Audit Manager II - Liquidity/Credit Risk

TD Bank•Mount Laurel, NY

About The Position

The Audit Manager II provides specialized expertise to guide audit planning, risk assessment, and execution. The role helps shape the strategic direction of the audit function, aligns audit work with enterprise risk frameworks, and supports the broader audit strategy. The position works autonomously as a lead in a specialized audit practice area, provides direction and guidance to others, and may lead or supervise complex audits through completion. It may have enterprise-wide impact and requires discretion in handling confidential information. The role manages audit engagements end to end, including scope assessment, fieldwork planning, staff assignments, workpaper review, issue drafting, and audit reporting. It conducts annual risk assessments for responsible Auditable Entities, validates assigned issues after remediation, performs quarterly continuous monitoring, and prepares quarterly regulatory updates. The Audit Manager II also oversees or performs multiple complex audits and related work, advises management in the area of specialization, and reports emerging trends, issues, and opportunities to senior management. The position collaborates with business lines, control functions, stakeholders, senior management, and external auditors. It supports audit programs and initiatives, implements policies and process changes across functional areas, maintains alignment with internal policies and regulatory requirements, and contributes to team development through coaching, knowledge transfer, and performance feedback.

Requirements

Undergraduate degree required.
At least 7 years of relevant experience.
Experience managing audit engagements from beginning to end, including scope assessment, fieldwork planning, staff assignment, workpaper review, issue drafting, and audit reporting.
Ability to perform risk assessments for assigned Auditable Entities.
Ability to validate issues after remediation, conduct quarterly continuous monitoring, and prepare quarterly regulatory updates.
Ability to review and sign off on audit activities and related documentation.
Ability to handle confidential information with discretion.
Knowledge of applicable regulatory guidelines, internal policies, enterprise frameworks, and audit methodologies.

Responsibilities

Manage audit engagements from beginning to end, including scope assessment, fieldwork planning, staff assignment, L1 review of workpapers, drafting issues, and preparing audit reports.
Lead and/or provide supervisory oversight for complex audits and ensure their completion.
Perform annual risk assessments for assigned Auditable Entities.
Validate assigned issues within 90 days after the business completes remediation.
Conduct quarterly continuous monitoring through ongoing stakeholder dialogue and dashboard documentation.
Update quarterly regulatory templates for sharing with U.S. regulators.
Develop audit planning documents, including the Audit Planning Memorandum, Process Risk and Control Matrix, Findings Grid, and Audit Report.
Complete L1 reviews and sign off on audit activities, including walkthroughs, test scripts, test results, grids, and evidence uploads.
Oversee or perform concurrent audits and related tasks from end to end, including audit follow-up for findings from internal audits and regulatory reviews.
Manage ongoing audit communications and reporting with stakeholders, senior management, and external auditors.
Contribute insights to audit program development, planning, and the design, testing, and implementation of audit solutions.
Lead integrated implementation of policies, processes, procedures, and changes across multiple functional areas.
Act as audit lead or advisor to management and teams in the area of specialization.
Report emerging trends, identify issues and opportunities, and recommend actions to senior management.
Adhere to internal policies, enterprise frameworks, methodologies, and applicable regulatory guidelines; help identify control weaknesses and operational efficiency improvements.
Maintain relationships with business lines, corporate functions, and control functions, ensuring alignment with enterprise and regulatory requirements.
Monitor emerging issues, trends, and regulatory requirements; assess potential impacts and escalate key issues as appropriate.
Contribute subject-matter expertise to cross-functional and enterprise initiatives and provide guidance on complex situations.
Provide thought leadership and industry knowledge, promote teamwork and timely communication, and recommend productivity and operational-efficiency improvements.
Support team performance objectives through collaboration, knowledge transfer, coaching, and input into team members' assessments on assigned audits.