VP Internal Audit Capital Markets

Baltimore, MD
Aug 05, 2022
Aug 16, 2022
Full Time
Kforce's client, a world class financial services firm, seeks a Vice President Internal Audit for Capital Markets. The role can be located in NYC or Baltimore, MD. The person in the role will assist the Internal Audit department's Institutional Securities audit team in completing its annual audit plan, communicating to senior management and providing recommendations for improvements. This role will be 3 days in office & 2 days remote. Responsibilities include: * In this role, the VP Internal Audit Capital Markets will identify and assess areas of critical and high risks and evaluate the soundness of their controls as part of audits, continuous monitoring and closure verification work in order to formulate a point of view of the control environment * Drive discussions and asks probing questions to further dialogue with senior business stakeholders to understand risk drivers, control state, and impact * Plan and execute audits, continuous monitoring and closure verification work on sales, trading and support groups on time and within budgets * Provide guidance to junior staff as needed * Presents observations to line management, and assist with negotiating finalization of issues with senior client management * Plans deliverables with sufficient budget, time and skill sets for successful delivery while proactively monitoring budgets, resources and key metrics * The VP Internal Audit Capital Markets creates the messaging of risks and controls in the quarterly pack to senior management * Develops and maintains relationships with clients and related support groups * Participate in the annual audit planning process * 4 year college degree * Preferably CPA, CIA or other accounting qualification * Preferably CFA, FRM or other financial/risk qualification * 10 years of experience with Internal audit for financial services * Experience auditing loans is a plus * In-depth understanding of the operation of financial markets, financial instruments and strategies, business drivers specific to the Institutional line of business, and the associated regulatory environment * In-depth understanding of interest rates, foreign exchange and credit derivative products, cash products such as bonds, loans and spot fx as well as structured notes and loans products is preferred * Able to maintain a front-to-back view of gaps or unmitigated risks, and general awareness of controls from other audit functional areas * Experience in auditing capital market related products, trading and lending. * Communicates with impact, able to state risk and issues concisely and articulates impact in a structured manner both written and verbally * Experience in managing small team (2-3 members) Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.*Compensation Type:*Years