Senior Audit Manager

Benefits

Additional Information

Location: 358 N Shore Drive Pittsburgh, PA 15212 Hours: Monday - Friday 8:00AM-5:00PM (Additional hours as necessary to meet the objectives of the department) Function: Under the general supervision of the Chief Audit Executive, assumes responsibility for overseeing the planning and executing of the annual risk-based audit plan for S&T Bancorp, Inc., and its affiliates ("S&T"). Has responsibility for assisting the CAE / Deputy CAE in establishing and monitoring Internal Audit's performance measurements to ensure high quality standards for the audit strategy, execution, and reporting. Assists in facilitating integration of the audit strategy with S&T's strategy by linking Internal Audit's performance to S&T's mission and objectives. Ability to inspire others to be strategic/critical thinkers and recognize the risks to the achievement of business objectives, evaluate related control implications and communicate these effectively to senior management. Duties and Responsibilities: Has sound knowledge of, follows, and instructs others on executing audits in accordance with the International Professional Practices Framework of the Institute of Internal Auditors and other applicable regulatory guidance (e.g., Federal Reserve SR13-1, etc.), including evolving interpretations or practices. Extensive technical competence and judgment to identify, research, and evaluate issues and risks. Strong application of generally accepted accounting principles (GAAP) and bank industry guidance to extract relevant information from volumes of data to identify and address risks including strategic, business, and operational risks (e.g., what can go wrong in the processing of transactions and/or impact on recording financial information accurately). This includes extensive banking industry experience to properly evaluate all relevant risks (e.g., operational, regulatory, compliance, general information technology, etc.) within the audit universe. Ability to identify, analyze, and interpret thematic control issues not only from internal audit's work, but also from data gathered from management and other assurance functions within the organization. Proactively communicate and discuss new pronouncements/standards, industry trends and understands effects on the business. To support the Department's advisory services, this includes providing insights to executives, line of business management, and the Audit Committee in a collaborative manner. Responsible for the Department's audit liaison program, where individuals will be identified to develop and maintain professional relationships with applicable Management within higher risk areas of the Bank. Assess impact of business changes and current industry developments to determine changes, if any, to Internal Audit's risk assessments, audit plan, methodology and/or process. Responsible for enhancing and/or maintaining the Department's continuous risk assessment process. Assumes responsibility for overseeing the execution of assigned functional areas or processes within S&T and develops professional staff to serve as the "expert" or primary contact in these areas by ensuring the following are being accomplished: a. Maintaining current knowledge of these functions within the industry and developments within S&T. b. Conducting interviews of selected personnel for the purpose of documenting and evaluating business processes to determine the potential risk drivers and/or the adequacy of internal controls. c. Developing, and maintaining current, detailed audit programs for audits of these functions that include identification of risks, controls, fraud indicators, and ensuring that alignment is maintained with the changing profile/risks of the banking industry and S&T. d. Supervising professional staff, including evaluating performance, taking corrective action to address any performance issues, salary administration, directing job assignments, and identifying developmental/training opportunities to enhance their audit and banking knowledge and expertise. e. Reviewing electronic work papers and reports of subordinates or peers performing audits of these functions or processes to ensure the technical adequacy and adherence to professional internal auditing standards, including ensuring that audit work papers are documented in accordance with S&T's audit methodology and that they meet quality requirements (e.g., procedures are properly documented to support audit findings and that the appropriate audit recognition/attention is given to important areas such as, compliance matters, significant financial statement accounts/disclosures, etc.). f. Exercising professional judgment to determine materiality of findings and adequacy and effectiveness of the operation. g. Managing the efficiency and effectiveness of each engagement assignment by leveraging dashboards / reporting from the audit software. For example, reviewing periodic budget updates to monitor the actual time incurred and estimates to