Internal Audit: Quality Assurance / Professional Practices Consultant

About the role

This role will be hybrid onsite 4 days/week (1 day remote), base out of: Buffalo NY, Wilmington DE, Bridgeport CT, or Iselin NJ. Must be within a commutable distance or willing to relocate.

Primary Responsibilities

• Effective Internal Audit Practices Design, maintain, and/or execute an effective quality assurance program that assesses IA’s conformance to professional auditing standards and IA’s methodology while aligning to regulatory expectations.
• Demonstrate the ability to effectively challenge audit teams on scope, approach, and results.
• Stay abreast of best practices, industry developments, and changing or emerging risks and consult with the audit teams to ensure their coverage as appropriate in assigned audits.
• Demonstrate thorough understanding of Internal Audit’s methodology, provide sound advice to audit teams in their execution of audit procedures, and identify opportunities to enhance IA’s methodology.
• Design, maintain, and/or execute an effective quality assurance program that assesses IA’s conformance to professional auditing standards and IA’s methodology while aligning to regulatory expectations.
• Demonstrate the ability to effectively challenge audit teams on scope, approach, and results.
• Perform thorough industry research and analyze the current environment to drive methodology changes in coordination with the Professional Practices Director and Chief Auditor.
• Design, maintain, and/or execute effective internal audit processes and reporting to support the operations of the division on a daily basis.
• This includes operational processes performed within the Professional Practices as well as the entire division and reporting provided to internal and external stakeholders.
• Successfully contributes to the success of the Division through partnership with peers and others in the execution of activities beyond those of primary ownership.
• Organize and complete work within established budgets and timeframes with minimal direction from audit management.
• Incorporate the use of data analytics and automation throughout all aspects of the Professional Practices program.
• Inform and clearly demonstrate support for the department’s strategic objectives.

Leadership, Decision Making, and Communication

• Possess strong management and interpersonal skills, make sound decisions independently, exhibiting initiative and intuitive thinking.
• Proactively communicate with senior management members of the audit team and other key stakeholders throughout the organization.
• Build strong partnerships with stakeholders and audit team members.
• Demonstrates strong judgment, political astuteness, and sensitivity to cultural commitment.

Developing Others

• Coach and mentor junior audit team members through knowledge sharing, tailoring the approach based upon their skills and experience.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• 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.

Scope of Responsibilities

• This role operates independently within a matrix reporting environment and is responsible for ownership of one or more programs within the Professional Practices team of the Internal Audit Division.
• Programs of direct ownership may include one or more of the following: Audit Methodology, Operations and Reporting, Quality Assurance, and Talent Management.
• Deliverables are of high-quality, add value to the Division and the organization, which meet professional auditing standards and regulatory expectations.
• This position directly communicates with Senior, Middle and Line Management and External Auditors.
• Builds strong partnerships with business stakeholders and other audit team members.
• This role also requires periodic interaction with external regulatory agencies.

Managerial/Supervisory Responsibilities

• May provide coaching opportunities for certain audit professionals with limited responsibility for performance management, compensation planning, or other similar duties.

Education and Experience

• Required: Bachelor’s degree, preferably in Accounting, Business, Finance, Technology, Cyber security, Mathematics, Statistics or other related technical field and 7 years’ of relevant experience, including 2 years’ of leadership experience, or in lieu of degree, 11 years’ higher education and/or work experience including 2 years’ managerial experience.
• Preferred: MBA or Master’s degree in an appropriate field, Related certifications (CPA, CIA, CISA or similar), Financial Services Industry experience.