Chief Audit Executive

Peapack Private Bank & Trust•Bedminster Township, NJ

3d•$265,000 - $290,000

About The Position

Manages independent audits of operational processes and financial reporting in order to ensure regulatory compliance and that internal controls are appropriately designed and functioning as intended. Additionally, is responsible for providing assurance related advisory where appropriate and offering input and insights on controls to executive leadership. The results of audit operations are reported quarterly to the audit committee directly, and by extension, the board of directors.

Requirements

15+ years of experience in auditing and financial institutions; preferably within Banking institutions
Bachelor’s degree, CPA and/or MBA highly desired
Proficient in internal audit theory, standards, procedures, and techniques
Ability to partner effectively and work as one team across all levels of the Bank
Strong collaborator and skilled at building productive relationships with Bank colleagues and vendors
Strong executive presence and sufficient knowledge of the banking industry to provide meaningful and business-based recommendations to executive leadership.
Significant experience with designing and delivering Board level presentations.
Supervisory experience
Experience with the financial reporting requirements of publicly traded organizations.
Excellent verbal and written communication skills
Proficient in Microsoft, Excel, and Word and data analytics, audit workflow software (e..g., Teammate, Optro, etc.)

Nice To Haves

Lead with agility and adaptability, navigating ambiguity, shifting priorities, and client needs with clarity and follow-through.
Demonstrate intellectual curiosity and continuous learning, using new information, feedback, and market insight to improve results.
Use technology, automation, and emerging tools responsibly to improve efficiency, insight, and client service while protecting confidentiality and applying human judgment.
Apply enterprise-wide thinking and sound judgment, balancing client needs, risk discipline, profitability, and long-term trust.
Model white-glove hospitality through personalized, proactive, and high-touch experiences for clients, prospects, colleagues, and partners.

Responsibilities

Develops and maintains a risk-based audit universe that is comprised of auditable entities designed to meet the assurance requirements of the entire organization. Additionally, manages the SOX testing program within the company and ensures coordination with the external auditor.
Ensures that the Internal Audit group is maximizing the use of automated tools and processes to maximize the reach and of the audit function and the efficiency of the staff.
Prepares quarterly reporting packages for the audit committee which presents the results of all audit activity as well as detailed analysis of issues identified including any trending and the status and aging of outstanding issues as well as progress on remediation.
Is responsible for the overall direction of subordinate staff. Participates in interviewing, hiring and training activities. Plans, assigns, reviews, and directs work activities, addresses and resolves issues. Also, responsible for the professional development of the internal audit staff. This includes appropriate training, the pursuit of professional certifications and expanding their knowledge of the business and the banking industry.
Manages document requests and interactions with regulators, external auditors and any other legal or assurance related third parties.