Audit Manager - Treasury/Liquidity Risk

Job Level: Vice President

Job Function: Governance & Assurance

Location:

Charlotte, NC, US, 28202

Employment Type: Full Time

Requisition ID: 6141

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

SMBC is seeking an experienced Treasury/Liquidity Risk Audit Manager with a minimum of seven years of experience in the banking and finance industry to work within the Internal Audit Department.

The Audit Manager will report to the Risk Stripe Lead and be responsible for designing and supervising the execution of internal audits of varying complexity. The Audit Manager will confirm that audit work is performed in accordance with IIA standards and IAD policies and procedures and will participate as a team member on other audit engagements or projects.

Role Responsibilities:

Manage audit teams to execute high-quality reviews within prescribed timeframes.
Direct and supervise audits from inception through completion, including planning, testing, issue identification, workpaper review, and reporting.
Provide support, coaching, and feedback to audit team members, which may include internal or co-sourced internal audit professionals.
Communicate effectively with stakeholders and audit senior management to clearly articulate audit strategy, testing results, and corrective measures.
As needed, assist with the delivery and execution of IAD’s broader audit plan and assurance responsibilities.
Participate in quarterly and annual continuous monitoring and risk assessment processes to identify business trends and changes in the business risk profile.
As needed, assist with special projects related to business process improvements or departmental strategic initiatives.
Track and validate the closure of issues raised by the department and regulators.
Develop, promote, and maintain collaborative and strong working relationships with Americas Division business heads, external auditors, and regulators.

Qualifications and Skills

Minimum of seven years of internal audit experience in the banking and finance industry.
Subject matter expertise in Treasury and Liquidity Risk, including asset-liability management (ALM), interest rate risk, liquidity risk management and stress testing, funding and liquidity planning, and related regulatory requirements.
Advanced understanding of applicable regulatory standards and guidance for a Bank Holding Company.
Understanding of audit techniques, internal controls, and workpaper standards.
Excellent communication, presentation, and professional skills, including the ability to interact effectively at all levels of the organization.
Bachelor’s degree in Accounting, Finance, or a related field. FRM or CFA certification is a plus.

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.