Audit Director for Treasury and Capital Markets

Overview

This leadership position oversees internal audit coverage for the Treasury and Capital Markets division, including pricing, trading, credit risk transfers, structured transactions, and related oversight and support functions. The role supports compliance with regulatory requirements, evaluates risk management practices, and provides strategic insights to senior leadership to strengthen governance and control frameworks. Responsibilities also include auditing treasury operations, with emphasis on liquidity management, funding, and balance sheet management controls.

Responsibilities

Audit Leadership

• Develop and execute a risk-based audit plan for treasury and capital markets activities, including pricing, hedging, structured transactions, credit risk transfers, interest rate risk management, liquidity risk management, and related activities.
• Oversee planning, fieldwork, and reporting for audits, ensuring adherence to professional standards and internal policies.

Risk and Control Assessment

• Conduct continuous risk monitoring and maintain an up-to-date risk profile for the Treasury and Capital Markets division.
• Identify emerging risks and recommend proactive control enhancements.
• Ensure understanding of key controls designed to prevent or detect unauthorized trading.
• Develop an audit approach to review front, middle, and back-office controls, including valuation, settlement, and risk limit framework development and monitoring.

Stakeholder Engagement

• Build and maintain strong relationships with senior business leaders, regulators, and external auditors.
• Communicate audit findings and recommendations clearly and effectively to executive management.

Team Management

• Lead and mentor a team of audit professionals, fostering a culture of excellence and continuous improvement.
• Provide coaching and career development opportunities to team members.

Regulatory and Industry Expertise

• Stay current on regulatory developments (SEC, FINRA, CFTC, FHFA, etc.) and industry best practices impacting treasury and capital markets.
• Ensure audit methodologies align with IIA Standards and applicable regulatory guidance.

Requirements

• 8 years of experience in internal audit or risk management within financial services, with significant exposure to complex treasury and capital markets activities (i.e. investment banking).
• Deep understanding of trading products, market risk, credit risk, and operational risk in capital markets and treasury activities.
• Strong leadership, communication, and stakeholder management skills.
• Ability to influence senior leaders and drive change across complex organizations.
• Experience interacting directly with regulators.
• People leadership experience, including direct management or supervision of a team.
• Demonstrated curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how work is performed.
• Professional certification (e.g., CIA, CPA, or equivalent) or expected within a defined timeframe.
• Bachelor’s degree or equivalent experience.
• Education: Bachelor’s Level Degree (Required), Master’s Level Degree.

Preferred Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or related field; Master’s degree preferred.
• Knowledge and exposure to MBS, CMBS, and Whole Loan Mortgage transactions.
• Understanding of typical interest rate risk hedging strategies and related risk implications and measures.
• Experience with audit analytics and data-driven risk assessment.
• Familiarity with global regulatory frameworks and compliance requirements.
• Strategic mindset with ability to balance detail orientation and big-picture thinking.

Compensation & Benefits

• Requisition Compensation: 175000 to 239000
• This position is eligible to participate in an incentive program (subject to program terms).
• Comprehensive benefits package including Health, Life, Voluntary Lifestyle, and other benefits and perks supporting employees’ physical, mental, emotional, and financial well-being.

Work Location

• For most roles, employees are expected to work onsite on a regular basis at their designated office location.
• In-office work cadence is determined by your manager.
• Proximity within a reasonable commute to the designated office location is preferred unless the job is noted as open to remote.