Senior Audit Manager - Commercial Banking - M&T Bank : Job Details

Senior Audit Manager - Commercial Banking

M&T Bank

Job Location : Bridgeport,CT, USA

Posted on : 2024-11-26T07:31:24Z

Job Description :
Overview:This role will be responsible for leading assurance teams to deliver a quality audits in line with the department and industry standards and expectations. This role focuses on the Commercial Lending and Products portfolios, including credit, risk management and operations, which require in-depth business and risk knowledge to properly assess associated risk and controls The Senior Audit Manager (SAM) will be responsible for overseeing ongoing risk assessment, control identification, audit execution and continuous auditing of their applicable audit portfolio. As a member of the Audit Senior Management Team, this leadership role 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:Successful Audit Plan CompletionSupport 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 Audit Director 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.Leadership, Decision Making, and CommunicationPossess strong management and interpersonal skills, make sound decisions independently, exhibiting initiative and intuitive thinking.Proactively communicate with Audit Directors 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.Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity. Developing OthersCoach, mentor, and oversee the work of junior 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 Audit Director concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations for direct reports.Other ResponsibilitiesAdhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.Promote an environment that supports diversity 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.Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.Complete other related duties as assigned.Supervisory/ Managerial Responsibilities:This position will have 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, preferably in Accounting, Business, Finance, Technology, Cybersecurity, Mathematics, Statistics or other related technical field and 10 years of relevant experience, inclusive of 4 years supervisory/managerial experienceExperience in Commercial Lending and Products portfolios, including credit, risk management and operations Related certifications (CPA, CIA, CISA, CAMS or similar)Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking.Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style.Strong leadership skills and ability to develop and coach othersEducation and Experience Preferred: MBA or Master's degree in an appropriate field.Financial Services Industry experience preferred#LI-RS1 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.LocationBridgeport, Connecticut, United States of AmericaSummaryLocation: Bridgeport, CTType: Full time
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