Full-Time

Senior Audit Manager

Confirmed live in the last 24 hours

Metropolitan Commercial Bank

Metropolitan Commercial Bank

201-500 employees

Provides commercial and personal banking services

Fintech
Financial Services

Compensation Overview

$175k - $200kAnnually

+ Bonus + Incentive Pay

Senior

New York, NY, USA

Related locations include Manhattan, Boro Park, and Great Neck.

Category
Auditing
Accounting
Requirements
  • 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.
  • Comprehensive understanding of internal auditing, IIA standards, SOX, GAAP guidelines and COSO.
  • Strong time management and organizational skills, written and oral communication skills.
Responsibilities
  • 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.
Metropolitan Commercial Bank

Metropolitan Commercial Bank

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Metropolitan Commercial Bank provides a variety of banking services tailored for both businesses and individuals. It specializes in commercial and personal banking, offering products such as business checking accounts, deposits, loans, and treasury management. The bank is particularly known for its expertise in global payments and digital compliance, which helps ensure secure transactions for its clients. Unlike many traditional banks, Metropolitan Commercial Bank focuses on serving fintech companies and entrepreneurs, leveraging its knowledge in payment solutions and compliance to meet their specific needs. The bank also features a developer portal that allows for API integration, enhancing its digital services. The main goal of Metropolitan Commercial Bank is to support its clients with efficient banking solutions while generating revenue through interest on loans and service fees.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

1999

Growth & Insights
Headcount

6 month growth

61%

1 year growth

8%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as one of Fortune’s 100 Fastest-Growing Companies for 2021 highlights its robust growth trajectory.
  • The bank's successful IPO and strategic mergers, such as with Renasant Bank, indicate strong market confidence and expansion potential.
  • Partnerships with fintech firms like Revolut and Cashaa demonstrate its influence and adaptability in the evolving financial landscape.

What critics are saying

  • The competitive nature of the fintech and banking sectors requires continuous innovation to maintain its edge.
  • Integration challenges from mergers and acquisitions could disrupt operations and client services.

What makes Metropolitan Commercial Bank unique

  • Metropolitan Commercial Bank excels in digital compliance and payment solutions, making it a preferred partner for fintech companies.
  • The bank's developer portal for API integration sets it apart by offering enhanced digital service capabilities.
  • Its focus on global and issuer payments ensures secure and efficient transactions, distinguishing it from traditional banks.

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