Director, Internal Audit-Professional Practices (HYBRID - Richmond, VA)

Description

Position Description

The Director of Internal Audit - Professional Practices position is responsible for providing strategic direction and leadership and acts as the steward for tools & methodologies, policies & standards, communication & training, quality assurance & improvement program, and stakeholder reporting within Atlantic Union Bank's Third Line of Defense organization, including Corporate Assurance and Advisory Services (CAAS) and Credit Risk Review (CRR).

The Director of Internal Audit - Professional Practices promotes risk awareness in the company through a positive and collaborative relationship with executives, business leaders, and staff. This leader drives continuous improvement initiatives in our audit and credit review methodologies, process, and tools / solutions and is transformational in establishing and maintaining guidance governing all audit activities to conform with internal and professional standards. This role reports directly to the Chief Audit Executive and is a leader in our organization.

Position Accountabilities

• Leads the overall design, development and implementation of CAAS and CRR tools & methodologies, policies & standards, communication & training, quality assurance & improvement program, and stakeholder reporting
• Drives the design, development, implementation, and continuous improvement in CAAS and CRR strategies and processes, including methodology enhancements
• Develops and provides training to Teammates on internal audit policy, process, and methodology updates
• Leverages expert internal audit knowledge to assess the relevance of gaps in audit practices and potential exposures / impact to the business and bank overall
• Oversees critical department processes, including but not limited to Annual Risk Assessment, Issue Management, and Third-Party Risk Management and Oversight
• Develops and maintains a strong rapport with senior executives and other key stakeholders to ensure discussions are trusted, constructive, and valued; works diligently to understand the company's strategies and risks
• Acts as the Regulatory Liaison : coordinates and communicates the department's activities with key regulators including preparation / delivery of material required for examinations
• Ensures that CAAS and CRR methodologies, tools, and practices comply with the Institute of Internal Audit standards and meet regulatory expectations
• Proactively keeps team informed of current and emerging trends, developments, and practices affecting the professions of internal auditing and credit risk review within the banking industry
• Owns board and other stakeholder reporting, ensuring completeness, consistency, and accuracy
• Performs other duties as assigned or requested by the Chief Audit Executive

Organizational Relationship

This position reports to the Chief Audit Executive and regularly interacts with the Audit Committee of the Board of Directors.

Position Qualifications

Education & Experience

Knowledge & Skills

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting

We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.

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.