FAQs
What is the primary responsibility of the Audit Manager I, Financial Crimes?
The primary responsibility is to provide subject matter expertise in planning and executing end-to-end audits for assigned business areas, functions, or projects, while leading moderately complex audits and ensuring their timely completion.
What qualifications are required for this position?
Candidates should have over 5 years of relevant experience, an undergraduate degree or relevant professional certifications, and accounting designations or equivalent education. A certification in Anti-Money Laundering (CAMS) is considered a strong asset.
What skills are essential for the Audit Manager I role?
Essential skills include hands-on knowledge of MS Office applications, strong communication skills (both written and verbal), the ability to work multi-functionally, and the capability to guide team members while maintaining good relations across different teams and functions.
How does the Audit Manager I support the audit opinion process?
The Audit Manager I supports the audit opinion by ensuring internal controls are assessed according to professional audit standards, presenting findings and recommendations to clients and audit management effectively.
What is expected regarding follow-ups on findings from audits?
The Audit Manager I is responsible for managing follow-ups on new findings raised from regulatory and internal divisional audits, ensuring that all data is up-to-date and properly documented.
Is experience in handling regulatory guidelines important for this role?
Yes, acting with the highest levels of integrity while observing regulatory guidelines and handling confidential information discreetly is critical in this role.
How does the Audit Manager I contribute to the overall work environment?
The Audit Manager I is expected to build a fair and positive work environment where team members can openly report challenges, exchange ideas, and maintain good relationships to achieve common goals.
What types of tools and techniques should the Audit Manager I be familiar with?
The Audit Manager I should stay knowledgeable about emerging trends and developments related to business and analytical tools and techniques to deliver quality audit results within tight timeframes.
What are the primary goals of the audits executed by the Audit Manager I?
The primary goals are to mitigate risks, improve effectiveness across business functions, enhance operational efficiencies, and provide actionable recommendations based on audit findings.