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Wilmington Trust · 3 weeks ago

Audit Professional Practices Consultant - Audit Methodology

Buffalo, NY

Full-time

Hybrid

Senior Level

$108K/yr - $179K/yr

7+ years exp

Wilmington Trust is seeking an Audit Professional Practices Consultant to provide senior level expertise in internal audit methodology and change management. The role involves overseeing and advancing the Internal Audit division's methodology, ensuring compliance with regulatory and industry standards, and mentoring junior team members.

Financial ServicesWealth Management

Responsibilities

Stay abreast of best practices, industry developments, and changing or emerging risks and consult with the audit teams to ensure their coverage as appropriate in assigned audits

Own and oversee the Internal Audit Division’s Audit Methodology and Change Management programs by maintaining, enhancing, and innovating internal audit practices and expectations within the department in partnership with Internal Audit Management and Senior Leadership

Demonstrate thorough understanding of Internal Audit’s methodology, provide sound advice to audit teams in their execution of audit procedures, and identify opportunities to enhance IA’s methodology

Performs thorough industry research and analyzes the current environment to drive methodology changes in coordination with the Professional Practices Director and Chief Auditor

Design, maintain, and/or execute effective internal audit processes and reporting to support the operations of the division on a daily basis

This includes operational processes performed within the Professional Practices as well as the entire division and reporting provided to internal and external stakeholders

Successfully contributes to the success of the Division through partnership with peers and others in the execution of activities beyond those of primary ownership

Organize and complete work within established budgets and timeframes with minimal direction from audit management

Incorporate the use of data analytics throughout all aspects of the Professional Practices program

Inform and clearly demonstrate support for the department’s strategic objectives

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 other key stakeholders throughout the organization

Build strong partnerships with stakeholders and audit team members

Demonstrates strong judgment, political astuteness, and sensitivity to cultural commitment

Coach and mentor junior audit team members through knowledge sharing, tailoring the approach based upon their skills and experience

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies

Promote an environment that supports belonging 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

Complete other related duties as assigned

This role operates independently within a matrix reporting environment and is responsible for ownership of one or more programs within the Professional Practices team of the Internal Audit Division

Programs of direct ownership include: Audit Methodology and Change Management

Deliverables are of high-quality, add value to the Division and the organization, which meet professional auditing standards and regulatory expectations

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

May provide coaching opportunities for certain audit professionals with limited responsibility for performance management, compensation planning, or other similar duties

Qualification

Internal Audit MethodologyChange ManagementRisk KnowledgeData AnalyticsFinancial Services ExperienceProject ManagementCoachingJudgmentCultural SensitivityRegulatory ComplianceStakeholder EngagementCommunication SkillsInterpersonal SkillsMentoringDecision MakingLeadership Experience

Required

Bachelor's degree, preferably in Accounting, Business, Finance, Technology, Cyber security, Mathematics, Statistics or other related technical field and 7 years' of relevant experience, including 2 years' of leadership experience, or in lieu of degree, 11 years' higher education and/or work experience including 2 years' managerial experience

This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style

Demonstrates strong judgment, political astuteness, and sensitivity to cultural commitment

Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative, and critical thinking

Ability to collaborate with senior management both within the Audit Division and throughout the organization to implement change effectively

Specific subject matter expertise regarding internal audit methodology and applicable regulatory expectations