Director of Internal Audit, Custody Services

Job Description

An employer is seeking a Director-level Internal Auditor to provide audit leadership and subject matter expertise across the Enterprise Custody Services (ECS) platform, with a primary focus on Custody Operations, Asset Servicing, and Securities Services Operations. This individual will help shape audit coverage, assess key custody risks and controls, and provide assurance over core custody processes that support the safeguarding and servicing of client assets.

Key Responsibilities

• Serve as the audit SME for the end-to-end custody lifecycle, including custody operations, asset servicing, securities processing, and related support functions.
• Lead and manage audits from planning through reporting, ensuring appropriate coverage of operational, regulatory, and financial risks.
• Assess the effectiveness of controls supporting:
• Trade instruction capture and authentication
• Securities settlement and post-trade processing
• Books and records maintenance
• Cash and securities reconciliations
• Corporate actions and dividend processing
• Tax servicing and tax reclaim activities
• Develop risk-based audit programs and testing strategies that provide meaningful assurance over custody operations.
• Partner with senior business stakeholders and audit leadership to identify emerging risks and strengthen audit coverage.
• Utilize data analytics and AI-enabled approaches to improve audit effectiveness and insight generation.
• Coach and provide oversight to audit team members performing fieldwork and testing activities. Compensation for this role is 230-255k per year annually plus bonus. Compensation may vary based on several factors, including skills, experience, and education. Benefit packages for this role may include generous paid time off, medical and dental insurance offerings, and 401k.

Skills and Requirements

• 10+ years of experience in Internal Audit within global financial services.
• Deep expertise auditing Custody, Asset Servicing, Securities Services, Trust Operations, or Post-Trade Operations
• Strong understanding of the custody operating model, including trade processing, settlement, asset servicing, corporate actions, and tax operations.
• Demonstrated ability to independently manage complex audits end-to-end rather than simply execute testing.
• Proven stakeholder management skills with the ability to influence senior leadership and build strong business relationships.
• Strong audit planning, risk assessment, control evaluation, and report-writing capabilities. Experience leveraging analytics, automation, or AI within the audit process.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected].