Internal Audit Manager – Commercial Domain

Overview

The Audit Manager role will be responsible for managing, leading, and executing assurance activities over the Commercial domain and its associated technology, while coaching team members to deliver high‑quality audit results in line with department and industry standards and expectations.

The Audit Manager will oversee ongoing risk assessment, control identification, audit execution, and continuous auditing across Commercial business processes, products, and enabling systems. As a member of the Audit Management Team, this leadership role supports continued enhancements to audit methodology, ongoing stakeholder engagement, talent management, and the overall promotion of the Audit Department within the organization.

• Support the department’s risk assessment process and the development of the annual audit plan, determining audit coverage across the Commercial domain.
• Stay current on evolving industry practices, regulatory guidance, and emerging risks impacting commercial credit and lending; proactively advise audit leadership on risk coverage considerations.
• Independently manage all phases of the audit process—including planning, execution, continuous auditing, and validation procedures—in a risk‑focused manner for assigned Commercial audit entities.
• Lead a team of auditors in the identification, assessment, and testing of key business, operational, regulatory, and technology risks impacting the Commercial domain.
• Consult with Commercial, Technology, and Risk Management stakeholders regarding risk and control matters, propose solutions, recommend control enhancements, and represent Internal Audit on cross‑functional working groups.
• Manage multiple audit engagements and competing priorities concurrently in an efficient and effective manner with minimal oversight.
• Lead teams in incorporating data analytics and technology‑enabled audit techniques to enhance risk identification and audit execution throughout all phases of the audit lifecycle.
• Demonstrate visible support for the department’s strategic objectives, including enhanced coverage of technology‑enabled Commercial risks and integrated assurance approaches.

• Exercise strong independent judgment, initiative, and critical thinking in ambiguous or complex risk scenarios.
• Communicate audit status, emerging risks, and significant issues clearly and proactively to audit leadership and business executives.
• Build trusted, productive relationships with Commercial Banking leaders, risk partners, and audit colleagues while maintaining independence and objectivity.
• Demonstrate political acuity, sound decision‑making, and sensitivity to organizational and cultural dynamics.
• Actively lead and support the advancement of Internal Audit’s strategic objectives and reputation as a trusted risk advisor.

• Coach, mentor, and oversee audit team members, tailoring development approaches based on experience and skill level, including building capability in assessing technology risks within Commercial audits.
• Actively contribute to department‑wide talent development, including cross‑training auditors on Commercial products, systems, and supporting technologies.
• Partner with the Commercial leadership team on staffing, performance evaluations, promotions, compensation recommendations, and performance management for direct reports.

• Adhere to all company policies, risk management frameworks, and regulatory standards applicable to audit and operational risk.
• Support a strong control environment, including timely remediation of internal and external audit issues and regulatory findings.
• Champion an inclusive, collaborative work environment that reflects the M&T Bank brand and values.

Responsible for the timely delivery of high‑quality, value‑added audit and assurance services across the Commercial line of business and its enabling technology environment, consistent with Audit Committee expectations and regulatory standards.

Demonstrate deep working knowledge of commercial business regulatory guidance and examination…