SMBC is seeking an experienced Internal Auditor to work within the Internal Auditing Department. In this position, the individual will supervise assigned audit staff members as they evaluate the current control environment for business units operating within the Americas Division and provide feedback to Management on the adequacy of control designs, as well as the operating effectiveness of processes/activities. The candidate must be able to lead an audit team on larger, more complex audit reviews, as well as work as a team member.
This position will require the individual to plan and perform internal audits over all Banking areas within SMBC's Americas Division, with emphasis on the credit business promotions, credit risk management and operations.
Allocation of time is as follows: Examine and evaluate internal controls in key risk areas of banking activities/practices to ensure compliance with internal policies and applicable rules, laws, and regulations; Develop audit programs and perform audit fieldwork, including system documentation, evaluations, interviews and financial analysis;
Propose or evaluate appropriate corrective measure designed to strengthen internal controls, operational policies and procedures, and other weaknesses identified during audits;
Prepare clear and concise audit work papers and audit reports summarizing scope, methodology, and significant conclusions of audit procedures performed within prescribed time-frames
Conduct audit scoping, planning and closing meetings with Internal Audit and relevant Department Management
Project reporting to Internal Audit Management
Perform this job successfully, the employee must be able to perform each essential duty to management’s satisfaction. The requirements listed below are representative of the knowledge, skills and/or abilities required.
Preferred Previous Work Experience:
Minimum 8-10 years internal audit experience with a minimum of 5 years internal audit experience within a large Foreign Banking Organization or US Money Center Bank.
Strong working knowledge of Leasing related activities is required. Financial/accounting background with proven management accounting knowledge. Proficiency in cost analysis, gross up calculations, review of ledgers, contracts and other financial books and records, etc.
SMBC's leasing activities include;Aviation leasingMarine leasingRail-car leasingEquipment leasingCorporate Operational and Capital leasingFloor-plan leasing
Preferred Education/Licenses/Certifications/Registrations: Bachelor's Degree in Accounting, Finance or other related field;
CPA or CIA certification required.