VP of Internal Audit

Description

• Lead and oversee the company’s Quality Control and Internal Audit functions, ensuring effective execution of audit plans, quality reviews, and risk management initiatives.
• Manage and develop a team of Quality Control professionals, including onshore and offshore resources, ensuring proper workload management, performance expectations, and operational efficiency.
• Oversee Internal Audit operations, including coordination of onshore and offshore audit resources, to ensure comprehensive risk assessments and audit coverage.
• Develop, administer, and maintain a multi-year rotational internal audit plan aligned with company strategy, priorities, and risk assessments.
• Plan and execute operational, financial, compliance, and quality control audits using a risk-based methodology; define audit scope, test controls, and develop actionable recommendations to improve processes.
• Ensure QC reviews, audit fieldwork, testing, and evidence gathering are thorough, accurate, and support audit conclusions.
• Draft impactful audit reports, presenting findings, trends, and recommendations clearly and concisely to executive leadership and the Audit Committee.
• Conduct remediation procedures to ensure identified QC and audit findings are addressed appropriately and completed on schedule.
• Assist with regulatory compliance, and other investor, agency, and regulatory requirements.
• Perform ad hoc investigations, special reviews, and quality assessments as requested by management or the Audit Committee.
• Function as a liaison during regulatory examinations and coordinate with external auditors, investors, and third-party review teams as needed.
• Provide strategic guidance to management on process improvements, internal controls, loan quality, and risk mitigation opportunities.
• Evaluate and enhance internal controls, governance, QC processes, and operational procedures across Non-QM wholesale mortgage operations.

Requirements

• 8+ years of auditing, quality control, compliance, or finance experience, including leadership experience within financial services, mortgage lending, or wholesale mortgage organizations; 10+ years preferred for VP level.
• Strong understanding of Non-QM mortgage products, wholesale lending operations, Quality Control requirements, and regulatory expectations.
• Proven experience managing QC and/or Internal Audit teams, including distributed onshore and offshore resources.
• Experience conducting risk assessments, scoping audits, performing control testing, managing remediation, and presenting findings to executive leadership.
• Familiarity with compliance, regulatory exams, and financial services regulations (e.g., TILA/TRID, RESPA, UDAAP, AML) preferred.
• Exceptional leadership, communication, quantitative, qualitative, analytical, and problem-solving skills.