Compliance Audit Manager - Loop

Buckingham Search - Chicago, IL

Buckingham Search is helping one of our favorite clients in the Chicago Market add a Senior Internal Auditor to their Risk Management team, inside of their Internal Audit group. This team is lead by someone we know well and really respect personally and professionally. This team is making waves in the business globally and is looked at as a true internal consultant to the other areas of the business. If you are a go-getter who likes to work next to other hard-working, critical thinkers who want to do their best, let's talk! This team has found a great way to be a powerful team while also taking advantage of flexible work schedules, work from home, and work-life balance.


Things to get excited about:

  • Downtown location & Headquarters
  • 4 weeks vacation
  • Competitive salary + Bonus
  • Competitive Benefits
  • MINIMAL TRAVEL – a few branch audits around Chicago at most
  • $17B Bank focused on commercial clients, mainly mid-market businesses
  • Team of 30 in audit led by a former Big 4 Partner
  • Ability to rotate out of audit into great positions across the business
  • CPA reimbursement program
  • Summer hours
  • Great work-life balance and minimal overtime


The challenging and rewarding work involved:

  • Assist in the development of a comprehensive compliance audit plan that addresses key regulatory requirements and provides a sound third line of defense coverage
  • Develop detail project plans that effectively incorporate appropriate risks, scope, staffing requirements, deliverables, timelines, budgets and client availability
  • Execute and document testing procedures for in-scope areas, including test of design, test of effectiveness and substantive testing to ensure results support audit conclusions and adherence to IA Department standards
  • Subject matter expert on compliance related matters affecting the Bank
  • Review testing documentation of seniors and staff to ensure the results support the testing conclusions and adhere to IA Department standards
  • Identify control gaps and opportunities for improvement
  • Vet issues with management at all necessary levels of the organization on a timely basis
  • Draft audit reports that accurately, clearly and concisely present the issue identified key stakeholders
  • Effectively communicating findings to various levels of management
  • Develop and cultivate relationships with senior management and other key internal contacts, including Management Committee members and their direct reports
  • Work closely with management to promptly resolve any concerns that may arise and build trust. Serve as a business advisor and partner by providing the business unit and senior management with advice related to business issues and controls
  • Contribute to the positive and team-oriented culture by maintaining cooperative relationships (assisting other project teams when necessary), facilitating the resolution of conflicts, sharing information, and accepting and providing feedback
  • Provide guidance to the team in all phases of an audit as needed
  • Manage personnel effectively through coaching and mentoring. Guiding department personnel in their careers and providing learning opportunities
  • Demonstrate commitment to professional growth by assuming progressively more challenging assignments (in-line with standard audit career progression), proactively seeking relevant education and training opportunities, and expanding professional network
  • Ensure compliance with IIA Standards


The most qualified candidates will have:

  • Bachelor’s Degree in Accounting, Finance or related field is required
  • Professional certification such as a Certified Regulatory Compliance Manager (CRCM), Certified Public Accountant (CPA), or other compliance-related certifications. CRCM preferred
  • Strong knowledge of U.S. consumer banking regulations (e.g., BSA/AML, Fair Lending, Flood, Reg E, UDAAP, etc.)
  • 6+ years of relevant experience

All qualified candidates who apply below will be contacted and given the complete details about the company, position, and team.

Posted On: Monday, March 16, 2020

Apply to this job