Director of Audit, McLean VA or Richmond, VA
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|Status:||Inactive / Filled|
|Title:||Director of Audit, McLean VA or Richmond, VA|
|Job Location:||Richmond, VA|
|Base Compensation:||$135,000 — $150,000|
|Total Compensation:||$150,000 — $210,000|
|Is Employer Willing to Relocate?:||Yes|
|Other Relocation Information:||full package|
WHY IS THIS A GREAT OPPORTUNITY?
$24B SEC Financial Services Company--Director of Audit, McLean VA or Richmond, VA 150 up to $60K bonus, 25% travel, 10-17 years Location: Mclean, VA, US
JOB DESCRIPTIONDescription Corporate Audit Services, the Internal Audit function within Client, is a dedicated group of audit professionals focused on delivering top quality assurance services to the organization’s Audit and Risk Committee. The CAS department is considered one of the leading internal audit functions within the financial services industry and is highly regarded within Client. CAS professionals are experienced, well-trained and credentialed, and operate within a highly collaborative team environment to deliver value added opinions and recommendations. In addition, the CAS vision of Innovate Continually, Perform Brilliantly, and Set the Standard create a dynamic and challenging atmosphere for both personal growth and professional opportunity. Working in our Professional Practices area and responsible for the continued development and maintenance of the Audit Business Model, including the Audit Methodology and related policies, standards and procedures, tools and technologies, quality assurance, training and development, knowledge management and communication, and related projects. Work involves managing or conducting projects, providing major input to the development of the annual plan, and providing training, coaching and supervision to internal staff. Ensures that audit results are translated into well-communicated recommendations to executive management emphasizing strengthening of control and process weaknesses in order to prevent recurrences and reduce exposure to losses. A Director, Audit provides communications support for executive and departmental presentations and special events. He or she maintains all organizational and professional ethical standards, works independently under general supervision, and is able to exercise some latitude for initiative and independent judgment.
KEY RESPONSIBILITIES A. Size and Scope of Audit Responsibility ¨ Manages the maintenance and enhancement of the CAS Audit Methodology and related policies, standards and procedures. ¨ Manages the execution and maintenance of Quality Assurance (QA), developing strategy and annual work plans. ¨ Manages the execution and maintenance of training and development activities. ¨ Executes performance management, talent management and other managerial duties. ¨ Manages the development and support of tools and technology to support the audit process and model. ¨ Manages the execution and maintenance of Knowledge Management and Communication processes and develops KM strategy. ¨ Coordinates and prepares for departmental regulatory examinations. ¨ Is the primary owner of AWP. ¨ Prepares monthly and ad hoc team status and management reports. ¨ Typically works independently under general supervision, with latitude for initiative and independent judgment. ¨ Performs other related work as assigned by the Vice President and the Executive Vice President and Chief Auditor. B. Span of Control ¨ Manages 2-3 staff members across an assortment of areas of responsibility. ¨ Lead project manager for large scale departmental initiatives, maintaining and tracking PPG plans. ¨ Primary owner of the AWP. ¨ Rewards and recognizes high performing staff. C. Complexity ¨ Familiar with the design and execution of internal controls testing of fairly complex operations with many auditable components, including finance, compliance, IT, credit and security, etc. ¨ Able to plan, perform and lead audit tasks and projects of moderate to high-level difficulty, demonstrating the degree of audit experience needed to effectively guide and monitor the work of other auditors. ¨ Demonstrates an in-depth understanding of the broader context and implications of the various types of risk affecting the business (e.g., financial, legal, reputational, etc.). ¨ Effectively identifies and understands changes in the risk environment, able to suggest modifications to audit testing methodology, practice and procedures as appropriate. ¨ Has some depth of expertise in one or more areas of responsibility D. Relationship Management ¨ Establishes and maintains effective working relationships with auditors, line management, auditees and external parties, as appropriate. ¨ Effectively represents internal audit on project teams and at management meetings, and presents and reports audit findings to senior management. ¨ Works closely with internal clients and other interested parties without compromising the objectivity and independence of the audit function. ¨ Develops a personal network of people who are industry/business experts, drawing on the experience of others to learn more about the organization. E. PPG Administration ¨ Executes performance management, talent management and other managerial duties. ¨ Prepares monthly and ad hoc team status and management reports. ¨ Assists the Vice President in reporting issues of audit operations to senior management and the Board of Directors and provides other internal audit status reporting as required. ¨ Assists the Vice President in developing financial budgets, and responsible for managing budget in area(s) of responsibility. F. Professional Conduct ¨ Maintains all organizations and professional ethical standards, while actively advocating and monitoring compliance. ¨ Ensures work performed meets or exceeds established quality standards and establishes review process to ensure adherence. ¨ Pursues professional development opportunities, including internal and external training and professional association memberships, and shares information gained with team members. Qualifications Basic Qualifications: - Bachelors Degree - 3 Years of accounting or audit experience - 2 Years of managerial/supervisory experience - 8 years of experience in Internal or external auditing, accounting, financial analysis, information systems, compliance or other related field - 5 years of experience in Advanced understanding of IT control frameworks such as CobIT, their application to audits of IT controls, and experience in performing audits of technical nature. - 3 years of experience in Supervisory or project management - 3 years of experience in Banking or financial services industry experience. Preferred Qualifications: - Experience as a regulator at the Federal Reserve, Office of Thrift Supervision, Office of Comptroller of Currency - Advanced knowledge of banking laws and regulations and compliance - Masters Degree in Auditing, Accounting, Finance, Economics, Information Systems or Business Administration - Certified or working toward a professional certification such as a CIA, CPA, CRCM or CISA - 10 Years of experience in Internal or external auditing, accounting, financial analysis, information systems, compliance or other related field - 7 years of experience in Advanced understanding of IT control frameworks such as CobIT, their application to audits of IT controls, and experience in performing audits of technical nature. Advanced knowledge of banking laws and regulations and compliance Job: Audit, Risk Management and Security Primary Location: United States-Virginia-McLean-Northern VA-McLean Campus (19050) Other Locations:United States-Virginia-Richmond-Richmond-West Creek 3 (12073) Schedule: Full-time Travel: Yes, 25 % of the Time
Total Years of Experience: