Internal Audit Manager - Commercial Banking

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They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

About the Role

The Internal Audit (IA) function provides the Bank with objective and independent assurance services to support the Bank in its mission and help achieve its objectives through proactive risk management. We have an exciting opportunity in our Internal Audit group for an Audit Manager to be part of one of the fastest growing and most unique financial institutions in the world.

The manager role will be an integral part of our growing Commercial Banking audit team, whose objective is to assess the effectiveness and efficiency of Commercial Banking products, services, and operations, as well as select corporate support functions (HR, Finance/Accounting). The ideal candidate will have audit experience in the financial services industry. We are seeking candidates who are growth oriented, have strong leadership skills, and are able to work in a fast-paced & collaborative team environment.

Core Responsibilities:

• Assist the Senior Audit Manager and Director in all phases of the audit, including audit scoping, planning, fieldwork execution and reporting.
• Lead audit team in audit execution and oversee the day-to-day operation including stakeholder communication, audit status update, resource and budget management. Provide guidance to junior team members during execution.
• Perform audit testing in alignment with IA methodology, policies, procedures and IIA standards, including adherence to a high standard of audit documentation
• Review work papers to ensure clear identification of risks and issues, appropriateness of testing in accordance with approved test procedures and objectives.
• Deliver high quality audit reports in a timely manner, including assisting with vetting issues with business owners and key stakeholders
• Review and perform validation of audit issues and regulatory MRAs/MRIAs.
• Stay abreast of latest development in banking regulations and understand their impact to business to feed into the development of audit risk assessments and audit programs
• Develop and maintain collaborative working relationship with key business partners and stakeholders
• Perform continuous monitoring and update risk assessments to ensure up-to-date knowledge on changes within the organization and identify the relevant regulatory and operational risks
• Proactively advance the use of data analytics and technology, as well as integrated auditing concepts to enhance effectiveness and efficiency of audit programs

Skills and Requirements:

• An undergraduate degree in Finance, Accounting or a related business field is required.
• An active professional certification in public accounting or internal auditing is recommended (e.g. CPA, CIA, CISA, CRMA, etc.)
• 5+ years of experience in external or internal audit, with strong understanding of audit methodology and risks & controls, preferably with experience in the financial services industry
• Project management experience leading audits or special projects
• Excellent written and verbal communication skills with the ability to balance strategic goals for the department with the needs and expectations of the audit team

• Strong problem-solving skills and attention to detail
• Ability to navigate through ambiguity and accepting ownership and accountability of the process and deliver on commitments
• Strong time management and organizational skills, with the capability to manage multiple competing priorities with minimal direction and deal with change with a positive attitude
• Pro-active, high energy and strong interpersonal skills with a team-focused attitude, demonstrating the ability to collaborate and compromise while building effective relationships
• Strong leadership skills & people management skills
• Sound judgment and ability to make decisions
• Strong presentation skills with the ability to speak coherently to large audiences
• Ability to professionally and competently represent the internal audit department when interacting with all levels of company staff
• Technology and computer skills, with the ability to effectively use Microsoft Office (Word, Excel, Outlook, PowerPoint)
• Strong business and financial acumen

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Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.