Director, Internal Audit

$175,000 - $225,000/Yr

Clear Street - New York, NY

Full-time - Senior

New York, NY

About the position

The Director of Internal Audit at Clear Street is a senior-level position responsible for establishing and overseeing the internal audit function across all business areas and corporate functions. This role involves designing and managing the audit program to ensure compliance with policies and regulations, identifying control gaps, and providing strategic advice to leadership. The position offers significant opportunities for leadership and influence in shaping internal audit practices as the company grows.

Responsibilities

• Design and manage the audit program with input from executive leadership and risk assessments.
• Develop a cohesive approach to maintain sound practices and operational efficiencies.
• Oversee audits across the firm, including risk assessment and execution of the audit plan.
• Collaborate with teams to ensure appropriate coverage in process reviews.
• Establish criteria for fact-finding meetings and interviews with stakeholders.
• Advise leadership on managing the audit portfolio and identifying operational efficiencies.
• Identify potential risks and controls, leading the development of audit scope and work programs.
• Evaluate the effectiveness of internal controls and identify weaknesses.
• Lead various projects and division initiatives as needed.
• Deliver audit reports that meet objectives and regulatory requirements.

Requirements

• At least ten years of professional experience, with five years in an Internal Audit function within a global financial services firm.
• Minimum bachelor's degree; advanced degree and/or certification (CPA, MBA, etc.) preferred.
• Deep experience in prime brokerage, securities lending, and broker-dealer businesses.
• Comprehensive understanding of financial products including Equities, Fixed Income, Derivatives, and Futures.
• Experience across multiple functions including Finance, Operations, Compliance, IT/Engineering, Risk, and Cyber Security.
• Excellent analytical skills for assessing internal control weaknesses.
• Strong relationship-building skills and ability to partner with stakeholders.
• Excellent verbal and written communication skills, with strong presentation abilities.
• Proven ability to multitask and adapt priorities.

Nice-to-haves

• Experience with SOX compliance.
• Experience in a hybrid audit model.

Benefits

• 401(k) matching
• Dental insurance
• Health insurance
• Parental leave
• Vision insurance