ED - Internal Audit Financial Risk and Lending

Madison-Davis, LLC; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

Global Financial Institution in New York seeks an Executive Director, Financial Risk & Lending Audit to head Internal Audit coverage across risk and lending activities, directing a team of audit professionals.

The role requires deep expertise in credit risk, liquidity, market risk, and regulatory expectations, with a track record of leading complex audits and delivering independent assurance to senior stakeholders.

Qualifications

• 15+ years of experience in banking or financial services with Internal Audit or Risk Management.
• Proven record leading internal audit engagements in a complex banking environment.
• Deep expertise in financial risk management and credit risk.
• Strong knowledge of lending businesses and the credit lifecycle.
• Experience with corporate banking, private credit, or complex lending portfolios.
• Familiarity with liquidity, market, capital, and enterprise risk management.
• Understanding of banking regulations and regulatory expectations.
• Ability to interact with senior business and risk stakeholders.
• Experience mentoring audit professionals and teams.
• Knowledge of IIA standards and internal controls.

Responsibilities

• Lead complex financial risk and lending audits with limited senior management supervision.
• Develop risk-based audit coverage across financial risk areas.
• Oversee audits of credit, liquidity, market, capital, and enterprise risk.
• Lead audit coverage of corporate banking, private credit, NBFI lending, and complex portfolios.
• Assess lending processes including origination, credit administration, collateral, portfolio monitoring, and problem loans.
• Evaluate risk reporting, governance, and escalation processes.
• Direct continuous monitoring and risk assessments across assigned risk areas.
• Monitor key risk indicators and regulatory developments.
• Engage with senior leaders, risk management teams, regulators, and other stakeholders.
• Lead remediation activity validation with IA.

Skills

Executive leadership

Internal Audit leadership

Financial risk management

Credit risk

Lending

Regulatory knowledge

Stakeholder engagement

Audit planning

IIA standards

Job description

A leading global financial institution is seeking an experienced Executive Director, Financial Risk & Lending Audit to lead Internal Audit coverage across financial risk management and lending activities. This senior leadership role is responsible for overseeing complex, high-profile audits and providing independent assurance over risk management practices, governance, and internal controls across a sophisticated banking environment.

The ideal candidate will have extensive banking and financial services experience with deep expertise in credit risk, lending, liquidity, market risk, capital management, and enterprise risk. This individual will lead large-scale audits, oversee continuous monitoring and risk assessments, engage with senior business and risk stakeholders, and manage a team of audit professionals.

Responsibilities

• Lead complex financial risk and lending audits with limited senior management supervision
• Develop and execute risk-based audit coverage across financial risk areas
• Oversee audits of credit, liquidity, market, capital, and enterprise risk management
• Lead audit coverage of corporate banking, private credit, NBFI lending, and complex credit portfolios
• Assess lending processes including origination, credit administration, collateral, portfolio monitoring, and problem loans
• Evaluate financial risk reporting, risk aggregation, governance, and escalation processes
• Direct continuous monitoring and risk assessments across assigned risk areas
• Monitor key risk indicators, regulatory developments, audit issues, and changes in risk profiles
• Engage with business leaders, risk management teams, regulators, and other stakeholders
• Lead validation of regulatory and Internal Audit remediation activities
• Manage, coach, and develop internal and co-sourced audit professionals
• Recommend changes to audit strategy, scope, frequency, and coverage based on emerging risks

Requirements

• 15+ years of experience in banking, financial services, Internal Audit, Risk Management, or a related field
• Extensive experience leading Internal Audit engagements within a complex banking environment
• Deep expertise in financial risk management and credit risk
• Strong understanding of lending businesses and the credit lifecycle
• Experience with corporate banking, private credit, NBFI lending, or complex lending portfolios
• Strong knowledge of liquidity, market, capital, stress testing, and enterprise risk management
• Understanding of banking regulations and regulatory expectations
• Experience with continuous monitoring, risk assessments, and audit planning
• Proven ability to interact with senior business and risk management stakeholders
• Experience managing and developing audit professionals
• Strong knowledge of IIA standards, audit methodology, and internal controls
• Exceptional communication, judgment, and executive-level presentation skills