About the Role:
The Director, Internal Audit & Data Science leads the bank's data science capabilities within the Internal Audit function, focusing on integrating data analytics and data science to enhance audit effectiveness. This role develops and executes a comprehensive data-driven audit strategy, leveraging advanced analytics, continuous auditing, and AI to transform traditional audit approaches. The Director will lead audits of the business and IT, bridging audit expertise with cutting-edge data science capabilities and ensuring alignment with regulatory requirements and industry standards.
What You Will Do:
Develop and manage internal audits, including a formal reporting system to communicate audit results to management and regulatory compliance agencies. Develop and execute a comprehensive data analytics strategy for Internal Audit, integrating advanced analytics, AI, and machine learning to enhance audit capabilities. Implement continuous auditing and monitoring systems that provide real-time insights into potential risk areas. Manage the preparation of audit plans and ensure execution within established timelines. Ensure audit issues are well defined, and root causes are identified. Lead efforts to integrate audit data across disparate systems, creating a unified data repository for comprehensive analysis. Collaborate with IT and data management teams to ensure appropriate data access, security, and compliance with privacy regulations. Implement data collection, cleansing, and preparation processes that support efficient and effective audit analytics. Manage the testing and documentation of financial and computer system records for information integrity and transaction accuracy. Establish a centralized data analytics function to support audit teams with specialized expertise and tools. Identify and evaluate emerging technologies (e.g., MS Co-Pilot, PowerBI) and data science techniques (e.g., classification, regression, and clustering) to enhance audit efficiency and effectiveness. Lead pilot projects to test innovative audit solutions and build proof of concepts. Create training programs to enhance data literacy across the audit department and mentor audit staff on integrating data analytics into traditional audit approaches. Train management and staff to plan, scope, and perform internal audits and risk assessments within established business process controls. Manage staff including hiring, performance management, mentoring, and coaching. Translate complex data findings into actionable insights for executive leadership and the Audit Committee. Establish protocols for validating analytics models to ensure reliability and accuracy. Perform other duties as assigned.What You Will Need:
Bachelor's degree or equivalent education and work experience. Typically, 5+ years with bachelor's or equivalent. Analyzes issues thoroughly to find effective solutions. Makes quick and effective decisions when required. Thinks outside the box, developing innovative ideas and solutions. Embraces diversity and works effectively with people from various backgrounds. Builds positive relationships with supervisors and understands their expectations. Quickly grasps complex concepts and engages in deep analysis. Understands one's strengths, weaknesses, and personal growth areas. Assigns tasks appropriately to others, trusting them to perform well.The responsibilities listed above are not all inclusive and may be changed at any time.
Salary range: $103,511.83 – $191,170.01
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.
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