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Full-Time

Sr Audit Manager

Consumer & Corporate Technology Assurance

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior, Expert

Charlotte, NC, USA + 1 more

More locations: Atlanta, GA, USA

Candidates must be in one of the specified locations a minimum of 4 days per week. No full remote/telecommute. No relocation assistance.

Category
Auditing
Financial Analysis
Accounting
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree in accounting, business or related field, or equivalent education and related training or experience.
  • Eight to ten years of experience in audit, preferably in a role similar to an Audit Project Leader.
  • Advanced knowledge, ability and expertise in audit and a broad understanding in multiple areas of banking and financial services.
  • Significant knowledge, ability and expertise in the principles and practices of technology, cybersecurity, IT infrastructure, IT service management processes and IT industry trends.
  • Significant knowledge of IT General Controls (ITGCs), IT Application Controls (ITACs), and the System Development Life Cycle (SDLC).
  • Significant knowledge of IT, information security and Cloud management and control frameworks (COSO, COBIT, NIST, SOX, PCI DSS).
  • Substantial leadership experience and demonstrated leadership ability and decision making skills.
  • Excellent understanding of risk management and process concepts.
  • Excellent analytical, facilitation, interpersonal and decision-making skills.
  • Excellent written, verbal and negotiating skills.
  • Demonstrated ability to grasp, communicate and teach others how to identify underlying concepts in complex information.
  • Demonstrated ability to identify, communicate and teach others how to identify root causes of problems.
  • Good working knowledge of standard software applications such as Microsoft Office Software products.
  • Excellent project management and advisory skills.
  • Appropriate professional certification, such as, but not limited to Certified Internal Auditor, Certified Information Systems Auditor, or Certified Public Accountant.
Responsibilities
  • Serve as Engagement Manager for large, complex, and higher risk projects that may be enterprise-wide in scope. Lead planning, scoping, and development of the audit test plan, including incorporating the use of data analytics, and coordinate engagement resources and engagement assignments among teammate effectively to complete assignments within budget while maintaining quality standards.
  • Set clear quality expectations based on Truist Audit Services standards and analyze/review process documentation to evaluate effectiveness and efficiency.
  • Develop meaningful, relevant, and well-supported audit reports that align with Truist's risk appetite framework and present these reports to key stakeholders.
  • Advise on more complex assignments by being very knowledgeable of the organization, business, and operations (including the related laws and regulations). Possess strong subject matter expertise in a technical or specialized field.
  • Leverage strong risk management knowledge to assess relevance of audit findings, potential exposures, materiality and demonstrate awareness of big picture issues.
  • Provide leadership and development by coaching and mentoring new and junior team members and providing effective project feedback, including setting clear performance expectations.
  • Assist audit management to develop and maintain relationships with assigned lines of business or business units. Accordingly, understand and evaluate associated risk profiles to help ensure appropriate audit coverage. Participate in key/critical projects and task forums.
  • Manage timely and quality delivery of multiple tasks, including audits, projects and special assignments. Further develop and maintain specialization and expertise in one or more specific lines of business. Keep abreast of current trends, new developments, technologies and practices in the auditing profession, banking industry, and area of specialization.
  • Continue developing knowledge of auditing and use of data analysis techniques. Champion innovative techniques and methods to accomplish goals and objectives. Pursue continuing education and possibly additional professional certifications, as appropriate.
  • Support Audit Directors by assisting with annual planning, scheduling, and risk assessment process, and providing feedback on performance of the audit team.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. The platform includes tools like live chat support, commission-free trading, and an automated rebalancer, allowing RIAs to manage their businesses more efficiently and serve more clients at a lower cost. Unlike competitors, Truist provides these services for free, monetizing through a custodian service that helps RIAs reduce overhead costs. The goal is to empower RIAs to grow their businesses and enhance client experiences.

Company Stage

Series E

Total Funding

$437.2M

Headquarters

Culver City, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

5%

1 year growth

19%

2 year growth

46%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides substantial capital for further innovation and expansion.
  • Collaborations with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • Acquiring Shareholders Service Group expands Altruist's service offerings and client base, positioning it to compete with industry giants like Schwab and Fidelity.

What critics are saying

  • The competitive landscape in the RIA market includes established players like Schwab and Fidelity, which could challenge Altruist's growth and market penetration.
  • Rapid expansion and multiple integrations may lead to operational complexities and potential service disruptions.

What makes Truist unique

  • Altruist offers a simplified tech stack specifically designed for RIAs, unlike broader financial platforms that cater to multiple financial service providers.
  • Their commission-free fractional share trading and automated rebalancer features provide cost-effective solutions that are not commonly bundled together in competing platforms.
  • The vertically-integrated custodian service allows Altruist to streamline operations and reduce overhead costs for RIAs, setting it apart from traditional custodial services.