Director - Internal Audit

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 of the bank and overseeing a team of audit professionals. This role is a leader in the company applying critical thinking to identify key risks and value-added feedback that can lead to risk reduction in the company. This key leader also cultivates a positive and ethical work environment and encourages the professional development of the team.

The Director of Internal Audit serves as the "Engagement Owner" (EO) responsible for overseeing a select book of business. Oversees and directs the execution of audits to ensure operational efficiency in fieldwork, consistency of methodology, and proper documentation of workpapers. Works closely with the Senior Audit Leadership team assisting in strategic initiatives within the Internal Audit Department. Serves as a key contributor with respect to the long term strategy, value proposition, continued growth, and success of the Audit Department providing both leadership and management for key functions within the Internal Audit Practice. Participates in FSB Committees as relevant, providing a proactive risk view to add value making while maintaining independence. Interactions frequently involve special skills such as preparing and making presentations to senior management regarding key issues and matters of significance to the organization. Has leading role in communications and presentations with regulators and external stakeholders.

Pay Range : $165,621 - $251,744 - $337,867

Job Responsibilities :

• Assisting in the identification and maintenance of the Audit Universe, conducting Risk Assessments, and effective execution of the annual Audit Plan for their select area(s).
• Responsible for overseeing scoping decisions, audit opinions, and issue identification, severity, and remediation tracking validation.
• Manages or otherwise leads AICs (auditors-in-charge) executing audits within their select book of business, to include ensuring proper, consistent workpaper quality and overall adherence to IA methodology.
• Maintains relationship with management level leaders within select book of business. May attend as secondary (or Head of Internal Audit delegate) executive management committee meetings, steering committees, and working groups, as applicable / necessary
• Specifically responsible for the following for their book of business (to include but not limited to) :

Reviewing / approving scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation)

ADDITIONAL ACCOUNTABILITIES

JOB REQUIREMENTS

Required Qualifications :

The minimum education and experience required complete each bullet point below. Items in this section must be objective, relevant, and clearly identifiable. Applicants who do not meet these criteria will not be considered.

Preferred Qualifications :

Additional qualifications the hiring team would prefer an applicant to have.

Job Competencies :

List the knowledge, skills and abilities required to perform the essential functions of the job. These should be related to the requirements above, but may not be easily determined from a resume review (i.e. intermediate excel proficiency, strong financial acumen, detail oriented, etc.)

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information : Benefits | Flagstar Bank