Overview
VP Quality Assurance – Internal Audit Jobs in New York City Metropolitan Area at Madison-Davis, LLC
Title: VP Quality Assurance – Internal Audit
Company: Madison-Davis, LLC
Location: New York City Metropolitan Area
Title: Vice President, Quality Assurance – Internal Audit
Office Status: Hybrid 2x a week in NYC
Salary: Up to $200,000 + bonus
Overview:
A top 10 global investment bank is seeking a Vice President of Quality Assurance, Internal Audit as a part of their effort to build out their Quality Assurance Audit division. This is a brand-new function in the US for the firm, the position is open due to growth of the business. What sets this new team apart is that, unlike larger US banks with more established regulatory reporting programs, each member will also contribute strategically to developing the entire function. Based in the New York Metropolitan area, the QA team is responsible for leading change initiatives and essentially acting as COO’s to the different audit departments by looking at the process wholistically and stepping in where needed to help with strategy.
Responsibilities:
Maintain and enhance a robust Quality Assurance (QA) and Improvement Program for the IADA team.
Perform annual internal quality assessments, reviewing audit artifacts and documentation to ensure adherence to internal audit policies and procedures.
Document findings from assessments and recommend improvements for identified deficiencies.
Review and update IADA policies and procedures to align with current industry and regulatory standards.
Deliver training to the department on updated procedures, best practices, and improvement opportunities.
Conduct issue validation reviews for the remediation of key issues (e.g., regulatory, third-party, internal audit).
Review and provide feedback on quarterly continuous monitoring reports and risk assessments.
Assist with IADA group-wide audit planning and management tasks, including gathering and sharing information and preparing internal reports.
Support IADA management in responding to requests from supervisory authorities, audit committee members, and external auditors.
Assist with various ad-hoc assignments or projects as directed by the Head of Quality Assurance.
Qualifications:
Bachelor’s degree (or equivalent) in business, accounting, finance, economics, computer science, or related field; advanced degree or relevant certification (e.g., CISA, CPA, CIA, CFE) is a plus.
7+ years of relevant experience in internal or external auditing, risk management, or related functions.
Experience with risk-based audit methodology, internal controls, and quality assurance practices.
