VP, Auditor, Markets and Wealth Services

• Lead or participate in the delivery of complex and challenging global audit assignments, with a primary focus on the Clearing Broker Dealer.
• Drive or participate in all phases of audit project execution including planning, fieldwork, and reporting in accordance with audit methodologies.
• Perform walkthroughs with process owners; document results in narratives/flowcharts; identify and document risks and controls; develop and execute testing strategy; prepare supporting work papers; and document test exceptions and conclusions.
• Elevate potential audit issues to the Audit Manager and business management as soon as they are identified.
• Identify and draft meaningful issues impacting the business under review and challenge management to develop appropriate remedial actions to address the issues identified.
• Follow-up on remedial actions to ensure corrective actions have been appropriately implemented and where necessary, test the design, operating effectiveness, and sustainability of implemented actions.
• Build strong relationships with key stakeholders in the business and risk management areas and with colleagues throughout the global Internal Audit team.
• Engage in and document Continuous Monitoring activities to identify new or changing risk conditions for the covered businesses.
• Apply advanced analytical problem-solving skills and assist others in solving complex issues and identifying innovative solutions.
• Contribute technical or specialized skill sets or business knowledge not readily available elsewhere in the department to solve audit issues.
• Identifies opportunities for the use of AI/automation and actively participate in advancing recommendations for software support requests.
• Maintain up-to-date knowledge of the industry, best practice and regulatory requirements.
• No direct reports. Demonstrate leadership through work guidance and training of less experienced peers and through advice to assigned clients.
• Contribute to the overall achievement of team goals.
• Carry out other ad-hoc tasks and projects as directed by audit management.

• Bachelor's degree or an equivalent combination of education and relevant work experience.
• Degree in Accounting, Finance, or another discipline requiring strong analytical and critical thinking skills.
• Certified Internal Auditor (CIA) designation or other risk management certifications preferred.
• 7-10 years of experience in financial services or banking, specifically within Internal Audit or Risk and Compliance Management.

Candidates must have deep knowledge of clearing broker dealer functions and the full trade lifecycle, including:

• Execution processes:
  Order routing, trade capture, and execution mechanics across various asset classes.
• Clearing operations:
  Trade comparison, affirmation, matching, and novation; understanding how clearing brokers mitigate counter party risk and ensure posttrade data accuracy.
• Settlement processes:
  Endtoend settlement cycles (e.g., T+1/T+2), including DVP/FOP, settlement instructions, fails management, and corporate action processing.
• Custody services:
  Asset safeguarding, custody controls, segregation requirements, reconciliations, asset servicing, and booksandrecords responsibilities.

Strong working knowledge of the regulatory environment governing financial services, including:

• U.S. securities laws and regulatory structure (e.g., Securities Exchange Act of 1934).
• FINRA rules applicable to broker dealers, including supervision, margin, customer protection, communications, and reporting.
• SEC requirements such as customer asset protection (Rule 15c33), net capital (Rule 15c31), and recordkeeping/reporting obligations.
• Regulations specific to clearing activities, including clearing agreements, fully disclosed vs. omnibus arrangements, and responsibilities under FINRA Rule 4311.
• SIPC coverage and protections, including how clearing firms safeguard customer assets.

Knowledge of the broader market ecosystem in which clearing brokers operate, including:

• Clearing corporations and depositories (e.g., NSCC, DTC) and their interactions with clearing firms.
• Trade reporting systems such as CAT and TRACE.
• Operational risk domains, including cybersecurity, business continuity, resiliency, and data integrity expectations.