INTERNAL AUDIT DIRECTOR, IT & BANK OPERATIONS

Company: Old National Bank
Location: Evansville
Posted on: March 19, 2023

Job Description:

Overview
Old National Bank is honored to be named one of the World's Most Ethical Companies for the 11th consecutive year! -
Old National Bank was established in 1834. Today, we are the largest financial services holding company with dual headquarters in Chicago and Evansville, IN. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company. -
The Audit Director is responsible for the leadership of the assigned Internal Audit team including the management, oversight, and execution of audit plans in accordance with Internal Audit standards, relevant government statutes and regulations, and Company policies. The Audit Director maintains business contact through fieldwork and oversight of audit plans and coaches and develops the assigned Internal Auditors on audit excellence, including the theory and application of audit and/or business techniques.
Key Accountabilities
Oversight and Execution of multiple, con-current, moderate to highly complex internal audits for assigned business segments. - - -

• 
  
• Maintains a thorough understanding of financial services (including utilization of technology, products, organizational activities, and delivery of systems) and applies this knowledge to strategize, plan and implement audit activities for assigned business areas.
  
• Draws upon industry knowledge and expertise to foster effective relationships with business unit management and develop the audit team.
  
• Provides strategic leadership to team through application of advanced competencies in technical skills, logical reasoning and overall audit proficiency.
  
• Guides audit team through engagement and ensures timely, high quality audit reports and findings, and facilitates issue resolution.
  
• Effectively summarizes and communicates audit progress and findings to various levels of management, both live and in written materials.
  
• Supervises and coaches audit staff as part of the internal audit review including the oversight of field work, reviewing and challenging the testing and work papers prepared by audit staff, and review of post-audit follow-up to appraise adequacy of corrective action taken to address audit recommendations.
  
• Continuously assesses and manages significant/pervasive risks to the successful completion of audit projects and/or departmental objectives.
  
• Anticipates challenges which may impact Internal Audit's and the Company's success, understands the critical risks and issues, including root causes, and creatively provides input to mitigate these risks/issues.
  
  Leads, coaches, and develops an assigned Internal Audit team.
  
  • 
    
  • Shares business expertise with audit team to ensure that decisions pertaining to the nature, timing and extent of audit work are appropriate and that the skill sets of the team are continually enhanced.
    
  • Improves and reinforces the performance of others by providing timely, candid, and constructive performance feedback; facilitates skill development through coaching.
    
  • Communicates clear expectations, monitors and measures progress and results, rewards and recognizes success, deals with problem performance; promotes a culture of mentoring and knowledge transference to enhance the performance of the entire team.
    
  • Drives a rewarding associate experience and facilitates the learning, growth and performance of each team member through effective on-going development discussions, support of individual development planning, and career exploration.
    
    Serve as a key resource in the execution of audit work for business segment leaders, Chief Audit Executive and Ethics Officer, and Risk Management
    
    • 
      
    • Conducts a comprehensive organizational review at the strategic level to identify business risks, internal control issues and efficiency recommendations.
      
    • Assists the Chief Audit Executive with the organizational risk assessment and development of annual audit plan.
      
    • Leads development of strategy for ensuring assigned business areas receive high quality, timely, risk focused effective audit services.
      
    • Applies an in-depth understanding of the inter-relationships of business and support units throughout the company and how they impact the overall control environment and the audit approach.
      
    • Uses excellent communication skills in order to influence a wide range of internal audiences including respective segment or function leaders. May negotiate internally at higher levels on matters which will have a major impact on the area managed.
      
    • Proactively advances integrated auditing concepts and closely follows latest trends in field and adapts them for application within own job and the business.
      
    • May participate in major business initiatives and pro-actively advises and assists the business on change initiatives.
      
    • Proposes creative and pragmatic solutions for risk and control problems.
      
    • Partners with business unit management to develop approaches for addressing broader corporate emerging issues.
      
      Qualifications and Education Requirements
      
      • 
        
      • Bachelor's Degree in Business, Finance, Accounting, Law or related field.
        
      • Background in financial services with external or internal audit experience or financial institutions regulatory experience.
        
      • Professional certification (CPA, CIA, CISA, CRCM, etc.) or advanced degree.
        
      • 10+ years relevant experience in banking combined with operations, compliance, audit, lending or relevant business experience.
        
      • Knowledge of applicable banking regulations and regulatory guidance; experience with OCC large bank examinations.
        
      • Highly proficient in auditing/examination techniques.
        
      • Ability to interact with business leaders, all levels of staff, and colleagues in a professional fashion. -
        
      • Required competency with Microsoft Office Suite and internal audit applications such as Team Mate or Audit Board.
        
        -Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. -
        As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. -
        We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position

Keywords: Old National Bank, Evansville , INTERNAL AUDIT DIRECTOR, IT & BANK OPERATIONS, Executive , Evansville, Indiana