Senior Audit Manager Position Available In New York, New York
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Job Description
Overview:
This role will be responsible for managing and leading audits and coaching team members to deliver a quality product in line with department and industry standards and expectations. Oversees ongoing risk assessment, control identification, audit execution and continuous auditing of their applicable audit portfolio. As a member of the Audit Senior Management Team, assists in the development and support of the Department’s strategic vision including supporting continued enhancements to audit methodology, ongoing stakeholder engagement, talent management, and overall promotion of the Audit Department within the organization.
Primary Responsibilities:
Support the department’s risk assessment process and development of the annual audit plan to determine audit coverage for designated lines of business. Independently manage all phases of the process, including continuous auditing and validation procedures, with minimal oversight from the Senior Director – Audit and in a risk focused manner for designated lines of business, ensuring independence and adherence to department and professional industry standards. This includes staying abreast of best practices, industry developments, and changing or emerging risks and ensuring their coverage as appropriate. Consult with business stakeholders regarding risk and control matters. This includes proposing solutions to audit findings, offering recommendations for control enhancements, and representing Audit on working groups within the business as appropriate. Manage multiple tasks concurrently in an efficient and effective manner with minimal oversight. Lead audit teams in incorporating the use of data analytics to drive decisions throughout all phases of the audit process. Clearly demonstrate visible support for and assist in driving the department’s strategic objectives. Proactively communicate with Senior Directors – Audit and line of business senior and executive management regarding the status of audits and potential issues identified. Build strong partnerships with and influence business stakeholders and audit team members. Interact directly with regulators during the course of examinations and
MRA/MRIA
validations. Coach, mentor, and oversee the work of less experienced audit team members, tailoring the approach based upon their skills and experience. Actively participate in overall staff development for the department. Work closely with the Senior Director – Audit concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations for direct reports. Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Promote an environment that supports belonging and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned.
Scope of Responsibilities:
This role reports to a Senior Director – Audit and supports the overall execution of the audit plan via high quality, timely and value-added audit services, which meet the requirements of the Audit Committee and regulatory expectations. This senior role also ensures ongoing conformance with professional auditing standards. This position directly communicates with senior, middle and line management and external auditors. The position builds strong partnerships with business stakeholders and other audit team members. The role also requires periodic interaction with external regulatory agencies. The jobholder operates independently with minimal oversight to deliver on time, high quality audit reports.
Supervisory/Managerial Responsibilities:
This position has direct supervisory responsibilities for certain members of the audit team and may also provide coaching opportunities for certain audit professionals on other engagements.
Education and Experience Required:
Bachelor’s degree and a minimum of 9 years’ relevant work experience, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ relevant work experience Minimum of 3 years’ managerial, supervisory, and/or leadership experience Related certifications (CPA, CIA, CISA, CAMS or similar) Strong judgment skills Political astuteness Sensitive to cultural belonging Strong project management skills Strong interpersonal skills Creative problem-solving skills Effective negotiating skills Proactive, no surprises approach in communicating issues and strength in sustaining independent views Articulate and effective communicator, both verbally and in writing Energetic, charismatic and approachable style Strong leadership skills Experience developing and coaching others
Education and Experience Preferred:
Bachelor’s degree in Accounting, Business, Finance, Technology, Cybersecurity, Mathematics, Statistics, or other related technical field MBA or Master’s degree in an appropriate field. Financial services industry experience M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $145,114.31 – $241,857.18 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.