Overview Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family. PenFed is hiring a VP, Internal Audit Strategy & Compliance to work remotely. The Vice President, Internal Audit Strategy, Regulatory & Compliance Relations, and Emerging Risks is responsible for leading the strategic planning, development, and execution of the internal audit program. Reporting directly to the Chief Audit Executive, the VP serves as a subject matter expert in regulatory interactions, ensures comprehensive validation and oversight of corrective actions implemented by management to address regulatory findings, coordinates closely with Compliance, and proactively identifies and incorporates emerging risks into audit coverage strategies. **This role can be located anywhere in the United States** The anticipated starting salary range for this role is $180,841 to $276,086. This position is eligible for the organization’s annual Balanced Scorecard bonus subject to board discretion and approval . This position is also eligible for the opportunity for an annual Pay for Performance bonus . Responsibilities Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned. Direct the development, implementation, and continuous improvement of the Internal Audit Strategic Plan and associated initiatives, ensuring alignment with organizational objectives and regulatory requirements Serve as the primary Internal Audit liaison for regulatory interactions, facilitating clear communication, coordination, and responses related to regulatory examinations and inquiries. Lead validation processes to confirm timely and effective implementation of corrective actions taken by management to remediate regulatory findings. Provide expertise and strategic guidance on regulatory standards and expectations, proactively advising senior management on emerging trends and best practices. Monitor regulatory developments affecting the financial services industry, assessing impacts on audit strategies, and adjusting methodologies accordingly. Coordinate closely with the Compliance department to ensure consistent interpretation, application, and monitoring of regulatory requirements across audit and compliance functions. Provide subject matter expertise in key internal audits including model risk, credit risk, compliance, risk management, technology, and cybersecurity. Track emerging technologies, industry innovations, and other emerging risks, ensuring they are adequately identified, assessed, and integrated into the internal audit coverage strategy. Oversee issues management processes, working collaboratively across the three lines of defense to ensure issues are rated consistently rated, prioritized, and addressed in a timely and effective manner. Coordinate across the three lines of defense and represent Internal Audit in the design, implementation, and optimization of consistent Governance, Risk, and Compliance (GRC) technology and practices to enhance governance reporting and accountability. Partner closely with cross-functional senior leaders across risk management, compliance, legal, and operations to foster effective relationships and collaboration around regulatory compliance and audit matters. Oversee the preparation and presentation of audit strategy reports, findings, and key metrics to executive management and governance bodies, including the Board of Directors and Supervisory Committee. Qualifications Equivalent combination of education and experience is considered. Bachelor’s degree in accounting, Finance, Business Administration, Technology, Cybersecurity or a related field. Minimum of fifteen (15) years progressive experience in internal auditing, regulatory compliance, risk management, or related areas within the financial services industry. Minimum of five (5) years of related experience in a Director level role Demonstrated subject matter expertise in regulatory relations, examinations, enforcement actions, and remediation validation processes. Extensive knowledge of regulatory requirements applicable to financial institutions, including NCUA, FRB, OCC, CFPB, and FDIC guidance. Subject matter expertise in key financial services topics including but not limited to model risk, credit risk, compliance, risk management, technology, and cybersecurity. Strong knowledge of internal auditing standards Proven track record in developing and implementing audit strategies and improvement initiatives at large, complex financial institutions. Exceptional leadership, influencing, and communication skills with the ability to effectively manage relationships across diverse stakeholder groups, including senior executives, regulatory authorities and governance bodies. Strategic thinker with robust analytical skills and the ability to navigate complex regulatory landscapes effectively. Excellent organizational and time management skills, with the ability to prioritize and multitask effectively. Supervisory Responsibility This position will supervise employees. Licenses and Certifications CIA, CISA, CPA or other relevant professional designation (required). Work Environment While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise. *Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.* Travel Ability to travel to various worksites and be on-call may be required. About Us Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.9 million members and over $31 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam and Puerto Rico. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment Opportunity PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.