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Lead Internal Audit Strategist
2 months ago
As a Lead Internal Audit Strategist at Bank of Hope, you will oversee comprehensive internal audit operations, ensuring the integrity and effectiveness of our auditing processes.
Key Responsibilities:
- Direct all stages of internal audits, encompassing planning, execution, issue resolution, reporting, and ongoing oversight.
- Facilitate the annual risk evaluation and contribute to the formulation of the yearly audit agenda.
- Supervise a team of audit professionals, offering guidance and support as needed.
- Coordinate resource distribution for all audit initiatives.
- Foster collaborative relationships with various departments and external auditors/regulatory bodies.
- Engage in effective communication with business leaders and senior executives.
- Provide mentorship and continuous coaching to the audit team throughout the audit lifecycle.
- Keep the Audit Director and Chief Audit Executive apprised of significant audit discoveries as they arise.
- Conduct audits efficiently to adhere to budgetary constraints.
- Evaluate audit deliverables to guarantee quality and thoroughness.
- Oversee audit outcomes to assess the sufficiency and effectiveness of management's corrective actions in response to audit results.
- Stay updated on federal and state banking regulations relevant to our operations, products, and services.
- Enhance and maintain professional expertise through ongoing education.
- Assess team development needs and ensure staff engagement in continuous professional growth.
- Recruit, nurture, and retain skilled audit personnel.
- Assist external auditors, co-sourced partners, and regulatory agencies as necessary.
- Bachelor's Degree in a relevant field such as business management, accounting, finance, or economics; a graduate degree is advantageous.
- 10-15+ years of experience in internal auditing and/or risk management, preferably within the financial services sector.
- Experience in regional or large commercial banking is preferred.
- Extensive knowledge of the banking industry, including applicable laws, regulations, and operational practices.
- Proficient understanding of internal control assessments and risk evaluation methodologies, as well as auditing standards.
- Professional certifications such as CPA, CIA, ACAMS, or CRCM are highly regarded.
- Exceptional written and verbal communication skills, with the ability to engage effectively with all management levels.
- Capacity to maintain independence and objectivity while managing confidential information.
- Strong analytical and problem-solving abilities.
- Proficient in teamwork and collaboration.
- Sound judgment and decision-making skills.
- Excellent project management and organizational capabilities.
- Able to navigate organizational structures effectively.
- Professional demeanor when interacting with colleagues, business leaders, and external parties.
- Strong planning and prioritization skills.
- Familiarity with auditing software is preferred.
- Proficiency in both English and Korean is a plus.
- Willingness to travel as required.
The salary range for this full-time role is $160,000 - $195,000, plus bonuses and benefits. Salary is determined based on qualifications, experience, and location. Bank of Hope is committed to equal employment opportunities and does not discriminate based on race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status, or any other protected status.