INTERNAL AUDIT VICE PRESIDENT JOB DESCRIPTION

Audit functions without strong independent leadership tend to miss control gaps until regulators do. The Internal Audit Vice President owns the risk-based audit plan, the annual risk assessment cycle, and the quality of every audit report delivered to Boards, Audit Committees, and their regulators. Few roles require an equally deep command of AML and Compliance frameworks alongside the interpersonal range to challenge senior management while keeping the function credible. Good work here shows up in the control environment - and in the examination findings that don't appear.

As the Internal Audit Vice President, you lead the planning, execution, and reporting of internal audits across financial services operations, ensuring the organization's control environment meets regulatory and Board expectations. You sit within the Internal Audit function and work directly with the Chief Audit Executive, Audit Committee, and senior business line leaders to drive audit quality and talent development.

Career Impact: Building a CIA- or CISA-credentialed career at the VP level in financial services places you in a peer group that Audit Committees and Chief Risk Officers recruit directly from.

Business Impact: The audits you plan and sign off on determine whether control gaps in AML, Compliance, and Fraud Risk are caught internally before a regulator or external auditor finds them first.

Growth Opportunity: Owning a full audit portfolio - from risk assessment through Audit Committee reporting - is the direct preparation path for a Chief Audit Executive appointment.

• Develop and execute a risk-based annual audit plan covering AML, Compliance, Fraud Risk, and Regulatory Management portfolios.
• Lead audit fieldwork from planning through reporting, ensuring adherence to IIA standards and internal methodology requirements.
• Present audit findings, control gap assessments, and remediation recommendations to the Audit Committee and executive management.
• Assess and escalate significant control deficiencies to senior stakeholders with clear, timely written reporting.
• Partner with Chief Auditors and the QA Director to maintain audit methodology standards and continuous improvement programs.
• Monitor action plan status and conduct substantive compliance tests to verify remediation of identified issues.
• Mentor and develop audit team members, maintaining an active talent pipeline across the Internal Audit function.
• Liaise with external regulators and support external audit activities, including compliance breach identification and follow-up.

• Bachelor's degree in Accounting, Finance, Computer Science, or a related field, or equivalent work experience.
• 8 or more years of internal audit experience in financial services, with demonstrated leadership of audit teams and portfolios.
• CIA, CPA, CISA, or ACA certification, or equivalent professional credential.
• Deep knowledge of AML, Compliance, and financial services regulatory frameworks, including risk assessment and internal control concepts.
• Proven experience presenting audit findings and control assessments to Audit Committees, Boards, or senior regulators.
• Strong written and verbal communication skills, with the ability to sustain an independent view under stakeholder pressure.
• Demonstrated people management experience leading diverse audit professionals in a matrixed reporting environment.

• Familiarity with COBIT, ISO27001, ITIL, or other globally recognized IT audit and control frameworks.
• Experience with Back Office or Middle Office operations in exchange environments, including post-trade and bilateral activity oversight.
• Exposure to data analytics techniques applied to audit evidence, sampling, or continuous monitoring programs.
• Prior experience in a Big 4 audit firm or large complex global financial institution.

• Audit plan completion rate, measuring the percentage of planned audits delivered on schedule each year.
• Control gap closure rate, tracking the proportion of identified issues remediated within agreed action plan timelines.
• Audit report cycle time, reflecting average days from fieldwork completion to final Audit Committee delivery.
• Regulatory finding rate, measuring the frequency of external examiner findings in areas previously audited internally.
• QA scorecard ratings across delivered audit reports, benchmarked against internal methodology standards.
• Typical tools: GRC platforms (commonly AuditBoard or TeamMate); data analytics environments (commonly ACL or IDEA).

• Base Salary Range: $180,000 to $240,000 depending on institution size and scope.
• Bonus: 20 to 35 percent of base salary, performance and firm-results dependent.
• Equity: Restricted stock units offered at larger publicly traded financial institutions.
• Health Benefits: Medical, dental, and vision coverage; employer contribution varies by firm.
• PTO: 20 to 25 days annually, plus standard federal holidays.
• Common Perks: Professional certification sponsorship, continuing education reimbursement, executive development programs.

Figures are estimates based on general US market benchmarks and may be outdated. Adjust based on location, company size, and seniority level.

Candidates for this position are considered without regard to race, color, religion, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected under applicable federal, state, or local law. A background check, including review of financial history where applicable to the role's regulatory obligations, is a condition of employment. Reasonable accommodations will be made for qualified individuals with disabilities throughout the hiring process. Applicants must be authorized to work in the United States.

The Internal Audit Vice President leads Lumentum's internal audit function, overseeing all aspects of Sarbanes-Oxley compliance, control environment assessment, and process improvement across global operations. Reporting directly to the Audit Committee and administratively to the CFO, this role shapes audit strategy and delivers findings and recommendations to executive leadership to strengthen organizational controls and efficiencies.

Key Responsibilities

• Lead, direct, and develop a small team of internal audit personnel to assess Lumentum's control environment, while advising on efficient and effective business processes.
• Oversee all aspects of planning and coordinating Sarbanes-Oxley and internal audit of controls, including entity level controls and SOX self-assessment testing across all business processes.
• Oversee the annual risk assessment process to define the audit plan as agreed with the Audit Committee.
• Serve as advisor to business owners on implementation, execution, and compliance with new processes and system implementations.
• Lead and develop the internal audit function in continuous auditing, data analytics, and global process reviews, influencing cross-functional teams to improve business processes.
• Oversee execution and completion of all audit fieldwork per the established schedule and IIA auditing standards.
• Provide recommendations for internal control improvements, prepare audit reports, and perform financial, operational, fraud, IT, and process audits globally.
• Coordinate and supervise internal audit work provided by third-party providers as required.
• Document and actively participate in developing audit procedures and preparation of noted concerns for audit report inclusion.
• Prepare and present reports of plans, findings, and recommendations to executive management and the audit committee.
• Communicate effectively with internal audit, accounting, finance, and all management levels to ensure adherence to work plans, schedules, and proactive resolution of audit concerns; maintain current knowledge of audit industry practices and perform all duties in compliance with IIA guidelines.

Required Qualifications

• BA/BS degree in Accounting, Finance, or related field required.
• CIA or CPA certification required.
• Minimum 10 years of Sarbanes-Oxley and internal audit experience, or equivalent Big 4 audit experience.
• Experience in similar high-growth organizations or Big 4 audit firms highly preferred.
• Strong knowledge of generally accepted accounting principles, audit techniques, and best practices.
• Experience preparing and analyzing audit data using computer-aided audit tools such as spreadsheets or database tools; machine-learning techniques a strong positive.
• Strong project management skills, risk-based orientation, and experience managing teams and deliverables under pressure.
• Understanding and history of using data analytics.

Embedded within the Maples Group's risk and compliance structure, the Internal Audit Vice President develops and executes IT audit plans while conducting internal audits across high-risk and non-compliant areas. Working closely with the Chief Risk Officer, Audit Committees, and external clients, this role advances organizational control quality and regulatory compliance across Back Office and Middle Office Operations in financial services.

Core Functions

• Will report to the Maples Group Chief Risk Officer and Audit Committees.
• Participate in developing and presenting IT audit plans and conducting internal IT audits for the Maples Group.
• Prepare and review audit reports and perform regular follow-up audits on non-compliant or high-risk areas.
• Provide support for external audits and identify and report compliance breaches, including project work related to policies, procedures, new systems, and operational risk.
• Liaise with clients to analyze problems, workflows, responsibilities, and procedures.

Qualifications & Experience

• Bachelor's degree in Computer Science or a related field; CISA certification required.
• 5–7 years of IT audit experience with strong understanding of risk and internal control concepts, risk assessments, IT auditing standards, COBIT, ISO27001, ITIL, and other globally recognized IT frameworks.
• 10+ years of extensive business development background in Back Office and/or Middle Office Operations within Financial Services, including exchange environments and exposure to bilateral and post-trade activities.
• Strong knowledge of a range of commodities within financial markets; familiarity with regulatory engagement preferred.
• Demonstrable experience engaging and presenting to senior stakeholders internally and externally; extensive stakeholder management experience.
• Strong written and verbal communication skills, attention to detail, organizational skills, and commitment to delivering high levels of client service in compliance with internal policies and procedures.

Sitting at the intersection of quality assurance and internal audit delivery, the Internal Audit Vice President directs a portfolio of high-quality audit reports and QA products that meet the requirements of Boards, affiliates, and global regulators. Operating independently across assigned SME audit teams and supporting the QA Director, this role strengthens audit methodology and ensures rigorous, timely assurance across the organization.

