Audit Manager - BSA/AML (Hybrid - See Possible Locations In Job Description))

*This role is hybrid 3 days a week in office in Buffalo, NY, or Bridgeport, CT, or Wilmington, DE*

Overview:

This role will be responsible for managing the execution of the BSA/AML audit plan across the core AML pillars such as KYC, SAR, OFAC, etc. This role also has responsibility for developing and planning audit coverage over Fraud Risk Management and experience in this discipline would be beneficial. The role will include coaching team members to deliver a quality product in line with department and industry standards and expectations. The Audit Manager will be responsible for overseeing ongoing risk assessment, control identification, audit execution and continuous auditing of their applicable audit portfolio.  As a member of the Audit Management Team, this leadership role supports continued enhancements to audit methodology, ongoing stakeholder engagement, talent management, and overall promotion of the Audit Department within the organization.

Primary Responsibilities:

Successful Audit Plan Completion

• Support the department’s risk assessment process and development of the annual audit plan to determine audit coverage for designated lines of business.
• Independently mange all phases of the audit process, including continuous auditing and validation procedures, in a risk focused manner for designated lines of business, ensuring independence and adherence to department and professional industry standards.  This includes staying abreast of best practices, industry developments, and changing or emerging risks and ensuring their coverage as appropriate.
• Consult with business stakeholders regarding risk and control matters. This includes proposing solutions to audit findings, offering recommendations for control enhancements, and representing Audit on working groups within the business as appropriate.
• Manage multiple tasks concurrently in an efficient and effective manner with minimal oversight.
• Lead teams in incorporating the use of data analytics to drive decisions throughout all phases of the audit process.
• Clearly demonstrate visible support for the department’s strategic objectives.

Leadership, Decision Making, and Communication

• Possess strong management and interpersonal skills, make 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 management regarding the status of audits and potential issues identified.
• Build strong partnerships with and influence business stakeholders and audit team members.
• Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity. 

Developing Others

• Coach, mentor, and oversee the work of junior audit team members, tailoring the approach based upon their skills and experience. Actively participate in overall staff development for the department.
• Work closely with the Audit Director concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations for direct reports.

Other Responsibilities

• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators, as applicable.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
• Complete other related duties as assigned.

Scope of Responsibilities:

• This role is responsible for the timely delivery of high quality, value-added audit services for a variety of business activities, which meet the requirements of the Audit Committee and regulatory expectations.  Ensures ongoing conformance with professional auditing standards.
• This position directly communicates with Senior, Middle and Line Management and External Auditors.  Builds strong partnerships with business stakeholders and other audit team members. 
• This role also requires periodic interaction with external regulatory agencies.

Supervisory/ Managerial Responsibilities:

• This position will have direct supervisory responsibilities for certain members of the audit team and may also provide coaching opportunities for certain audit professionals on other engagements.

Education and Experience Required:

• Bachelor’s degree, preferably in Accounting, Business, Finance, Technolog