Director, Compliance Audit & Risk Advisory

Digital Federal Credit Union; Chelmsford (MA); Hybrid; USD 164,000 - 197,000; Full time

Benefits offered by this job

Medical coverage

401(k) match

PTO

Job summary

Digital Federal Credit Union in the United States seeks a Director, Internal Audit - Compliance to lead a portfolio of risk-based compliance audits and advisory activities across regulatory risk management, governance, and control effectiveness.

The role engages executive leadership, ensures audit independence, evaluates CMS programs, tracks regulatory changes, and mentors the audit team in a dynamic, hybrid work environment across multiple office locations.

Qualifications

• 8+ years of regulatory compliance risk within financial services.
• 4+ years of experience leading a diverse team including hiring, coaching and performance management.
• Strong knowledge of CMS, including regulatory change management, policies and procedures, training, monitoring and testing, complaint management, issue management, and governance practices.
• Experience evaluating compliance control design, effectiveness, and execution across complex business processes.
• Ability to assess the effectiveness of first- and second-line compliance oversight programs.
• Strong understanding of Internal Audit standards, methodologies, and regulatory expectations.
• Bachelor’s degree in field relevant to role (or 4 additional years of relevant experience); advanced degree preferred.

Responsibilities

• Lead a portfolio of risk-based compliance audit and advisory engagements, ensuring timely execution, consistent methodology application, and high-quality deliverables.
• Oversee audit planning, risk assessments, scoping decisions, testing strategies, audit conclusions, and reporting activities across compliance-related audit engagements.
• Review and approve audit findings, issue severity ratings, root cause assessments, remediation plans, and issue validation activities.
• Contribute to development of the annual audit plan through participation in audit universe management, risk assessments, regulatory risk evaluations, and compliance audit coverage planning.
• Provide independent assessments of Compliance Management System (CMS) effectiveness, including governance, policies and procedures, regulatory change management, training, monitoring and testing, complaint management, and issue management processes.
• Evaluate the effectiveness of first- and second-line compliance oversight programs and challenge the adequacy of compliance risk management practices.
• Assess compliance control design and execution across end-to-end business processes, products, services, and operational activities.
• Conduct audits of consumer protection, prudential compliance, lending, deposit operations, marketing, and other regulatory compliance requirements applicable to the organization.
• Identify systemic compliance risk themes, emerging regulatory concerns, control weaknesses, and potential customer or reputational impacts.
• Monitor regulatory developments, examination priorities, enforcement actions, and industry trends to ensure appropriate audit coverage and risk perspective.
• Develop and maintain strong relationships with Compliance, Legal, Enterprise Risk, business leadership, and regulatory stakeholders while maintaining audit independence and objectivity.
• Represent Internal Audit at governance committees, regulatory meetings, and cross-functional working groups as appropriate.
• Support regulatory examinations and coordinate audit responses related to compliance risk and Internal Audit activities.
• Drive continuous improvement of compliance audit methodology, testing approaches, reporting capabilities, and audit effectiveness.
• Develop and mentor audit professionals, including performance management, capability development, succession planning, and professional growth

Skills

Regulatory risk

Audit leadership

CMS knowledge

Communication

Education

Bachelor's degree or equivalent experience

Job description

Digital Federal Credit Union in the United States seeks a Director, Internal Audit - Compliance to lead a portfolio of risk-based compliance audits and advisory activities across regulatory risk management, governance, and control effectiveness.

The role engages executive leadership, ensures audit independence, evaluates CMS programs, tracks regulatory changes, and mentors the audit team in a dynamic, hybrid work environment across multiple office locations.