Sr Audit Manager - Professional Practices at Valley Bank

Morristown, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

31 Dec, 25

Salary

0.0

Posted On

02 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Internal Audit Strategy, Audit Techniques, Risk Assessment, Internal Control Assessments, Data Analytics, Communication Skills, Attention to Detail, Project Management, Problem Solving, Metric Design, Microsoft Office, Analytical Thinking, Business Writing, Quality Assurance, Regulatory Compliance, Mentoring

Industry

Banking

Description

Responsibilities include but are not limited to: * Strategy of the PP function to ensure the continued improvement of the Audit Team in providing value to the Bank. * Through proactive communication, provide continuous best practice recommendations suited for the size and business of Valley IAS and follow through to implementation. * Prepare a department-wide training program and annual plan, including onboarding, that is monitored and evaluated continuously as the risk landscape and related skill requirements change. * Review staff Skills Assessments to provide guidance and training to the team quarterly and via ad hoc training as needed. * Facilitate the department's recruiting process and consulting engagements to ensure the right talent is being engaged. * Assist the CAE and Directors in the preparation of reports and presentations to management, regulators and the Audit Committee. * Oversee the performance of Quality Assurance Reviews of all aspects of the audit process through robust challenge and review process. This includes leading the teams to execute quality reviews over audit reports and issuance. * Be the central point of contact for regulatory requests; manage the sequence and internal coordination, leveraging our Audit Coordinator, for all regulatory deliverables, aligned with the deadlines. * Coordinate IAS Activities with the Regulatory Relations Team. * Partner with the DA Team to ensure IAS's digital tools and techniques continue to evolve. * Keeps abreast of current developments in the auditing profession and changes in regulatory requirements * Collaborate with the CAE, Audit Coordinator and budget management to establish effective spend tracking. * Works to build productive relationships with peers, internally and externally, e.g., 1 and 2 LOD. * Mentor and train PP staff on advanced professional practices, methodology, and relevant regulations. Qualifications Required Skills: * Advanced knowledge of IA strategy for the continued evolution of a top-quality value-added IA function. * Expert knowledge of audit techniques, risk and internal control assessments, workpaper standards and risk assessments. Basic understanding of data analytics. * Excellent verbal and written communication skills. * Strong attention to detail. * Strong ability to prioritize and organize assignments, managing multiple projects simultaneously. * Advanced ability to solve practical problems and deal with unforeseen variables in situations. * Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule format. * Ability to design and report metrics for Board Reporting. * PC skills for Microsoft Office -- Word, Excel, PowerPoint and Outlook. * Exposure/experience to AuditBoard is a plus. * Strong analytical and critical thinking, ability to analyze a process for strengths, weaknesses and efficiencies. * Demonstrates appropriate and effective business writing, e.g. audit issues and memos. Required Experience: * Bachelor's Degree in Business Related field such as Accounting, Finance or MIS. Minimum 10 years Internal audit experience in the Finance industry, preferably Banking. Preferred Experience: * Experience in a Professional Practices function is strongly preferred.

Responsibilities

The Sr Audit Manager - Professional Practices will lead the strategy for the Professional Practices function, ensuring continuous improvement and value delivery by the Audit Team. Responsibilities include overseeing quality assurance reviews, managing regulatory requests, and mentoring staff on advanced practices and methodologies.