Sr. Director of Audit - Risk Management

Our client, a leading bank, is looking for a Sr. Director of Audit - Risk Management, to join their growing team

The Sr. Director of Audit for Risk Management will manage a team of internal audit professionals in overseeing internal audit activities for the Bank’s Risk Management functions. Reporting to the Chief Audit Executive, the Senior Director for Internal Audit’s Risk Management is a key senior leader with two areas of focus; first position is responsible for defining and executing the annual audit plan for assigned coverage areas and promote risk culture and awareness in the Bank through positive and collaborative relationships with executives, business leaders, and colleagues. Second is to drive continuous improvement within Internal Audit, focused on establishing and maintaining internal auditing standards governing all audit activities that conform to internal and professional standards.
  • Direct, counsel, and manage a staff of internal auditors assigned to engagements and review audit plan, findings, and reports for sufficient scope, accuracy, appropriateness of conclusions and compliance with requirements.
  • Responsible for delivering key insights to management and supporting functions. Leveraging deep expertise in business strategy to support the audit function and the organization with actionable insights to drive ongoing success.
  • Drives the continuous improvement of audit methodologies, audit approach and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.
  • Key responsibility to oversee/manage audit engagements and projects with a focus on risk management practices.
  • Develop , implement and maintain an IA approach to ensure Heightened Standards Risk Governance framework requirements are met across the three lines of defense.
  • Direct oversight of the audit universe for Risk Management areas.
  • Proactively keeps informed of emerging trends, developments, and practices affecting the profession of internal audit.
  • Work with efficiency and effectiveness, maintaining Internal Audit methodology and standards, in the planning, execution and reporting of deliverables.
  • Coordinate and manage regulatory requests and examinations with bank regulators and external auditor.
  • Bachelor’s Degree
  • Minimum 12 years of experience in Risk Management including any one of operational risk, compliance, AML/BSA, credit risk, ERM/corporate governance, etc., in either 1st, 2nd line or 3rd line of defense
  • Minimum 10 years of experience in a leadership role
  • CIA – Certified Internal Auditor
  • CISA – Certified Information Systems Auditor
Skills and Knowledge
  • In depth experience and knowledge in large banking organizations and in enterprise risk management, including compliance, operational risk, BSA/AML/OFAC, applicable banking laws/regulations/guidance, risk frameworks, and governance
  • Experience dealing with banking regulators
  • Experience leading integrated business audits with technology auditors
  • Passion for client service, strong work ethic, highest integrity and a can-do positive attitude.
  • Demonstrate experience in audit-related fields, including a working knowledge of appropriate risk management techniques as well as a strong understanding of audit processes and internal controls.
  • Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
  • Ability to quickly navigate through a complex organization
  • Superior oral and written communication skills
  • Comfortable making presentations to executives, groups of professionals, and external stakeholders
  • The ability to influence and effectively challenge
  • Be a change agent and viewed as a trusted advisor
  • Creative thinking who can map out creative solutions and lead their implementation
  • Collaborative and takes ownership to ensure the quality of Internal Audit’s product and success
  • Strong project management skills with the ability to prioritize multiple demands
  • Possess a strong business acumen and judgement plus the ability to communicate key issues to all levels
  • Self-motivated and self-directed with a ‘hands-on’ leadership style to lead change
  • Some travel will be required
Starting base salary: $141,830 – $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.