Senior Vice President, Internal Audit

Senior Vice President, Internal Audit

About the Company

Respected banking organization

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking an SVP for Internal Audit to lead and enhance the internal audit function. The successful candidate will be responsible for assessing the quality and effectiveness of the company's controls to manage and mitigate risk, as well as to protect assets. This role involves providing strategic recommendations and advice to management and the Board of Directors, ensuring compliance with a wide range of regulatory requirements, and developing and maintaining the internal audit department's purpose, authority, and responsibility. The SVP will also be tasked with developing and executing an audit plan based on a comprehensive risk assessment, overseeing the implementation of the plan, and coordinating with third-party auditors and government regulators. Applicants for the SVP Internal Audit position at the company must have a Bachelor's degree and a significant background in bank audit, with a strong understanding of GAAP, FASB, and Federal and State regulations. Experience in consumer or community banking is highly valued. The role requires a professional with a deep knowledge of and commitment to the Bank Secrecy Act and Anti-Money Laundering regulations, as well as all relevant bank policies and procedures. The ideal candidate will have a proven track record in identifying and addressing control deficiencies, be adept at managing and resolving audit findings, and maintain technical competence through continuing education. The position demands a high level of integrity, the ability to work independently, and a proactive approach to ensuring the company's compliance and risk management standards are met.

Hiring Manager Title
Chair of the Audit Committee

Travel Percent
Less than 10%

Functions

• Finance