Audit Deputy Director

About the role

The Audit Director assists the Chief Audit Executive in overseeing the Company’s independent, objective review function (Internal Audit Department) established to examine and evaluate the Company’s system of internal controls. The Audit Director leads multiple audit managers who in turn lead a team of auditors. Duties include directing a comprehensive audit program of operational and financial audit projects; providing consulting services to the organization’s management and staff; providing direction for development of the Annual Audit Plan; and providing ongoing training, coaching and supervision to Internal Audit staff. The Audit Director is expected to periodically communicate with members of the Audit Committee regarding the effectiveness of the Company’s control environment.

Responsibilities

• Provides people management leadership by hiring quality talent, setting goals, developing and mentoring staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required.
• Establish and manage resource levels and financial budget with the plan and use expenses consistent with the established goals and approved amounts.
• Sustain professional and technical knowledge, as well as expanding knowledge, personal growth, and development through continuing professional education (CPE).
• Responsible for ensuring high quality of audit reports and communications.
• Assist and oversee manager's responsibilities for staff supervision and development.
• Establish and maintain effective working relationships with executive management and senior-level business unit managers, facilitate communications, resolve conflicts, and influence change.
• Directs the identification and evaluation of the organization’s risk areas and contributes to the development of the annual Audit Plan.
• Directs the overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
• Proactively participate in discussion with stakeholders on Bank topics/matters and provide valuable insights on risks impacting the Bank.
• Participate as a non-voting member or standing attendee on assigned Company Committees and Working Groups.

Supervisory Responsibilities

Directly responsible for directing, coordinating, and evaluating designated units or certain personnel in accordance with the organization's policies and applicable laws. Responsibilities may include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; providing pay change recommendations; disciplining employees; addressing complaints and resolving problems.

Qualifications

• Bachelor’s degree (4-year college) required; advanced degree preferred.
• 10+ years progressively responsible experience in public accounting and/or internal auditing, including 7 years direct management experience.
• 4+ years recent experience as a senior level auditor or regulator at a bank with assets greater than $100 billion.
• Expert knowledge of auditing principles and practices.
• In-depth understanding of credit risk management, including the ability to support loan review leadership as needed (preferred).
• Excellent written and verbal communication skills, including public speaking ability and positive public presence.
• Demonstrated meaningful impact using broad and/or deep breadth of experience and knowledge of the industry and associated emerging risks.
• Robust understanding of internal audit working papers and the ability to identify risk and controls and develop and execute testing plans.
• Sound interpersonal skills with demonstrated ability to collaborate with and influence key stakeholders.
• Ability to convey complex risks and issues for a broad range of audiences clearly and concisely while actively building consensus.
• Clear understanding of regulatory expectations in the execution of audit work, issue validation, MRA validation, and the response to regulatory inquiries.
• Strong skills in conflict resolution, auditor’s judgment, risk-based auditing, and sound decision-making.
• Experience working with external stakeholders, including regulatory agencies and external auditors.

Technical Skills

• Microsoft Office suite
• TeamMate+ (preferred)

Certifications

Required: CPA, CIA, CISA or other relevant certifications, or ability to obtain within 24 months of hire.