As an audit manager, this role will work as part of a team of audit professionals helping to evaluate complex business challenges. This role is responsible for leading and executing audit engagements primarily focused on the firm's Wealth Management business activities. These engagements include, but are not limited to, Private Banking, Wealth Management Operations, and Trust Administration. The audit manager will partner closely with business leaders across the wealth management, investment advisory, trust, brokerage businesses to evaluate key operational, financial and compliance risks. This role requires a strong understanding of private banking, wealth management, trust products, fiduciary standards, asset management and applicable regulations (e.g., OCC, SEC)
Salary Range
The salary range for this position is $81,700 - $165,100. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
Planning and Completion of Audit Projects
* Serves as a subject matter expert with advanced organizational, technical knowledge and auditing skills.
* Manages complex audits and provides oversight and feedback to all team members of the audit
* Prepares work plans including documents such as the Operational Scope Memo, Risk Control Assessment, and creation of audit program steps.
* Executes testing associated with the field work phase of the audit and ensures workpapers satisfy audit program steps and supports the results of field work. Reviews evidence, root cause, and draft proposed audit observations and recommendations for improvement. In addition, reviews follow up work on audit report findings to ascertain that management implemented their corrective action plan timely.
* Create audit reports and other outputs intended for audit clients including editing and integrating final work products and reports to support client review and discussion.
Special Projects
* Participate in special projects as requested by management. Examples include annual risk assessments, assisting external auditors and examiners or participating on selected committees.
Key Competencies
Establish Plans & Priorities:
* Determines a course of action and establishes a timeframe to complete individual objectives and team goals.
Problem Solving:
* Identifies the root cause of identified issues by consulting with line of business personnel and subject matter experts. Demonstrates strong critical thinking and technical skills and manages complex tasks.
Drive and Execution:
* Self-motivated and takes initiative; proactively learns new skills and develops self for current performance and future growth; demonstrates a desire to learn and actively seeks ways to improve current methods, systems, processes, and procedures.
Communication:
* Exhibits strong communication skills with the ability to clearly articulate and convey information and ideas at all levels of the organization.
* Demonstrates an understanding of who will be affected by an issue or change and ensures all stakeholders are kept informed.
Collaboration:
* Actively seeks, develops, and maintains trusted relationships with others in the department and external to the department to achieve corporate business goals and objectives.
* Effectively identifies solutions by engaging different ideas, perspectives, and line of business expertise when analyzing a situation or developing a solution.
* Provides knowledge, information, ideas, and suggestions to accomplish mutual goals within the department and those external to the department.
Qualifications and Education Requirements
* Bachelor's degree in accounting, finance, or business-related field.
* Ten or more years of audit or relevant banking or consulting experience.
* Professional certification (CPA, CIA, CFIRS, etc.) strongly preferred
* Knowledge of Wealth Management, Private Banking, Trust, and Fiduciary standards along with applicable banking regulations and regulatory guidance
* Strong communication and collaboration skills.
* Ability to work within strict deadlines.
Key Measures of Success
* Serves as a role model relative to project management by placing an appropriate emphasis around the timing of deliverables, anticipating resource/deadline challenges, and meeting personal deadlines in support of the team.
* Consistently demonstrates an advanced level of business (e.g., products, processes, services) and organizational knowledge and takes steps to continuously update this understanding as it pertains to assigned business units.
* Provides strategic leadership to team through application of advanced competencies in technical skills, logical reasoning, and overall audit proficiency.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!
