Director apprised of the audit status and any significant observations identified during audit engagements.
+ Audit Phase: Reporting Attends closing meetings and monitors issue communication and management response.Ensures all audit reports are well written, clear, concise, and delivered in a timely manner.Tracks, monitors and evaluates management’s corrective actions to address deficiencies or recommendations.
+ In conjunction with the Audit Director, assists the Audit & Risk Committee and executive management in identifying and controlling IT-related risks associated with the achievement of company financial reporting and operational and compliance objectives.
Must-Have*
+ Bachelor's Degree or equivalent
+ Minimum of 10 years of progressive experience within a top tier financial services organization or Big “4” public accounting firm required.
+ Minimum of 5 years experience managing staff required.
Skills and Knowledge
+ CISA, CIA, CISSP and/ or MBA are strongly preferred.
+ Knowledge of the Paisley GRC system highly desirable.
+ Passion for client service, strong work ethic, highest integrity and a can-do positive attitude.
+ Excellent working knowledge of industry audit processes, business policies and current business and information technology developments.
+ Demonstrate experience in audit-related fields, including a working knowledge of appropriate risk management techniques as well as a strong understanding of audit processes and internal controls.
+ Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
+ Ability to initiate and implement continuous improvement of the Risk Evaluation & Monitoring process
+ Strong leadership skills. Excellent communication skills, oral and written. Ability to interact effectively with management and staff at all levels.
Compensation
Starting base salary: $141,830 - $263,408 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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
WHAT IS THE OPPORTUNITY?
Manages a team of auditors in the comprehensive assessment of enterprise wide risk management practices through the monitoring and audit of the internal controls relating to our internal network, security, administration, telecommunications and contingency planning that support the products and services of the bank. Evaluates business risks, analyze business processes, formulate solutions, and make recommendations where appropriate to improve the operational/system efficiencies and effectiveness. Serves as an audit representative during internal development projects and champion the development of an effective internal control environment.
Understanding of Infrastructure Auditing (e.g. Networking, Databases, Cloud Technology, Active Directory, etc.)
What you will do
+ General AdministrationUsing a thorough understanding of the company’s systems, technology, hardware, business process, policies and procedures sets the strategic direction for the IT Audit function. Identifies potential areas of risk exposure to evaluate their significance, improve system controls, reduce expenses and improve earnings. Oversees the effective operations of the IT Audit group including evaluating the adequacy and effectiveness of the company’s technology control environment. Effectively interfaces with Financial & Operational Audit teams to support integrated audits. Directs the promotion, collection and dissemination of IT-related best practices in conjunction with audit activities. Staffing Performance and Mentoring Demonstrates team building, coaching, mentoring and leadership skills. Provides performance evaluation, counseling and managing other personnel-related activities. Considers and supports employee training and career development. Provides leadership, guidance and training to other auditors. Prepares annual schedule; monitors and reports progress including recommended scheduling modifications based on changes in a unit’s or function’s risk profile. Prepare, monitors and controls budget performance. Develops strong working relationships management to actively respond to changing risks.
+ Product/Business/Technology Knowledge Maintains awareness of new services, products and events that have a significant information technology and business impact. Keeps abreast of changes in the business, regulatory, and accounting and control environments in which City National Bank operates. Reviews and participates in updating risk evaluation programs and the necessary audit software for new procedures, applications or projects. Reviews and evaluates the effects of system changes on existing product applications.
+ Audit Phase: Planning Performs pre-audit analyses, design audit programs and leads audit reviews. Establishes risk evaluation objectives and ensures overall scope of evaluation meet established objectives. Reviews and approves risk evaluations, concentrating on the correct identification of key risks and the efficient and productive use of resources to address those risks.Participates in the audit planning meetings and approve final audit plans and resources.
+ Audit Phase: Execution On an ongoing basis, manages the audit engagement progress and insures the appropriate level of effort is provided given the complexity or level of risk resident in the areas being monitored or audited. Keeps management informed of potential issues through periodic and timely updates. Reviews work papers to ensure that the work performed identifies all relevant internal controls, includes appropriate test procedures, properly documents the work performed and any observations presented. Initiates and completes special project assignments such as due diligence, target reviews, task force projects of specific ad hoc reviews as directed by the Audit Director. Keeps the Audit Director apprised of the audit status and any significant observations identified during audit engagements.
+ Audit Phase: Reporting Attends closing meetings and monitors issue communication and management response.Ensures all audit reports are well written, clear, concise, and delivered in a timely manner.Tracks, monitors and evaluates management’s corrective actions to address deficiencies or recommendations.
+ In conjunction with the Audit Director, assists the Audit & Risk Committee and executive management in identifying and controlling IT-related risks associated with the achievement of company financial reporting and operational and compliance objectives.
Must-Have*
+ Bachelor's Degree or equivalent
+ Minimum of 10 years of progressive experience within a top tier financial services organization or Big “4” public accounting firm required.
+ Minimum of 5 years experience managing staff required.
Skills and Knowledge
+ CISA, CIA, CISSP and/ or MBA are strongly preferred.
+ Knowledge of the Paisley GRC system highly desirable.
+ Passion for client service, strong work ethic, highest integrity and a can-do positive attitude.
+ Excellent working knowledge of industry audit processes, business policies and current business and information technology developments.
+ Demonstrate experience in audit-related fields, including a working knowledge of appropriate risk management techniques as well as a strong understanding of audit processes and internal controls.
+ Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
+ Ability to initiate and implement continuous improvement of the Risk Evaluation & Monitoring process
+ Strong leadership skills. Excellent communication skills, oral and written. Ability to interact effectively with management and staff at all levels.
Compensation
Starting base salary: $141,830 - $263,408 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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
Source : City National Bank