Bank of the West Senior Audit Leader- VP Quality Assurance Review of Audits & Remediation in San Ramon, California
Senior Audit Leader- VP Quality Assurance Review of Audits & Remediation
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Inspection Générale North America (IGNA) Hub is part of BNP Paribas’ global Internal Audit group (Inspection Générale or “IG”) which is staffed by highly qualified individuals who perform risk-based reviews to provide reasonable assurance to senior management on the adequacy of internal controls and recommend control and efficiency improvements.
In line with the regulatory expectations, IGNA is building a team of Quality Assurance professionals to perform reviews of Conduct Risk audits applicable to Designated Market Activities on US and worldwide audit assignments.
Candidate Success Factors:
Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:
Results and Impact
Leadership and Collaboration
Client, Customer and Stakeholder Focus
Clear communication of Audit Techniques, Documentation, and Best Practices
The Quality Assurance professional will perform internal Quality Assurance reviews across BNP Paribas North America HUB on assignments, which provide audit coverage of all audit functions and activities. The Quality Assurance Review team will play a key role in providing reasonable assurance to stakeholders of internal audit activity on Information Technology, Credit Review, Financial Operations, Enterprise Risk Management, Compliance, Markets, and other audit activities.
A strong background in audit techniques, documentation, and testing practices, or consulting for Financial Services is a key requirement for this position.
Specific Responsibilities include:
Perform quality assurance reviews to assess accurate and consistent adherence to IG’s Audit Methodology , IIA Standards, and IG Policies and Procedures.
Determine if audits identify and assess risks and controls that adequately address the business environment.
Evaluate if audits clearly identify relevant laws, regulations, and industry best practices covered.
Review audit related documentation, including Work Program Memos, audit workpapers, and audit reports.
Performs QA over IG validation of regulatory and IG recommendations remediation activities performed by the Bank
Assess execution risks over selected remediation activities, including interdependencies, by assessing whether the underlying risks have been sufficiently challenged by the validation parties
Identifies lessons learned from regulatory recommendations issued to the Bank and to IA byperforming, coordinating or assisting in the preparation of post-mortems for continuous improvement purposes
Effectively communicates verbally and in writing with Bank’s stakeholders and IG Team Members
Write quality assurance review reports, including compliant and non-compliant attributes.
Identify improvement opportunities, offer specific recommendations, and provide feedback to the audit teams (collectively and/or individually) to improve their performance and execution of audits.
Monitor the quality of audit execution and documentation across audit teams and regions.
Maintain and update quality assurance templates on a regular basis, to reflect feedback from stakeholders or to incorporate new/changed regulatory expectations.
Keep abreast of the evolution of auditing standards and key regulations.
Develop and maintain relationships with other Quality Assurance professionals and other stakeholders.
Deliver clear presentations to Senior Management and IG Management.
Adopt and promote strong ethical values.
Bachelor's degree in applicable and related field (Accounting and/or Finance preferred).
Minimum of three to six years of audit and/or risk experience with audit or risk management in the banking industry.
Strong understanding of audit practices and risk management concepts and related regulatory expectations.
Strong understanding of the relevant risks and controls in a banking and operations environment.
Excellent verbal and written communication skills to interact effectively with the different stakeholders and regulators.
Ability to work in a team, liaise with other bank departments and adapt to new situations and approaches.
Relevant licenses and certifications. CIA preferred
Experience is Banking Risk Management improvement or remediation projects.
Strong knowledge of financial and banking products, banking industry and the related risks.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Location: United States-California-San Ramon
Other Locations: United States-Nebraska-Omaha, United States-Arizona-Tempe, United States-California-City of Industry, United States-California-San Francisco
Requisition ID: 059276