Director, Internal Audit

Risk Assessment

Supervisory role for the annual risk assessment process - play key role in the annual Risk Assessment through all stages. Provide quarterly risk assessment and audit universe updates to IAD management. Review and challenge audit universe updates after the completion of each audit.

Audit Execution

• Supervisor role in the execution of internal audit assignments with emphasis on capital, liquidity risk, interest rate risk, and balance sheet management (including hedging strategies) for the enterprise.
  • Expected to lead all aspects of a portfolio of multiple audits including scheduling, planning, review and challenge of testing approach and testing conducted; review, challenge, and sign-off on audit deliverables; support of the audit team in meetings with key partners; and main point of contact with the assigned business unit leaders.
  • Oversight of audit timelines, budget, resourcing, and adherence to internal audit methodology requirements.

Issues Identification

Oversight of issues identification, including review and challenge of draft issue observations including the issue identified, compensating controls, ratings, and the appropriateness of management action plans prior to finalizing the reports.

Issue Management and Validation

Oversee the completion and validation status (including SLA adherence) for issues in audit portfolio. Review and challenge completed issue validation testing results.

Business and Project Monitoring

• Act as the primary point of contact for senior stakeholders across Treasury and Finance Risk Management for liquidity risk, interest rate risk, and capital adequacy.
  • Oversight for business and project monitoring program execution to identify emerging risks.
  • Participate or lead business and project monitoring meetings including key driver of the agenda/talking points.
  • Provide updates for Monthly IAD Leadership Risk Monitoring meetings.

Regulatory

• Oversight for the completion and validation status (including SLA adherence) for regulatory matters received by the firm.
  • This includes Review and challenge regulatory matter validation work; evaluate the appropriateness of management’s draft responses to regulatory matters; perform retrospective reviews for adverse events (as required); Participate in regulatory meetings (i.e., exam, business monitoring, IAD monitoring); and provide responses to regulatory questions during exams.

Administration/Training

Completion of firm-wide and departmental administration and training requirements.

Other Initiatives or Special Projects

Voluntary participation in departmental strategic initiatives.