Senior Managing Director for Corporate Functions, Head of Audit Practices and Operations

AIG • New York, NY

1d • Onsite

About The Position

The Senior Managing Director for Corporate Functions and Head of Audit Practices and Operations is a critical leadership role within the Internal Audit Group at AIG. Reporting directly to the Chief Auditor, this role is responsible for designing and executing a comprehensive audit coverage strategy for all Corporate Functions globally, including Enterprise Risk Management, Legal, Compliance, Chief Administrative Office, Human Resources, Marketing, and Communications. Additionally, as Head of Audit Practices and Operations, the incumbent will support the Chief Auditor in managing the operations and strategic initiatives of the Internal Audit function, encompassing Audit Methodology, Quality Assurance, Strategic Planning, Reporting, Cost Management, and Learning and Development. The objective is to drive innovation, operational excellence, and continuous improvement across a globally diverse team. AIG is a global leader in commercial and personal insurance solutions, committed to fostering a culture of inclusion and investing in its employees through continuous learning and development.

Requirements

• Bachelor’s degree in Accounting, Finance or business-related field.
• 15+ years of progressive audit experience in Insurance and/or financial services industry, preferably with a large public traded financial services firm, with strong strategic and operational management skills.
• Experience in leading global audit coverage strategy for Enterprise Risk Management, including Third Party Risk Management, in Insurance and/or Financial Services industry.
• Three or more years of experience in leading managers, including team development and performance management.
• Experience in leading a geographically dispersed internal audit team.
• Critical thinking and strong analytical and project management skills, with the ability to prioritize multiple priorities, offer pragmatic solutions, make decisions independently, and drive to impactful results in a complex global environment.
• Excellent communication and relationship management skills, with the ability to influence and effect change at senior levels.
• Professional certifications such as CPA and/or CIA.
• Strong broad-based knowledge of internal audit industry standards and best practices.
• Proficient in making presentations to executives, Audit Committee, audit professionals, external auditors and regulators.
• Possess business acumen and technical skills with ability to resolve and communicate key issues at senior levels; be viewed as a credible advisor.
• Proactive thought process, with an ability to foresee potential risks.
• Comfortable building relationships and able to coach, motivate and inspire both junior and senior staff.
• Strong working knowledge of MS Office, Excel, Word, Access and PowerPoint.

Nice To Haves

• Advanced degree preferred

Responsibilities

• Apply critical thinking to globally lead the full audit lifecycle (risk assessment, planning and scoping decisions, testing, issue closure validation, audit opinion and reporting) for a portfolio of audit engagements across Corporate Functions to understand the stakeholder’s business, systems, operating strategy and critical processes.
• Engage effectively with a broad range of executive and senior level internal stakeholders to ensure audit coverage is focused on key risks and controls.
• Represent Internal Audit Group in relevant steering groups, providing a proactive risk view and insights to add value while maintaining independence.
• Stay abreast of internal and external changes in Corporate Functions and risk environments while leading and directing a team of highly experienced and qualified professional auditors.
• Communicate results of audits/projects to the executive leadership team.
• Ensure that audit results reflect value-added recommendations, process improvements, ways to strengthen internal controls and compliance with company policies and procedures, and assessments of business objectives and results.
• Serve as escalation point with stakeholders throughout the audit lifecycle.
• Assist the Chief Auditor in developing and executing the strategic plan for operational excellence and continuous improvements in Internal Audit Group, ensuring alignment with AIG’s strategy and priorities.
• Set strategy for and monitor the operations of Internal Audit Group, including efficient resource management, project management, cost management, and key performance indicators.
• Proactively and continuously learn, develop, and introduce improved ways of doing things, both to stakeholders in development of solutions to problems, as well as to IAG practices (e.g. the use of data analytics, automation, and Agile audit methodology).
• Identify emerging trends, tools and best practices.
• Interact with regulators for regulatory examinations, status updates and other queries, as needed.
• Provide guidance and direction for audit staff in developing knowledge of business processes and audit methodology, and enthusiastically facilitate knowledge exchange/transfer to further the development of the wider IAG team.
• Contribute to AIG’s talent pipeline by conducting skills assessment, providing coaching and stretch assignments, and building bench strength and successors at all levels.

Benefits

• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Competitive benefits through a Total Rewards Program, a comprehensive benefits package focused on health, wellbeing and financial security, as well as professional development.
• Continuous learning and development.
• Volunteer Time Off.
• Matching Grants Programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees