Director, Internal Audit
Affirm
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $217,000 - $297,000 per year
Job Level
About the role
- Establish and maintain a comprehensive, risk-based internal audit program that aligns with the Bank’s strategy and regulatory requirements.
- Develop the audit charter, policies, procedures, and methodology to ensure independence and objectivity.
- Oversee the creation and execution of the annual audit plan based on risk assessments and changing business conditions.
- Partner with Audit counterparts at Affirm to manage third and fourth party risk.
- Lead and conduct audits across key functional areas
- Evaluate the adequacy and effectiveness of internal controls, risk management, and governance processes
- Provide independent recommendations for control enhancements, process improvements, and risk mitigation
- Oversee documentation, issue tracking, and follow-up of audit findings to ensure timely resolution.
- Report directly to the Audit Committee of the Board, providing regular updates on audit results, trends, and emerging risks.
- Prepare materials for Board and committee meetings, ensuring transparency and actionable insight
- Serve as liaison with external auditors, examiners, and regulators, coordinating responses to findings or requests
- Support the Audit Committee in fulfilling its oversight responsibilities related to risk, control, and audit
- Collaborate with executive management to evaluate risk management and internal control frameworks
- Advise management on control design and efficiency without compromising audit independence
- Support integration of risk-based thinking and control discipline across all departments
- Identify opportunities to enhance governance and control maturity during early-stage bank development
- Lead the design and documentation of the Internal Audit framework as part of the de novo application process
- Establish audit coverage for pre-opening activities, including policy development, system implementation, and vendor onboarding
- Develop readiness assessments and Board materials to support FDIC and state regulatory reviews
- Build and train an audit function capable of scaling as the Bank grows post-launch
Requirements
- Minimum of 10 years of internal audit, risk management, or control experience, in a regulated banking environment
- Proven experience establishing or leading an internal audit program for an FDIC-supervised institution
- Strong understanding of lending-sponsorship banking and consumer deposits, and preferably experience with a lending-sponsor bank or ILC.
- Knowledge of the FDIC examination processes, and interagency audit guidance preferred
- Strong understanding of lending sponsorship-banking and consumer deposit operations, internal controls, IT systems, and regulatory compliance
- Demonstrated ability to assess risk, communicate effectively with senior management and the Board, and deliver practical audit insights
- Experience managing internal and co-sourced audit relationships
- Exceptional integrity, judgment, and attention to detail.
Benefits
- Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
- Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
- Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
- ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
internal auditrisk managementcontrol experienceaudit program developmentaudit charteraudit methodologyrisk assessmentsgovernance processescontrol enhancementsregulatory compliance
Soft Skills
communicationintegrityjudgmentattention to detailcollaborationleadershipindependenceobjectivityproblem-solvingadvisory skills