Job Description
Job Description
Core Functional Summary
The Audit Manager is primarily responsible for supervising and coordinating the Bank’s internal audit process, as well as maintaining the efficiency and effectiveness of the Bank’s risk management audit program and internal controls and corporate governance. This leadership role is critical to providing independent, objective assurance and advisory services that support risk management, control effectiveness, and regulatory governance across the bank.
Essential Duties & Responsibilities
Responsibilities include the following; other duties may be assigned:
- Lead the planning, execution, and reporting of risk-based internal audits across key areas of the bank, including lending, deposits, operations, compliance, and IT (as applicable)
- Supervise and mentor a team of auditors, providing guidance, performance feedback, and professional development support
- Ensure the audit process covers the evaluation of the effectiveness of the Bank’s internal controls and risk management processes, identifying control gaps, inefficiencies, compliance with policies, procedures, as well as recommending areas for improvement
- Ascertain the audit reports prepared by third parties are of high-quality and present findings and recommendations to the Audit Committee of the Board
- Monitor the implementation of corrective actions and ensure follow-up audits are performed as needed
- Ensure audit activities are conducted in accordance with internal standards and regulatory requirements
- Collaborate with business units and support functions as well as external auditors to promote an integrated approach to risk oversight
- Stay current on industry trends, emerging risks, and regulatory developments affecting the banking sector
- Schedule, coordinate and organize all audits approved by the Audit Committee.
- Ensures compliance with regulations governing the Audit Committee.
- Engage internal and external auditors on behalf of the Audit Committee.
- Establish and implement Bank wide internal audit policies and procedures.
- Review the means of safeguarding assets and, as appropriate, verify the existence of such assets.
- Seek any information it requires from employees, all of whom are directed to cooperate with the Audit Manager’s request.
- Investigate any matter brought to the Board’s attention with full access to all books, records, facilities, and employees of the Bank.
Requirements and Qualifications
- Minimum of Bachelor’s degree in Business, Finance, Economics and/or related field (Master’s degree preferred).
- Minimum of ten years of bank audit experience and/or financial accounting experience.
- High level of interpersonal skills.
- Strong Compliance conviction.
- Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages
- Advanced Skills with Microsoft Office
- Certified Internal Auditor certification desirable
Competencies
- Partnership-Oriented
Ability to build and maintain collaborative relationships, fostering trust and mutual respect to achieve shared goals. Effective communication & Adaptability. Enhance Service Delivery. Conflict Resolution. Giving & Receiving feedback. Valuing Diversity.
- Business Acumen/Sophistication
Ability to understand and apply business principles, concepts, KPIs, and strategies to make informed decisions to contribute to organizational success. Analytical, Strategic & Critical Thinking. Solutions-Driven. Decision Making.
- Customer-Centric
Have a business-driven mindset, prioritizing customer’s needs. Problem-Solving. Growth Mindset. Aligning individual and department goals with bank’s business objectives. Omnichannel communication while maintaining personalized service. Client excellence.
- Innovative
Thinking outside the box and developing new ideas to improve ways of working. Ability to work with emerging technologies. Digital Transformational Mindset. Resource allocation. Technical Skills. Change Management. Continuous Learning. Transformational creativity. Agility & Flexibility. Automation & Process Optimization
- Regulatory & Risk Management
Adapting to changing regulations with a sound risk management. Analytical. Integrity & Rule Compliance. Regulatory Governance. Financial Crime Prevention. Operational Risk Avoidance. Risk-Aware Mindset. Cybersecurity. Corporate Social Responsibility.
- Hands-On
Being proactive to rapidly deliver high-quality results. Acquiring skills & knowledge through practical and active engagement. Real-world application. Lifelong Learner. Being curious and eager to develop skillset. SMART Goal Setting, Time Management. Proficiency. Training & Upskilling.
- Accountability
Ability to take responsibility and ownership. Fostering Trust. High Performance. Follow Through. Set Clear Expectations. Provide Resources & Coaching. Measuring work output. Process-Driven. Results-Oriented. Consistency. Lead by Example. Self-Management.
- Sustainable Performance
Communicate effectively. Integrated Business Excellence. Drive sustainable growth. Value Creation & Long-Term Thinking. Stakeholder Inclusion. Corporate Purpose & Values Alignment. Impact Assessment. Operational Resilience & Crisis Management. Operational Excellence. Adaptability.