Bank Clearing and Settlement Senior Auditor
: Job Details :

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Job Description:

Bank Clearing and Settlement Senior Auditor

Crowe is looking for a detail-oriented individual to join our fast-paced Financial Crime Compliance team. When you become a part of our Financial Crime team, you will work with a broad array of professionals who take pride in providing cutting edge industry AML and regulatory best practices with the goal of assisting clients administering a sound and compliant AML risk management environment. This role is responsible for leading client engagements, assessing the effectiveness of their clearing and settlement processes, and ensuring compliance with regulatory requirements. The Senior Auditor will work with various clients to identify operational risks, evaluate internal controls, and provide recommendations for process improvements. The position requires in-depth knowledge of banking systems, clearinghouses, payment platforms, and associated financial and regulatory risks.

Job expectations include:

• Managing multiple teams and workstreams and providing performance feedback to all members of those teams.
• Design and execute audit plans to assess clearing and settlement processes, including transaction processing, reconciliations, payment systems (ACH, SWIFT, FedWire), and securities settlement. Ensure audits cover key risk areas and compliance with industry regulations.
• Advise clients on compliance with relevant banking regulations (e.g., Federal Reserve, OCC, SEC, FINRA) and standards, such as real-time gross settlement (RTGS) and systemic risk regulations. Ensure clients meet requirements around systemically important financial market infrastructures.
• Developing relationships with a variety of clients.
• Anticipating and addressing client concerns and resolving problems as they arise.
• Promoting new ideas and business solutions that result in extended services to existing clients.
• Serving as a career coach and mentor for new staff.

Required Qualifications for Role as Financial Crime Manager:

• Bachelor's Degree.
• Advanced verbal and written communication skills.
• Certified Anti-Money Laundering Specialists (CAMS), Certified Internal Auditor (CIA), Certified Information Systems Analyst (CISA), Certified Regulatory Compliance Manager (CRCM) or other relevant professional certification.
• 5+ years' experience in leading or facilitating AML/BSA reviews, consulting/advisory services and/or internal audit/compliance reviews at globally diversified financial services organizations, with a specific focus on clearing and settlement processes for banks and financial institutions.
• Strong knowledge of clearing and settlement operations, including ACH, SWIFT, FedWire, and securities settlement.
• Prior financial services internal audit consulting or financial services third line internal audit experience.
• Experience providing oversight and managing the development and testing process against remediation action plans.
• Experience with second- or third-line control effectiveness testing against remediation action plans.
• Effective project and time management, collaboration, and communication skills with all levels of the organization, including excellent organizational skills and experience monitoring deadlines and tracking documentation for timely submission to senior management and/or regulators.
• Experience identifying, assessing, challenging and overseeing the satisfactory resolution of issues, including ensuring adequate management of remediation plans and validation.
• Ability to travel up to 5% if requested for project(s).

Preferences:

• Demonstrated supervisory, management and/or team leadership experience, preferably in a consulting environment for all phases of an audit, inclusive of planning, conducting and documenting process walkthroughs, developing and executing test procedures and reporting of deliverables.
• High proficiency with AML/BSA regulatory requirements for retail banking activities, products and services, inclusive of a high level of expertise in banking regulations, directives and guidance.
• Experience in developing/reporting of KRIs/KPIs for consent order validations.
• Experience submitting written or oral reports of audit results to senior management and audit committees including findings, analysis, conclusions and recommended actions.
• Knowledge and practical use of statistical analytics and testing methods.
• Experience working in a project environment with top 50 banks.
• Experience working in a professional services or project-based environment.

We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.