Director, Internal Audit

$161,365 - $161,365/Yr

Missionsquare Retirement - Washington, DC

Full-time - Senior

Washington, DC

About the position

The Director of Internal Audit at MissionSquare Retirement is responsible for overseeing the internal audit function, including the development and maintenance of an annual audit plan and risk assessment. This role involves planning, managing, and executing audit projects, ensuring compliance with regulatory requirements, and enhancing the effectiveness of the audit department. The director will also be responsible for hiring, training, and developing audit staff, while building relationships with key clients to align with corporate strategies.

Responsibilities

• Assist the Managing Vice President-Internal Audit in managing the internal audit function.
• Develop and maintain an annual audit plan and risk assessment.
• Plan, manage, and execute audit projects.
• Perform quality assurance reviews and ensure compliance with regulatory requirements.
• Hire, train, and develop audit staff.
• Maintain standards set by the Institute of Internal Auditors.
• Build relationships with key clients to address concerns and align with corporate strategies.
• Prepare the annual risk assessment and implement a risk-based audit plan.
• Oversee and/or perform complex audits of higher risk areas.
• Identify key vendors and oversee due diligence reviews.
• Develop and maintain procedures, schedules, and programs to achieve Internal Audit objectives.
• Monitor and review the planning, scheduling, and reporting of audit teams' work.
• Update the assessment of the control environment and communicate significant issues.
• Communicate results of audit findings with senior management.
• Participate in the recruitment and hiring of internal auditors.

Requirements

• 10 years of Internal Audit, risk management, compliance, and/or public accounting experience.
• 5-7 years of technology, security, and/or financial industry experience.
• Bachelor's degree in Accounting or Business.
• Certifications Required: CPA, CIA, CISA.
• Strong understanding of financial statements and regulatory requirements for Mutual Funds or Collective Investment Trusts.
• In-depth knowledge of auditing practices, procedures, and principles.
• Extensive understanding of financial, operational, technology, privacy, market, credit, and legal/regulatory risk.
• Thorough understanding of the COSO and CoBIT frameworks.

Nice-to-haves

• Experience in the Financial Services (Investment Advisors, Fund Management) highly preferred.
• Experience with Financial, Operational, Compliance, and vendor management Audit Procedures.
• Securities Industry or Defined Contribution experience.

Benefits

• Competitive Total Rewards package including 401(k) Plan with matching contributions.
• Varied incentive plans.
• Flexible/Hybrid work schedules.
• Wellness programs.
• Tuition reimbursement.
• Professional and career development courses.
• Mentoring programs.
• Volunteerism program.