Director, Internal Audit - Full Time

Annual SalaryRange (based on experience): $130K+

This is a HYBRID role! We need locals who are available to work onsite at least two days per week

Job Description

We are looking for a financial services audit leader to join our clients Internal Audit leadership team and manage audits focused on Bank Services, Customer-Facing Products and Services, Operations, and the First Line of Defense. This is a vital role both for our client and the Internal Audit team specifically. Our client is exploring new services and solutions to help families confidently navigate to, through, and immediately after college. This individual will partner with business leaders to audit these new areas. In addition, Internal Audit is undergoing a transformation as we expand and mature the team, and this leader will be instrumental in that process.

Overall, this is a unique opportunity to join the leading private student loan provider and a growing, people-focused Internal Audit team. The Director II, Internal Audit reports to the Deputy Chief Audit Officer of our clients and has significant exposure and interaction with executive and senior management in key lines of business. They oversee audits for individual business units and/or support functions, and direct pre-implementation and post implementation reviews. In addition, the Director, as a member of the Internal Audit Leadership Team, plays an important role in establishing and implementing audit policies and procedures in conformance with the Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing, guiding the vision and strategies of the organization, and enhancing the profile of Internal Audit within our clients broadly.

As the Director II,

• you will have 8+ years of experience in private or public sector audit within financial services, specifically the key business areas that this role encompasses.
• You will also have experience leading teams through periods of significant change and working in dynamic environments.
• You will have a passion for excellence and coaching and developing individual team members.
• Finally, you’ll embody the ideals of Sallie Mae Internal Audit: Critical Thinkers, Effective Challengers, Enthusiastic Learners, Insightful Risk Advisors, and Good Colleagues.

What you will be doing:

• Audit Team Leadership
• Provide oversight and guidance for the planning, fieldwork/execution, and reporting/wrap up of Internal Audits and targeted reviews
• Develop a risk-based audit plan and participate in annual/quarterly risk discussions
• Provide expertise in auditing standards and requirements
• Work effectively in teams to manage the efforts of internal auditors and co-source providers, including scheduling and deployment of resources, updating and communicating changes to the audit plan, and development and responsibility for the corresponding budget
• Review and approve key audit documents (i.e. Audit Report, Planning Memo, and Risk and Control Matrix)
• Provide quality service to stakeholders in an engaging manner, which include building strong relationships with senior management throughout the organization and demonstrating knowledge of business risk and processes
• Identify opportunities for continuous auditing (CA). Provide oversight to the Audit and Data Analytics teams during development, implementation, and execution of CA projects. 60% ·
• Collaborate with Audit Leadership team and Audit Management to manage the function and continuously improve processes, tools and staff
• Engage with Senior leaders and Process owners in the respective business areas at Sallie Mae, share audit insights and perspectives, and become a trusted advisor
• Actively participate in regular project meetings to understand, assess, and communicate risks including escalation to Executive Management and the Audit Committee as applicable.
• Provide pro-active real-time feedback on the design and implementation of controls critical to ensuring the Company’s compliance with applicable laws and regulations.
• Evaluate strategy and suggest investments that support the mission, vision and goals of the department 25% ·
• Team Management and Development ·
• Manage, recruit, coach, and develop a professional audit staff with sufficient knowledge, skills, experience, and professional certifications to meet the needs of the Internal Audit department ·
• Monitor performance of managers, auditors, and senior auditors and provide feedback on a regular basis and through our performance management process 10% · Risk Management and Assessment ·
• Contribute to annual and quarterly risk assessment and audit plan development ·
• Monitor internal and external risks and events to ensure audit coverage remains relevant, dynamic, aligned and focused ·
• Update audit universe, conduct formal risk assessment, participate in risk refresh exercises, and create/review/change audit plan 5%

If that’s you, let’s talk!

What’s in it for you?!

• Tremendous career advancement opportunities!
• Fitness Centers/Gym Subsidies and fitness trackers!
• Health and wellness programs!
• 401k company match!
• Employee stock purchase plan!
• Basic life insurance!
• Very generous PTO plus 14 paid holidays!
• PTO for volunteer work you are passionate about!
• Comprehensive benefits package with dental and vision!
• Pet Insurance!
• Flexible spending accounts!
• New Parents get 12 weeks of 100% PTO, for birth or adoption!
• Tuition reimbursement!