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Audit Team Lead - 3DKDE in Buffalo, NY at M&T Bank

Date Posted: 8/9/2018

Job Snapshot

Job Description

Audit Team Lead

Buffalo, NY

 

FUNCTION:


This experienced Supervising Senior Auditor role will be responsible for leading and executing audits across a defined audit portfolio to deliver a quality product in line with department and industry standards and expectations. This role will be responsible for overseeing ongoing risk assessment, control identification, audit execution and continuous monitoring of their applicable audit portfolio. This role also communicates control improvements to Bank management and will oversee audit staff on applicable engagements. This role operates in more complex or sensitive areas with limited daily involvement by Audit Management.
POSITION RESPONSIBILITIES:
Plan, execute, and document audits with limited supervision in a risk focused manner while maintaining independence and department and professional standards.
Evaluate, test, and report on the adequacy and effectiveness of the control environment.
Analyze risks and proactively identify the root-cause of issues with a view to providing recommendations for improvement where weaknesses are identified.
Finalize audit findings and use judgment to provide an overall opinion on the control environment.
Implement and execute an effective program of continuous monitoring for assigned areas. This includes monitoring of key metrics to identify control issues and adverse trends in the control environment and keeping abreast of key initiatives and pertinent industry and regulatory developments.
Supervise Senior Auditors, Assistant Senior Auditors, and Staff Auditors as needed.
Independently establish appropriate budgets and timeframes with minimal input from the Manager.
Directly communicate audit status and findings with Middle and Line Management and External Auditors.
Deliver on-time, high-quality reports that require limited revision by Audit Management. Complete comprehensive validation procedures on Internal Audit and Regulatory issues.
For less complex audits, this role may assume full audit managerial responsibilities.
Provide advisory services to assigned businesses in areas of expertise and participate in or lead special projects, investigations and initiatives as necessary.
Contribute to the Department’s Risk Assessment process (assist in identifying, analyzing, and assessing risk throughout the Bank).
Gain and develop a detailed understanding of processes or associated technology to identify control gaps or to make recommendations that address the identified gaps.
Work with Management to obtain responses that address the identified issues and ensure closure dates appear reasonable.
Integrate auditing concepts and the use of technology and make suggestions to Audit leadership on audit approach changes to improve the efficiency and effectiveness of audit procedures.
Influence a wide range of audiences including respective product or functional support partners.
Directly communicate with Senior, Middle and Line Management and External Auditors.
Stay abreast of best practices and industry developments and incorporate into audit coverage.
Manage multiple tasks concurrently in an efficient and effective manner with minimal oversight.
Build strong partnerships with business stakeholders and other audit team members.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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.
Promote an environment that supports diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.
NATURE AND SCOPE:
This role is responsible for leading, planning and executing the delivery of high quality, value-added audit services for a variety of business activities (often complex in nature), which meet the requirements of the Audit Committee and regulatory expectations. Ensures ongoing conformance with professional auditing standards.
This position directly communicates with Senior, Middle and Line Management and External Auditors.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
This position will have certain audit personnel oversight responsibilities on audits in which they function as Lead Auditor. This role may also provide coaching opportunities on other engagements.
MINIMUM QUALIFICATIONS REQUIRED:
Bachelors’ degree in Technology/Accounting/Finance/Business, or related discipline and a minimum of 5 years’ experience in a related role, inclusive of 1 year supervisory experience, or in lieu of a degree, a combined minimum of 9 years of higher education and/or work experience, including a minimum of 5 years’ experience in a related role, inclusive of 1 year supervisory experience.
Strong leadership skills and ability to develop and coach others.
Strong written and verbal communication skills.
IDEAL QUALIFICATIONS PREFERRED:
Strong commercial credit experience, preferably in a risk management or audit role, within the financial services industry.

A high level of experience assessing commercial credit risk in lending and trading activity, together with broad product exposure across asset classes to both vanilla and structured transactions.

Strong analytical skills and willingness to keep up with industry and regulatory developments and to learn new concepts and methods.

Related certifications (CPA, CIA, CISA, CAMS or similar).
MBA or Master’s degree in an appropriate field.
Financial Services Industry experience preferred.

 

We encourage candidates with relevant military experience to apply.

About M&T

At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.

 
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.