Internal Audit Manager - Commercial Lending

KeyBank; Cleveland (OH); Remote; USD 96,000 - 181,000; Full time

Job summary

KeyBank is seeking an Internal Audit Manager to lead risk-based audits across the Commercial Lending lifecycle and related credit risk areas. The role partners with business leadership, Risk Management, Compliance, and Internal Audit leadership to assess governance, risk, and controls supporting safe bank operations.

You will supervise a team, guide audit planning, execute engagements, review workpapers, and ensure high-quality reporting while advancing risk governance and continuous improvement

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics or related field.
• Minimum 10 years of audit, risk management, or related banking experience.
• Experience leading complex projects and supervising staff.
• Strong written and verbal communication skills.
• Professional certifications such as CIA, CPA, CRC.

Responsibilities

• Lead and oversee risk-based internal audits from planning to reporting.
• Review workpapers, testing results, and reports for quality.
• Evaluate design and operating effectiveness of controls.
• Develop and manage audit findings, remediation, and stakeholder engagement.
• Provide staff coaching and talent development.
• Coordinate with risk partners and regulators as needed.

Skills

Leadership

Risk-based auditing

Communication skills

Analytical skills

Project management

Education

Bachelor's degree in Accounting, Finance, Business, Economics

Tools

Audit software

Job description

Location:For Those Who Work At Home, OhioPosition OverviewThe Internal Audit Manager is responsible for leading risk-based internal audit activities across the Commercial Lending Lifecycle and related credit risk functions. This role partners closely with business leadership, Risk Management, Compliance, and Internal Audit leadership to evaluate governance, risk management, and control processes that support the safe and sound operation of the Bank.The Internal Audit Manager is accountable for leading a team of direct reports in planning, executing and reporting on complex audit engagements while ensuring compliance with Internal Audit standards and professional practices. The position provides leadership to audit staff, contributes to annual risk assessment and audit planning activities, and serves as a trusted advisor on regulatory, operational, and strategic risks affecting commercial lending activities. Responsibilities align with Internal Audit expectations surrounding audit planning, resource assessment, workpaper review, testing quality, findings management, and stakeholder engagement.Job RequirementsAudit Execution and LeadershipLead and oversee complex risk-based audit engagements from planning through reporting.Review audit workpapers, testing results, observations, and reports to ensure quality and adherence to Internal Audit standards.Evaluate the design and operating effectiveness of controls and remediation activities.Ensure audit conclusions are supported by sufficient documentation and evidence.Manage findings development, validation, and reporting activities.Commercial Lending Subject Matter LeadershipProvide audit oversight of commercial lending activities including:Commercial & Industrial Underwriting and Portfolio MonitoringCommercial Real Estate Underwriting and Portfolio MonitoringSpecialty Lending Underwriting and Portfolio MonitoringCommercial Loan Booking and Servicing OperationsCredit Risk Management, Policy and GovernanceProblem Loan ManagementRisk Assessment and Audit PlanningLead risk intelligence activities for a portfolio of Auditable Entities.Participate in enterprise and domain-level risk assessments.Assist in annual audit planning and capacity planning activities.Identify emerging risks, regulatory developments, and industry trends that could impact audit coverage.Coordinate with business and risk partners regarding organizational and regulatory changes impacting the risk universe.Talent Development and Team LeadershipSupervise, coach, and develop audit professionals.Provide ongoing performance feedback and mentoring.Assist in interview, hiring, onboarding, and talent development activities.Identify knowledge and skill gaps and partner with Internal Audit leadership to address development needs.Promote a culture of continuous improvement, collaboration, and accountability.Advance Continuous Improvement Initiatives and identify new areas to improve processes and coverage strategies.Stakeholder ManagementDevelop effective working relationships with business leaders, risk partners, compliance professionals, regulators, and external auditors.Communicate audit conclusions, risk themes, and recommendations to varying levels of management.Provide credible challenge while maintaining constructive partnerships across the organization.Support executive reporting and other governance-related activities.QualificationsBachelor's Degree in Accounting, Finance, Business, Economics or related field.Minimum 10 years of audit, risk management, credit risk, banking, regulatory, or related experience.Demonstrated experience leading complex projects and managing staff.Strong knowledge of risk-based auditing methodologies.Excellent written and verbal communication skills.Strong analytical, problem-solving, and organizational capabilities.Relevant CertificationsRMA Credit Risk Certification (CRC)Certified Internal Auditor (CIA)Certified Public Accountant (CPA)Code of ConductAll KeyBank employees are expected to demonstrate Key's Values and abide by Key's Code of Conduct.Physical DemandsGeneral Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.This position is NOT eligible for employment visa sponsorship for non-U.S. citizens.COMPENSATION AND BENEFITSThis position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.Please click here for a list of benefits for which this position is eligible.Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.Job Posting Expiration Date: 12/04/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [e-mail].#LI-Remote