VP Audit Manager - Client Organization (Hybrid)

As a VP Audit Manager at Citi, you will lead a team performing critical audits and assessments of the bank’s risk and control environments. This involves developing audit plans, managing audit activities, and ensuring compliance with internal audit standards. You will also oversee the recruitment and development of talent, collaborate with business teams to assess impact on controls, and provide guidance on various change initiatives.

Candidates for the VP Audit Manager role at Citi should have 6-10 years of relevant experience within internal audit or risk management. Relevant certifications such as CPA, CIA, or CISA are highly preferred. Strong project management, communication, and relationship-building skills are essential for effectively inspecting and advising on the bank’s audit practices.

At Citi, we place a strong emphasis on professional development. As a VP Audit Manager, you'll have access to various training programs and career development resources designed to hone your leadership and technical skills. You'll also benefit from mentorship opportunities within our diverse and inclusive culture, which encourages ongoing learning and growth.

The work environment for a VP Audit Manager at Citi is collaborative and dynamic, often requiring you to interact with various stakeholders across the organization. With a hybrid work model, you have the flexibility to balance your time between working remotely and in the office, promoting both productivity and a healthy work-life balance.

The anticipated salary range for the VP Audit Manager position at Citi is between $129,840 and $194,760 annually, alongside competitive employee benefits including medical, dental, and vision coverage, retirement plans, and various paid time off options. The exact compensation package will be determined based on qualifications and experience.

To effectively assess risk during an audit, it’s important to establish a comprehensive understanding of the business operations, identify potential vulnerabilities, and evaluate the existing controls. I utilize a combination of quantitative data analysis and qualitative interviews with stakeholders to determine where risks may be concentrated, allowing me to prioritize my audit focus.

When conflicts arise within my team, I focus on open communication and understanding different perspectives. I prioritize addressing the issue directly, encouraging team members to express their views. By facilitating a discussion and guiding the team towards a constructive resolution, I ensure that we remain focused on our shared goals.

Absolutely! In a previous audit, I discovered discrepancies in the financial reporting process that posed a substantial risk. I documented my findings and presented them to management, which led to crucial changes in the reporting protocols and enhanced transparency. This experience taught me the value of thoroughness and the need for diligence in overseeing compliance.

I rely on various project management tools such as JIRA for tracking tasks and deadlines, alongside data analytics software to visualize audit findings. These tools enable my team and me to manage our workload effectively while ensuring that we keep stakeholders updated on progress and changes in our audit strategy.

To ensure effective communication with senior management, I strive to be clear and concise in my reporting, focusing on critical findings and actionable insights. I schedule regular updates and use visuals to represent our audit status, ensuring that the management team is informed and engaged throughout the audit process.

When developing an audit plan, I consider factors such as the inherent risk of the processes being audited, previous audit findings, any recent changes in regulations, and input from stakeholders. This holistic approach allows me to create a targeted audit strategy that aligns with organizational priorities and ensures comprehensive coverage.

In my previous role, I identified weaknesses in the internal control system during a routine audit. I worked closely with stakeholders to redesign the processes and introduced new monitoring tools. This not only strengthened the controls significantly but also fostered a culture of accountability and transparency within the team.

My approach to mentoring junior auditors is hands-on and supportive. I encourage them to take on challenging assignments while providing guidance and feedback. I also emphasize the importance of both technical skills and soft skills, promoting their growth through constructive evaluations and shared experiences.

I have extensive experience ensuring regulatory compliance in audits, which includes staying current with changes in laws and regulations affecting the financial sector. I incorporate regulatory frameworks into our audit processes while training my team on compliance standards, helping to mitigate risks before they escalate.

My leadership style is participative and inclusive. I believe in harnessing the strengths of my team by fostering an environment where everyone feels comfortable contributing ideas. I prioritize collaboration, mutual respect, and accountability, which collectively drive high performance and successful audits.