Audit Director

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GENERAL FUNCTION:

Fifth Third Bank's Audit Division is responsible for performing independent, objective assurance activities for the Bank's key business processes, products, services and technologies, as well as governance, oversight and monitoring functions of management and support functions. The Audit Director is a senior Bancorp executive responsible for monitoring, assessing, and communicating Bancorp emerging risks, and planning (strategic and tactical), developing and managing the execution of internal consulting engagements, audits, and risk assessments of key business areas within the Bancorp. Focus is on providing accountability for continuous improvement and risk mitigation, while offering innovative and best-in class recommendations for enhanced performance in accordance with regulatory compliance and accounting guidelines. This role is a leader of leaders, having direct reports to include Senior Managers and Managers (4-8). Lead and manage up to 15-30 employees.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Working with the Chief Audit Executive and Senior Audit Directors, contribute to development and lead execution of the Audit Division strategy, insuring an adaptive, innovative audit process that is commensurate with the risk profile presented by Fifth Third, and that consistently meets stakeholder expectations. Stakeholders include Audit Committee, Senior Management, Audit employees, regulatory agencies, and external auditors, among others.
• Actively participate in strategic plan and direction of the department. Anticipate need for and lead continuing innovation and change to align program with enterprise size, complexity, and modernization.
• Development and execution of an integrated risk-based audit plan for the assigned business lines while adhering to established resource and financial budgets.

• Achieve the approved performance measures and metrics of Audit Committee. Create process improvements, increasing efficiencies and effectiveness annually.
• Provide strong leadership, coaching, and development of talent. Build team effectiveness and employee engagement within Audit division.

• Drive organization change and compliance through identification and communication of control deficiencies and recommendations for process improvement.
• Provide the executive planning, development and management of strategic and tactical audit plans, activities and programs to identify and quantify current and evolving systemic risks and other exposures to the Bancorp for all areas of responsibility.

• Provide executive oversight of high-quality audit execution and issue validation for areas of responsibility. Prepare and present audit conclusions to management, and/or to senior executives, board sponsored risk committees, regulatory agencies, and the Audit Committee of the Board of Directors.

• Establish, foster and maintain consultative working relationships with peers and senior management throughout the Bancorp to ensure effective workflow and continuous improvement, and to monitor new initiatives and emerging risks.
• Actively participate in governance and steering committees for line of business, risk, and significant projects and initiatives (i.e., new technologies, products, and processes). Execute robust continuous monitoring, providing credible challenge and identifying risk changes and potential needs to alter audit plans.

• Assumes additional responsibilities and leads special projects as assigned.

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback, developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth, developing the appropriate talent pool to ensure adequate bench strength and succession planning, and recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor's degree required. Disciplines in Accounting, Finance, Data Analytics, Technology or Business-related field preferred. Should be accompanied with relevant experience in industry or public firm. MBA preferred.
• CPA, CIA or relevant industry certification required.
• 12+ years of relevant audit, risk, or advisory experience, or progressive responsibility in relevant corporate roles within Financial Services Industry.
• Minimum of five years of proven managerial leadership experience.
• Exceptional analytical, written and verbal communication skills, including ability to succinctly synthesize data, develop recommendations and successfully present information to executive audiences including regulatory personnel.
• Proven project management and process improvement skills. Specialty skill sets required dependent on audit area of responsibility.
• Demonstrated ability to display independent thought leadership, positive business presence and sound judgment with management and external personnel.
• Exceptional leadership skills and the ability to develop a consensus among diverse groups with conflicting opinions.
• Strategic, results and goal orientated. Champions and models Bancorp Core Values and Leadership competencies (Create Connections, Be a Great Coach, Lead with Agility, Act like an Owner).

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.