Audit Manager

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it’s our mission and our purpose.

The Audit manager role is responsible for planning and executing audits, audit risk assessments and providing oversight, senior level expertise and team administration for assurance services over consumer and business banking, ACH services, bank lending and operation functions, consumer compliance including AML/BSA and OFAC controls. The team also provides year-end internal audit assistance to the independent public accountant/ external auditors and participates in overseeing the Company’s compliance with Sarbanes-Oxley 404, and the required reporting. The Audit Manager is responsible for the creation and execution of appropriate audit programs, assigning and directing staffing resources to complete the audit plans as scheduled, generating final audit reports for internal and regulatory agency review, and conducting thorough follow-up audits on previously identified issues.

The Internal Audit function is an independent function, responsible for examining and evaluating business activities and related risk for the purpose of ensuring regulatory compliance, safeguarding company assets, and improving its systems of financial and operational controls. This position reports to the Chief Auditor and will provide him or her with assessments of the adequacy of the Company’s Information Technology Internal Control environment.

Job Responsibilities:

•  Direct the activities of the Internal Audit staff. These activities include: the execution of the audit plan and the evaluation of the adequacy of the Company’s internal control environment, scheduling and planning audits; initiating project planning, assessing risk and developing audit direction.
• Manage performance of audit assignments, reviews workpapers and audit reports; edits reports prepared by other auditors.
• Perform preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time budget.
• Supervise and perform audit work, including plan preparation, workpapers, finding, and associated reports that reflect the audit results.
• Assist with the Independent Public Accounting firm's annual audit of the Corporation.
• Develop and maintain effective working relationships with all levels of management and the with external auditors.
• Effective coordination of Sarbanes-Oxley 404 requirements, including review of SSAE 16 (SOC) reports, to maintain internal controls to ensure the identification of significant accounts, processes, assertions and risks, the identification and evaluation of the control design, the performance of tests and controls and the overall assessment of financial reporting and internal controls.
• Perform annual Internal Audit risk assessment for use in development of the Internal Audit plan.
• Keep abreast of Company policies and procedures, current industry developments, and changes in local, state, and federal laws, as applicable.
• Ensure governance and compliance are controlled and met and that procedures are implemented.
• Effectively manage resources and stakeholder requirements to achieve annual goals.
• Supervise day-to-day activities of the audit staff and promote a work environment that is fair, equitable, and provides feedback.
• Train new staff, as needed.
• Assist in setting goals and expectations for audit staff members and holds audit staff accountable for successful performance.
• Coach the team by providing specific feedback to improve performance; conducts annual performance appraisal for the audit staff.
• Perform other duties as assigned to meet business needs.

Minimum Qualifications:

• Bachelor's Degree or equivalent and at least 8-12 years of related testing or audit experience.
• Advanced degree, professional certification or licensure preferred such as masters, CRCM, ACAMS, CIA, CPA, etc.
• Excellent oral and written communication skills and presentation skills.
• Demonstrated executive presence.
• Sound knowledge of financial services, including consumer banking compliance regulations and other regulatory requirements such as (HMDA, Reg B/ECOA, RESPA, Reg Z/Truth in Lending, Servicemembers Civil Relief Act, Anti-Money Laundering, Bank Secrecy Act, OFAC), finance, operations, wealth management, operational risk and compliance preferred.
• Must have solid understanding of the COSO frameworks, as well as an understanding of public companies reporting requirements under Sections 302 and 404 of the Sarbanes-Oxley Act.
• Solid understanding and knowledge of critical aspects of performing internal and external special investigations/projects and must have the ability to effectively and efficiently execute these projects.
• Ability to work effectively with diverse populations and supervise and associates and work deliverables, including organizing, prioritizing, and scheduling work assignments.
• Advanced problem solving abilities.
• Display a strong level of integrity, ethics, analytical skills, and the ability to evaluate data to make informed decisions.
• Associate development and performance management skills.
• Ability to work collaboratively, motivate others and promote teamwork.
• Proficient in all MS Office products, including Excel, PowerPoint.
• This individual must have the ability or experience with the use of automated workpapers.
• Ability to integrate and balance priorities, work activities, and resources while fostering a cooperative work environment.
• Effectively deploys and manages resources to achieve objectives.
• Ability to enhance personal, professional, and business growth through new knowledge and experiences.

Salary Range:

Individual base pay may vary on additional factors such as the candidate’s experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate’s location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at [email protected].

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.