Audit Manager I

Work Location:

Hours:

Line of Business:

Pay Detail:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

The Audit Manager I executes audits for an assigned business, function or project as part of a team or as an individual contributor and/or provides expertise on audits ranging in complexity. This role may lead moderately complex audits and have responsibility for completion of the audit.

Depth & Scope:

• Utilize AI and emerging technologies to enhance audit planning, testing, reporting and operational efficiency. 

• Works as an audit subject matter expert and may coach and educate others

• Oversees and/or independently performs audits from end to end

• May lead moderately complex audits and have responsibility for completion of the audit

• Undertakes and completes a variety of projects and initiatives, may include the integration of cross functional processes within own area of expertise

• Ability to process and handle confidential information with discretion

• Generally leads a team focused on assigned audit and generally assumes the lead position on the audit, providing supervision and assignments to team members as Auditor In Charge as well as reviewing work papers completed by staff and drafting audit report

• Responsible for time and staffing budgets for upcoming audits

• Responsible for planning of audits

• Responsible for contact with management regarding audit scope, status, and findings

• May perform testing procedures for more critical areas of audits

• Provides on-the-job training for staff

• Supervises findings follow up tasks with management and audit staff

• May be Auditor in Charge on an Audit

•  May participate and/or lead assigned special projects

• Provides feedback on staff performance on an audit project basis

Education & Experience:

• Undergraduate degree or relevant professional certifications, accounting designations, or equivalent education required

• 5+ years of relevant experience

• Proficient knowledge of audit standards, procedures, laws, rules and regulations

• Knowledge of AI, machine learning concepts and emerging technology risks

  Demonstrated ability to perform data-driven audits and leverage technology to enhance audit effectiveness.

• Knowledge of current and emerging trends

• Skilled in mentoring/coaching others

• Skilled in using computer applications including MS Office

• Ability to communicate effectively in both oral and written form

• Ability to work collaboratively and build relationships

• Ability to work successfully as a member of a team and independently

• Ability to exercise sound judgement in making decisions

• Ability to analyze, organize and prioritize work while meeting multiple deadlines

• Strong knowledge of laws and regulations governing the banking industry

•  Certification highly preferred or willingness to pursue certification

• Travel 25% or more

Customer Accountabilities:

• Conducts audit work based on established audit plans and executes the audit in accordance with established standards ensuring completion

• Develops/contributes to the audit planning process for specific audits, ensuring appropriate programs and risk assessments are completed accordingly

• Manages the ongoing audit communications process with the client during and subsequent to the audit

• Presents objective and independent audit opinion on the adequacy of internal controls in accordance with established professional audit standards, including presentation of findings and recommendations to client and audit management

• Executes follow-up of findings raised from regulatory and internal divisional audits in accordance with firm policy

• Provides subject matter expertise and/or input to audit projects/initiatives as a representative for area of specialization

• Leads/supports the audit engagement and risk assessment process to identify key risks and identifies opportunities where controls are missing or are inadequate to mitigate these risks

Shareholder Accountabilities:

• Adheres to internal policies/procedures, enterprise frameworks and methodologies and applicable regulatory guidelines, contributes to the review of internal processes and activities and assists in identifying control weaknesses/failures, potential opportunities to improve operational efficiencies for own business area

• May develop and provide complex reporting, analysis, and assessments at the functional or enterprise level

• Keeps current on emerging trends/developments and grows knowledge of the business, analytical tools and techniques and applies them where appropriate

• Develops and delivers audit findings, presentations/communications to management or broader audience

• Contributes to the analysis, due diligence and implementation of initiatives within defined area of responsibility

Employee/Team Accountabilities:

• Continuously enhances knowledge/expertise in own area

• Supports a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/ points of interest

• Identifies and recommends opportunities to enhance productivity, effectiveness and operational efficiency

• Establishes effective relationships across multiple businesses

• Participates in knowledge transfer within the team and business units

• Works to achieve individual goals and supports other team members in the achievement of team goals and divisional objectives

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional

• International Travel – Never

• Performing sedentary work – Continuous

• Performing multiple tasks – Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds – Occasional

• Sitting – Continuous

• Standing – Occasional

• Walking – Occasional

• Moving safely in confined spaces – Occasional

• Lifting/Carrying (under 25 lbs.) – Occasional

• Lifting/Carrying (over 25 lbs.) – Never

• Squatting – Occasional

• Bending – Occasional

• Kneeling – Never

• Crawling – Never

• Climbing – Never

• Reaching overhead – Never

• Reaching forward – Occasional

• Pushing – Never

• Pulling – Never

• Twisting – Never

• Concentrating for long periods of time – Continuous

• Applying common sense to deal with problems involving standardized situations – Continuous

• Reading, writing and comprehending instructions – Continuous

• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.  Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. 

Together, we are reimagining what banking can be for our clients, colleagues and communities. 

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more
 

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. 

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at [email protected].  Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.