Job Summary:The Risk Advisory Services - Financial Services ("RAS-FS") Senior Associate is responsible for providing risk consulting and issues resolution to financial services clients in the areas of internal audit, business process improvement/transformation, regulatory compliance, risk management, information technology, and/or Sarbanes-Oxley ("SOX"). In this role, the RAS-FS Senior Associate participates in all stages of an internal audit and/or consulting engagement, and provides assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations regarding client risk management.This position may work a sporadic and fluctuating schedule.Job Duties: Acts as the primary day-to-day contact for clients regarding basic questions and information Develops and monitors budgets (budget-to-actual) for all assigned engagements Conducts informational interviews, and facilitates meetings with clients during engagement process Obtains information, documents, and data from clients to support the completion of analysis and research of client issues Documents and analyzes client processes, risks, and controls, with guidance and direction from senior RAS-FS professionals Develops initial deliverables and/or solutions to client issues Reassesses risk and communicates with senior RAS-FS professionals and/or client, as necessary Assists with management of engagements to ensure engagement metrics are achieved Utilizes research tools, databases, and trade publications to develop an understanding of client's industry Develops relationships with client personnel and management members Prepares formal and informal presentations for client meetings Partners with RAS-FS leadership to complete research and draft proposals and reports, as necessary Implements project plans Maintains the confidentiality of all documentation and work papers associated with client engagements Conducts risk assessment of assigned department or functional areas in established / required timelines, while overseeing staff Develops risk-based audit programs Determines the scope of a review in conjunction with the engagement manager Documents understanding of internal audit areas and identifies associated relevant risks and key controls Assesses internal control design and operational effectiveness Conducts audit testing of specified area and identifies reportable issues and dimension of risk Determines compliance with appropriate legislation and/or audit policies and procedures Communicates findings to senior management, and drafts comprehensive report of audited area Ability to travel, as needed Other duties as requiredSupervisory Responsibilities: Supervises the day-to-day workload of RAS-FS Associates on assigned engagements, and reviews work product to ensure quality standards are met Ensures RAS-FS Associates are trained on all relevant audit and other software and engagement processes and procedures Delivers periodic performance feedback, and completes performance evaluations for RAS-FS Associates Acts as mentor to RAS-FS Associates, as appropriateQualifications, Knowledge, Skills, and Abilities:Education: Bachelor's degree in Accounting, or Finance, requiredExperience: Four (4) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audit, consulting, compliance, and/or risk services, required Experience with internal controls, including Sarbanes-Oxley/FDICIA, flowcharts, documentation and testing of controls, required Experience with IT audit and SOX, with a focus on entity wide risk assessment, required * Two (2) or more years of experience in performing internal audits of banking, asset management, brokerage, and/or other financial services activiti
