SR AUDIT MANAGER I - MORTGAGE AUDIT

As an employee of PNC Financial Services Group, you become part of an organization committed to customers, employees, investors, and the communities in which we do business.

As Senior Audit Manager I, you are a member of PNC’s Corporate Mortgage Audit Division. You will be based in the Chicago metropolitan area. You will be leading a team that will provide independent, objective assurance and consulting services and provide recommendations for improvements in one of the following area:

1. Mortgage Operations: Origination, Underwriting, Loan Delivery, Default Management, and Collection Operations

2. Mortgage Servicing: Servicing operations, Monetary & Investor Operations, Mortgage Customer Service

3. Mortgage Finance: Portfolio Management, Risk Segmentation, Credit Performance Monitoring, Valuations Monitoring, Mortgage Servicing Rights, Mortgage Secondary Market Trading, Basel II - Reserve & Capital Requirements - Product Development.

4. Mortgage Regulatory Compliance

Providing assurance and consulting services as a Senior Audit Manager in one of the selected above area will involve the following:

* Assist Audit Directors and the Mortgage Company Assistant General Auditor in developing the annual audit plan

* Manage the planning process of several large, complex audits, as well as small to medium sized audits

* Responsible for the overall execution of assigned audits and ensuring compliance with established standards and protocols

* Evaluate and manage resources to complete the annual audit plan and special projects to assure adequate audit coverage of major risks

* Responsible for personal and team development through enhancement of business knowledge and professional skills

* Responsible for the performance evaluation process of several auditors

* Perform the planning for several large, complex audits by: Reviewing and approving process flows/narratives of major processes, ensuring identification of risks, assessment of key controls, and development of appropriate testing strategies

* Reviewing and approving audit scopes and rationales, and identifying enhancement opportunities by utilizing (Computer Assisted Audit Techniques & Systems) CAATS

* Reviewing and finalizing reports for the Audit Director to approve

* Ensuring that recommendations provided to resolve issues and risks are realistic

* Evaluate corrective measures taken to address unresolved matters, monitor the client’s progress/resolution efforts of high risk issues, and ensure issues are resolved via communication/persuasion

* Perform continuous monitoring and business surveillance activities as well as assist with special projects as assigned by the Audit Director

* Participate in the process of reporting audit results to PNC management

* Develop strong working relationships with clients to ensure a high degree of client satisfaction

* Respond timely to requests from executive and senior management on critical questions and issues

* Communicate audit concerns to client management and provide related advisory/consulting services for new business strategies

* Provide ongoing consulting to assist the client with implementation of new systems, new products/services and processes, and the related new/improved controls

The successful candidate will have the following qualifications:

* Experience in Mortgage Operations, Originations, Underwriting, or Mortgage Regulatory Compliance

* Bachelor’s degree with a major/minor or emphasis in Accounting, Finance or Business is required

* Advanced degree (MBA) or professional designation are desirable

* 8+ years of experience in auditing, including four years supervisory experience;

* Risk Management Experience

PNC is an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO