Head of Operational Audit

Millennium; New York (NY); On-site; USD 160,000 - 250,000; Full time

Job summary

Millennium, a leading global alternative investment firm, is seeking a Senior Audit Lead in New York to support the Global Head of MCIA. The role focuses on long-term audit planning, scope design, and independent execution across operational processes, controls, and related risks.

You will build strong relationships with stakeholders, lead engagements, and contribute to the annual risk assessment and audit plan while upholding rigorous governance standards across the firm.

Qualifications

• 15 years of audit experience in financial services.
• Ability to work independently and lead with accountability.
• Experience developing audit strategy and defining scope.
• Strong stakeholder management across functions and levels.
• Solid understanding of operational risk and internal controls.
• Ability to translate findings into practical recommendations.
• Strong communication skills.

Responsibilities

• Serve as thought partner to the Global Head of MCIA on long-term audit planning and scope design.
• Build and maintain relationships with stakeholders to foster engagement and collaboration across the audit process.
• Plan and execute audit engagements focused on operational processes, controls and related risks.
• Lead audits independently from planning through reporting and follow-up with clear judgment and accountability.
• Develop deep understanding of the firm’s technology organization, business areas, and support functions.
• Identify control gaps, process improvement opportunities, and provide practical recommendations.
• Contribute to department-wide initiatives to strengthen the control environment.
• Support annual risk assessment and audit plan development.

Skills

Audit leadership

Stakeholder management

Risk assessment

Internal controls

Communication

Process improvement

Collaboration

Job description

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.

Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management, and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.

Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management, and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

Millennium’s Management Controls and Internal Audit Group exists to assist Millennium's Compliance, Legal & Ethics Oversight Committee, and the Firm’s senior management in fulfilling their governance and oversight responsibilities. The team provides relevant analyses, assessments and recommendations through formal audits, high-level design reviews, and project-based work with defined scope, helping strengthen oversight, risk management, and the overall control environment across the firm.

What You'll Do

• Serve as a thought partner to the Global Head of MCIA on long-term audit planning and scope design, balancing independent review with the firm’s broader risk management priorities
• Build and maintain strong relationships with stakeholders to foster engagement, collaboration, and constructive challenge across the audit process
• Plan and execute audit engagements focused on operational processes, controls and related risks across business and support functions
• Lead audits independently, from planning and fieldwork through reporting and follow-up, with clear judgment and strong accountability
• Develop and maintain a deep understanding of the firm’s technology organization, business areas, and support functions to inform audit coverage and risk assessment
• Identify control gaps, process improvement opportunities, and emerging risks, and provide practical, well-reasoned recommendations
• Contribute to department-wide initiatives focused on enhancing firm processes and strengthening the overall control environment
• Support the annual risk assessment process, audit plan development and other departmental projects and priorities

What You Bring

• 15 years of strong audit experience within financial services
• Demonstrated ability to operate independently and lead with confidence, sound judgment, and accountability
• Experience developing audit strategy, planning engagements, and defining effective scope
• Strong stakeholder management skills, with the ability to build trusted relationships across functions and levels
• Solid understanding of operational risk, internal controls, and audit methodologies
• Ability to assess complex processes and translate findings into clear, practical recommendations
• Strong communication skills, including the ability to present issues and recommendations clearly and effectively
• A collaborative, proactive approach, and a continuous improvement mindset

Salary Range

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.