BDO USA
Experienced Senior Associate, RAS – Financial Services
BDO USA, Fort Lauderdale, Florida, us, 33336
Experienced Senior Associate, RAS – Financial Services
Join to apply for the Experienced Senior Associate, RAS – Financial Services role at BDO USA.
The Risk Advisory Services – Financial Services (RAS-FS) Senior Associate is responsible for providing risk consulting and issues resolution to financial services clients in the areas of internal audit, business process improvement/transformation, regulatory compliance, risk management, information technology, and/or Sarbanes-Oxley (SOX). In this role, the RAS-FS Senior Associate participates in all stages of an internal audit and/or consulting engagement, and provides assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations regarding client risk management. This position may work a sporadic and fluctuating schedule.
Responsibilities
Acts as the primary day-to-day contact for clients regarding basic questions and information
Develops and monitors budgets (budget-to-actual) for all assigned engagements
Conducts informational interviews, and facilitates meetings with clients during engagement process
Obtains information, documents, and data from clients to support the completion of analysis and research of client issues
Documents and analyzes client processes, risks, and controls, with guidance from senior RAS-FS professionals
Develops initial deliverables and/or solutions to client issues
Reassesses risk and communicates with senior RAS-FS professionals and/or client, as necessary
Assists with management of engagements to ensure engagement metrics are achieved
Utilizes research tools, databases, and trade publications to understand the client’s industry
Develops relationships with client personnel and management members
Prepares formal and informal presentations for client meetings
Partners with RAS-FS leadership to complete research and draft proposals and reports, as necessary
Implements project plans
Maintains the confidentiality of all documentation and work papers associated with client engagements
Conducts risk assessment of assigned department or functional areas in established timelines, while overseeing staff
Develops risk-based audit programs
Determines the scope of a review in conjunction with the engagement manager
Documents understanding of internal audit areas and identifies associated relevant risks and key controls
Assesses internal control design and operational effectiveness
Conducts audit testing of specified area and identifies reportable issues and dimension of risk
Determines compliance with appropriate legislation and/or audit policies and procedures
Communicates findings to senior management, and drafts comprehensive report of audited area
Ability to travel, as needed
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of RAS-FS Associates on assigned engagements, and reviews work product to ensure quality standards are met
Ensures RAS-FS Associates are trained on all relevant audit and other software and engagement processes and procedures
Delivers periodic performance feedback, and completes performance evaluations for RAS-FS Associates
Acts as mentor to RAS-FS Associates, as appropriate
Education, Qualifications, Knowledge, Skills, and Abilities
Bachelor’s degree in Accounting, or Finance, required
Experience
Four (4) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audit, consulting, compliance, and/or risk services, required
Experience with internal controls, including Sarbanes-Oxley/FDICIA, flowcharts, documentation and testing of controls, required
Experience with IT audit and SOX, with a focus on entity-wide risk assessment, required
Two (2) or more years of experience in performing internal audits of banking, asset management, brokerage, and/or other financial services activities (preferred):
Lending Activities
Treasury and Finance
Core Regulatory Requirements
Bank/Asset Management/Brokerage Operations
Human Resources
Two (2) or more years of supervisory experience (preferred)
License/Certifications
CPA, CIA, CISA and/or CFSA (preferred)
Software
Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), required
Experience with various IT audit applications and research tools, required
Other Knowledge, Skills & Abilities
Strong planning and coordination for audits within financial institutions
Knowledge of internal accounting controls, professional standards, and regulations
Strong verbal and written communication skills
Ability to adapt messaging to professionals at all levels
Multi-tasking, independence and teamwork
Analytical and diagnostic skills
Ability to work in a deadline-driven environment with attention to detail
Adaptability to changing environments
Strong organizational and delegation abilities
Build and maintain strong client relationships
About Us Join us at BDO, where you will find more than a career. We offer flexibility and opportunities for advancement. Our culture centers around meaningful connections, curiosity, and being true to yourself, while making a positive difference in the world. BDO is proud to be an ESOP company.
Equity and Inclusion Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
Job Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Accounting/Auditing
Industries: Accounting
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The Risk Advisory Services – Financial Services (RAS-FS) Senior Associate is responsible for providing risk consulting and issues resolution to financial services clients in the areas of internal audit, business process improvement/transformation, regulatory compliance, risk management, information technology, and/or Sarbanes-Oxley (SOX). In this role, the RAS-FS Senior Associate participates in all stages of an internal audit and/or consulting engagement, and provides assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations regarding client risk management. This position may work a sporadic and fluctuating schedule.
Responsibilities
Acts as the primary day-to-day contact for clients regarding basic questions and information
Develops and monitors budgets (budget-to-actual) for all assigned engagements
Conducts informational interviews, and facilitates meetings with clients during engagement process
Obtains information, documents, and data from clients to support the completion of analysis and research of client issues
Documents and analyzes client processes, risks, and controls, with guidance from senior RAS-FS professionals
Develops initial deliverables and/or solutions to client issues
Reassesses risk and communicates with senior RAS-FS professionals and/or client, as necessary
Assists with management of engagements to ensure engagement metrics are achieved
Utilizes research tools, databases, and trade publications to understand the client’s industry
Develops relationships with client personnel and management members
Prepares formal and informal presentations for client meetings
Partners with RAS-FS leadership to complete research and draft proposals and reports, as necessary
Implements project plans
Maintains the confidentiality of all documentation and work papers associated with client engagements
Conducts risk assessment of assigned department or functional areas in established timelines, while overseeing staff
Develops risk-based audit programs
Determines the scope of a review in conjunction with the engagement manager
Documents understanding of internal audit areas and identifies associated relevant risks and key controls
Assesses internal control design and operational effectiveness
Conducts audit testing of specified area and identifies reportable issues and dimension of risk
Determines compliance with appropriate legislation and/or audit policies and procedures
Communicates findings to senior management, and drafts comprehensive report of audited area
Ability to travel, as needed
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of RAS-FS Associates on assigned engagements, and reviews work product to ensure quality standards are met
Ensures RAS-FS Associates are trained on all relevant audit and other software and engagement processes and procedures
Delivers periodic performance feedback, and completes performance evaluations for RAS-FS Associates
Acts as mentor to RAS-FS Associates, as appropriate
Education, Qualifications, Knowledge, Skills, and Abilities
Bachelor’s degree in Accounting, or Finance, required
Experience
Four (4) or more years of banking, asset management, brokerage, and/or other financial services experience within a public accounting firm or financial institution performing internal audit, consulting, compliance, and/or risk services, required
Experience with internal controls, including Sarbanes-Oxley/FDICIA, flowcharts, documentation and testing of controls, required
Experience with IT audit and SOX, with a focus on entity-wide risk assessment, required
Two (2) or more years of experience in performing internal audits of banking, asset management, brokerage, and/or other financial services activities (preferred):
Lending Activities
Treasury and Finance
Core Regulatory Requirements
Bank/Asset Management/Brokerage Operations
Human Resources
Two (2) or more years of supervisory experience (preferred)
License/Certifications
CPA, CIA, CISA and/or CFSA (preferred)
Software
Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), required
Experience with various IT audit applications and research tools, required
Other Knowledge, Skills & Abilities
Strong planning and coordination for audits within financial institutions
Knowledge of internal accounting controls, professional standards, and regulations
Strong verbal and written communication skills
Ability to adapt messaging to professionals at all levels
Multi-tasking, independence and teamwork
Analytical and diagnostic skills
Ability to work in a deadline-driven environment with attention to detail
Adaptability to changing environments
Strong organizational and delegation abilities
Build and maintain strong client relationships
About Us Join us at BDO, where you will find more than a career. We offer flexibility and opportunities for advancement. Our culture centers around meaningful connections, curiosity, and being true to yourself, while making a positive difference in the world. BDO is proud to be an ESOP company.
Equity and Inclusion Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
Job Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Accounting/Auditing
Industries: Accounting
#J-18808-Ljbffr