Global Treasury Audit, Vice President

Who we are looking for

The Global Treasury Audit, Vice President will provide independent, objective assurance over the design and execution of the Bank’s Global Treasury practices established through Treasury’s internal infrastructure, frameworks, policies, management reporting, and board reporting. In this role, you will provide coverage over key treasury functions including liquidity management, asset-liability management, and the investment portfolio and bank funding. You will also support the annual audit planning, risk assessment, scoping and execution of audits related to Global Treasury processes and risks. This will include assessing strategic and operational activities associated with these functions, as well as involvement in regulatory engagements. 

Candidates will be experienced in sound liquidity and interest rate risk management and governance practices within the financial services industry. The successful candidate must be able to thrive in a fast-paced environment, communicate clearly to Executive Management and Regulators, and already possess strong auditing capabilities. It is expected that in this role the candidate will need to dig deep and learn end-to-end treasury processes and regulations. In this role you will report directly to the Managing Director for Global Treasury and will be based in Boston, Massachusetts.

Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.

What you will be responsible for

As Global Treasury Audit, Vice President you will

• Develop and lead a team of audit professionals for supervision over, planning and executing complex audits and projects in Global Treasury (GT).
• Support the execution of a risk-based audit plan, review and approve audit work products to ensure thorough effective coverage and timely and effective escalation of issues and conclusions.
• Plan and execute in-depth risk assessments, technology, and process design reviews and operating effectiveness testing across Treasury.
• Participate as a non-voting member of various ALCO sub-committees, management working groups, promoting balanced discussions and encouraging challenge and debate.
• Establish and maintain strong and effective client relationships with business management across the lines of defense and assist management in understanding and implementing / maintaining internal control principles.
• Identify, assess and monitor risks related to the bank’s liquidity position and interest rate in the banking book. Analyze internal processes against regulations to ensure it is compliant with U.S. and non-U.S. regulatory requirements.
• Demonstrate strong knowledge of liquidity risk sound business practices and regulatory expectations and requirements.
• Stay abreast of industry matters and efficiently and effectively apply applicable new developments in audit projects.

What we value

These skills will help you succeed in this role:

• The ability to manage complexity, effectively prioritize multiple tasks and work independently on non-routine situations and in a face-paced environment.
• Detailed knowledge of key banking regulations, including Reg YY, Reg WW (LCR/NSFR), FR-2052a, BCBS 248, etc. Also, familiarity with relevant Safety and Soundness guidance for treasury and large bank.
• Highly seasoned professional understanding of internal liquidity stress testing, collateral, intraday and cashflow forecasting monitoring.
• Demonstrated experience in managing diverse teams and large-scale projects.
• Superior verbal and written communication skills; it is vital that the candidate possess the ability to articulate complex thoughts in a cogent, linear and method-driven manner and to assimilate information for senior executives concisely and appropriately for the situation at hand.
• Demonstrated leadership capabilities with solid interpersonal skills and the ability to work collaboratively across all organizational tiers.

Education & Preferred Qualifications

The following are required:

• 10+ years of experience in auditing and first- or second-line Treasury / Risk roles (liquidity risk, asset-liability management, and/or portfolio management).
• Bachelor’s degree in Finance, Accounting, Business or related field.
• Advanced degree or certification, Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Chartered Financial Analyst (CFA) designation or its equivalent.
• Prior experience working with regulators through examinations and/or issue validations.

Additional requirements

While majority of the time you will work from your primary location, some domestic