This position is responsible for the ongoing execution and maintenance of the internal quality assurance program under the oversight of the Senior Audit Manager- Professional Practices. This position also provides assistance with the refinement, documentation, training and implementation of a risk-based audit methodology that aligns with the Department’s risk assessment program and meets industry standards and regulatory expectations.
Primary Responsibilities:Plan and execute ongoing quality assurance (QA) reviews in accordance with the Audit Department’s methodology and professional standards.Stay attuned to regulatory climate and emerging trends, and synthesize implications to the Auditing function and methodology.Identify QA sampling through risk assessments, regulatory trends, business needs and random selection.Prepare quarterly observation reports for Audit Committee review, as well as other routine and ad hoc quality observations, and status updates regarding the quality assurance program, to Audit Department Management.Periodically interact with Senior Management of Bank, and external regulatory agencies, to coordinate initiatives. Act as the primary level support and responsible for the maintenance of the Audit Department training program; includes facilitating onboarding activities, leading periodic training sessions, and providing ongoing support to Audit Department personnel to ensure team is informed of industry standards and regulatory expectations.Establish and manage appropriate budgets and timeframes associated with QA reviews.Support the Senior Audit Manager- Professional Practices in providing oversight of the Audit Department’s ongoing and annual risk assessment activities. 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 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.Behave in a professional manner that always represents the Company in the highest ethical standard.Complete other related duties as assigned.Occasionally work with other departments to achieve overall company objectives.Responsible for maintaining a clean and safe working environment.Scope of Responsibilities:This position takes responsibility for identifying and effectively communicating audit quality deficiencies. Such deficiencies could lead to non-compliance with professional auditing standards and potential regulatory scrutiny and/or criticism. This position serves as a resource to Audit Department management and staff with respect to the application of the Audit Department’s methodology. This position also provides periodic risk and control training to Bank management on a periodic basis. This position is responsible for supervision of professional audit staff on a periodic basis.
Supervisory/ Managerial Responsibilities:This position may be responsible for the supervision of 1-2 professional audit staff on a periodic basis.
Education and Experience Required:Bachelor’s degree in an applicable field (i.e. Accounting, Finance or Management Information Systems)
5 + years relevant professional work experience
In lieu of a degree, 9+ years’ work experience including a minimum of 5 years’ relevant professional work experience.
3+ years audit experience.
Relevant professional certification (CIA, CISA, CBA, CPA, CRP, etc.) or ability to achieve certification within 1 year.
Advanced knowledge of audit theory or banking industry.
Experience with Microsoft Office suite (Word, Excel, PowerPoint and Visio)
Education and Experience Preferred:Excellent verbal and written communication skills.
Ability to interact with peers and all levels of management and represent the Audit Department in various settings.
MBA
Prior financial services experience
Detailed knowledge of auditing standards and examining agency expectations.
Proven leadership skills, with the ability to develop and motivate teams.
Strong organizational and resource management skills.
Physical Requirements:Ability to travel periodically (<10%).
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBuffalo, New York, United States of America