Buckingham Search

Senior Internal Audit Manager - Credit Risk

Buckingham Search - Chicago, IL

A $17B financial services company headquartered in downtown Chicago is looking to hire a Senior Manager of Internal Audit!

This role will focus on leading the Credit Risk and Commercial Banking for the Internal Audit team, conducting audits in the areas such as Commercial Banking, Commercial Real Estate, Leveraged Lending, Loan Syndications, Corporate Banking, and the Allowance for Loan & Lease Losses. Additionally, the Internal Audit Senior Manager role will be responsible for leading, directing, evaluating, and developing audit professionals to ensure audit activities are conducted to high standards of accuracy, rigor, and credibility and according to regulations and industry standards.  

Role Responsibilities:

  • Develop a comprehensive audit plan for the portfolio that addresses key regulatory requirements / expectations and provides a sound third line of defense risk based coverage
  • Provide oversight in the execution of the audit plan through the review of detailed project plans that effectively incorporate appropriate risks, scope, staffing requirements, deliverables, timelines, budgets and client availability
  • Contribute to the positive, inclusive, and team-oriented culture by maintaining cooperative relationships (assisting other project teams when necessary), facilitating the resolution of conflicts, sharing information, and accepting and providing feedback
  • Work closely with management to promptly resolve any concerns that may arise and build trust. Serve as a business advisor and partner by providing the business unit and senior management with advice related to business issues and controls
  • Represent the Head of Internal Audit – US Region in meetings with Audit Committee/Regulators as needed
  • Ensure compliance with IIA Standards

Role Requirements:

  • Bachelor’s Degree in Accounting, Finance or related field is required
  • Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) is required
  • 12+ years of relevant experience
  • Experience working in an Internal Audit department at a large US bank focusing on audits of the Credit Risk and or Commercial Banking portfolio OR a banking regulatory agency with experience overseeing large US banks is preferred
  • Must have strong knowledge of US banking regulations and applicable accounting guidance
  • Ability to travel (10%)

Posted On: Tuesday, July 25, 2023

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