Audit Director Leadership Position

3 weeks ago

Saint Paul, Minnesota, United States Old National Bank Full time

Job Title: Audit Director

Job Summary:

Old National Bank is seeking an experienced Audit Director to lead the Internal Audit team. The successful candidate will be responsible for managing the team, overseeing audit plans, and executing internal audits in accordance with Internal Audit standards and Company policies.

Key Responsibilities:

  • Oversight and execution of multiple, concurrent, moderate to highly complex internal audits for assigned business segments.
  • Maintains a thorough understanding of financial services and applies this knowledge to strategize, plan, and implement audit activities for assigned business areas.
  • Provides strategic leadership to the team through application of advanced competencies in technical skills, logical reasoning, and overall audit proficiency.
  • Guides the audit team through engagement and ensures timely, high-quality audit reports and findings, and facilitates issue resolution.
  • Effectively summarizes and communicates audit progress and findings to various levels of management, both orally and in written materials.
  • Supervises and coaches audit staff as part of the internal audit review, including the oversight of field work, reviewing and challenging the testing and work papers prepared by audit staff, and review of post-audit follow-up to appraise adequacy of corrective action taken to address audit recommendations.
  • Continuously assesses and manages risks to the successful completion of audit projects and/or departmental objectives.
  • Anticipates challenges which may impact Internal Audit's and the Company's success, understands the critical risks and issues, including root causes, and creatively provides input to mitigate these risks/issues.
  • Leads, coaches, and develops an assigned Internal Audit team.
  • Shares business expertise with the audit team to ensure that decisions pertaining to the nature, timing, and extent of audit work are appropriate and that the skill sets of the team are continually enhanced.
  • Improves and reinforces the performance of others by providing timely, candid, and constructive performance feedback; facilitates skill development through coaching.
  • Communicates clear expectations, monitors and measures progress and results, rewards and recognizes success, deals with problem performance; promotes a culture of mentoring and knowledge transference to enhance the performance of the entire team.
  • Drives a rewarding team member experience and facilitates the learning, growth, and performance of each team member through effective on-going development discussions, support of individual development planning, and career exploration.
  • Serves as a key resource in the execution of audit work for business segment leaders, Chief Audit Executive, and Ethics Officer, and Risk Management.
  • Conducts a comprehensive organizational review at the strategic level to identify business risks, internal control issues, and efficiency recommendations.
  • Assists the Chief Audit Executive with the organizational risk assessment and development of annual audit plan.
  • Leads development of strategy for ensuring assigned business areas receive high-quality, timely, risk-focused effective audit services.

Requirements:

  • Bachelor's Degree (4-year Accredited College).
  • Relevant financial services industry knowledge (Operations, Trust, Enterprise Risk Management, Treasury/Asset Liability Management, Investments, Regulatory Compliance).
  • Professional certifications (CPA, CIA, CFIRS, or other relevant professional designations).
  • 8+ years related auditing experience.
  • Highly proficient in auditing/examination techniques.
  • Thorough understanding of Institute of Internal Auditors (IIA) Standards.
  • Experience with OCC large bank examinations.
  • Experience with Sarbanes Oxley compliance and testing.
  • Excellent oral and written communication skills.
  • Ability to interact with business leaders, all levels of staff, and colleagues in a professional fashion.
  • Required competency with Microsoft Office Suite and internal audit applications such as Audit Board.

About Old National Bank:

Old National Bank is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures, and thinking styles.

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