Audit Manager II (US) - Financial Crimes - Issue Validation

TD • Mount Laurel, NJ

13d • Onsite

About The Position

The Audit Manager II is a senior-level leader within the U.S. Financial Crimes Regulatory Issue Validation Audit function, providing specialized in-depth subject matter expertise and responsible for Validating Regulatory Issues working through the audit methodology and working directly with impacted businesses and contributing to the planning and oversight to the validation function. The U.S. Financial Crimes Regulatory Issue Validation Audit function is primarily responsible for managing the validation process for regulatory issues as well as some Audit identified or self -identified issues that are related to existing regulatory issues. The Audit Manager II will lead or serve as Auditor-In-Charge on complex regulatory audit engagements and provide day-to-day leadership, coaching, and guidance to engagement team members driving high quality, effective and timely execution of audit engagements, deadlines, budgets, and project plans. The main function of the Audit Manager II – U.S. Financial Crimes Regulatory Issue Validation Audit is to oversee testing of design and operational effectiveness focused on Regulatory Issue validation as well as Internal issue validation tied to regulatory issues and managing the suite of work required to meet regulatory deadlines and internal timelines through tracking and monitoring all items within the teams scope of work.

Requirements

• Undergraduate degree required
• 7+ years of relevant experience
• Advanced knowledge of audit standards, procedures, laws, rules, and regulations
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion of audit
• Skilled in mentoring, coaching, and performance management
• Ability to work independently as well as collaboratively in a team environment
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to contribute to strategic direction of the audit function and provide advice to senior leadership particularly around process improvement
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with risk management and audit tools

Nice To Haves

• Experience as a former OCC, CFPB, FDIC, FRB, or NCUA compliance examiner
• Banking industry audit experience with focus on Financial Crimes Compliance and issue validation strongly preferred
• Relevant professional certifications, or other relevant industry certifications strongly preferred (e.g., CIA, CRCM, CAMS)

Responsibilities

• Lead or serve as Auditor-In-Charge on complex regulatory audit engagements.
• Provide day-to-day leadership, coaching, and guidance to engagement team members.
• Oversee testing of design and operational effectiveness focused on Regulatory Issue validation as well as Internal issue validation tied to regulatory issues.
• Manage the suite of work required to meet regulatory deadlines and internal timelines through tracking and monitoring all items within the teams scope of work.
• Support the development and implementation of audit programs by contributing insights and assisting with planning activities.
• Participate in audit engagements across multiple areas, helping ensure audits are conducted in line with established standards and timelines.
• Execute the development of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report.
• Complete L1 reviews/sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads).
• Oversee / lead audits and/or execute the follow-up of findings arising from internal audits and regulatory reviews in accordance with policy.
• Oversee / lead the ongoing audit communications and/or the reporting process with the stakeholders, senior management and external auditors for specific and/or overall Audit area.
• Contribute to audit initiatives by providing input and assisting in the design and testing of solutions, as well as supporting implementation efforts.
• Lead / manage the integrated implementation of policies / processes / procedures / changes across multiple functional areas.
• Act as the audit lead or audit advisor to management and respective teams for area of specialization.
• Report on emerging trends, identifying issues and opportunities and recommending action to senior management.
• Facilitate key discussions and provide thought leadership to executive audience.
• Adhere to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contribute to the review of internal processes and activities and assist in identifying control weaknesses / failures, potential opportunities to improve operational efficiencies for their business area.
• Actively manage relationships with business lines / corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank.
• Assess / identify key issues and escalate to appropriate levels and relevant stakeholders where required.
• Maintain a culture of risk management and control, supported by effective processes and sound infrastructure in alignment with risk appetite.
• Participate in cross-functional / enterprise initiatives as a subject matter expert helping to identify risk / provides guidance for complex situations.
• Provide thought leadership and/or industry knowledge for own area of expertise.
• Encourage a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interest.
• Identify and recommend opportunities to enhance productivity, effectiveness and operational efficiency.
• Work effectively as a team, supporting other members of the team in achieving business objectives and providing stakeholders services.
• Participate in knowledge transfer within the team and business units.
• Contribute to the overall performance management process by providing coaching and input into team members' assessment on assigned audits.

Benefits

• Base salary
• Variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development
• Reward and recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 101-250 employees