Audit Manager - Lending and Leasing

Role Description

SMBC is seeking an experienced Audit Manager with a minimum of 8 years’ experience in the banking & finance industry to lead audit coverage of lending and leasing entities within the Internal Audit Department. The Audit Manager will design and supervise execution of internal audits of various complexities, ensuring audit work is performed in accordance with IIA standards and IAD policies and procedures, as well as participate as a team member on other audit engagements or projects.

Role Objectives: Delivery

This position will require the individual to plan and perform internal audits over all Banking areas within SMBC's Americas Division, with emphasis on the credit related business, credit risk management and operations.

• Direct and supervise audit from inception to completion including planning, testing, issue identification, workpaper review and reporting, with limited supervision and support by the team lead.
• Manage a team of auditors to execute high quality reviews within a prescribed timeframe.
• Provide support, coaching, and feedback to audit team which may include internal or co-sourced internal audit professionals.
• Effectively communicate with stakeholder and audit senior management to clearly articulate audit status, testing results and corrective measures.
• As needed, assist with the delivery and execution of IAD's broader audit plan and assurance responsibilities.

Role Objectives: Delivery

• Participate in quarterly and annual continuous monitoring / risk assessment process to identify business trends, changes in the business risk profile, and when necessary, propose updates to the audit plan to reflect them.
• As needed, assist with special projects related to business process improvements or departmental strategic initiatives.
• Track and validate closure of issues raised by the department and regulators.
• Develop, promote and maintain a collaborative and strong working relationship with AD business heads, external auditors, and regulators.

Role Objectives: Expertise

Demonstrate understanding of covered business unit, including organizational structure; key processes, products and activities; relevant risk types; applicable regulations; and client universe. Stay abreast of developments in internal firm policy and audit methodology and incorporate into assessments and findings remediation as required. Leverage expertise to share lessons learned with audit colleagues and refine approach to incorporate best practices from adjacent business verticals and/or jurisdictions. Seek out and complete training courses to sharpen skills as an internal auditor and improve business awareness.

Qualifications and Skills

Perform this job successfully, the employee must be able to perform each essential duty to management’s satisfaction. The requirements listed below are representative of the knowledge, skills and/or abilities required.

• Minimum of 8 years internal audit experience in the banking and finance industry.
• Strong working knowledge of lending and banking/leasing products.
• Strong strategic thinking skills including the ability to identify and assess emerging risks.
• Strong understanding of applicable regulatory standards / guidance for a Bank Holding Company.
• Expert knowledge of audit techniques, risk and internal controls assessment, and workpaper standards.
• Excellent communication, presentation and professional skills including the ability to interact effectively at all levels within the organization.
• Ability to lead teams; strong leadership skills; able to gain respect and cooperation.

Preferred Education/Licenses/Certifications/Registrations: Bachelor's Degree in Accounting, Finance or other related field/CIA

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.