Internal Audit Quality Assurance Lead

OVERVIEW

The Company

U.S. Financial Technology (U.S. FinTech) is seeking an experienced Internal Audit Quality Assurance Lead to join our team of talented professionals. This is a full-time remote opportunity. 

U.S. FinTech built and operates the largest and most advanced mortgage securitization platform in the world, supporting the Uniform Mortgage-Backed Security (UMBS) of Fannie Mae and Freddie Mac.

Supporting 70% of the mortgage-backed securities in the market, U.S. FinTech provides best-in-class single-family issuance, bond administration, disclosure, and tax services. We support a broad portfolio of products for our clients with full lifecycle management.

Our market-leading, cloud-based, end-to-end platform executes transactions on an extraordinary scale which has bolstered liquidity in the secondary mortgage market, one of the largest and most important financial markets in the world. Our unique approach to securitization combines the best minds in financial services with the know-how, flexibility, and innovation of leading technologists.

RESPONSIBILITIES

Job Information

U.S. FinTech is seeking a Lead, Quality Assurance role and will work to support the Chief Audit Executive and VP, Head of Internal Audit (IA) Quality Assurance to:

• Continuously assess IA’s conformance with professional standards and U.S. FinTech’s IA methodology,
• Lead IA quarterly and annual risk assessments,
• Support IA’s internal and external reporting processes, and 
• Lead / support IA audit software management and process improvement initiatives within the IA function.  

This position requires strong critical reasoning, sound professional judgement, attention to detail, action driven and agile mindset. The individual will primarily support the Internal Audit team and interact frequently with internal and external stakeholders.

Key Job Functions

• Function as central point of expertise for all matters related to IA methodology, quality, and professional standards for the IA function.
• Support IA’s QA and Improvement Program (QAIP) planning and KPI reporting, including developing the annual QA plan, maintaining IA’s competency framework, assessing conflicts of interest, and executing planned QA reviews that confirm adherence to established methodology, and relevant regulations and professional standards.
• Track timely and complete remediation of issues raised as part of IA’s QA program.
• Communicate, with or on behalf of the Head of QAIP, QA results to the IA team, senior management, board, and external stakeholders.
• Support development, streamlining and maintaining IA methodology, including administering training to the IA team.
• Under direction of Head of QAIP, lead process improvement initiatives identified through strategic plans and QA issues from process optimization to technology adoption.
• Lead and function as central coordinator for IA’s quarterly and annual risk assessment processes, including monitoring developments and impacts from external, industry and top-down risk aspects.
• Support preparation of stakeholder reporting, including Executive Committee and Board reporting.
• Manage team’s use of audit software and technology to improve efficiency and effectiveness.
• Stay current with changes in regulations, professional standards and best practices for internal auditing.

QUALIFICATIONS

Education   

• Bachelor’s Degree
• At least one is required: IA-relevant certifications (e.g., Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE))

Minimum Experience  

• Minimum 7 years related working experience. 
• Minimum 5 years work experience managing audits or quality programs within an IA function.
• Experience working with audit management software/technologies and enterprise Governance, Risk, and Compliance tools.
• Applicants must be authorized to work in the US without requiring employer sponsorship currently or in the future. U.S. FinTech does not offer H-1B sponsorship for this position.

Specialized Knowledge & Skills     

• Working knowledge of IA practices with solid understanding of all elements of the Institute of Internal Auditor’s Global IA Standards.
• Strong analytical and critical thinking skills to evaluate degree of conformance to Global IA Standards and assess efficiency and effectiveness of activity.
• Strong verbal and written communication skills to relay QAIP results to various senior stakeholder audiences.
• Broad business acumen including general knowledge of mortgage securitization processes, internal control frameworks, general technology controls, cloud technologies (e.g., AWS), and risk management principles.
• Experience working with audit management software required, IBM OpenPages preferred.
• Developing data analytics and related visualizations, an advantage.

Pay Range $132,000 to $156,500

U.S. FinTech's pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) a candidate’s qualifications, skills, competencies, and experience, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law. U.S. FinTech offers a competitive total compensation package, which includes a performance bonus, 401k match, healthcare coverage, PTO, and a broad range of other benefits.

Employment

As a condition of employment with U.S. Financial Technology, any successful job applicant will be required to  successfully complete a background investigation, which may also include a credit check for positions in some areas of our business.   

U.S. Financial Technology is an Equal Opportunity Employer.

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