Audit Team Lead

Job Description:Audit Team Lead

As a critical contributor, the Audit Team Lead is essential for offering impartial and risk-targeted internal audit reassurance and consultation facilities. This position involves acquiring specialized proficiency in finance, risk assessment, and internal administration, while assisting in managing associations with business segments and consistent risk evaluation. The Audit Manager validates that all audit obligations conform to professional benchmarks, ethical codes, and corporate mandates.

Benefits:

• Eligible teammates working 20+ hours per week may receive:
• Coverage for healthcare, dental care, and vision services
• Safeguarding against life and disability risks
• In the unfortunate event of accidental death, AD&D insurance pays out a lump sum to the designated beneficiary or beneficiaries of the policyholder
• Tax-preferred savings accounts
• 401(k) plan
• A prorated allocation of at least 10 days for vacation time is provided
• Prorated allocation of 10 sick days
• Paid holidays

Primary Duties and Responsibilities:

• Lead the management of large and complex audit initiatives, which entails stages like outlining the approach, setting the boundaries, crafting testing protocols, and coordinating the utilization of team resources effectively.
• Supervise the conduction of audit fieldwork to guarantee timeliness, budget adherence, and alignment with internal quality benchmarks.
• Establish and communicate transparent standards for quality, accuracy, and coherence in documentation across all allocated audit tasks.
• Analyzing process documentation allows for the evaluation of internal controls, operational effectiveness, and efficiency within business operations.
• Generate audit reports supported by the organization's risk tolerance framework and discuss findings with senior executives.
• Serve as a knowledgeable source on running business operations, meeting regulatory demands, and exploring specific audit fields.
• Employ advanced knowledge in risk management to evaluate the significance of audit findings, potential exposures, materiality considerations, and broader impacts on the organization.
• Furnish leadership to junior auditors by giving guidance, coaching, and growth opportunities, including providing feedback on performance and setting explicit expectations.
• Establish and sustain strong working partnerships with assigned business divisions and contribute to the evaluation of associated risk profiles for correct audit inclusion.
• Be actively involved in important business projects, endeavors, and dialogues to stay informed about emerging risks, business evolutions, and regulatory advancements.
• Efficiently manage various concurrent tasks and audit assignments by upholding accuracy, prioritizing effectively, and exercising professional judgment.
• Develop a deeper understanding of auditing methodologies, data analytics applications, emerging tech innovations, and the most relevant industry standards.
• Encourage the incorporation of inventive audit tools, methodologies, and analytical strategies to enhance the effectiveness and efficiency of audits.
• Support Audit Directors by playing a role in annual planning, arranging audits, and analyzing risks.
• Stay abreast of industry trends, regulatory revisions, and specialized technical innovations that are significant for auditing activities.

Qualifications:

Required Qualifications:

• Completion of a Bachelor's program focusing on Accounting, Business, or a closely related subject (or an equal mix of educational achievement and practical application).
• The desired candidate will have 8-10 years of experience in internal or external auditing, with a specific emphasis on roles that involved leading projects or managing teams.
• Comprehensive knowledge of audit fundamentals, internal monitoring protocols, and methods for addressing risks.
• Solid comprehension of the workings of banking and financial services.
• Advanced comprehension of technology, cybersecurity, IT infrastructure, and IT service management principles.
• Expertise in IT General Controls (ITGCs), Information Technology Application Controls (ITACs), SDLC, and significant control standards (COSO, COBIT, NIST, SOX, PCI DSS) is required.
• Proved leadership capabilities by demonstrating strong decision-making skills.
• Impressive competencies in assessing data, collaborating with others, fostering dialogue, and addressing challenges.
• Skillful at presenting complex concepts with clarity through strong written and verbal communication proficiency.
• Proven proficiency in recognizing primary sources and articulating potential hazards effectively.
• Proficiency with standard audit tools and Microsoft Office software suite.
• Strong project management capabilities and adeptness in handling various competing priorities.
• A valid professional certification (like CIA, CISA, CPA, etc.) is necessary.

Preferred Qualifications:

• Pursuing higher education with a degree like an MBA, MS Accounting, or MS Information Systems.
• Proficiency in Truist Audit Services tools and industry-specific software is necessary.
• Securing a CISSP or an analogous cybersecurity certification demonstrates expertise and commitment to the field.
• Proficiency in cybersecurity, IT risk, or technology governance is highly sought after by organizations looking to protect their digital assets.
• Well-versed in operating under the stringent regulations of the financial services sector.
• Proficient delivery methods suitable for senior and executive level presentations.
• Skill in maneuvering through various technical realms such as Cybersecurity, Infrastructure, IT Risk, and Technology Governance

Equal Opportunity Statement:

Truist is a staunch advocate of equal opportunities in employment, refraining from prejudicial treatment based on race, gender, color, religion, national origin, citizenship, age, sexual orientation, gender identity, disability, veteran status, or any legally safeguarded characteristic. Truist reiterates its commitment to providing a workplace that is inclusive and free from discrimination. Truist actively enforces its status as a Drug-Free Workplace to guarantee a safe and healthy environment for all employees without prejudice or bias.

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