Regulatory Audit Officer

Company:  Career Developers
Location: Manhattan
Closing Date: 03/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
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Career Developers Inc., a distinguished staffing and consulting firm, is proud to celebrate 30 years of service excellence. As a GSA Contract holder, we offer comprehensive staffing solutions for both commercial and government sectors nationwide. By selectively partnering with clients who share our values, we ensure productive collaborations that set us apart in the industry. Our dedication to candidates involves managing expectations with precision through business intelligence, thorough interview preparation, transparent communication, and exceptional feedback throughout the process.

We are committed to advancing your career and look forward to supporting your professional growth.

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Regulatory Audit Officer (FHFA regulation)

Location : Manhattan - 3 days a week - Hybrid

Salary : 155-175K + 12% + Penson

Position Overview :

Perform financial audits for the Bank, including developing risk-based audit procedures, reviewing and analyzing evidence, documenting work processes, and identifying and defining audit issues. Working both independently and as a member of a team to assist with the timely completion of the audit plan.

Perform validation work of both audit and FHFA finding remediations. Ensure compliance with industry standards and regulations. Collaborate with management to mitigate regulatory and control risks. Working independently and as a team member to assist with the timely completion of the audit plan.

Essential Job Function:

Develops and maintains professional relationships with the regulatory agency.

Stays current with regulatory requirements and industry trends, providing guidance and recommendations to the IA team on the impact of such changes.

Validate regulatory finding remediation efforts to ensure that the finding was remedied, and that proper documentation was supplied to the regulator.

Work closely with and/or effectively challenge business staff and review relevant documentation to identify significant process risks and organizational governance issues.

Review regulatory findings; Analyze and execute process improvement recommendations.

Prepare and present detailed audit reports to management and regulatory bodies regarding finding remediation.

Oversee and maintain internal inventory of regulatory deliverables by utilizing internal data sources and coordinating with relevant owners on remediation timelines.

Lead follow-up process on audit recommendations, including implementing corrective actions.

Performs substantive testing of regulatory and audit findings to validate that issues have been adequately remediated over time.

Assists the audit staff in audit test work and control review as required.

Assist with logistics coordination, including scheduling regulatory meetings and ad-hoc tasks.

For purposes of this position description, it is an essential function of this job for the employee to be present in the employee's Bank-designated office to conduct in-person collaborative work to help foster the delivery of high-quality work, subject to the requirements of the Bank's leave policies.

Skills :

Strong interpersonal, communication (verbal and written) and analytical skills.

Experience: 7 to 10 years of audit experience (internal or external)

Education: A Bachelor's degree in accounting, finance, or management science is required.

Credentials: Audit-related certification preferred (i.e. CPA, CIA, CFE, or CISA).

Current hybrid schedule :

Department specific 3 days in the office and 2 days remote, and subject to change per management.

New hires are required to work 4 days for the first 45 days.

Should be capable of working remotely and have a proper setup (homework station with the proper equipment; there is no purchase reimbursement).

INDH

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