Key Responsibilities
- Review, revise and maintain a CUSO internal audit strategy that appropriately considers the relevant and evolving risks facing activities within the assigned audit perimeter, producing all the deliverables following IGL methodologies, as per the Audit Charter. Includes ownership of auditable entity risk assessment for continuous monitoring and annual planning.
- Participate in audit scheduling to ensure that all areas within the assigned audit perimeter are reviewed on an adequate schedule commensurate with risk, adjusting as necessary for risk level changes or significant events impacting the assessed risk.
- Execute the audit plan efficiently and effectively to meet the established target dates and budgets.
- Ensure audit reports are prepared in accordance with IGL standards, synthesize findings into balanced conclusions, and highlight key deficiencies, implications and recommended improvements. All audit reports are submitted to IGL senior management for review before issuance.
- Oversee audit execution to ensure quality performance and timely completion of risk and control assessment.
- Support professional competence and continuing professional development of assigned staff by:
- Providing regular and constructive feedback on performance, offering guidance and goals for further development motivating poor performers to improve and effective performers to continue or enhance performance;
- Identifying knowledge & skills gaps, developing training proposals and other solutions to address identified needs; and
- Participate in recruiting efforts, assessing the suitability of candidates for roles within the global department.
- Develop and maintain cooperative and productive relationships between the IGL and IGE teams and management of the assigned audit perimeter.
- Maintaining an ongoing dialogue with the appropriate level of management within the assigned audit perimeter as to the conduct of audit activities, control issues affecting their areas of responsibility, the status of outstanding control issues and changes in the activity, which may have an impact on the audit coverage or assessed risks.
- Manage and coordinate the program of audit recommendation follow-up per IGL methodology, assessing the status and effectiveness of corrective actions.
- Support the Americas’ Head of Audit to manage the relationship with external auditors and bank regulatory examiners, coordinating and facilitating inquiries, examinations and follow-up, and assuming additional responsibilities as required.