Primary Duties

• Provide day-to-day support and guidance to assigned audit teams on methodology-related matters.
• Contribute to continued improvement in IA methodology and coverage through the delivery of Quality Assurance products.
• Operate independently as a QA partner across assigned SME audit teams, forming partnerships at all levels within Internal Audit.
• Support the QA Director in fostering a strong QA partnership with the Chief Auditors.
• Provide assurance over the quality of work via formal QA products including Scorecards, Thematic Reviews, Hot Reviews, Continuous Improvement Reviews, and Targeted Reviews.
• Deliver high-quality audit reports, Internal Audit and regulatory issue validation on time.
• Assist with periodic ad-hoc projects, innovation initiatives, and key deliverables.

Skills & Qualifications

• Undergraduate degree in a related discipline; CPA, ACA, CFA, CIA, CISA, or similar certification essential.
• 7–8+ years of experience in a related role with proven abilities in business, functional, and people management, executing concurrently on a portfolio of high-quality deliverables to strict timetables.
• Demonstrated experience managing teams and integrated internal audit and assurance delivery within a matrix reporting environment.
• Effective negotiation skills, proactive communication, and strength in sustaining independent views.
• Articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style.
• Strong interpersonal skills for interfacing with all levels of internal and external audit and management.

A key member of the risk and control team, the Internal Audit Vice President manages a dynamic audit universe across asset and wealth management operations, conducting planning, fieldwork, and reporting throughout the full audit cycle. Collaborating across business lines and control functions, this role enables the firm to identify emerging risks, monitor compliance action plans, and sustain a well-informed, responsive internal audit program.

Duties

• Oversee the maintenance of a dynamic audit universe and provide updates to the risk assessment by identifying new activities and changes.
• Assist with the full spectrum of the audit cycle of planning, fieldwork, and reporting.
• Develop relationships with stakeholders within the business lines and control functions.
• Monitor the status of action plans and conduct substantive tests of compliance.
• Liaise with Internal Auditors and others in the firm on risk and control related initiatives.
• Complete pre-implementation and post-mortem type reviews, as necessary.
• Keep abreast of industry and product-specific developments and potential risks.
• Promote the department's value proposition.

Requirements

• 8+ years of asset or wealth management experience.
• Private or combined accounting background.
• Registered investment advisory knowledge.
• Technical audit background with strong data analytics skills.
• CPA, CIA, or CISA strongly preferred.

Compliance and regulatory integrity across a complex global bank depends on the Internal Audit Vice President, who develops and executes a risk-based Audit Plan covering AML, Compliance, Legal, Fraud Risk, and Regulatory Management while providing senior leadership to the Division and global management team. Based within Internal Audit and reporting through the Chief Audit Executive to the Audit Committee, this role guides the bank's governance posture and talent pipeline to sustain a high-performing, diverse audit function.

Leadership Responsibilities

• Provide senior leadership to the Division and to the senior management team globally.
• Support the Chief Audit Executive opinion to the Audit Committee on the effectiveness of bank-wide governance, risk management, and internal controls.
• Maintain an effective yet independent relationship and regular interaction with all key stakeholders, including appropriate escalation of issues, and liaise with regulators as it pertains to the Audit mandate.
• Develop a risk-based Audit Plan for the Compliance, AML, Legal, Fraud Risk, and Regulatory Management portfolio and deliver the plan evenly over the course of the year.
• Recommend, support, and maintain appropriate resources to execute the plan, including requisite subject-matter expertise, and adhere to Internal Audit Methodology standards.
• Assess and identify all significant control gaps and escalate to appropriate levels and relevant stakeholders; provide clear, comprehensive, and timely reporting on significant control matters.
• Stay current on evolving regulatory expectations and industry practices to support continuous improvement of the audit function.
• Provide ongoing support and ownership for IA divisional priorities including Talent Management, Talent Acquisition, Colleague Engagement, Career Development, and Diversity & Inclusion.
• Attract, develop, and retain talent and maintain an active talent pipeline.

Professional Experience

• Previous experience developing and executing strategies and delivering superior results in both the short and long term.
• Previous experience establishing a best-in-class AML and Compliance Audit Function in a large, complex global organization; Financial Services experience beneficial.
• Proven ability to leverage deep subject matter expertise to align teams to a central vision while engaging others to provide input.
• Strong knowledge of the related regulatory environments; excellent analytical skills in assessing risk and challenging the status quo.
• Skillful written and verbal communication, negotiation, and partnership skills with the ability to stay resilient under pressure and maintain objectivity.
• Strong people management skills with demonstrated experience leading high-performing, diverse teams across multiple stakeholders in a matrixed environment.
• Robust organizational skills with the ability to manage multiple deadlines and priorities in a fast-paced environment.