Audit Manager I

TD•New York, NY

7d•$110,000 - $130,000•Onsite

About The Position

The Audit Manager I executes audits for an assigned business, function or project as part of a team or as an individual contributor and/or provides expertise on audits ranging in complexity. This role may lead moderately complex audits and have responsibility for completion of the audit. The role will utilize AI and emerging technologies to enhance audit planning, testing, reporting and operational efficiency. The Audit Manager I will work as an audit subject matter expert and may coach and educate others. They will oversee and/or independently perform audits from end to end, and may lead moderately complex audits with responsibility for their completion. This role may also undertake and complete a variety of projects and initiatives, potentially including the integration of cross-functional processes within their area of expertise. The ability to process and handle confidential information with discretion is essential. Generally, this role leads a team focused on assigned audits, providing supervision and assignments to team members as Auditor in Charge, reviewing work papers, and drafting audit reports. Responsibilities include managing time and staffing budgets for upcoming audits, planning audits, and maintaining contact with management regarding audit scope, status, and findings. The role may perform testing procedures for more critical areas of audits, provide on-the-job training for staff, and supervise findings follow-up tasks with management and audit staff. The Audit Manager I may also serve as Auditor in Charge on an audit, participate in or lead assigned special projects, and provide feedback on staff performance on an audit project basis.

Requirements

Undergraduate degree or relevant professional certifications, accounting designations, or equivalent education required.
5+ years of relevant experience.
Proficient knowledge of audit standards, procedures, laws, rules and regulations.
Knowledge of AI, machine learning concepts and emerging technology risks.
Demonstrated ability to perform data-driven audits and leverage technology to enhance audit effectiveness.
Knowledge of current and emerging trends.
Skilled in mentoring/coaching others.
Skilled in using computer applications including MS Office.
Ability to communicate effectively in both oral and written form.
Ability to work collaboratively and build relationships.
Ability to work successfully as a member of a team and independently.
Ability to exercise sound judgement in making decisions.
Ability to analyze, organize and prioritize work while meeting multiple deadlines.
Strong knowledge of laws and regulations governing the banking industry.
Certification highly preferred or willingness to pursue certification.
Travel 25% or more.

Responsibilities

Executes audits for an assigned business, function or project as part of a team or as an individual contributor.
Provides expertise on audits ranging in complexity.
May lead moderately complex audits and have responsibility for completion of the audit.
Utilizes AI and emerging technologies to enhance audit planning, testing, reporting and operational efficiency.
Works as an audit subject matter expert and may coach and educate others.
Oversees and/or independently performs audits from end to end.
Undertakes and completes a variety of projects and initiatives, may include the integration of cross functional processes within own area of expertise.
Processes and handles confidential information with discretion.
Generally leads a team focused on assigned audit and generally assumes the lead position on the audit, providing supervision and assignments to team members as Auditor in Charge as well as reviewing work papers completed by staff and drafting audit report.
Responsible for time and staffing budgets for upcoming audits.
Responsible for planning of audits.
Responsible for contact with management regarding audit scope, status, and findings.
May perform testing procedures for more critical areas of audits.
Provides on-the-job training for staff.
Supervises findings follow up tasks with management and audit staff.
May be Auditor in Charge on an Audit.
May participate and/or lead assigned special projects.
Provides feedback on staff performance on an audit project basis.
Conducts audit work based on established audit plans and executes the audit in accordance with established standards ensuring completion.
Develops/contributes to the audit planning process for specific audits, ensuring appropriate programs and risk assessments are completed accordingly.
Manages the ongoing audit communications process with the client during and subsequent to the audit.
Presents objective and independent audit opinion on the adequacy of internal controls in accordance with established professional audit standards, including presentation of findings and recommendations to client and audit management.
Executes follow-up of findings raised from regulatory and internal divisional audits in accordance with firm policy.
Provides subject matter expertise and/or input to audit projects/initiatives as a representative for area of specialization.
Leads/supports the audit engagement and risk assessment process to identify key risks and identifies opportunities where controls are missing or are inadequate to mitigate these risks.
Adheres to internal policies/procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contributes to the review of internal processes and activities and assists in identifying control weaknesses/failures, potential opportunities to improve operational efficiencies for own business area.
May develop and provide complex reporting, analysis, and assessments at the functional or enterprise level.
Keeps current on emerging trends/developments and grows knowledge of the business, analytical tools and techniques and applies them where appropriate.
Develops and delivers audit findings, presentations/communications to management or broader audience.
Contributes to the analysis, due diligence and implementation of initiatives within defined area of responsibility.
Continuously enhances knowledge/expertise in own area.
Supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest.
Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency.
Establishes effective relationships across multiple businesses.
Participates in knowledge transfer within the team and business units.
Works to achieve individual goals and supports other team members in the achievement of team goals and divisional objectives.