Senior Audit Manager - IT/Data at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

In-depth knowledge of IT portfolio supporting retail banking and money movement domains, including security and resilience of digital banking platforms, customer identity and access management, and fraud risk management
Strong business and risk knowledge to assess associated risks and controls
Ability to stay abreast of best practices, industry developments, changing or emerging risks
Experience managing all phases of audits, including continuous auditing and validation procedures, with minimal oversight
Skills in using data analytics to drive audit decisions
Ability to interact directly with regulators during examinations and MRA/MRIA validations
Coaching, mentoring, and staff development experience
Understanding of company's risk and regulatory standards, policies, and controls
Ability to exercise managerial authority on staffing, performance appraisals, promotions, salary recommendations, performance management, and terminations
Willingness to work hybrid 3 days/week in office in Buffalo NY, Bridgeport CT, or Wilmington, DE

Responsibilities

Support the department’s risk assessment process and development of the annual audit plan for designated lines of business
Independently manage all phases of the audit process, including continuous auditing and validation, ensuring independence and adherence to standards
Consult with business stakeholders on risk and control matters, propose solutions to findings, recommend control enhancements, and represent Audit on working groups
Manage multiple tasks concurrently with minimal oversight
Lead audit teams in incorporating data analytics throughout the audit process
Demonstrate support for and drive the department’s strategic objectives
Communicate proactively with Senior Directors - Audit and line of business management on audit status and issues
Build partnerships and influence business stakeholders and audit team members
Coach, mentor, and oversee less experienced audit team members; participate in staff development
Work with Senior Director - Audit on staffing, performance appraisals, promotions, salary recommendations, performance management, and terminations
Understand, adhere to, design, implement, maintain, and enhance internal controls to mitigate risk
Maintain M&T internal control standards, including timely implementation of audit points and regulator issues
Complete other related duties as assigned
Assist in department’s strategic vision, including audit methodology enhancements, stakeholder engagement, talent management, and promoting the Audit Department

Skills

IT Audit

Risk Assessment

Audit Management

Continuous Auditing

Identity Access Management

Fraud Risk Management

Digital Banking Security

Control Assessment

Stakeholder Engagement

Audit Methodology

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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