Senior Audit Specialist
2 months ago
This role provides senior-level expertise in audit engagements, primarily centered in risk management and capital management portfolios. The successful candidate will possess in-depth business and risk knowledge to assess associated risk and controls.
Key Responsibilities- Stay abreast of best practices, industry developments, and changing or emerging risks, consulting with the audit team to ensure coverage in assigned audits.
- Participate in the execution of audit procedures, particularly those highly visible and complex in nature, in a risk-focused manner while maintaining independence and adhering to department and professional industry standards.
- Analyze audit findings, particularly those requiring complex judgment or sophisticated analytical thought, and propose creative and pragmatic solutions to the audit team for consideration in the final audit report.
- Drive audit teams in the planning and execution of validation procedures for Internal Audit and Regulatory issues that require subject matter expertise.
- Organize and complete work within established budgets and time frames with minimal direction from audit management.
- Incorporate the use of data analytics throughout all phases of the audit process.
- Inform and clearly demonstrate support for the department's strategic objectives.
- Possess strong management and interpersonal skills, making sound decisions independently, exhibiting initiative and intuitive thinking.
- Proactively communicate with senior management members of the audit team and line of business senior and executive regarding the status of audits and potential issues identified.
- Build strong partnerships with business stakeholders and audit team members.
- Demonstrate strong judgment, political astuteness, and sensitivity to cultural diversity.
- Coach and mentor junior audit team members through knowledge sharing, tailoring the approach based upon their skills and experience.
- Bachelor's degree, preferably in Accounting, Business, Finance, Technology, Cybersecurity, Mathematics, Statistics, or other related technical field, and 7 years of relevant experience, inclusive of 2 years of work leadership experience.
- Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
- 5-7 years of quantitative expertise/knowledge (model development/model risk management experience), capital planning/stress testing, and/or risk modeling experience required.
- Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and critical thinking.
- Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.
- This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style.
- Bachelors and/or MBA or Master's degree in an preferably in Accounting, Business, Finance, Technology, Cybersecurity, Mathematics, Statistics, or other related technical field highly referred, plus above referenced work experience.
- Internal Audit in banking/financial services and/or in public accounting preferred.
- Related certifications (CPA, CIA, CISA or similar); FRM, CFA certifications preferred.
- Financial Services Industry experience preferred.
- Specific subject matter expertise in one or more of the following areas, quantitative expertise supporting model development and/or model risk management activities, capital planning and stress testing, or risk assessment/measurement activities.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $100, $167,686.57 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of America
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