SMBC Senior Auditor in New York, New York


SMBC is seeking an Internal Auditor to work within the Internal Auditing Department.

In this position, the individual will evaluate current policies and processes in order to provide reasonable assurance to Management as to the adequacy of the control environment operating within the Americas Division.

Scope of Position:

Number of direct reports: This position will not have any direct reports. However this person is a candidate of future management within the Department.

Number of indirect reports: When acting as the Auditor-in-Charge the individual will be assigned an audit team (4 to 6 individuals) depending upon the size and complexity of the audit


Essential Functions of the Position:

The incumbent is responsible for performing the essential functions (the primary job duties that are fundamental to the position) below, in addition to other duties as assigned.

  • Up to 10% domestic/international travel during the fiscal year

  • Subsidiaries located in Brazil and Canada

  • Branches located in Los Angeles and San Francisco

  • Representative Offices located in Houston, Chile, Colombia, Mexico and Peru.

Key Responsibilities:

This position will require the individual to plan and perform internal audits over all Banking areas within SMBC's Americas Division:

  • 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 frame

  • Conduct audit planning and closing meetings with Internal Audit and relevant Department Management

  • Project monitoring and reporting to Internal Audit Management


To 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


Combined 8-10 years' working experience in (1) market/liquidity risk management or US financial regulations such as DFAST within a large foreign banking organization or US Money Center Bank or Securities Business experience at large broker dealer/investment bank and (2) audit experience (minimum 5 years internal audit experience required).

Experience in one or more of the following areas is also a plus:

Capital Markets (Swap Dealer) activities; Lease Finance activities

Preferred Education/Licenses/Certifications/Registrations:

  • Bachelor's degree in Accounting, Finance or other related field

  • CPA, CIA or other relevant certifications required

Key Competencies/Skills:

  • Ability to understand, interpret, and apply general and specific administrative and departmental policies and procedures as well as applicable federal & state laws and regulations

  • Overall understanding of audit techniques, internal controls and audit principles. Ability to manage and execute audit, from planning to audit closing

  • Strong critical thinking, analytical and organizational skills

  • Strong oral and written communication skills, including ability to write clear and concise audit recommendations and reports

  • Working knowledge of Lotus Notes and Microsoft Office Suite (Excel, Word, PowerPoint)


Job Locations US - NY - New York

Career Category Audit

Position ID 2016-0478

Corporate Title VP

Posting Date 12/21/2016

Type Full-Time