Audit Manager

Company: Stellantis Financial Services US
Location: Dallas
Posted on: September 21, 2023

Job Description:

Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citro n, Dodge, DS Automobiles, Fiat, Jeep , Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move.
Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience.

Summary: The Audit Manager is expected to understand Compliance Risk and Risk Management techniques, identify business processes, key risk, and critical controls, and evaluate control design and adequacy to perform control testing, and document work performed in conformance with internal audit policies and procedures supporting Loan and Lease Originations inclusive of Direct and Indirect Credit; Indirect Sales and Marketing; Title; Commercial and Business Lending. The role provides independent audit testing of controls based on audit program to include Consumer Laws and Regulations, including but not limited to Regulation B, Regulation E, Regulation F, Regulation M, Regulation P, Regulation Z, Record Retention Requirements, Advertising and Marketing, Bankruptcy, Repossession, and applicable State Laws. In partnership with the functional business and key stakeholders, continuously drives a strong culture of compliance and demonstrates integrity and professional judgement in protecting the interests of Stellantis Financial Services and its subsidiaries.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Knowledge of and experience with state and federal consumer finance laws, including, but not limited to, TILA/Reg Z, TILA/Reg M, ECOA/Reg B, FCRA, and UDAP/UDAAP.
• Performing testing controls based on audit program directions, including appropriate sampling and control testing techniques; identifying and assessing the relevancy of possible issues; and documenting work performed to support audit scope /conclusions, to facilitate an efficient review, and to meet internal audit policies and procedures.
• Primarily serve as the Main Point of Contact for the business through Audit engagements throughout the audit lifecycle.
• Adhering to the Audit Schedule timeframes and runs the day-to-day engagement-related efforts.
• Effectively review and compile relevant, material findings and recommendations into a readable and concise audit report(s) and presentation(s).
• Drafting audit issues under supervision of the team management, inclusive of potential exposures and significance, identifying root causes, and developing recommendations that are operationally and cost-effective actions to address those causes.
• Assisting Audit Team Management in the reporting and wrap-up phases of audits. Serves as the technical expert regarding compliance laws and regulations and provides direction to others on complex issues.
• Validates the sufficiency and suitability of First Line of Defense (Functional Business) and Second Line of Defense corrective actions to address audit recommendations.
• Updates Risk Assessments, Audit Tracking Mechanisms and Audit Plan.
• Establish and maintain good relationships with key business and audit partners,
• Effectively represent Compliance Audit at management meetings, internal forums, and to stakeholders.
• Complies with all company policies and procedures, including customer privacy and information security safeguards. Competencies: To perform the job successfully, an individual should demonstrate the following competencies:
  • Research Skills Adept at regulatory and legal research, searching for information and guidance from internal and external sources.
  • Design - Able to create, proofread and format documents for internal and external presentations. Demonstrates attention to detail.
  • Problem Solving - Identifies and resolves problems in a timely manner.
  • Customer Service - Responds to requests for service and assistance.
  • Oral Communication - Listens and gets clarification; responds well to questions; participates in meetings.
  • Written Communication Writes clearly and informatively; Able to read and interpret written information.
  • Teamwork - Balances team and individual responsibilities.
  • Ethics Works with integrity and ethically: Upholds organizational values.
  • Professionalism - Approaches others in a tactful manner; Treats others with respect and consideration regardless of their status or position.
  • Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values.
  • Judgment Includes appropriate people in decision-making process.
  • Planning/Organizing Prioritizes and plans work activities; Uses time efficiently.
  • Professionalism Approaches others in a tactful manner; Treats others with respect and consideration regardless of their status or position, accepts responsibility for own actions.
  • Quality - Demonstrates accuracy and thoroughness; Monitors own work for quality.
  • Quantity - Meets productivity standards; Completes work in timely manner.
  • Adaptability - Adapts to changes in the work environment; Able to deal with frequent change, delays or unexpected events.
  • Attendance/Punctuality - Is consistently at work and on time.
  • Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions.
  • Initiative - Asks for and offers help when needed. Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and /or ability required.
    
    Education and/or Experience: The knowledge, skills and abilities for this position are typically acquired through the completion of a bachelor s degree and two years working experience or six years experience in internal or external auditing, credit or operational risk management, compliance, or a combination with a concentration of knowledge of consumer federal laws, rules, and regulations. Experience as an internal auditor with Direct and or Indirect Auto Lending and Leasing, is a plus.
    
    Preferred Experience: Experience with the following Audit Regulations preferred: Debt Collections, lending, advertising, originations, quality leasing, lending and electronic transfers. An individual that possesses experience with Institute of Internal Auditors , and International Professional Practice Framework, vendor oversight and or enterprise payments in Direct or Indirect Lending and Leasing.
    
    Communication Skills: An individual must be able to communicate effectively at all levels of management including the ability to clearly explain and apply regulatory requirements to the First Line of Defense, while providing recommendations on emerging regulatory issues.
    
    Confidential Information: An individual must be able to maintain confidentiality in all aspects of the position.
    
    Computer Skills: To perform this job successfully, an individual must have intermediate to advanced skills in MS Word, and MS Excel.
    
    Other Qualifications: An individual must have the ability to manage competing demands and deadline; willingness to provide ideas, suggestions, and insight; problem solving skills; understand or be willing to learn the laws and regulations the company must follow regarding sensitive information.
    
    Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit for prolonged periods of time; constantly use repeating motions that may include the wrist, hands and/or fingers; The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl, and to lift up to 10lbs. Specific vision abilities required by this job include close vision.
    
    Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
    
    Reasonable Accommodations: Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job.
    
    Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience . click apply for full job details

Keywords: Stellantis Financial Services US, Dallas , Audit Manager, Executive , Dallas, Texas