Description

You will lead the Internal Audit function for Affirm Bank, an Industrial Loan Company (ILC) in organization, reporting to the Bank's Audit Committee. Your role includes developing a risk-based audit program from inception, overseeing audit execution, and ensuring regulatory compliance. This is a critical leadership position during the de novo phase and beyond, shaping the bank's governance and control environment.

Requirements

• Minimum 10 years of internal audit, risk management, or control experience in a regulated banking environment.
• Proven experience establishing or leading an internal audit program for an FDIC-supervised institution.
• Strong understanding of lending-sponsorship banking, consumer deposits, and preferably experience with an ILC.
• Knowledge of FDIC examination processes and interagency audit guidance preferred.
• Exceptional integrity, judgment, and attention to detail.

Responsibilities

• Establish and maintain a comprehensive, risk-based internal audit program aligned with strategy and regulatory requirements.
• Lead audits across key functional areas, evaluating effectiveness of internal controls, risk management, and governance.
• Report directly to the Audit Committee, providing updates on audit results, trends, and emerging risks.
• Collaborate with executive management to advise on control design and efficiency while maintaining audit independence.
• Design and document the Internal Audit framework for de novo application and pre-opening activities.