Internal Controls & Audit Assistant Vice President

About the Role

iCapital is seeking an Assistant Vice President, Internal Controls Readiness, to support the Enterprise Risk Management program. This individual will provide hands-on support to the audit team throughout the audit lifecycle, ensuring that evidence, testing, documentation and follow-up activities are completed accurately and on schedule. The individual will demonstrate the ability to independently apply the department’s audit methodology. They will participate in all phases of the audit from planning to reporting, including understanding business operations, scoping the audit, identifying risks and controls, designing and executing testing with minimal oversight and assisting with the writing of audit reports This position will collaborate with senior leadership and cross-functional teams to drive audit excellence and a strong control environment.

The Individual: The ideal candidate will excel in navigating a complex stakeholder landscape while managing concurrent tactical and strategic initiatives. They will possess the ability to perform assessments of IT General Controls and prepare appropriate working papers, including gathering information around understanding the IT environmental and requesting data to support these activities and assist in the Third-Party Vendor audit reports reviews. This individual will maintain a proactive and logical approach to information gathering and present complex ideas through clear communications.

Responsibilities

• Control Library: Maintain a Control Library aligned with the Risk Register with relevant control attributes.
• Control Design: Design and implement tests to assess the effectiveness of internal controls and compliance with regulatory standards.
• Control Testing: Perform control testing across financial, operational, and IT domains, including walkthroughs, re-performance, inspection, and observation techniques.
• Control Findings: Review and evaluate evidence to identify control deficiencies and recommend remediation strategies.
• Control Management: Collaborate with cross-functional teams to address audit findings and implement corrective actions.
• Third Party Review: Perform vendor risk assessments and review third-party control reports from an IT risk standpoint.
• GRC Tool: Support the development and enhancement of reporting tools and dashboards
• Issue Tracking: Develop and implement mechanisms for issue, complaint, and incident reporting to identify errors and remediate root causes.
• Compliance: Ensure compliance with regulatory requirements and industry best practices related to audit.

Qualifications

• Education: Bachelor’s degree in Information Technology, Computer Science, Accounting, Finance, Cybersecurity, Internal Audit or related discipline.