Audit Lead Job in Minneapolis, MN

Audit Lead

We are looking for an experienced Audit Lead to join a financial services organization in the twin cities, Minnesota. This position will guide risk-based internal audit activities with a primary emphasis on third-party risk management, including fintech relationships, oversight practices, ongoing monitoring, and applicable regulatory expectations. The role partners closely with business stakeholders and audit colleagues to evaluate controls, highlight risk exposure, and deliver practical recommendations that strengthen governance and operational effectiveness.

Responsibilities:

• Lead and execute internal audits focused on third-party risk management activities, with particular attention to partnerships, vendor oversight, and compliance obligations.

• Build productive working relationships with business partners and audit team members to support open communication, effective collaboration, and informed audit outcomes.

• Assess business processes to identify significant risks, key controls, and areas where control design or execution may require improvement.

• Prepare audit planning materials, risk assessments, and tailored audit programs that align testing procedures to the level of risk and engagement scope.

• Perform walkthroughs, review process documentation, and direct control testing using appropriate sampling methods and sound audit techniques.

• Analyze audit results to determine the significance of issues, investigate underlying causes, and develop practical observations supported by clear documentation.

• Communicate findings through well-structured reports and verbal presentations that clearly explain risk impact, control gaps, and recommended actions.

• Monitor outstanding audit issues by conducting follow-up reviews and validation testing to confirm that corrective actions have been effectively implemented.

• Support internal control testing and contribute to related program documentation and reporting as part of broader departmental initiatives.