Description:
LHH Recruitment Solutions is seeking a Director of Internal Audit for a prestigious financial services organization located in a confidential location. This role is responsible for overseeing a comprehensive enterprise-wide internal audit program, providing leadership and direction to the Internal Audit team, and maintaining strong working relationships with management and staff.
LHH Recruitment Solutions is seeking a Director of Internal Audit for a prestigious financial services organization located in a confidential location. This role is responsible for overseeing a comprehensive enterprise-wide internal audit program, providing leadership and direction to the Internal Audit team, and maintaining strong working relationships with management and staff.
Duties:
- Collaborating with business unit leaders to enhance the internal audit function and add value to their operations.
- Leading the development, coordination, and timely reporting of process-level risk assessments.
- Facilitating Enterprise Risk Management activities with senior leadership to assess the overall control environment and audit approach.
- Directing and supervising the creation of the Annual Audit Plan and the Internal Audit Risk Assessment.
- Identifying and evaluating risk areas for the Annual Audit Plan and obtaining approval from the Audit Committee.
- Managing the development of requests for contracted (outsourced) services for the Internal Audit Department and monitoring these services.
- Researching audit tools and staying updated on leading audit practices.
- Ensuring compliance with quality control standards by reviewing work products of individual audit projects.
- Reviewing and approving audit objectives, scopes, and audit programs for assigned projects.
- Conducting audit procedures, including issue identification, criteria development, evidence evaluation, and documentation.
- Communicating audit results through written reports and oral presentations to management, the Audit Committee, and external organizations.
- Representing Internal Audit at various meetings and with oversight agencies.
- Pursuing professional development opportunities and sharing knowledge with staff.
- Staying current with industry best practices, regulatory developments, and evolving risk factors to enhance the internal audit strategy.
Supervisory Responsibility:
- Oversee all activities of the internal audit staff.
Education:
- BBA or MBA degree in Accounting or an equivalent degree.
Work Experience:
- A minimum of ten years of auditing experience, with at least three years in financial services internal auditing and leadership of an internal audit team.