Director, Internal Audit - Compliance

Description

The Director, Internal Audit - Compliance is responsible for leading a portfolio of risk-based compliance audit and advisory activities that provide independent assessments of regulatory compliance risk management, governance, and control effectiveness across the organization. This role serves as an Engagement Owner and trusted advisor to executive leadership by providing objective assurance and insights related to compliance risk management practices, regulatory obligations, and regulatory change preparedness.

The Director oversees compliance audit planning, execution, reporting, issue validation, and regulatory engagement activities while ensuring adherence to Internal Audit standards and methodologies. This role plays a key leadership role in evaluating the effectiveness of first- and second-line compliance programs, identifying emerging regulatory risks, and strengthening the organization’s overall compliance control environment.

Here’s what you can expect from the job and what you need to be successful:

• Lead a portfolio of risk-based compliance audit and advisory engagements, ensuring timely execution, consistent methodology application, and high-quality deliverables.
• Oversee audit planning, risk assessments, scoping decisions, testing strategies, audit conclusions, and reporting activities across compliance-related audit engagements.
• Review and approve audit findings, issue severity ratings, root cause assessments, remediation plans, and issue validation activities.
• Contribute to development of the annual audit plan through participation in audit universe management, risk assessments, regulatory risk evaluations, and compliance audit coverage planning.
• Provide independent assessments of Compliance Management System (CMS) effectiveness, including governance, policies and procedures, regulatory change management, training, monitoring and testing, complaint management, and issue management processes.
• Evaluate the effectiveness of first- and second-line compliance oversight programs and challenge the adequacy of compliance risk management practices.
• Assess compliance control design and execution across end-to-end business processes, products, services, and operational activities.
• Conduct audits of consumer protection, prudential compliance, lending, deposit operations, marketing, and other regulatory compliance requirements applicable to the organization.
• Identify systemic compliance risk themes, emerging regulatory concerns, control weaknesses, and potential customer or reputational impacts.
• Monitor regulatory developments, examination priorities, enforcement actions, and industry trends to ensure appropriate audit coverage and risk perspective.
• Develop and maintain strong relationships with Compliance, Legal, Enterprise Risk, business leadership, and regulatory stakeholders while maintaining audit independence and objectivity.
• Represent Internal Audit at governance committees, regulatory meetings, and cross-functional working groups as appropriate.
• Support regulatory examinations and coordinate audit responses related to compliance risk and Internal Audit activities.
• Drive continuous improvement of compliance audit methodology, testing approaches, reporting capabilities, and audit effectiveness.
• Develop and mentor audit professionals, including performance management, capability development, succession planning, and professional growth

• Required Experience:
  
  8+ years of regulatory compliance risk within financial services organizations.
• 4+ years of experience leading a diverse team including hiring, coaching and performance management.
• Strong knowledge of Compliance Management Systems (CMS), including regulatory change management, policies and procedures, training, monitoring and testing, complaint management, issue management, and governance practices.
• Knowledge of consumer protection, lending, deposit operations, marketing compliance, and prudential regulatory requirements applicable to credit unions and financial institutions.
• Experience evaluating compliance control design, effectiveness, and execution across complex business processes.
• Ability to assess the…