VP Internal Audit IT - Credit One Bank

Position Summary

The Director, IT Audit is responsible for leading a team in the development and management of risk-based, outcome-focused audit programs across our information technology (infrastructure, data governance and management) and information security programs.

Essential Job Functions:

• Direct and supervise banking audits from inception to completion including planning, testing, issue identification, workpaper review and audit reporting.
• Provide support, coaching and feedback to audit team including external consultants, as applicable, and assign responsibilities appropriately.
• Manage audit teams to execute high quality reviews within a prescribed timeframe.
• Determine scope of audit engagements based on risk-based approach.
• Issue audit reports with clear and value-added messages, identifying root causes and remediation recommendations.
• Participate in quarterly and annual continuous monitoring activities of assigned auditable entities, risk assessment process to accurately document the risk profile and identify key regulatory requirements, third-party vendors, models, information security and cyber, and IT systems/applications, among others.
• Track and validate closure of issues raised by the department and regulators.
• As needed, assist with the delivery and execution of Internal Audit’s broader audit plan and assurance responsibilities. Effectively communicate with stakeholders and audit senior management to clearly articulate audit strategy, testing results and corrective measures. In addition, actively participate in executive management meetings and/or committee meetings, as requested.
• Develop, promote, and maintain a collaborative and strong working relationship with management, external auditors and partners, and regulators.

Position Requirements:

• Minimum of 10 years of internal audit experience in the banking and financial industry.
• Bachelor’s degree in accounting, management information systems, or a related field, with in-depth IT Audit knowledge.
• 4+ years people management experience.
• Knowledge of internal control standards or frameworks (IIA Standard/ COSO Framework) or other frameworks such as ISO27001, NIST, COBIT, FFEIC CAT etc.
• CIA, CFE, CISA, CISSP is a requirement. Understanding of bank products, regulatory requirements, and IT risk frameworks.
• Preferred subject matter expertise in Digital Banking/Consumer Banking (personal loans, deposits, and credit cards), Information security and cyber, IT applications and controls, cloud platforms, mobile app.