IT Associate Audit Director

Western Alliance BankNovi, MI
259d

About The Position

As an IT Associate Audit Director you'll plan, oversee and report on various audits in your assigned coverage areas, supporting the execution of department's annual audit plan. You'll also assist in the annual risk assessment and related quarterly continuous monitoring that supports the risk assessment. You'll lead all assigned audits and ensure timely wrap-up and completion per the audit plan. You'll evaluate processes and internal controls for adherence to bank policies and procedures, and compliance with federal and state banking regulations. You'll interact with and proactively inform senior leadership of audit results and related risk. You'll complete root cause analysis for identified issues to focus on strengthening and improving controls. You'll report to a IT Audit Director or Senior Audit Director; however, you'll have the opportunity of working with our audit leaders across the department, as many of our audits are integrated with the finance, banking operations, credit administration, risk management and compliance audit teams. Also you'll assist in attracting, hiring, and retaining a team of high-performing audit professionals. With the assistance of the IT Audit Supervisor(s), you'll oversee day-to-day activities of the audit team. Works with other audit teams for effective utilization of all staff for completion of the overall audit plan. You'll be responsible for ongoing coaching, training, development and motivation of your audit team. Your position promotes risk awareness in the enterprise through a positive and collaborative relationship with department heads, business leadership, and staff. In addition to audit execution, you'll meet regularly with department heads and business leaders to discuss audits, assess risks, evaluate issue remediation progress, provide feedback and gather insights on business activities. Support the IT Audit Director or Senior Audit Director in completing the annual risk assessment and development of the resulting audit plan. Prepare a comprehensive risk-based, multi-year plan of audit coverage for assigned area, ensuring audits are within cycle and logically budgeted/resourced. Lead execution of the assigned area of the audit plan, appropriately leveraging and delegating to the IT Audit Supervisor(s). Ensure key risks and all critical plan inputs are considered for audits within assigned area. Oversee the completion of all phases and wrap-up of the assigned audit areas utilizing the audit software (Wdesk/Workiva) while reviewing and providing feedback to the audit team over critical planning and testing approach documentation. As needed, discuss scope and approach with other department leadership to ensure appropriate audit coverage. Review the IT Audit Supervisor's' work along with review of higher risk controls and related exceptions to ensure compliance with stated requirements and objectives, IIA standards and audit methodology. Provide guidance, coaching and clear feedback to audit team, ensuring resolution of all review notes prior to audit wrap-up. Incorporate data analytics into various assigned audits. Clarify and clear review notes provided by the IT Audit Director or Senior Audit Director. Complete hours analysis for overall audit and performs final quality assessment of organization and documentation for completeness and compliance with audit methodology. Draft and present audit reports that clearly communicate risks and issues to IT Audit Director or Senior Audit Director and department leadership team for approval. Proactively work with management to create effective management action plans in a timely manner. Attend monthly meetings with management to monitor status of open audit issues, understand progress, and provide constructive feedback toward closure. Ensure delays or needed extensions are appropriately escalated and addressed per audit methodology. Actively monitor issue deadlines, implementations and closures, assigning test of validation work based on workload balance and expertise. Follow up on disposition of exceptions noted during audits, including internal, external and regulatory examination reports. Provide ad-hoc reports and status updates to supervisors. Comply with department annual training requirements and proactively draft and discuss performance goals with IT Audit Director or Senior Audit Director. Attend and/or leads team, peer and one-on-one meetings. Own and complete department initiatives focused on audit methodologies and supporting technology based solutions as applicable. Lead and develop a team; responsible for hiring, coaching, performance management, training and development.

Requirements

  • 8+ years of related experience in Internal Audit, Risk Management, Regulatory Compliance, or similar field.
  • Bachelor's degree in related field required.
  • Previous leadership experience required.
  • Intermediate to advanced experience and knowledge in assigned internal audit area.
  • Intermediate to advanced ability to deal with complex problems.
  • Ability to define problems, collect data, establish facts and draw valid conclusions.
  • Intermediate to advanced knowledge of internal control analysis and risk assessment methodologies.
  • Intermediate to advanced time management and organizational skills.
  • Advanced speaking and writing communication skills.
  • Certified Information Systems Security Professional or Certified Information Systems Auditor required.
  • Occasional travel required.

Responsibilities

  • Plan, oversee and report on various audits in assigned coverage areas.
  • Assist in the annual risk assessment and related quarterly continuous monitoring.
  • Lead all assigned audits and ensure timely wrap-up and completion per the audit plan.
  • Evaluate processes and internal controls for adherence to bank policies and procedures.
  • Interact with and proactively inform senior leadership of audit results and related risk.
  • Complete root cause analysis for identified issues.
  • Assist in attracting, hiring, and retaining a team of high-performing audit professionals.
  • Oversee day-to-day activities of the audit team.
  • Promote risk awareness in the enterprise through collaboration with department heads.
  • Prepare a comprehensive risk-based, multi-year plan of audit coverage.
  • Lead execution of the assigned area of the audit plan.
  • Oversee the completion of all phases and wrap-up of the assigned audit areas.
  • Review the IT Audit Supervisor's work and higher risk controls.
  • Incorporate data analytics into various assigned audits.
  • Draft and present audit reports to IT Audit Director or Senior Audit Director.
  • Proactively work with management to create effective management action plans.
  • Attend monthly meetings with management to monitor status of open audit issues.
  • Actively monitor issue deadlines, implementations and closures.
  • Provide ad-hoc reports and status updates to supervisors.
  • Comply with department annual training requirements.

Benefits

  • Competitive salaries
  • Ownership stake in the company
  • Medical and dental insurance
  • Time off
  • Great 401k matching program
  • Tuition assistance program
  • Employee volunteer program
  • Wellness program

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Credit Intermediation and Related Activities

Education Level

Bachelor's degree

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service