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Director of Audit- Finance

City National Bank

Los Angeles, CA(remote)

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JOB DETAILS
SALARY
$154,000–$253,000 Per Year
SKILLS
Auditing, Banking Services, Business Analysis, Business Intelligence, Business Performance Management, Business Plan, Business Processes, Business Strategy, CISA - Certified Information Systems Auditor, CISM - Certified Information Security Manager, CISSP - Certified Information Systems Security Professional, Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Communication Skills, Community Support, Comprehensive Capital Analysis and Review (CCAR), Continuous Improvement, Corporate Planning, Customer Relations, Customer/Client Research, Data Analysis, Data Visualization, Dental Insurance, Entrepreneurship, Establish Priorities, External Audit, Federal Deposit Insurance Corp (FDIC), Finance, Financial Audit, Financial Compliance, Financial Management, Financial Planning, Financial Regulations, Financial Reporting, Financial Services, Funds Transfer Pricing, Health Plan, Information Technology/Systems Audit, Interest Rates, Internal Audit, Leadership, Liquidity, Maintain Compliance, Matrix Management, Mentoring, Multitasking, Network Support, Organizational Skills, Outsourcing, People Management, Presentation/Verbal Skills, Process Analysis, Public Accounting, Purchasing/Procurement, Real Estate, Regulations, Regulatory Compliance, Regulatory Reports, Risk, Risk Analysis, Risk Management, Sales Qualification, Sarbanes-Oxley Act (SOX), Tableau, Tax Accounting, Team Lead/Manager, Time Management, Treasury, Treasury Accounting, Vision Plan, Writing Skills
LOCATION
Los Angeles, CA
POSTED
Today
DIRECTOR OF AUDIT-TREASURY/FINANCE
WHAT IS THE OPPORTUNITY?
The Director of Audit for Finance will manage a team of Financial and IT audit professionals in overseeing audits in compliance with key regulations such as FDICIA (FDIC Improvement Act), SOX (Sarbanes-Oxley Act), and CCAR (Comprehensive Capital Analysis and Review). Responsible for various internal audit assurance activities for core Finance auditable entities including Treasury, Accounting & Tax, Financial & Regulatory Reporting, Corporate Development & Strategy, Financial Performance Management, Corporate Real Estate, Procurement, and Data, Client & Business Intelligence. Evaluate business risks, analyze business processes and controls, and make recommendations where appropriate to improve the control environment for Finance.
WHAT WILL YOU DO?
  • Audit Assurance: Oversee the annual FDICIA/SOX audit to ensure timely completion and communicate control deficiencies identified to management; coordinate with external audit and outsourced SOX internal audit firm.Prepare annual audit plan for Finance audit entities and design multi-year audit approach for the Finance audit universe to assess the adequacy and effectiveness of the internal control environment. Ensure timely and complete execution of audits in the annual plan. Review audit findings and audit reports drafted by the audit team for submission to the Senior Director. Lead the execution of continuous monitoring and adjust audit plan as necessary. Evaluate and escalate opportunities for internal control improvements.
  • Data Analytics and Technology: Leverage data analysis and insights across the enterprise, and across all stages of the audit lifecycle, to apply to the audit portfolio.Foster the development of key relationships with data stewards and heads of platform technology to understand key applications and data sources.Achieve deeper insight into the root-causes and potential impact of audit issues using analytics.
  • Advise Executives on internal controls and governance during audit fieldwork and reporting. Conduct proactive and ongoing discussions with business leaders. Influence key sponsors and stakeholders to gain buy-in, overcome challenges, and deliver on high priority initiatives.
  • Work with efficiency and effectiveness, maintaining Internal Audit methodology and standards, in the planning, execution and reporting of deliverables.
  • Supports the continuous improvement of audit methodologies, audit approach and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.
  • Direct, counsel, and manage a staff of internal auditors assigned to engagements and review audit plan, findings, and reports for sufficient scope, accuracy, appropriateness of conclusions and compliance with requirements.
  • Coordinate and manage regulatory requests and examinations with bank regulators and external audit.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
  • 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
  • Minimum of 5 years experience managing staff
Additional Qualifications
  • Experience in Corporate Treasury, specifically Liquidity Risk Management, Interest Rate Risk in the Banking Book, and Funds Transfer Pricing, is preferable
  • Experience in Capital Planning and Finance
  • Professional Designation (CIA, CPA, CISA, CISSP, CISM) preferred
  • Demonstrated history of building inclusive and diverse teams or committees
  • Demonstrated experience in working in a matrixed organization with proven ability to multitask and prioritize activities
  • Experience leading, coaching and mentoring direct reports
  • Audit assurance and advisory experience
  • Strong understanding of financial and regulatory compliance risk
  • Experience working with US regulators such as OCC, Federal Reserve, etc
  • Strong experience in use of data analytics, visualization and reporting – e.g. Tableau.
  • Experience planning integrated business audits with technology auditors
  • Understanding of core technology (applications and infrastructure)
  • Experience in data analytics (data gathering, transformation, analytics, and reporting)
  • Strong leadership skills. Excellent communication skills, oral and written. Ability to interact effectively with management and staff at all levels

WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $154,000 - $253,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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 including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.

ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

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About the Company

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City National Bank