Audit Deputy Director

First Horizon Corp.; Memphis (TN); On-site; USD 180,000 - 280,000; Full time

Job summary

First Horizon Corp. is seeking an Audit Director to assist the CAE in overseeing the Internal Audit Department and its independent review program. You will lead audit managers and a team of auditors, shaping the annual audit plan and ensuring high-quality audit reports.

You will build relationships with executive management and the Audit Committee, supervise staff development, and coach auditors while advancing risk-based auditing across the organization.

Qualifications

• Bachelor's degree required; advanced degree preferred.
• 10+ years of progressively responsible experience in public accounting and/or internal auditing, including 7 years of direct management experience.
• 4+ years recent experience as a senior level auditor or regulator at a bank with assets >$100B.
• Expert knowledge of auditing principles and practices.
• Strong understanding of credit risk management is preferred.
• Excellent written and verbal communication skills, including public speaking.
• Demonstrated impact with broad industry knowledge and risks.
• Robust understanding of internal audit working papers and risk/control identification.
• Ability to convey complex risks to a board audience and build consensus.
• Experience working with external stakeholders and regulators.

Responsibilities

• Provide people management leadership by hiring, mentoring, staff development, and performance actions.
• Establish and manage resources and budgets.
• Maintain ongoing professional education (CPE).
• Ensure high quality audit reports and communications.
• Oversee staff supervision and development.
• Foster relationships with executive management and senior managers; facilitate communication and influence change.
• Identify and evaluate risk areas; contribute to the annual Audit Plan.
• Direct audit procedures, define issues, develop criteria, review evidence, document processes.
• Participate as a non-voting member on Company Committees and Working Groups.

Skills

People management

Communication skills

Risk-based auditing

Board-facing communication

Microsoft Office

TeamMate+

Education

Bachelor's degree

Advanced degree preferred

Tools

TeamMate+

Job description

Audit Director is responsible for assisting the CAE in overseeing the Company’s independent, objective review function (Internal Audit Department) established to examine and evaluate the Company’s system of internal controls.The Audit Director leads multiple audit managers who in turn lead a team of auditors. The duties include directing a comprehensive audit program of operational and financial audit projects; providing consulting services to the organization’s management and staff; providing direction for development of the Annual Audit Plan; and providing ongoing training, coaching and supervision to Internal Audit staff.The Audit Director is expected to periodically communicate with members of the Audit Committee regarding the effectiveness of the Company’s control environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Provides people management leadership by hiring quality talent, setting goals, developing and mentoring staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required.
• Establish and manage resource levels and financial budget with the plan and use expenses consistent with the established goals and approved amounts
• Sustain professional and technical knowledge, as well as expanding knowledge, personal growth, and development through continuing professional education (CPE).
• Responsible for ensuring high quality of audit reports and communications.
• Assist and oversee manager's responsibilities for staff supervision and development.
• Establish and maintain effective working relationships with executive management and senior-level business unit managers, facilitate communications, resolve conflicts, and influence change.
• Directs the identification and evaluation of the organization’s risk areas and contributes to the development of the annual Audit Plan.
• Directs the overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.

• Participate as a non-voting member or standing attendee on assigned Company Committees and Working Groups

SUPERVISORY RESPONSIBILITIES

1.Directly responsible for directing, coordinating, and evaluating designated units or certain personnel in accordance with the organization's policies and applicable laws. Responsibilities may include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; providing pay change recommendations; disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

1. Bachelor (4-year college) degree required and advanced degree preferred.
2. 10+ years progressively responsible experience in public accounting and/or internal auditing including 7 years direct management experience.
3. 4+ years recent experience as a senior level auditor or regulator at a bank with assets greater than $100 Billion.
4. Expert knowledge of auditing principles and practices.
5. In depth understanding of credit risk management including the ability to support loan review leadership as needed is preferred.
6. Excellent written and verbal communication skills, including public speaking ability and positive public presence.
7. Demonstrated meaningful impact using broad and/or deep breath of experience and knowledge of the industry and associated emerging risks.
8. Robust understanding of internal audit working papers and the ability to identify risk and controls and develop and execute testing plans.
9. Sound interpersonal skills with demonstrated ability to collaborate with and influence key stakeholders.
10. Ability to convey complex risks and issues for a board range of audiences clearly and concisely while actively building consensus.
11. Clear understanding of regulatory expectations in the execution of audit work, issue validation, MRA validation, and the response to regulatory inquiries.
12. Strong skills in conflict resolution, auditor’s judgment, risk-based auditing, and sound decision-making.
13. Experience working with external stakeholders, including regulatory agencies and external auditors.

COMPUTER AND OFFICE EQUIPMENT SKILLS

1. Microsoft Office suite
2. TeamMate+ (Preferred)

CERTIFICATES, LICENSES, REGISTRATIONS (Ex: CPA, Series 6 or 7 license, etc.)

Required CPA, CIA, CISA or other relevant certifications or ability to obtain within 24 months of hire.