Audit Manager-Onsite

Duties and Responsibilities/Results

• Maintains a high level of productivity among department subordinates through careful supervision, including training, disciplining, evaluating, and making recommendations on the hiring, firing, and promoting of department staff.
• Provides for the efficient functioning of the department on a daily basis by scheduling and monitoring work activities including specific work assignments and breaks.
• Ensures that the department’s Audit Plan is adhered to by assisting in the establishment of the Audit Budget and in monitoring the Audit Budget on a weekly basis.
• Ensures adherence to the Audit Budget through the scheduling of audit commencements, assignment of In-Charge auditors to each audit, and allocation of staff.
• Makes sure that audits are performed properly by reviewing workpapers, determining if proper documentation exists to support findings, and by reviewing the scope of the data tested to determine if it is sufficient to render a valid opinion.
• Trains new Audit Staff in Bank administrative procedures and proper audit techniques, including the preparation of narratives and the development of audit programs, the format of workpapers, the use of support documentation, the proper documentation of an audit exception, and the use of audit sampling via diligent review and prompt feedback.
• Maintains the current, effective, and not outdated status of audits of various areas of the Bank by staying abreast of applicable regulatory requirements and guidance, professional standards, internal policies and procedures, and other relevant authoritative sources. Updates audit programs, workpapers, and process narratives accordingly and communicates key changes to the audit team.
• Monitors audit findings and regulatory issues and ensures they are tracked utilizing the Department’s automated workpaper software. Ensures follow-up efforts and resolution of audit findings and regulatory issues are adequately documented and timely.
• Maintains department personnel by conducting performance management activities for department staff, including setting expectations and goals, providing coaching and timely feedback, completing performance evaluations, and monitoring Balanced Scorecard (or similar) metrics to support development and accountability.
• Serves as the Audit Department’s audit management solution administrator (automated workpapers), including user access/role provisioning, workflow configuration, template and library maintenance, report/dashboard administration, data quality controls, and coordination of upgrades, and vendor support. Additionally, provides support and guidance to staff regarding troubleshooting of automated workpaper issues.
• Assesses emerging technologies and audit practices (e.g., AI-enabled analytics, continuous auditing/monitoring, automation) and recommends, pilots, and implements enhancements that improve audit quality, coverage, and efficiency, consistent with Bank policies and regulatory expectations.
• Designs, documents, and continuously improves department and audit processes (planning, scoping, fieldwork, issue validation, reporting, and follow-up), including standard workpaper structures, naming conventions, QA checkpoints, and cycle-time targets to support consistent execution across audits.
• Develops and maintains efficient approaches for audit data collection and analysis (e.g., standardized PBC/request lists, reusable test scripts, and automated reporting) and collaborates with Information Systems and business partners to obtain reliable data extracts and resolve data issues affecting audit execution.
• Demonstrates in-depth knowledge of internal audit practices and risk-based methodologies, including current tools, techniques, concepts, and emerging trends, and applies them to enhance audit planning, testing, documentation, and reporting.
• Serves as a collaborative teammate and effective leader who works constructively with others to achieve department goals, shares knowledge, and provides thought leadership to strengthen audit practices and team performance.
• Creates, maintains, and updates department procedures and incorporates changes into the Department’s Audit Manual as needed.
• Assists Management with preparation of Audit Committee packages by compiling auditor deliverables (e.g., Auditor’s Report, hours, and related support), performing completeness checks, and ensuring timely distribution to Audit Management.
• Assists with the coordination of the Safety & Soundness examination administrative items, including First Day Letter tracking, Officer’s Questionnaire distribution/collection, and maintenance of related correspondence and support files.
• Assists with the completion of Part 363 filing requirements by uploading the Annual Report and Management Letters to the FDIC and NYSDFS portals by the required deadline (generally April 30; adjust as applicable for leap year timing), retaining submission confirmations and supporting documentation.
• Monitors the progress of external audits of the Bank by working with the Bank’s accounting firm and regulatory examiners.
• Assists as needed by performing other related duties that may be necessary from time to time.

Required Qualifications

• Bachelor’s degree in Banking, Finance, Accounting or other business-related concentration.
• MBA preferred and/or audit-industry certification such as CIA, CFSA, or CRMA.
• Seven to ten years experience in performing financial and/or operational audits with at least five years involved managing an Audit Department.
• Demonstrated knowledge of the Global Internal Audit Standards.
• Demonstrated ability to manage multiple priorities concurrently and to direct team workload to meet deadlines and department objectives.
• Strong critical thinking, analytical, and problem-solving skills, with the ability to evaluate complex information and develop practical recommendations.
• Excellent written, verbal, interpersonal, and presentation skills, with the ability to communicate effectively across levels of the organization.
• Committed to an innovative, collaborative, and technology-enabled working style, including continuous improvement and adoption of digital tools where appropriate.
• Hands-on, results-oriented approach with a proactive mindset and a strong sense of ownership to drive work to completion.