Senior Vice President, Internal Audit

Senior Vice President, Internal AuditAbout the CompanyProminent banking organizationIndustryBankingTypePrivately HeldAbout the RoleThe Company is seeking an SVP, Internal Audit to lead and enhance its internal audit function. The successful candidate will be responsible for assessing the quality and effectiveness of the company's controls to manage and mitigate risk, as well as to protect assets. This role involves providing strategic recommendations and advice to both management and the Board's Audit Committee, ensuring compliance with a wide range of regulatory requirements, and developing and maintaining the internal audit department's purpose, authority, and responsibility. The SVP will also be tasked with developing and executing a risk-based audit plan, overseeing the implementation of the plan, and coordinating with third-party auditors and regulators. Applicants for the SVP, Internal Audit position at the company must have a Bachelor's degree and a substantial background in bank audit, particularly within the consumer or community banking sector. A strong working knowledge of GAAP, FASB, and Federal and State regulations is essential. The role requires the ability to identify, evaluate, and recommend third-party audit consultants, as well as to ensure that audit assignments are completed in a timely manner. The ideal candidate will have a proven track record of maintaining technical competence through continuing education and complying with professional standards of conduct. Additionally, the SVP will be responsible for escalating any suspicious activity to the BSA Officer and must have a deep understanding of the Bank Secrecy Act and Anti-Money Laundering regulations.Hiring Manager TitleChair of the Audit CommitteeTravel PercentLess than 10%FunctionsFinance