EXTERNAL CLIENT ROLE
The Senior Auditor performs, under the supervision of a Lead Auditor, a preliminary assessment of the audited activity and its internal control framework. He/she performs independent testing and analysis on specific controls in order to meet the audit’s objectives. He/she also contributes to drafting the debriefing presentation and the final report sent to Management.
Depending on the assignment, Senior Auditors may have to directly supervise one or several Auditors and may act as deputy to the Lead Auditor.
The Senior Auditor may either work independently or supervise one or several auditors.
I – Conduct of assignment
When working independently, the Senior Auditor is responsible for carrying out audit work as assigned by the Lead Auditor within the defined timeframes in accordance with methodology and procedures and Internal Audit standards. This includes:
– To independently carry out audit planning and fieldwork, including:
– A preliminary assessment of the audited activity highlighting the related risks and controls
– Interviews, testing and analysis of the results of the controls planned in the audit program
– To document clearly and precisely in test sheets the controls performed and the conclusions reached
– To identify and report on strengths and weaknesses of the audited areas, to analyze the root causes and consequences of the identified weaknesses, to formalize possible remediation and recommendations to address the findings and to conclude on the effectiveness and efficiency of the control set-up and business practices
– To present audit conclusions to management and to the management of the audited unit (debriefing presentation, final audit report, etc.)
– To keep the Lead Auditor in charge of the assignment/ Local Head of Audit informed of the progress on the audit work assigned, and to escalate any issue that may impact or delay the audit’s execution or to raise any other relevant information on the assigned audit and the risk and control environment
– To conduct recommendations follow-ups to monitor whether adequate corrective actions have been taken prior to closing any recommendations
– To ensure proper archiving of any supporting documentation, audit evidence and deliverables.
II – Team management
The Senior Auditor, when supervising one or several Auditors, is responsible for:
– Training the Auditors on the audit techniques and expected deliverables
– Reviewing the work performed by the auditor to ensure that the test results and the findings are adequately documented and the recommendations are relevant
– Providing regular feedbacks to the Auditor and contributing to the definition of objectives and to the end of assignment assessment related to the team allocated during assignment
– Ensuring collaborative and productive relationships within the team and good coordination throughout the International Network and with auditees
III – Continuous Improvement Program / Transversal topics
The Senior Auditor contributes to the continuous improvement of methodologies and processes. As part of her/his responsibilities, she/he can be requested to:
– Prepare or update audit guides, scorecards or training materials related to specific activities based on existing knowledge, documentation, interviews, etc.
– Monitor the implementation of recommendations issued
– Build and share knowledge
– Participate in one or several knowledge communities
The Senior Auditor is regularly trained on banking and regulatory matters and must always maintain a sufficient knowledge of the audited area she/he is responsible for. She/he must complete all the mandatory trainings within the defined timelines.
Management and Reporting
Direct reporting line to a Local Head of Audit / Audit Supervisor
During an assignment the Senior Auditor reports to the Lead Auditor in charge of the assignment or to another Senior Auditor depending on the organization of the assignment
Role specific requirements
This role may require business travels in any relevant locations to conduct the assigned audits, for periods up to several consecutive weeks.
Auditors must comply with the Audit Charter, in particular the five fundamental ethical principles (integrity, objectivity, confidentiality, expertise, and transparency) and all other locally applicable regulations.
• Bachelor or Masters’ degree in accounting, business, finance, engineering or related field
• Industry recognized certification (CPA, CIA, CISA, CAMS, CGSS)
• 2-5 year experience in audit (internal / external) or banking organization
• Previous experience in a bank
• Proficiency in Word, Excel and Powerpoint
• Analytical skills
• Verbal and written communication skills
• Ability to deliver under time pressure
• Team spirit
• Fluent in English
• Relationship management
• Ability to work in multi-disciplinary and multicultural teams
• Basic French
Skills & Knowledge Requirements:
• Auditing techniques
• Understanding of the risks generated by banking / securities activities
• Understanding of Financial Security, AML, International Sanctions