Associate Audit Director, Compliance Risk Management

Associate Audit Director, Compliance Risk Management

Location:

City Scape

As an Associate Audit Director you'll plan, oversee and report on various audits in your assigned coverage areas, supporting the execution of department's annual audit plan. You'll also assist in the annual risk assessment and related quarterly continuous monitoring that supports the risk assessment. You'll lead all assigned audits and ensure timely wrap-up and completion per the audit plan. You'll evaluate processes and internal controls for adherence to bank policies and procedures, and compliance with federal and state banking regulations.

You'll interact with and proactively inform senior leadership of audit results and related risk. You'll complete root cause analysis for identified issues to focus on strengthening and improving controls. You'll report to an Audit Director or Senior Audit Director; however, you'll have the opportunity of working with our audit leaders across the department, as many of our audits are integrated with the finance, banking operations, credit administration, risk management and compliance audit teams.

Also, you'll be responsible for attracting, hiring, and retaining a team of high‑performing Auditor and Senior Auditor professionals that will report directly to you. With the assistance of the Audit Project Manager(s), you'll oversee day‑to‑day activities of the audit team. Works with other audit teams for effective utilization of all staff for completion of the overall audit plan. You'll be responsible for ongoing coaching, training, development and motivation of your audit team.

Your position promotes risk awareness in the enterprise through a positive and collaborative relationship with department heads, business leadership, and staff. In addition to audit execution, you'll meet regularly with department heads and business leaders to discuss audits, assess risks, evaluate issue remediation progress, provide feedback and gather insights on business activities.

• Support the Audit Director or Senior Audit Director in completing the annual risk assessment and development of the resulting audit plan. Prepare a comprehensive risk‑based, multi‑year plan of audit coverage for assigned area, ensuring audits are within cycle and logically budgeted/resourced. Lead execution of the assigned area of the audit plan, appropriately leveraging and delegating to the Audit Project Manager(s). Ensure key risks and all critical plan inputs are considered as part of audit planning for audits within assigned area.
• Understand risk management frameworks to lead in internal control evaluation of audit assignments. Oversee the completion of all phases and wrap‑up of the assigned audit areas utilizing the audit software (Wdesk/Workiva) while reviewing and providing feedback to the audit team over critical planning and testing approach audit documentation. As needed, discuss scope and approach with other department leadership to ensure appropriate audit coverage.
  
  Review the Audit Project Manager’s work along with review of higher risk controls and related exceptions to ensure compliance with stated requirements and objectives, IIA standards and audit methodology. Provide guidance, coaching and clear feedback to audit team, ensuring resolution of all review notes prior to audit wrap‑up. Incorporate data analytics into various audit testing. Finalize root cause analysis for all audit issues noted in audit team’s test work.
  
  Clarify and clear audit review notes provided by the Audit Director or Senior Audit Director. Complete hours analysis for overall audit and perform final quality assessment of organization and documentation for completeness and compliance with audit methodology.
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