Audit Manager

Position Title

Audit Manager

Location

Nationwide, MI 48098

Job Summary

The Audit Manager engages with key stakeholders across the enterprise while managing audit activities across the department. This role drives the development and execution of a comprehensive assurance plan for their area of responsibility and collaborates across the department to ensure the overall Audit Plan is achieved.

The Audit Manager may serve as the "Auditor in Charge" AIC responsible for ensuring an audit is completed in a timely fashion and high quality. Ensures that internal controls are in compliance with policies, procedures, and agency regulatory and legal guidelines, while providing oversight and leadership to multiple ongoing audits.
Responsible for developing and maintaining positive relationships with auditees, coordinating with Flagstar Internal Audit leadership and staff; exercising professional auditor judgment, ensuring quality in compliance with regulatory and Institute of Internal Auditors professional guidance (the IPPF), and maintains objectivity and independence in forming audit conclusions and reports.

Pay Range: $99,732 - 132,144 - 164,557Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Specifically responsible for the following for:
  • Determining scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation)
  • Drafting Audit Opinions and Reports
  • Drafting and reviewing MR(I)A workpapers
  • Completing required training
  • Completing Skills Assessments
  • Mentoring new auditors
• Responsible for communicating with audit management and audit clients about the engagement.  Leading the audit team to ensure field work and workpapers are completed in a timely manner.
• Responsible for determining scoping decisions, audit opinions, and issue identification, severity, and remediation tracking validation in consultation with the Senior Audit Manager and/or the Audit Director.
• Engages in the execution of audits ensuring proper audit planning, risk identification, scoping, and field testing are completed in a timely manner with high quality.
• Maintains relationship with the audit client and audit management to ensure clear communication. May attend working groups, as applicable/necessary.
• Maintains SME designations and/or certifications as applicable

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field
• Minimum experience required: 7+ Years of audit or risk management experience including in the financial services industry, preferably with a large financial services firm

Preferred Qualifications:

• Education level preferred: Master's Degree (or Postgraduate equivalent) in Accounting, Finance, or Business Administration or related field
• Previous experience working with a public accounting or risk advisory firm is preferred. 
• CIA, CPA, CISA, CRCM, or CFE preferred.

Job Competencies:

• Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
• Strong knowledge of internal audit best practices and industry standards.
• Strong oral and written communication; comfortable making presentations to groups of professionals, external auditors, and regulators. 
• Excellent quantitative and analytical skills along with a focused attention to detail. 
• Collaborative and takes ownership to ensure the quality of the audit team’s product and success.  
• Ability to influence and effect change; be viewed as a trusted advisor.  
• Proactive thought process, with an ability to foresee potential risks ahead of business decisions. 
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results. 
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience. 
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders. 
• Strong project management skills, with the capability to prioritize multiple demands.  
• Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels. 
• Travel requirements: up to 10%
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.