Internal Audit Manager

Internal Audit Manager Overview

• The Internal Audit Manager oversees the audit department, ensuring compliance with regulations and organizational policies.
• Leads a team of auditors, providing training, guidance, and performance evaluations to maintain high productivity levels.
• Develops and monitors the department's audit plan and budget, ensuring adherence to organizational goals.
• Implements and maintains audit management solutions, including automated workpaper systems and data quality controls.
• Stays updated on emerging audit technologies and practices to enhance audit quality and efficiency.
• Collaborates with external auditors and regulatory examiners to ensure smooth audit processes and compliance.
• Prepares and reviews Audit Committee packages, ensuring timely and accurate reporting.
• Supports the organization’s compliance efforts by monitoring regulatory requirements and updating audit programs accordingly.

Internal Audit Manager Key Responsibilities & Duties

• Supervise and manage the audit team, including hiring, training, and performance evaluations.
• Develop and oversee the implementation of the audit plan and budget.
• Review audit workpapers to ensure proper documentation and adherence to standards.
• Maintain and update audit procedures and the department’s audit manual.
• Administer and troubleshoot audit management software and related tools.
• Conduct performance management activities, including setting goals and providing feedback.
• Coordinate with external auditors and regulatory bodies to facilitate audits and examinations.
• Monitor and address audit findings and regulatory issues, ensuring timely resolution.

Internal Audit Manager Job Requirements

• Bachelor’s degree in Banking, Finance, Accounting, or a related field; MBA preferred.
• Audit-industry certifications such as CIA, CFSA, or CRMA are highly desirable.
• Minimum of 6 years of experience in financial or operational audits; 10 years preferred.
• Proven ability to manage multiple priorities and direct team workloads effectively.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent communication skills, both written and verbal, across organizational levels.
• Knowledge of Global Internal Audit Standards and risk-based methodologies.
• Commitment to continuous improvement and adoption of digital tools.