Chief Internal Auditor

Firstrust Bank • Horsham, PA

120d

About The Position

The Chief Internal Auditor performs a critical role in ensuring the integrity, efficiency, and compliance of a bank's operations. This position will operate as a strategic business partner to the CEO and Board of Directors to help advise the organization on internal control, risk management, and regulatory compliance.

Requirements

• Bachelor’s Degree Required in Accounting, Finance, or related field.
• Master’s degree / Wharton School of Banking or professional certifications (e.g., CIA, CPA, CISA), preferred.
• Minimum 20 years of experience in progressive leadership roles in the internal control function in the banking/financial services industry.
• Minimum 10 years of experience setting strategy and partnering with senior leadership teams.
• Experience in a Controller position or working in a public accounting firm a plus.
• In-depth knowledge of auditing principles, practices, and standards (e.g., IIA standards, COSO framework).
• Practical knowledge of cyber security risk and assessment of information security policies and processes.
• Exceptional understanding of banking regulations and compliance requirements.
• Proven ability to effectively manage audit projects and teams.
• Strategic thinker with the ability to identify and mitigate risks.
• Proficiency in audit software and data analytics tools.
• Analytical mindset with the ability to make sound decisions in complex situations.
• Strong leadership, delegation, and team building skills.
• Exceptional written and verbal communication skills.

Nice To Haves

• Experience with family-owned companies a plus.
• Demonstrates courage to maintain healthy tension and stand strong in a position when needed.
• Experience navigating difficulty and finding compromise while keeping the bank’s risk appetite top of mind.
• Demonstrates proactiveness, flexibility, and tech-savviness.
• Ability to establish and maintain effective working relationships at the C-Suite level and across all levels of the organization.
• Experience with Microsoft Office and Teams.

Responsibilities

• Participates in the Senior Leadership Committee Meetings and strategic planning process.
• Provides strategic direction and leadership to the internal audit function, aligning audit activities with the bank's objectives, risk appetite, and regulatory requirements.
• Works closely with Chair of Audit Committee and has oversight for Firstrust subsidiaries.
• Develops risk-based audit plans that encompass all areas of the bank's operations including technology and information security.
• Executes audits in accordance with professional standards, ensuring thorough examination of processes, controls, and risk management practices.
• Continuously assesses and evaluates the bank's risk landscape to identify emerging risks and areas of concern.
• Ensures the bank's compliance with relevant laws, regulations, and industry standards.
• Establishes and maintains robust internal audit methodologies, standards, and quality assurance processes.
• Fosters effective communication and collaboration with key stakeholders across the organization.
• Leverages technology and data analytics tools to enhance audit efficiency, effectiveness, and coverage.
• Supports the audit committee of the Board of Directors in fulfilling its oversight responsibilities.
• Upholds the highest standards of professional ethics, integrity, and objectivity in conducting audit activities.
• Motivates and develops team members to build a bench of talent for future succession.
• Collaborates with internal and external auditors and federal/state examiners.
• Assists in the development of new business; understands corporate products and services to suggest products.
• Demonstrates community involvement by participating in community activities, groups, and boards for networking and business development opportunities.
• Performs other duties as assigned.

Benefits

• Great benefits
• Performance-based pay
• Resources to help your success

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees