Director - Internal Audit

Position Title

Director - Internal Audit

New York, NY 10018

The Audit Director plays a crucial role in assuring the financial integrity and operational effectiveness of the bank working closely with senior management of the bank and overseeing a team of audit professionals. This role is a leader in the company applying critical thinking to identify key risks and value‑added feedback that can lead to risk reduction in the company. This key leader also cultivates a positive and ethical work environment and encourages the professional development of the team.

The Director of Internal Audit serves as the "Engagement Owner" (EO) responsible for overseeing a select book of business. Oversees and directs the execution of audits to ensure operational efficiency in fieldwork, consistency of methodology, and proper documentation of work papers. Works closely with the Senior Audit Leadership team assisting in strategic initiatives within the Internal Audit Department. Serves as a key contributor with respect to the long‑term strategy, value proposition, continued growth, and success of the Audit Department providing both leadership and management for key functions within the Internal Audit Practice.

Pay Range
: $165,621 - $251,744 - $337,867

• Assisting in the identification and maintenance of the Audit Universe, conducting Risk Assessments, and effective execution of the annual Audit Plan for their select area(s).
• Responsible for overseeing scoping decisions, audit opinions, and issue identification, severity, and remediation tracking validation.
• Manages or otherwise leads AICs (auditors‑in‑charge) executing audits within their select book of business, ensuring proper, consistent workpaper quality and overall adherence to IA methodology.
• Maintains relationship with management level leaders within select book of business. May attend as secondary (or Head of Internal Audit delegate) executive management committee meetings, steering committees, and working groups, as applicable/necessary.
• Specifically responsible for the following for their book of business (to include but not limited to):
• Reviewing/approving scoping decisions, testing approaches, conclusions, and audit work papers across the audit lifecycle (planning, fieldwork, reporting, issue validation)
• Drafting Audit Opinions and Reports
• Reviewing/approving MR(I)
  A work papers
• Drafting MR(I)
  A validation reports
• Conducting and drafting Annual Assessments (if any)
• Conducting Skills Assessments
• Conducting Continuous Monitoring
• Maintains SME designations and/or certifications as applicable.
• Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.

• 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.

• Education level required:
  Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field.
• Minimum experience required: 12+ Years of progressive audit or risk management experience including in the financial services industry, preferably with a large financial services firm.
• Five or more years of experience in a managerial role.

• 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.

• Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
• Strong knowledge of internal audit best practices and industry standards.
• Superior oral and written communication; comfortable making presentations to executives, groups of professionals,…