Senior Audit Manager

Come work with us:

Metropolitan Commercial Bank (the “Bank”) is a full-service commercial bank based in New York City. The Bank 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.

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. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.

Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn 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).

Position Summary:

The VP, Senior Audit Manager, will follow a disciplined approach to evaluate and improve the effectiveness of 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 co-sourced internal audit firm, regulators, and external auditors.  This position is ideal for a candidate who will thrive in a fast-paced, entrepreneurial environment. The position reports directly to the Chief Internal Auditor and will assist in the preparation and completion of the annual risk-based audit plan.

We have a flexible work schedule where employees can work from home one day a week.

Essential duties and responsibilities:

• Work with the Chief Internal Auditor and co-sourcing firm to conduct annual and dynamic risk assessments and develop audit plan ensuring the plan is responsive to, and aligned with, the risk profile of the Bank.
• Manage co-sourcing audits to ensure compliance with the Internal Audit methodology, IIA Standards and regulatory guidance.
• Evaluate the design and operating effectiveness of the system of internal controls, adherence to established policies and procedures, and regulatory guidance. 
• Discuss irregularities, exceptions and deficiencies discovered during audits with management in a timely manner.
• Participate in discussions with senior management, the Audit Committee, Regulators and the external auditors regarding internal audit plans, activities, and findings.
• Serve as a trusted advisor, offering knowledgeable and objective guidance to senior management on key controls while providing management consulting services.
• Provide oversight and guidance in assessing the processes and documentation associated with SOX 404 program and testing on behalf of management.
• Prepare materials for the Audit Committee meetings.
• Maintain the department’s issue tracking database. Review and evaluate evidence obtained from management for validation and perform follow-up testing as necessary.
• Develop and maintain productive team-oriented client relationships through individual contacts and group meetings.
• Engage in continuous knowledge development by participating in educational opportunities.
• Provide coaching to staff and facilitate performance reviews for direct reports.

Required knowledge, skills and experience:

• 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: $160,000 - $180,000 annually

This salary range 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. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.

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.