Director Internal Audit (Finance)
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.
- 10+ years of experience in auditing, accounting, risk management, internal controls or compliance required.
- 5+ years of credit card industry experience preferred.
- 5+ years of experience in planning and managing resources to carry out objectives.
- Professional certification related to audit, risks, or compliance strongly preferred. Certified Internal Auditor (CIA) designation, or commitment to obtain the CIA Certification preferred.
Competitive Benefits Package
- Full medical benefits when working 20+ hours per week
- Traditional and High-Deductible health plan options available
- FREE dental and vision coverage
- Generous Paid Time Off plans
- 401(k) – dollar-for-dollar match up to 5% of total compensation
- Special discounts and offers for events at the Denny Sanford PREMIER Center
- PREMIER Wellness Program
- Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
- Fun Employee Parties
Our Culture
- Emphasis on personal success, respect, health, wellness, fun and giving back
- Employees are rewarded, valued, and celebrated for hard work
- Various Career advancement opportunities and growth
- Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
