Senior Audit Group Manager (US) - Compliance

TD Bank • Mount Laurel, NJ

6d

About The Position

The Senior Audit Manager is a senior-level leader within the U.S. Compliance Internal Audit function, managing a team of audit professionals and providing specialized in-depth subject matter expertise with respect to US Consumer Compliance Regulations (e.g. UDAAP, ECOA, TILA, HMDA, RESPA, EFTA). In addition to overseeing multiple, complex audit engagements and issue validations, the Senior Audit Manager directly manages a team of 4-5 auditors, providing guidance and development for team member and overall team growth.

Requirements

• Undergraduate degree required
• 10+ years of relevant experience
• Advanced knowledge of audit standards, laws, rules, and regulations
• Ability to contribute to strategic direction of the audit function and provide advice to senior leadership
• Knowledge in subject matter areas, specifically consumer financial regulations
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion of audit
• Skilled in mentoring, coaching, and performance management
• Thrives in fast-paced and challenging environments
• Advanced skills in building and maintaining relationships within, and external, to audit
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), and experienced with risk management and audit tools
• Concentrating for long periods of time – Continuous
• Applying common sense to deal with problems involving standardized situations – Continuous
• Reading, writing and comprehending instructions – Continuous
• Adding, subtracting, multiplying and dividing – Continuous

Nice To Haves

• Banking industry audit experience with focus on Regulatory Compliance strongly preferred
• Relevant professional certifications, accounting designations, or other relevant industry certifications strongly preferred (e.g., CRCM, CIA, CPA)

Responsibilities

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Oversees and leads a large, significant and/or highly complex, and diverse audit team for an area of significant risk, complexity or scope
• People Manager role that generally manages a team of Audit professionals / specialists
• Strategic advisor to leadership team on the management of the portfolio and financials, with deep industry, external / internal, enterprise knowledge, recognizing and anticipating emerging trends and identifying operational efficiencies and opportunities with other business management / enterprise areas
• Facilitates key strategic audit discussions and provide thought leadership to executives
• Sets operational team direction and collaborate with others to execute on common goals
• Focuses on long term planning for functional area
• Ability to process and handle confidential information with discretion
• Develops, communicates and implements a holistic strategy for audit area of expertise in support of and integrated with the overall audit strategy
• Oversees / leads / manages and plans audit engagement work activities to ensure adequate risk coverage which may require alignment across multiple areas
• Review of Audit Planning Memorandum (APM), Process Risk and Control Matrix (pRCM), Findings Grid and Audit Report
• Completes L2 reviews / sign off on all audit activities (i.e. walkthroughs, test scripts, test results, grid, evidence uploads)
• Acts as lead audit advisor to management and respective teams for area of specialization. Reports on emerging trends, identifying issues and opportunities and recommending action to senior management
• Acts as a strategic audit advisor by providing counsel and guidance on audit issues.
• Leads relationships with key enterprise partners and interface with respective leadership team to effectively manage own audit area and clarify scope of accountabilities while influencing and aligning others as needed
• Ensures an integrated and aggregated view of all related activities across the overall function providing escalations, recommendations, and decision support to leadership
• Forecasts initiatives and demand, and coordinates prioritization of the portfolio / initiatives with key stakeholders
• Provides functional / business level communications to ensure messages to stakeholders and/or leaders are consistent, appropriate and aligned to business strategies and executive management direction
• Leads the team in the development and/or integrated implementation of policies / processes / procedures / changes across multiple audit areas
• Ensures team 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 potential opportunities to improve operational efficiencies for their business area
• Leads relationships with business lines / corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements
• Supports team in staying knowledgeable on emerging issues, trends, and evolving regulatory requirements and assesses potential impacts to the Bank
• Assesses / identifies key issues and escalates to appropriate levels and relevant stakeholders and audit management where required
• Maintains a culture of risk management and control, supported by effective processes and sound infrastructure in alignment with risk appetite
• Identifies, mitigates and reports on risk issues per enterprise policy / guidelines and ensures appropriate escalation processes are followed
• Leads or contributes to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations
• Oversees or leads the facilitation and/or implementation of own internal audit action/remediation plans to address performance / risk / governance issues
• Responsible for management of the overall team(s) providing both leadership and guidance.
• Sets targets and objectives for the team, and deliver results
• Grows team expertise to align with enterprise demand and the Bank's direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
• Fosters an environment / culture that encourages productivity, innovation, process improvement, teamwork and a high level of professionalism
• Co-ordinates necessary resources to ensure completion of Audit assignment by deadlines
• Provides coaching, development, succession, recruitment, resource management and overall team leadership for team members and provide regular input into team members’ assessment of performance and development plans
• Prioritizes and manages own workload in order to deliver quality results and meet timelines
• 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 business areas
• Participates in knowledge transfer within the team and business units
• Supports and manages teams through change
• Is a brand ambassador for Internal Audit both internally to the bank and externally

Benefits

• Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as 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, and reward and recognition.
• Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
• You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level