Audit Senior Manager; Treasury-Liquidity

• Title:
  
  Audit Senior Manager (Treasury-Liquidity)
• Type:
  Full Time
• Experience:
  
  5+ Years
• Function:
  Auditing
• Location:
  
  New York, NY, United States
• Company:
  American Express

American Express is a globally integrated payments bank. It provides financial services with access to products, insights, and world-class experiences.

The bank is searching for an Audit Senior Manager (Treasury-Liquidity) who will align with key risk areas and business units to ensure IAG can provide comprehensive and risk-based audit coverage
.

Responsible for managing audit operations, quality, and standards; regulatory relations; reporting; training and professional development; and key internal capabilities and technologies.

• Bachelor’s Degree in Accounting, Economics, or Finance

• 5+ years of relevant work experience in one of the following
  - LoD Treasury (Liquidity)
  LoD Treasury Risk Oversight
  Internal Audit at a major financial institution in the U.S. (i.e., Category I, II, or III banking institution under the Tailoring Rules)
• Experience validating internal controls and a deep understanding of risk assessment concepts to assess and challenge the existing controls framework supporting liquidity risk management.

• Develop effective stakeholder relationships and have a strong understanding of the Company’s business model, its products, services, and organizational units. Identify and calibrate the primary sources of risk and design an effective audit test plan to assess the control environment. Lead meetings with internal and external stakeholders.
• Develop ideas and implement data analytics in support of the department’s Next Gen initiative.
• Effectively challenge the First- and Second-line Treasury and Risk Management teams to ensure that the key governance, risk management, and internal control processes are adequately designed and operating effectively.
• Effectively coach and mentor the less experienced colleagues and co-sourced resources in geographically diverse locations across all aspects of their role, the audit and analytic lifecycle, audit methodology, best practices, and banking concepts and products (including associated risks and controls).
• Execute continuous business monitoring with an external perspective and an enterprise mindset.
• Execute the internal audit process, including all requirements for audit planning, execution, report writing, and discussions with stakeholders on any potential audit findings for the Treasury portfolio focusing on Liquidity Risk Management (LRM).
• Remain current on the regulatory rules addressing LRM, including (but not limited to) Regulations YY and WW, and changes within the industry that may impact audit coverage/audit plan.
• Validate management’s corrective actions to address audit findings and regulatory gaps. This involves reviewing applicable regulatory requirements, assessing/confirming compliance gaps, and evaluating management’s remediation activities to confirm that the regulatory requirements are effectively and sustainably addressed.

• CFA, CPA, CIA, and CRMA certifications.
• Experience in liquidity risk management including, but not limited to internal liquidity stress testing, cash flow forecasting, intraday liquidity risk management, collateral management, contingency funding planning, liquidity risk limits calibration/monitoring (including LCR), FR 2052a reporting, etc.
• Knowledge of other Treasury risk areas (e.g. ALM, capital risk management, CCAR).
• Background in information systems, data analytics, or information technology.
• Experience interacting with U.S. regulatory examiners.

• Effective project management skills, the ability to manage competing…