Director of Internal Audit

Home Trust Banking Partnership • Asheville, NC

190d

About The Position

The Director of Internal Audit is responsible for ensuring an effective internal audit function is in place, while focusing on adding value and improving the institutional operations, risk management, control and governance processes. The Director of Internal Audit is independent of management and reports directly to the Audit Committee of the Board of Directors (the "Board") for HomeTrust Bancshares and HomeTrust Bank (the "Corporation"). Oversight responsibilities include providing stakeholders with risk-based, independent, objective, and reliable assurance advice and insight to assist the Corporation in accomplishing its strategic goals and objectives. The position has authority to review all areas of the Corporation, as specified in the Internal Audit Charter. The position will maintain positive and effective relationships with external auditors and examiners and establish adequate audit activities that provide reasonable assurance the Corporation complies with SEC and federal and state banking laws and regulations.

Requirements

• B.S. or B.A. degree in Accounting, Finance or relevant field.
• At least 10 years of internal audit experience, including management experience.
• At least 10 years of experience working in the financial services or public accounting industry.
• Extensive knowledge of principles and practices in the areas of accounting, auditing, and bank laws and regulations.
• Strategic thinking abilities to develop and implement audit plans that align with the organization's goals and risk appetite.
• Advanced understanding of audit methodologies, risk management strategies, and internal control structures.
• Strong analytical skills for assessing financial data, identifying irregularities, and recognizing patterns that may indicate fraud or non-compliance.
• Exceptional leadership skills to manage and develop a team of auditors.
• Strong ability to analyze, diagnose, and communicate complex business and financial issues.
• Excellent written and oral communication skills.
• Organized and detail-oriented, with the ability to manage multiple audits and projects concurrently.
• Strong ethical standards and integrity, necessary for the impartial execution of audits.
• Ability to handle sensitive information while maintaining a high degree of confidentiality.
• Diplomacy and conflict management skills, with a strong ability to work across the organization and at all levels.
• Ability to travel as necessary and retain high presence in Asheville, the Bank's headquarters location.
• Proficient in Microsoft Office products.
• Ability to work in the Asheville location 3-5 days a month with team and to collaborate with partners.

Nice To Haves

• MBA
• Certified Public Accountant certification and/or Certified Internal Auditor certification.
• Public accounting experience in financial services.
• Experience and proficiency with Audit Board software.

Responsibilities

• Developing internal audit strategies, budgets, goals, objectives, policies, procedures, plans, and schedules to evaluate the effectiveness of internal controls.
• Providing effective monitoring of the integrity and effectiveness of the Corporation's accounting and financial reporting processes and systems of internal control.
• Identifying areas of potential financial and operational risk within the organization.
• Reviewing and assessing the Corporation's risk management processes.
• Outsourcing internal audit work to reputable, experienced, and independent third parties when specialized expertise is necessary.
• Managing the timely accomplishment of the audit plan.
• Providing verbal and/or written communications of audit findings and recommendations to improve internal control and governance processes.
• Conducting follow-up audits to monitor management's interventions and actions.
• Managing the Corporation's whistleblower software, training and related processes.
• Presenting and discussing audit findings and recommendations with management while maintaining independence.
• Promptly communicating significant risks or concerns to the Chief Risk Officer and the Audit Committee Chairperson.
• Preparing Audit Committee materials and meeting agendas in coordination with the Audit Committee chairperson.
• Loading Audit Committee materials to the Audit Committee portal in advance of scheduled meetings.
• Presenting at each Audit Committee meeting.
• Coordinating with providers of assurance and audit services to ensure appropriate audit coverage and to minimize duplication of efforts.
• Maintaining a solid understanding of the Corporation's business activities, strategic plan, risk appetite, and risk tolerance.
• Maintaining effective communications with, and supporting the needs of, the Audit Committee and its Chairperson through regular meetings, reports and the performance of special projects.
• Regularly communicating with the Chief Risk Officer and other Executive Management to nurture an effective working relationship and strong governance culture.
• Raising difficult issues with management and the Audit Committee.
• Consulting with management to provide appropriate guidance on key business decisions.
• Hiring qualified internal audit staff and encouraging the professional development, certification, and training of supervised employees.
• Staying up to date with the latest auditing techniques, regulations, and industry standards.
• Ensuring compliance with laws, regulations, and company policies.
• Providing leadership of assigned team, lead efforts in recruitment, interviewing, and training employees.
• Coordinating interdepartmental goals to ensure alignment with company goals and vision.
• Coaching and providing ongoing performance feedback to employees, setting realistic and measurable performance goals.
• Maintaining confidentiality and security of sensitive information.
• Adhering to all corporate policies and procedures, Federal and State regulations, and laws.
• Completing all mandatory annual compliance training.
• Following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC.
• Performing other duties and special projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees