Audit Director - Wholesale Lending
Regular, full-time position. Fluency in English required. 1st shift.
About the Role
Truist Audit Services Director is responsible for coordinating and managing the delivery of value-added independent, objective risk-based internal audit assurance services for the Audit Committee and Executive Management. Through well-developed relationships with Senior Management and ongoing business monitoring activities, the Director develops a comprehensive, dynamic audit plan, and directs a team of audit professionals in the implementation and completion of the plan while maintaining responsibility for the overall quality of audit work performed.
Responsibilities
- Establish and manage a comprehensive, dynamic audit assurance program for assigned business units (BU).
- Supervise and coordinate audit activities to ensure all assigned responsibilities are performed in a high quality manner and on a timely basis.
- Directly manage a team of audit professionals and assume responsibility for the overall coordination and successful completion of a dynamic audit plan for assigned BUs.
- Effectively lead and manage resources to ensure performance measures and metrics are established and met.
- Provide leadership in the coaching and development of staff.
- Proactively develop and maintain mutually beneficial working relationships with senior management of assigned BUs.
- Supervise and participate in the planning, scoping, and execution of audit activities within the framework established by the department's policies and audit methodology.
- Comprehensively analyze assigned BUs existing systems, processes, and controls to determine the adequacy of the design and operating effectiveness of internal controls.
- Ensure compliance with laws, regulations, and corporate policies.
- Identify and evaluate risks present in BU coverage areas.
- Review and approve audit reports, ensuring they are accurate, clear, concise, and relevant such that recipients readily understand issues and risks.
- Develop and monitor risk assessments through interaction with and analysis of assigned business units.
- Lead the regular aggregation, correlation, and analysis of a robust program of business monitoring activities designed to identify potential changes impacting the risk profiles.
- Serve as an audit subject matter expert for assigned BUs, and continually monitor trends and developments in the auditing profession and banking industry.
Requirements
- Bachelor’s degree in finance, economics, or business-related field, or equivalent education and related training or experience.
- Ten years of progressive audit, risk, or examiner experience with a significant portion in the financial services industry, preferably with a large financial services firm.
- Demonstrated comprehensive knowledge of banking, risk management, and audit practices, with the ability to understand the broader risk.
- Excellent leadership abilities, decision making, and critical thinking skills.
- Strong verbal and written communication skills with the ability to effectively communicate with senior management and other stakeholders.
- Appropriate professional certification, such as Certified Internal Auditor, Certified Information Systems Auditor, or Certified Public Accountant.
Preferred Qualifications
- Master’s degree in a business-related field.
- Completion of a graduate school of banking.
Pay
For work locations in Virginia only, the annual base salary for this position is $152,000 - $190,000.
Benefits
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits. Truist offers:
- Medical, dental, and vision insurance.
- Life insurance, disability, and accidental death and dismemberment insurance.
- Tax-preferred savings accounts and a 401k plan.
- No less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during the first year of employment, along with 10 sick days and paid holidays.
- Depending on the position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.