CFG Bank · 2 months ago
Senior Internal Audit and Risk Manager
Baltimore, MD
Full-time
Hybrid
Senior Level
$175K/yr - $195K/yr
7+ years expCFG Bank provides comprehensive commercial, personal, and online banking solutions to businesses in the Mid-Atlantic region. The Senior Internal Audit and Risk Manager is responsible for overseeing internal audit and enterprise risk management functions, ensuring regulatory compliance, and strengthening risk governance.
BankingCommercialFinancial Services
Responsibilities
Develop and execute, with our Internal Audit partner, a comprehensive, risk-based internal audit plan aligned with financial services regulations (e.g., FFIEC, SOX, Basel III)
Lead audits across business units including lending, investments, treasury, operations, and compliance
Evaluate the effectiveness of internal controls over financial reporting and operational processes
Ensure audit practices comply with IIA standards and regulatory expectations
Oversee the enterprise risk management (ERM) framework, including identification, assessment, and monitoring of key financial, operational, and compliance risks
Collaborate with business leaders to develop and implement risk mitigation strategies
Monitor emerging risks such as regulatory changes and market volatility
Ensure adherence to financial regulations including FDIC, OFR, FRB and other applicable bodies
Support regulatory examinations and liaise with internal audit partners and external auditors
Maintain up-to-date knowledge of industry trends, regulatory developments, and best practices
Present audit findings, risk assessments, and control recommendations to senior management and the audit committee
Prepare high-quality reports that clearly articulate issues, root causes, and actionable recommendations
Serve as a trusted advisor to business units on risk and control matters
Manage and mentor our internal auditor partners and internal audit staff
Promote a culture of accountability, transparency, and continuous improvement
Lead training and awareness initiatives on risk and control topics
Qualification
Required
Bachelor's degree in Accounting, Finance, Business, or a related field
Minimum of 7 years of progressive experience in internal audit and risk management within the financial services industry
In-depth understanding of financial products, banking operations, and regulatory frameworks including SOX, Basel III, and FFIEC guidelines
Proficiency in audit and risk management software
Strong analytical skills, with excellent communication and stakeholder engagement capabilities
Ability to influence senior stakeholders and drive change in a regulated environment
Preferred
Master's degree
Professional certifications such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor), or CRMA (Certification in Risk Management Assurance)
Experience with digital banking, fintech, or investment services
Familiarity with risk modeling, stress testing, and scenario analysis
Experience with data analytics tools such as Power BI
Benefits
Employer-provided health benefits: medical insurance, dental and vision insurance, disability insurance, life insurance, mental health support services, and comprehensive wellness program
Paid time off: vacation days, sick leave, volunteer days
Retirement plan: 401(k) with employer match
Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions
Company
CFG Bank
CFG Bank is a full-service commercial bank that provides financing to multifamily and healthcare properties nationwide.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$195MKey Investors
J.C. Flowers & Co.
2023-12-20Private Equity· $125M
2021-06-03Debt Financing· $30M
2018-12-11Debt Financing· $40M
Leadership Team
Bill Knott
President and CEO
Bill Wiedel
President and CEO
Recent News
2025-12-09
2025-12-05
2025-12-05
Company data provided by crunchbase