Vice President, Internal Audit Technology & Change (Application and Data Management)

About CLS:

CLS is the trusted party at the centre of the global FX ecosystem.  Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective.  Trillions of dollars’ worth of currency flows through our systems each day. 

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies.  We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people.  Our values – Protect, Improve, Grow – underpin everything that we do at CLS and define and shape a supportive and inclusive working environment in which everyone is encouraged to be open and forward-thinking.

Job information:

• Functional title - Vice President, Internal Audit - Technology & Change (Application and Data Management)
• Department - Internal Audit
• Corporate level – Vice President
• Report to - Director, Internal Audit - Technology & Change
• Location – London/New York 

What you will be doing:

• Play a critical role in the delivery of the audit plan. This will involve hands-on end-to-end delivery of a range of Technology and Operational audits across the company, both autonomously or leading teams of specialists, and reviewing team members work where applicable.
• Proactively plan, organize, perform, and manage work with minimal supervision at the same time be a strong team player.
• Support issue validation, control testing and identify areas of concern, articulating potential risk challenges.
• Support the continuous monitoring process for proactive identification of emerging risks within the technology division.
• Support the director and other senior colleagues build meaningful stakeholder relationships whilst making your own connections.
• Support the identification, build, and development of audit tools to drive efficiencies and innovations in the audit function.
• Proactively recommend and deliver improvements in the current technology risk landscape by being bold.
• Put the team first by leading junior team members with purpose, being present with the team and openly communicating expectations.
• Freely share timely insights, direct, effective feedback that contributes to the success of the audit plan and leaves a positive, sustainable impact on the function.

What we’re looking for:

• Experience working within Internal Audit, or Technology Risk & Control in a financial services environment (ideally banking) and audit experience across a range of different information technology disciplines in a financial institution.
• Ability to provide technical subject matter expertise during integrated audits.
• Good analytical and critical thinking skills, particularly in data management, data analysis, and ETL processes. Knowledge of how to use or apply data analytics to drive impactful audit outcomes, continuous risk monitoring and data analysis is desirable.
• Experience of dealing with all levels of management and interacting with C-suite executives.
• Excellent interpersonal and communications skills (verbal and written), including the ability to deliver challenging messages at all levels of management.
• Experience and understanding of regulatory requirements, e.g., FRBNY.
• Strong IT security and technical knowledge with approximately 5 years of experience within the industry.
• Strong operational and technical resilience knowledge, including Disaster Recovery.
• Working experience with common security/technology risk frameworks, for instance, ISO 27000, NIST, CIS Critical Security Controls, COBIT, IIA GTAG.
• Working experience with regulatory standards / requirements (US, UK) i.e., GDPR, BCBS 239, FFIEC 101, 3402, CHAPS, DORA.
• Working experience and/or knowledge of cloud, block chain, high volume transaction systems.
• Working experience and/or knowledge of application controls, input/output, configuration.
• Working experience and/or knowledge middleware, networks, operating systems, databases (Unix, Windows, AIX, DB2, Citrix).
• Working experience and/or knowledge of data analytics/ predictive analytics, data governance.
• Understand policy/directives, and ability to assess risks across all types of IT systems and operations

Professional qualifications / certifications

• Degree level education - Bachelor’s (BSc) degree in computer science, Computer Engineering, Information Technology/Security, or related field of study preferred.
• Whilst not a pre-requisite, relevant professional qualifications would be a plus such as Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), Certified Internal Auditor (CIA)

Our commitment to employees:

At CLS, we celebrate diversity and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:

• Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
• 2 paid volunteer days so that you can actively support causes within your community that are important to you.
• Generous parental leave policies to ensure you can enjoy valuable time with your family.
• Parental transition coaching programmes and support services.
• Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
• Affinity Groups (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about DE&I.
• Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
• Active support of flexible working for all employees where possible.
• Monthly ‘Heads Down Days’ with no meetings across the whole company.
• Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
• Private medical insurance and dental coverage.
• Social events that give you opportunities to meet new people and broaden your network across the organisation.
• Annual flu vaccinations.
• Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
• Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
• All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
• Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.