Role Overview for Head of Internal Audit with a Global FinServ Firm – Jersey City, NJ
JRG Partners is proud to be the exclusive recruitment partner for a premier global financial services firm seeking a dynamic and strategic Head of Internal Audit. This executive-level position, based in the vibrant financial hub of Jersey City, NJ, represents a pivotal leadership role within the organization. The successful candidate will be entrusted with the ultimate responsibility for the internal audit function globally, providing independent and objective assurance on the effectiveness of the firm’s governance, risk management, and internal control processes. Reporting directly to the Audit Committee of the Board of Directors with an administrative line to the Chief Financial Officer, this role offers unparalleled visibility and the opportunity to make a significant impact on the firm’s strategic direction and operational integrity.
The Head of Internal Audit will serve as a trusted advisor to the Board and senior executive leadership, offering critical insights and forward-looking perspectives on emerging risks and control enhancements. This is not merely a compliance function; it is a strategic partnership that helps safeguard the firm’s assets, reputation, and long-term success. The ideal candidate will be a visionary leader with a deep understanding of the complexities of the global financial services landscape, capable of building and mentoring a world-class audit team. You will be responsible for fostering a culture of continuous improvement, accountability, and ethical conduct throughout the organization.
This position requires a leader who can navigate a complex, matrixed environment, build strong relationships with stakeholders across all business lines and corporate functions, and communicate complex issues with clarity and conviction. You will be at the forefront of identifying potential vulnerabilities and recommending pragmatic solutions that align with the firm’s business objectives while satisfying rigorous regulatory expectations. Your leadership will be instrumental in ensuring the internal audit function is agile, technologically advanced, and positioned as a proactive and value-added component of the firm’s overall governance structure.
Key Responsibilities of Head of Internal Audit with a Global FinServ Firm – Jersey City, NJ
Strategic Leadership and Planning
Develop, implement, and maintain a comprehensive, risk-based annual internal audit plan that aligns with the firm’s strategic objectives and addresses key risks across all global operations. Present this plan to the Audit Committee for review and approval, and provide regular, detailed updates on its execution and any significant findings.
Team Development and Management
Lead, mentor, and develop a high-performing global team of internal audit professionals. Foster an environment of collaboration, professional growth, and technical excellence. Oversee resource allocation, budgeting, and performance management for the entire internal audit department.
Audit Execution and Oversight
Direct and oversee the execution of a wide range of financial, operational, compliance, and technology audits. Ensure all audit activities are conducted in accordance with the Institute of Internal Auditors (IIA) Standards and internal policies, resulting in high-quality, well-documented work papers and reports.
Risk Assessment and Advisory
Proactively identify and assess emerging risks and control deficiencies. Provide expert advisory services to management on the design and implementation of effective internal controls, risk mitigation strategies, and process improvements without compromising independence.
Stakeholder Communication and Reporting
Serve as the primary liaison with the Audit Committee, executive management, and external auditors. Deliver clear, concise, and impactful presentations and written reports on audit findings, risk exposures, and the status of remediation efforts. Build and maintain strong, collaborative relationships with key stakeholders across the organization.
Regulatory Compliance
Ensure the internal audit function effectively assesses the firm’s compliance with applicable laws, regulations, and industry standards, including Sarbanes-Oxley (SOX), Dodd-Frank, and directives from the SEC, FINRA, and other global regulatory bodies.
Continuous Improvement
Champion the continuous improvement of the internal audit function by leveraging data analytics, automation, and other innovative technologies. Stay abreast of industry trends, evolving risks, and best practices in internal auditing to ensure the department remains best-in-class.
Governance and Investigations
Play a key role in the firm’s overall governance framework. Oversee or assist in special investigations, fraud inquiries, and other ad-hoc projects as requested by the Audit Committee or senior management.
Requirements for the Head of Internal Audit with a Global FinServ Firm – Jersey City, NJ
Educational Background
A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required. An MBA or other relevant advanced degree is highly preferred.
Professional Certification
Active professional certification such as Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) is mandatory. Additional certifications like Certified Information Systems Auditor (CISA) or Certified Fraud Examiner (CFE) are a significant plus.
Executive Experience
A minimum of 15-20 years of progressive experience in internal audit, public accounting (Big 4 preferred), and/or risk management. This must include at least 7-10 years in a senior leadership capacity, managing a significant team within a large, complex, and preferably publicly traded global financial services organization (e.g., investment banking, asset management, brokerage).
Technical Expertise
Unquestionable expertise in U.S. GAAP, SOX 404 requirements, and the COSO internal control framework. Deep knowledge of financial services products, capital markets, and the associated regulatory environment is essential.
Leadership and Influence
Proven ability to lead, inspire, and develop a diverse, global team. Must possess exceptional executive presence, with the ability to communicate, influence, and build credibility with the Board of Directors, C-suite executives, and regulators.
Strategic and Analytical Mindset
Superior analytical, critical thinking, and problem-solving skills. The ability to think strategically, see the big picture, and connect disparate pieces of information to identify underlying themes and risks.
Communication Skills
Impeccable written and verbal communication skills, with a demonstrated ability to articulate complex technical and risk-related concepts to a variety of audiences in a clear and persuasive manner.
Integrity and Professionalism
Unwavering ethics, integrity, and objectivity. Must be a self-starter with a strong work ethic, capable of operating with a high degree of autonomy and discretion in a fast-paced, demanding environment.
Benefits & Perks Offered
Our client is committed to attracting and retaining top-tier talent by offering a highly competitive and comprehensive compensation and benefits package. This includes:
Executive Compensation
A highly competitive base salary complemented by a significant annual performance-based cash bonus and a long-term equity incentive plan (RSUs, Stock Options).
Comprehensive Health & Wellness
Premier medical, dental, and vision insurance plans for you and your eligible dependents. Access to executive wellness programs, mental health resources, and a state-of-the-art fitness center.
Retirement Planning
A generous 401(k) retirement plan with a substantial company match and potential profit-sharing contributions. Access to financial planning services.
Work-Life Balance
A generous paid time off (PTO) policy, including vacation, sick days, and personal days, in addition to company-paid holidays. Comprehensive parental leave policies.
Professional Development
A strong commitment to your professional growth with a budget for continuing professional education (CPE), industry conferences, certifications, and leadership development programs.
Additional Perks
Commuter benefits, employee assistance program (EAP), life and disability insurance, and potential for relocation assistance for exceptional candidates.
How to Apply
This is a retained search being conducted exclusively by JRG Partners. If you are a transformative audit leader with the experience and vision to guide a global financial services firm, we encourage you to apply. To be considered for this exceptional opportunity, please submit your resume and a cover letter outlining your qualifications and leadership philosophy.
For more information or to explore other executive opportunities, please visit the JRG Partners’ Accounting & Finance practice page. We look forward to connecting with you.
