"Alerted.org

Job Summary:

The Senior Manager – Internal Audit role operates under general direction and uses extensive knowledge and skills to develop and lead comprehensive internal audits covering the wealth management and investment advisory business segments of Raymond James. Audit engagements may vary in size and complexity with significant scope and impact focused on the firm’s broker-dealer and investment advisory activities. Assesses risk within assigned internal audits, as well as participates in the continuous assessment of risk for the assigned business segment. Leads major projects, programs or processes with significant business impact that involve cross-functional teams. Influences strategic direction, develops tactical plans and completes complex assignments with substantial latitude for independent actions or decisions. Leverages available technology and analytic approaches in evaluating data. Provides comprehensive solutions to escalated problems. Provides guidance, training and tools that enable auditors to perform jobs effectively. Provides administrative and technical support to foster continuous improvement within the department. End results are evaluated for achieving goals and objectives. Maintains extensive contact with internal audit management and audit teams to identify, research, analyze, and resolve complex issues.

Responsibilities:

• Drive audit coverage of assigned functional audit area by developing various audit programs.

•Propose audit objectives, scope, procedures and internal control reviews to ensure compliance with policies and regulations.

• Lead multiple audit engagements from the planning stages through the reporting stages. Based on industry knowledge and relevant industry and regulatory research, develop audit scope and risk & control matrix, ensuring both sufficient and appropriate audit coverage while balancing a risk-based approach. Review auditor work performed and provide honest and constructive feedback. Perform testing of internal controls to ensure compliance with policies and regulations.

• Produce quality deliverables in accordance with both department and professional standards.

• Apply expertise in one or more of the organization's businesses and leverages this knowledge into a leadership role in one or more teams.

•Create and execute an effective monitoring program for assigned areas to monitor key metrics that identify control issues and adverse trends.

• Attract, develop, and retain talent within the Audit organization.

• Establish strong relationships with senior leaders including executive management, and related control groups.

• Use excellent communication skills to influence a wide range of internal audiences including respective product, function, or executive management partners.

• Hold entire team accountable for meeting deliverables, adhering to Quality Assurance criteria. Use consistent methodology.

• Finalize audit findings and provide an overall opinion on the control environment. Communicate audit findings to management and identify opportunities for improvement in the design and effectiveness of key controls.

• Monitor progress of identified issues, including the tracking and execution of issue validation testing.

• Conduct risk assessments of the organization’s wealth management and investment advisory businesses. Present risk assessments to senior management.

• Implement and execute an effective program of continuous monitoring for assigned areas, including monitoring of key metrics to identify control issues and adverse trends.

• Stay up-to-date with evolving industry and regulatory changes impacting the business.

• Build and maintain effective working relationships with Regulators and External Auditors.

Other Duties & Responsibilities That May be Required

• Participate in major business initiatives and proactively advise and assist the business on change initiatives.

• Manage expenses in accordance with a budget, solving for department inefficiencies and excess spending

• Perform other duties and responsibilities as required

Qualifications:

• Possess strong project management and interpersonal skills.

• Makes sound decisions, exhibits initiative and intuitive thinking, and is oftentimes consulted by others for advice and opinions. Recognized as a leadership role model.

• In-depth understating of audit practices and methodologies, including risk assessment internal control concepts.

• Specific subject matter expertise regarding control disciplines, and a solid business understanding of Raymond James products and Services, especially those associated with the registered investment advisory and broker-dealer divisions

• Knowledge and understanding of industry regulations, specifically SEC and FINRA

• Advanced investment concepts, practices and procedures used in the securities industry.

• Principles of banking and finance and securities industry operations.

• Financial markets and products.

• Managing direct reports including managers and staff auditors.

• Demonstrated ability and success in interacting and influencing senior leadership, including executive management.

• Experience in managing against deadlines associated with an annual audit plan.

• Strong analytical skills particularly in regard to assessing the probability and impact of a control weakness.

• Excellent verbal and written communication skills, with the ability to present complex and sensitive issues to management in a persuasive manner.

• Enthusiastic, self-motivated, effective under pressure and willing to take personal risk and accountability.

• Proven ability to multitask as well as assess and change priorities.

• Ability to work well individually and in teams to share information, support colleagues and encourage participation. Ability to also provide effective challenge.

Educational/Previous Experience Requirements:

• Bachelor’s Degree in Business Administration, Finance, Accounting or a related field and a minimum of eight (8) years of experience in the financial services industry.

~or~

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications:

• CIA, CFSA, CPA Certification(s) and/or Series 7 & 66 licenses preferred.