Sr. Audit Manager
Flagstar Bank • Troy, NY • Full Time
Posted on Wed, May 20, 2026
Position Title
Sr. Audit ManagerLocation
New York, NY 10018Job Summary
The Senior Audit Manager is a critical leader within the Internal Audit Department engaging with key stakeholders across the enterprise while managing audit activities across the department. This role drives the development and execution of a comprehensive assurance plan for their area of responsibility and collaborates across the department to ensure the overall Audit Plan is achieved.The Senior Audit Manager serves as the "Auditor in Charge" AIC responsible for ensuring an audit is completed in a timely fashion and high quality. Ensures that internal controls are in compliance with policies, procedures, and agency regulatory and legal guidelines, while providing oversight and leadership to multiple ongoing audits.
Responsible for developing and maintaining positive relationships with auditees, coordinating with Flagstar Internal Audit leadership and staff; exercising professional auditor judgment, ensuring quality in compliance with regulatory and Institute of Internal Auditors professional guidance (the IPPF), and maintains objectivity and independence in forming audit conclusions and reports. This leader may directly manage a team and/or indirectly oversee the work of other teammembers.
Job Responsibilities:
JOB RESPONSIBILITIES
Specifically responsible for the following for:
- Determining scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation).
- Drafting Audit Opinions and Reports.
- Drafting and reviewing MR(I)A workpapers.
- Completing required training.
- Completing Skills Assessments.
- Mentoring new auditors.
- Responsible for communicating with audit management and audit clients about the engagement. Leading the audit team to ensure field work and workpapers are completed in a timely manner.
- Responsible for determining scoping decisions, audit opinions, and issue identification, severity, and remediation tracking validation in consultation with the Audit Director.
- Manages the team executing audits, to ensure proper audit planning, risk identification, scoping, and field testing are completed in a timely manner with high quality.
- Maintains relationship with the audit client and audit management to ensure clear communication. May attend steering committees, and working groups, as applicable/necessary.
- Maintains SME designations and/or certifications as applicable.
- Uses independent judgement and discretion to make decisions.
- Analyzes and resolves problems.
- May be responsible for talent management functions including: employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.
ADDITIONAL ACCOUNTABILITIES
- Performs special projects, and additional duties and responsibilities as required.
- Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
- Education level required: Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field.
- Minimum experience required: 8+ Years of audit or risk management experience including in the financial services industry, preferably with a large financial services firm.
Preferred Qualifications:
- Education level preferred: Master's Degree (or Postgraduate equivalent) in Accounting, Finance, or Business Administration or related field.
- Previous experience working with a public accounting or risk advisory firm is preferred.
- CIA, CPA, CISA, CRCM, or CFE preferred.
Job Competencies:
- Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
- Strong knowledge of internal audit best practices and industry standards.
- Strong oral and written communication; comfortable making presentations to groups of professionals, external auditors, and regulators.
- Excellent quantitative and analytical skills along with a focused attention to detail.
- Collaborative and takes ownership to ensure the quality of the audit team’s product and success.
- Ability to influence and effect change; be viewed as a trusted advisor.
- Proactive thought process, with an ability to foresee potential risks ahead of business decisions.
- Strong project management skills, with the capability to prioritize multiple demands.
- Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
- Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
- Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
- Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels.
- Travel requirements: up to 10%
- Physical demands (ADA): No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer
We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank
Pay Range
$123,396.75 - $210,282.00