VP, Audit bei CENTREVILLE BANK

Description

The VP, Audit plays a crucial role in ensuring the effectiveness and accuracy of the Bank’s internal audit processes. The Director is responsible for the management of the Bank’s internal and external audit process, oversight of audit findings, tracking audit findings to resolution, assessing risk management practices, and ensuring compliance with regulatory requirements. The VP, Audit serves as a key member of the Enterprise Risk Management leadership team, ensuring accountability, and policy compliance across the Bank's operations. This position requires a strong understanding of banking operations, financial systems, and audit methodologies. 

• External Auditor Oversight: Manage the processes for selection and engagement of external auditors, including with respect to audits of strategic partners. Ensure alignment with internal subject matter experts and ensure adequacy of audit scopes. Solicit post-audit feedback. Coordinate and oversee the Bank's FDICIA control testing program.
• Risk Assessment and Planning: Liaison with external auditors to develop and update, on an ongoing basis, the audit risk assessment. In coordination with external auditors develop and manage the annual audit plan based on the audit risk assessment and regulatory requirements.
• Program Oversight: Develop and oversee the execution of the Bank's audit program 1) Internal Control, 2) Compliance 3) Information Security Audits to address risks identified in the audit risk assessment. Develop and/or refine internal audit policies and procedures. Review and analyze audit findings, ensuring thoroughness and accuracy. Stay updated on changes in regulations and industry standards.
• Independence: Uphold professional integrity, objectivity, and independence in all audit activities, ensuring that findings and recommendations are made without bias or undue influence.
• Reporting: Review and present, in conjunction with external auditors, audit reports to the Audit Committee, ensue that reports are highlighting key findings, recommendations, and risk areas. Report on the status of resolution of audit findings.
• Continuous Process Improvement: Evaluate existing processes and controls and recommend improvements to enhance efficiency and effectiveness. Stay updated on emerging trends and best practices in auditing, banking regulations, and risk management.
• Team Management: Lead and mentor the audit team, providing guidance, training, and support to ensure high-quality audit work and professional development. Assign internal audits to audit staff. Operate effectively in a fast-growing community bank environment with a mix of traditional banking, fintech partnerships, and a mortgage subsidiary.
• Coordination: Collaborate with various departments and external auditors to facilitate smooth audit processes and address audit-related issues. Coordinate audit timelines and communications with auditees.

Requirements

• Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Experience: Minimum of 10 years of experience in auditing, with at least 2 years in a managerial role. Strong knowledge of audit methodologies, risk management, and regulatory requirements. Experience in banking or financial services is highly desirable.
• Certifications: Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent professional certification is highly preferred.
• Soft skills: Effective communication and presentation skills, with the ability to interact with senior management and stakeholders.
• Technical Proficiency: Proficient in audit software, data analytics tools, and Microsoft Office Suite (Excel, Word, PowerPoint)