Job Summary
The Audit Director plays a crucial role in assuring the financial integrity and operational effectiveness of the bank, working closely with senior management and overseeing a team of audit professionals. This leader applies critical thinking to identify key risks and provide value-added feedback that can lead to risk reduction. The Director cultivates a positive and ethical work environment and encourages the professional development of the team.
Position Title
Director - Internal Audit
Location
Hicksville, NY 11801
Job Responsibilities
- Assisting in the identification and maintenance of the Audit Universe, conducting risk assessments, and executing the annual audit plan for the assigned area(s).
- Overseeing scoping decisions, audit opinions, and issue identification, severity, and remediation tracking.
- Managing or leading auditors-in-charge (AICs) executing audits within the book of business to ensure proper, consistent workpaper quality and adherence to internal audit methodology.
- Maintaining relationships with senior management and attending executive management committee meetings, steering committees, and working groups as appropriate.
- Specifically responsible for reviewing and approving scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle; drafting audit opinions and reports; reviewing and approving compliance workpapers; drafting validation reports; and conducting annual, skills, and continuous monitoring assessments.
- Maintaining SME designations and/or certifications as applicable.
- Handling talent management functions, including employment, performance evaluations, staff development/training, disciplinary actions, succession planning, and ensuring staff comply with compliance requirements.
Additional Accountabilities
- Performing special projects and additional duties as required.
- Consistently adhering to regulatory and compliance policies and completing required training; maintaining compliance with applicable federal, state, and local laws and regulations.
Job Requirements
Required Qualifications
- Undergraduate degree (4 years) in Accounting, Finance, Business Administration, or a related field.
- 12+ years of progressive audit or risk‑management experience, including experience in the financial services industry, preferably with a large financial services firm.
- Five or more years in a managerial role.
Preferred Qualifications
- Master’s degree or postgraduate equivalent in Accounting, Finance, Business Administration, or a related field.
- Previous experience with a public accounting or risk advisory firm.
- Professional certifications such as CIA, CPA, CISA, CRCM, or CFE.
Job Competencies
- Comprehensive knowledge of laws and regulations affecting financial institutions.
- Strong knowledge of internal audit best practices and industry standards.
- Superior oral and written communication, comfortable making presentations to executives, professional groups, external auditors, and regulators.
- Excellent quantitative and analytical skills with meticulous attention to detail.
- Collaborative and takes ownership to ensure the quality of the audit team’s product and success.
- Ability to influence and effect change, serving as a trusted advisor.
- Demonstrates strong relationship‑building skills with stakeholders, aligning efforts with enterprise goals to accelerate performance and drive strategic results.
- Builds trusted client relationships, internal or external, by identifying needs and delivering tailored solutions to enhance client experience.
- Fosters a positive work culture and productive environment, emphasizing effective stakeholder relationships.
- Proactive thought process, anticipating potential risks ahead of business decisions.
- Strong project management skills, capable of prioritizing multiple demands.
- Shows business acumen and judgment, resolving and communicating key issues at all levels.
- Travel requirements: up to 10%.
- Physical demands (ADA): No unusual physical exertion is involved.
Equal Opportunity Employer
Flagstar is an Equal Opportunity Employer.
Pay Range
$143,622.00 - $252,500.00
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