Director of Internal Audit

Title: Director of Internal Audit

Key Responsibilities

• Develop and implement the annual audit plan, aligning with banking regulations and strategic objectives.
• Lead and mentor an internal audit team, providing guidance, training, and performance management.
• Oversee audit engagements, risk assessments, and compliance reviews, ensuring regulatory adherence.
• Collaborate with senior management and the board of directors, presenting audit findings and risk assessments.
• Evaluate and enhance risk management, control, and governance frameworks across the organization.
• Ensure adherence to banking regulations, industry standards, and best practices.
• Monitor emerging risks and trends within the banking sector and update audit strategies accordingly.
• Partner with external auditors and regulatory examiners to align audit activities and ensure compliance.
• Develop reporting structures and present audit insights to executive leadership and stakeholders.
• Lead special investigations and audits, as requested by senior management.

Qualifications

Education & Experience:

• Bachelor’s degree in Accounting, Finance, Economics, or related field required.
• 7+ years of internal or external audit experience, preferably in a banking or financial institution.
• Active CPA or CIA preferred.
• Experience with banking regulations, deposit and lending compliance strongly preferred.
• Familiarity with highly regulated industries and best practices in audit and risk management.

Skills & Abilities:

• Strong analytical skills with expertise in Excel, PowerPoint, and financial reporting tools.
• Excellent communication and leadership skills to effectively collaborate with executives and stakeholders.
• Proven ability to build and develop audit functions from the ground up.
• Strong knowledge of risk assessment, internal controls, and regulatory compliance.
• Ability to manage cross-functional partnerships across compliance, finance, and operations.