Senior Audit Manager

Come work with us:

Metropolitan Commercial Bank (the "Bank") is a New York City based full-service commercial bank that provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities. The Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City and Great Neck on Long Island in New York State.

The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).

For more information, please visit the Bank's website at MCBankNY.com.

Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. The Bank finished ninth in S&P Global Market Intelligence's annual ranking of the best-performing community banks with assets between $3 billion and $10 billion for 2022 and eighth among top-performing community banks in the Northeast region for 2022.

About the role:

Metropolitan Commercial Bank (the "Bank") is offering an exciting opportunity for an experienced Internal Audit Officer. The VP, Senior Audit Manager, would need a minimum of 8 - 10 years of bank audit experience. The position reports directly to the Chief Internal Auditor and will assist in the preparation and completion of the annual risk-based audit plan. The VP, Senior Audit Manager, will follow a disciplined approach to evaluate and improve the effectiveness of the risk management, internal controls, corporate governance, and operations. The incumbent will also participate in the review and/or perform testing of management's controls for Sarbanes Oxley (SOX) compliance. The position will require ongoing interaction with the Bank's outsourced internal audit firm, regulators, and external auditors. This position is ideal for a candidate who will thrive in a fast-paced, entrepreneurial environment.

Duties and responsibilities of the job include the following (but is not limited too):

• Evaluate the design and operating effectiveness of the system of internal controls, adherence to established policies and procedures, and regulatory guidance.
• Oversee test work, track issues, opine on remediation efforts and ensure full validation within a reasonable time and within established timelines. Utilize judgement in expanding scope or determining whether further test work is needed based on trends or identified exceptions.
• Discuss irregularities, exceptions and deficiencies discovered during audits with management in a timely manner.
• Lead the development of Internal Audit's annual risk assessment, to develop the audit plan, ensuring the plan is responsive to, and aligned with, the risk profile of the Bank.
• Ensures the risk assessments are periodically updated as needed.
• Lead continuous monitoring activities and dynamic risk assessment and audit planning processes.
• Participate in discussions with senior management, the Audit Committee and the external auditors regarding internal audit plans, activities, and findings.
• Provide knowledgeable and objective counsel to senior management on key controls, as well as provide management independent opinions on control effectiveness.
• Coordinate annual audits conducted on third-party Program Managers. Communicate any recommendations, findings, etc. to management in a timely manner.
• Provide oversight and guidance in assessing the processes and documentation associated with SOX 404 program and testing on behalf of management.
• Maintain the department's issue tracking database and ensure tasks are being completed timely. Review and evaluate evidence obtained from management for validation and perform follow-up testing as necessary.
• Identify and communicate to management opportunities to strengthen financial controls, improved operational efficiency and productivity.
• Create and develop policies, procedures, and systems.
• Engages in continuous knowledge development by participating in educational opportunities; maintaining professional accreditations; reading professional publications; participating in professional organizations.
• Other duties as assigned.

Preferred experience, education, and qualifications:

• Minimum 8 - 10 years or progressive external and/or internal audit experience in an organization of appropriate scale and complexity; bank and publicly traded company experience.
• One or more of the following certifications is required: Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Bank Auditor (CBA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA).
• Knowledge of Information Technology regulatory requirements and audit experience is a plus.
• Prior experience working with regulatory agencies, including FRB, NYSDFS, OCC or CFPB.
• Knowledge of applicable banking regulations (BSA/AML, consumer compliance and privacy, etc.) is preferred.
• Knowledge of Information Technology regulatory requirements and audit experience is a plus.
• Comprehensive understanding of internal auditing, IIA standards, SOX, GAAP guidelines and COSO.
• Strong time management and organizational skills, written and oral communication skills.

Potential Salary: $175,000 - $200,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.