SVP, Director of Audit
Listed on 2025-12-20
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Finance & Banking
Financial Compliance, Risk Manager/Analyst, Financial Manager, CFO -
Management
Risk Manager/Analyst, Financial Manager, CFO
Midwest Bank Centre is proud to be recognized as one of St. Louis’ Top Workplaces for the past 5 years!
Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest Bank Centre!
Why Midwest Bank Centre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest Bank Centre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.
We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER.
Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest Bank Centre lives its purpose.
The Director of Audit leads and manages the Bank’s Audit function, overseeing a comprehensive, risk-based audit program that evaluates the effectiveness of internal controls, operational processes, financial reporting accuracy, and compliance with banking regulations and laws. This position ensures all audits are performed in alignment with the IIA’s International Standards for the Professional Practice of Auditing and supports the Bank’s governance structure by providing accurate, objective, and timely audit reporting.
As a key leader in a $3B community bank, the Director serves as a trusted advisor to the CFO, executive leadership, and the Audit Committee, offering independent insight and recommendations that strengthen the control environment, support operational efficiency, and reduce organizational risk.
Essential Functions:Lead and Manage the Audit Function
- Direct the strategic planning, operations, and overall performance of the Audit department.
- Develop departmental goals, processes, and staffing models to ensure adequate coverage of the Bank’s operations and regulatory expectations.
- Recruit, train, coach, and evaluate audit staff; ensure the team maintains a high level of professional competency.
- Manage the department budget and resources.
- Maintain appropriate independence and objectivity of the audit function while reporting administratively to the CFO.
- Lead and review the planning, execution, and reporting of operational, financial, branch, IT, and compliance audits.
- Ensure all work papers and reports meet IIA Standards, GAAS, and internal quality expectations.
- Analyze audit findings to identify control gaps, inefficiencies, or compliance weaknesses.
- Provide clear, practical recommendations that enhance internal control structures and operational effectiveness.
- Present audit results and risk insights to senior leadership and the Audit Committee.
- Track and validate management’s corrective action plans to ensure timely remediation.
- Lead the Bank’s audit risk assessment process, considering emerging risks, regulatory changes, and strategic priorities.
- Develop and maintain a dynamic, risk-based annual audit plan for Audit Committee approval.
- Update the plan as needed based on shifts in risk, business growth, or regulatory expectations.
- Serve as primary liaison between the Audit function and the Audit Committee.
- Prepare and present quarterly Audit Committee packages, including audit activity updates, issue tracking, audit reports, and staffing updates.
- Present the annual audit plan and audit charter for approval.
- Share relevant regulatory insights, industry trends, and emerging risks impacting the Bank.
- Coordinate with federal and state regulators (FDIC, FRB, Missouri Division of Finance) during examinations.
- Serve as the internal point of contact for external auditors, including support for financial statement audits and internal control assessments.
- Oversee responses to exam and audit requests, ensuring accuracy and completeness.
- Maintain strong awareness of regulatory expectations for banks of comparable asset size and complexity.
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