Director Internal Audit

Location: Sioux Falls, SD 
Shift: M-F 8am-5pm
Job Status: Full-Time
Company: First PREMIER Bank

About the Role
Position will oversee and manage operational and financial audits for credit card operations to ensure they meet established department and industry standards; assist with the annual and ongoing risk assessment and annual audit planning process for credit card processes; collaborate with other departments to evaluate the internal control structure over compliance with laws, regulations, policies, and procedures, while adding value and providing insightful feedback.

Position has in-depth knowledge of Internal Audit standards and procedures; able to assess risks and identify leading practices; and lead and mentor auditors to ensure they have the necessary skills and resources.

Job Duties and Responsibilities 


* Oversee the preparation of documentation to support the annual risk assessment for credit card processes.


* Oversee the development of the initial annual risk-based audit plan for credit card processes that incorporates comprehensive coverage of the audit universe and key risks.


* Meet with business area management and contribute to departmental on-going risk assessment activities to identify emerging risks.


* Proactively identify leading practices, regulatory developments, and emerging risk.


* Participate in annual strategic planning and budgeting processes.


* Execute initiatives that support the achievement of the department vision and strategic objectives.


* Ensure credit card audit projects have sufficient resources and are effectively managed and scheduled.


* Oversee work conducted by internal and external resources performing audit services to ensure standards are met.


* Coach and develop direct reports, provide timely and constructive feedback, and assist in enhancing knowledge and professional skills.


* Establish strong relationships with key stakeholders, management/business units, and within audit team to provide value and build trust.


* Interviews, hires, and trains new staff.

Provides constructive and timely performance reviews.

Handles discipline and termination of employees in accordance with company policy.

Skills and Qualifications 


* In-depth knowledge of IIA and internal control standards, credit card operations, and regulatory expectations, broad knowledge of finance/accounting.


* Ability to exercise discretion and judgment in performance of audit work and engagement conclusions.


* Expert communication skills - written and verbal with strong attention to detail and accuracy.


* Ability to lead, plan, organize, and prioritize resources and tasks with effective project management skills to carry out the internal audit mandate and strategy.


* Ability to network, learn, and identify best practices and emerging risks.


* Bachelor’s degree or equivalent level in accounting, finance, business, or related field preferred.
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