Senior Managing Director for Corporate Functions, Head of Audit Practices and Operations

Senior Managing Director for Corporate Functions (Enterprise Risk Management, Legal Compliance, Chief Administrative Office, Human Resources, Marketing and Communications) and Head of Audit Practices and Operations

 

The Senior Managing Director for Corporate Functions and Head of Audit Practices and Operations is a critical leadership role within the Internal Audit Group. Reporting directly to the Chief Auditor, the Senior Managing Director for Corporate Functions is responsible for designing and executing comprehensive audit coverage strategy for all Corporate Functions globally, including Enterprise Risk Management, Legal, Compliance, Chief Administrative Office, Human Resources, Marketing and Communications. This role oversees and leads the planning and execution of annual audits, quarterly control maturity assessments, change activities, and provides updates on Corporate Functions for Audit Committee reporting.  In addition, as Head of Audit Practices and Operations this role is responsible for supporting the Chief Auditor in managing operations and strategic initiatives of the Internal Audit function, including Audit Methodology, Quality Assurance, Strategic Planning, Reporting, Cost Management, and Learning and Development to drive innovation, operational excellence, and continuous improvement across a globally diverse team.

 

 

Specific Responsibilities Include:

• Apply critical thinking to globally lead the full audit lifecycle (risk assessment, planning and scoping decisions, testing, issue closure validation, audit opinion and reporting) for a portfolio of audit engagements across Corporate Functions to understand the stakeholder’s business, systems, operating strategy and critical processes.

• Engage effectively with a broad range of executive and senior level internal stakeholders to ensure audit coverage is focused on key risks and controls.

• Represent Internal Audit Group in relevant steering groups, providing a proactive risk view and insights to add value while maintaining independence.

• Stay abreast of internal and external changes in Corporate Functions and risk environments while leading and directing a team of highly experienced and qualified professional auditors.

• Communicate results of audits/projects to the executive leadership team. Ensure that audit results reflect value-added recommendations, process improvements, ways to strengthen internal controls and compliance with company policies and procedures, and assessments of business objectives and results.

• Serve as escalation point with stakeholders throughout the audit lifecycle.

• Assist the Chief Auditor in developing and executing the strategic plan for operational excellence and continuous improvements in Internal Audit Group, ensuring alignment with AIG’s strategy and priorities.

• Set strategy for and monitor the operations of Internal Audit Group, including efficient resource management, project management, cost management, and key performance indicators.

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• Proactively and continuously learn, develop, and introduce improved ways of doing things, both to stakeholders in development of solutions to problems, as well as to IAG practices (e.g. the use of data analytics, automation, and Agile audit methodology).

• Identify emerging trends, tools and best practices.

• Interact with regulators for regulatory examinations, status updates and other queries, as needed.

• Provide guidance and direction for audit staff in developing knowledge of business processes and audit methodology, and enthusiastically facilitate knowledge exchange/transfer to further the development of the wider IAG team.

• Contribute to AIG’s talent pipeline by conducting skills assessment, providing coaching and stretch assignments, and building  bench strength and successors at all levels.

• Limited travel may be required.

Job Requirements:

• Bachelor’s degree in Accounting, Finance or business-related field required; advanced degree preferred

• 15+ years of progressive audit experience in Insurance and/or financial services industry, preferably with a large public traded financial services firm, with strong strategic and operational management skills.

• Experience in leading global audit coverage strategy for Enterprise Risk Management, including Third Party Risk Management , in Insurance and/or Financial Services industry.

• Three or more years of experience in leading managers, including team development and performance management.

• Experience in leading a geographically dispersed internal audit team.

• Critical thinking and strong analytical and project management skills, with the ability to prioritize multiple priorities, offer pragmatic solutions, make decisions independently, and drive to impactful results in a complex global environment.

• Excellent communication and relationship management skills, with the ability to influence and effect change at senior levels

• Professional certifications such as CPA and/or CIA.

• Strong broad-based knowledge of internal audit industry standards and best practices.

• Proficient in making presentations to executives, Audit Committee, audit professionals, external auditors and regulators.

• Possess business acumen and technical skills with ability to resolve and communicate key issues at senior levels; be viewed as a credible advisor.

• Proactive thought process, with an ability to foresee potential risks.

• Comfortable building relationships and able to coach, motivate and inspire both junior and senior staff.

• Strong working knowledge of MS Office, Excel, Word, Access and PowerPoint

The base salary range for this position is $240,000 - $300,000 in New York. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

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