Internal Audit-Transaction Banking, Associate, Dallas

Internal Audit, Transaction Banking, Vice President

General Responsibilities:

• Develop and maintain an in-depth understanding of transaction banking business areas, its products, and supporting functions
• Assist in every step of an audit including scoping, planning, fieldwork and reporting
• Execute audit testing and supervise junior team members to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
• Identify risks, assess mitigating controls, and make recommendations on improving the control environment
• Prepare commercially effective audit conclusions and findings, and present to IA senior management and business clients
• Follow-up on open audit issues and their resolution
• Assist in the audit team's continuous monitoring effort to cover market and regulatory events, business and technology updates and audit/reviews completed
• Participate in department-wide initiatives aimed at continually improving IA's processes and supporting infrastructure

General Skills and Experience:

• Team-oriented with a strong sense of ownership and accountability
• Strong leadership, interpersonal, and relationship management skills
• Strong verbal and written communication skills
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
• Solid analytical skills

Specific Audit Skills and Experience:

• Experience related to payments or transaction/corporate banking is required

Transaction Banking Team Specific Skills and Experience:

• Approximately 5+ years of experience in internal audit, or a related control function in transaction banking
• Experience auditing BIN program, virtual accounts, money movements and payment rails such as CHAPS, FEDWIRE, Bacs and SEPA is a plus
• Strong understanding of payment processing program components, risks and controls
• 4-year degree in finance and business
• Relevant certification or industry accreditation (e.g., CPA, CFA, CIA, CAMS, FRM) is a plus
• Experience with Data Analytics is a plus
• Experience in managing integrated business and technology audits for detail-oriented team players who have an interest in financial markets and want to gain insight into the firm's operations and control processes.