What are the responsibilities and job description for the Audit Consultant (Reg. Compliance, Money Movement, Enterprise Platforms) position at Wilmington Trust?
THIS ROLE WILL BE HYBRID (4 DAYS/WEEK) ONSITE AND 1 DAY REMOTE BASED OUT OF: BUFFALO NY, WILMINGTON DE, or BRIDGEPORT CT. MUST BE WITHIN A COMMUTABLE DISTANCE OR WILLING TO RELOCATE.
Overview:
- This role provides senior level expertise in audit engagements that span multiple portfolios which require in-depth business and risk knowledge to properly assess associated risk and controls.
Primary Responsibilities:
Successful Audit Plan Completion
- 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.
- Participate in the execution of audit procedures, particularly those which are 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 that require 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.
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 regarding the status of audits and potential issues identified.
- Build strong partnerships with business stakeholders and audit team members.
- Demonstrates strong judgment, political astuteness, and sensitivity to cultural commitment..
Developing Others
- Coach and mentor junior audit team members through knowledge sharing, tailoring the approach based upon their skills and experience.
Other Responsibilities
- 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.
Scope of Responsibilities:
- This role operates independently within a matrix reporting environment and is responsible for the timely delivery of high quality, value-added audit reports for a variety of business activities (complex in nature), 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:
- May provide coaching opportunities for certain audit professionals but is not responsible for performance management, compensation planning, or other similar duties.
Education and Experience Required:
- 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. In lieu of degree, a combined minimum of 11 years higher education and/or work experience including 7 years of relevant work experience and 2 years of work leadership experience.
- 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.
- Specific subject matter expertise regarding internal audit disciplines.
- 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.
Education and Experience Preferred:
- MBA or Master's degree in an appropriate field preferred.
- Related certifications (CPA, CIA, CISA or similar).
- Financial Services Industry experience preferred.
Salary : $107,500 - $179,100