Head of Internal Audit

5 days ago


Hicksville, New York, United States Flagstar Bank Full time
Job Summary

The Head of Internal Audit – BSA/AML and Compliance is a critical role that oversees the delivery of independent internal audit assurance services for Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Banking and Corporate compliance related functions. This position requires a seasoned professional with a strong background in audit, risk management, and regulatory compliance.

Key Responsibilities
  • Lead a team of audit professionals in the implementation and completion of the audit plan, ensuring high-quality, actionable feedback to auditees on control issues and potential solutions.
  • Develop and maintain key business relationships with internal and external stakeholders to optimize effectiveness.
  • Provide subject matter expertise to audit partners and ensure comprehensive audit coverage of owned risk domains.
  • Remain current with industry trends and emerging risks to update audit coverage as appropriate.
Additional Responsibilities
  • Assist the Chief Audit Executive with department or cross-functional initiatives and special projects.
  • Complete performance reviews and requisite administrative activities for all assigned direct reports.
Requirements
  • Undergraduate Degree in Accounting, Finance, or Business Administration or related field.
  • 15+ years of progressive audit, risk management, or examiner experience with a significant portion in the financial services industry.
  • Five or more years of experience in a managerial role.
Preferred Qualifications
  • Master's Degree in Accounting, Finance, or Business Administration or related field.
  • Financial institution industry experience is highly preferred.
  • Previous experience working with a public accounting or risk advisory firm is preferred.
Competencies
  • Comprehensive knowledge of relevant laws and regulations impacting financial institutions.
  • Strong knowledge of internal audit best practices and industry standards.
  • Superior oral and written communication skills.
  • Excellent quantitative and analytical skills.


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