Internal Audit Department-Sanctions & Compliance Audit AVP

Job description

Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview: The AVP on the Sanctions and Compliance Audit Team is mainly responsible for supporting the oversight, design and execution of audit coverage for Bank of China’s US (BOC USA or the Bank) sanctions program and the regulatory compliance program. Responsibilities: Include but not limited to: Drive the audit program enhancements to achieve a “Strong” internal audit function and to meet enhanced prudential standards Prompt, oversee and report on corrective actions Update the audit strategy and program - Execute the audit coverage of the sanctions regulatory compliance programs. - Help prepare the audit risk assessments. - Design and execute audit tests of the sanctions program. - Perform assigned audits including executing approved a...