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Job Ref: 14858
Salary: $110000 – $230000
Job Title: VP, Internal Audit Quality Assurance (Banking)
Location: New York, NY
Salary Range: $110,000 – $230,000 (based on experience)
Join a Leading Global Financial Institution – Shape the Future of Internal Audit
VP of Internal Audit Quality Assurance. In this high-impact role, you’ll be at the forefront of shaping and enhancing our internal audit function to meet the highest industry standards.
Key Responsibilities:
- Strategic Leadership: Lead and enhance our internal audit program to achieve a “Strong” rating, aligning it with enhanced prudential standards set by the Federal Reserve.
- Audit Program Oversight: Draft and execute an effective communication strategy for the Internal Audit function, ensuring clear reporting to stakeholders, including Board of Directors leaders and Head Office Audit teams.
- Quality Assurance Excellence: Spearhead the development of a Quality Assurance Improvement Program (QAIP), driving audit process improvements and the execution of a comprehensive QA review program.
- Audit Plan Management: Review, rationalize, and track the audit plan, ensuring alignment with risk assessments and timely progress toward goals.
- Regulatory & External Auditor Coordination: Lead efforts in responding to requests from regulators and external auditors, ensuring smooth coordination and compliance with regulatory expectations.
- Training & Development: Deliver specialized training sessions for audit teams, developing training materials on audit standards and driving the continuous development of auditors’ skills.
- Communication & Reporting: Prepare and present high-level audit reports to management committees, ensuring transparency on audit progress, resource utilization, and budget adherence.
Qualifications:
- Experience: A minimum of 7 years’ experience in Internal Audit, Risk Management, or Compliance, with a deep focus on Audit Quality Assurance, Process Improvement, and Audit Practices.
- Technical Expertise: Strong exposure to IT audit, cybersecurity, and risk management, with experience in database management, information security, and project development.
- Regulatory Knowledge: Extensive familiarity with U.S. banking regulations and audit professional standards. Experience with Federal Reserve guidelines is highly desirable.
- Leadership Skills: Proven track record of mentoring and developing audit teams, with the ability to drive change and influence senior stakeholders.
- Project Management: Strong project management skills, with experience in coordinating and managing large-scale audit programs and process improvement initiatives.
- Certifications: CPA, CIA, or equivalent certifications are a plus. CAMS certification for Compliance professionals is highly desirable. Big 4 experience is an added advantage.
- Education: A Bachelor’s degree is required; a Master’s degree is a plus.
If you’re a strategic thinker with the skills to elevate our internal audit function and are eager to drive meaningful improvements, we’d love to hear from you! Apply today to take your career to the next level.
Call/Text: Franca Diona (646)-442-2272
Email: franca@acgresources.com
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