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How much do bank internal audit director jobs pay per year?

As of Aug 22, 2026, the average yearly pay for bank internal audit director in the United States is $138,997.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,500.00 and $162,500.00 per year, depending on experience, location, and employer.

What is a bank internal audit director?

Bank Internal Audit Directors are senior professionals responsible for overseeing the internal audit function within a bank. They lead teams that assess the effectiveness of the bank’s internal controls, risk management, and governance processes. Their main duties include developing audit strategies, ensuring compliance with regulations, and reporting findings to executive management and the board. By identifying potential risks and recommending improvements, they help ensure the bank operates securely and efficiently.

What are the key skills and qualifications needed to thrive as a bank internal audit director?

To thrive as a Bank Internal Audit Director, you need deep knowledge of banking regulations, risk management, and auditing standards, typically backed by a bachelor's or master's degree in accounting, finance, or a related field and professional certifications like CPA, CIA, or CISA. Expertise with audit management software, data analytics tools, and familiarity with regulatory compliance platforms is crucial. Strong leadership, analytical thinking, and effective communication skills set outstanding candidates apart in this role. These capabilities are vital for ensuring regulatory compliance, safeguarding assets, and providing strategic insights to support the bank's organizational objectives.

What are some common challenges faced by a bank internal audit director, and how can they be effectively addressed?

A Bank Internal Audit Director often faces challenges such as staying up to date with evolving regulatory requirements, managing complex risk environments, and ensuring effective communication across departments. Addressing these challenges involves continuous professional development, leveraging technology for audit processes, and fostering a culture of transparency and collaboration within the audit team and with other divisions. Building strong relationships with both senior management and regulatory bodies is also essential to ensure audit findings are acted upon and compliance standards are met.

What is the difference between Bank Internal Audit Director vs Bank Internal Auditor?

AspectBank Internal Audit DirectorBank Internal Auditor
CredentialsCPA, CIA, or equivalent certifications often preferredSimilar certifications like CIA or CPA are common
Work EnvironmentOversees audit teams, strategic planning, and policy developmentPerforms detailed audit procedures and reports findings
ResponsibilitiesLeadership, risk assessment, and audit program managementExecuting audits, testing controls, and documenting results

The Bank Internal Audit Director typically holds a leadership role, focusing on strategy and oversight, while the Bank Internal Auditor handles the hands-on audit work. Both roles require similar certifications and work within the same industry environment, but differ in scope and seniority.

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Bank Internal Audit Director jobs near you
Infographic showing various Bank Internal Audit Director job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $138,997 per year, or $66.8 per hour.

DIRECTOR - INTERNAL AUDIT

Aultman Health Foundation

Canton, OH • Hybrid

Full-time

Re-posted 28 days ago

Job description

Position Summary

The Internal Audit Director is responsible for leading and managing the internal audit team to collaborate, assess and improve the organization's risk management, governance, and control processes. Key responsibilities include developing audit plans that address risks related to healthcare regulation and industry standards, overseeing and performing financial, operational, and compliance audits, supervising auditors, and communicating with senior leadership. This role also involves managing stakeholder relationships, creating and presenting reports, ensuring audit procedures are executed efficiently and accurately, and to oversee the implementation and effectiveness of corrective actions. The position reports to the Vice President Compliance, Privacy, and Internal Audit.

Department Summary

The internal audit department provides an independent, objective assurance and consulting function that is designed to add value to the organization by systematically evaluating the effectiveness, compliance, and efficiency of operations, policies and controls.

Qualifications

  • Bachelor’s degree in accounting, finance, business administration, healthcare administration, Health Information Management or a related field.
  • Certified Public Accountant (CPA) or Certified Internal Auditor (CIA)
  • 6 years of experience, with a significant portion in public accounting and/or the healthcare industry.
  • 3+ years of experience managing teams, preferably audit teams
  • Experience with healthcare-specific regulations, such as Medicare, Medicaid, and HIPAA.
  • Experience managing multiple audit engagements concurrently.

Skills

  • Proven ability to lead, coach, and develop audit teams and individuals.
  • Strong ability to analyze complex data to detect deficient controls, fraud, or non-compliance issues.
  • Exceptional verbal, written, and presentation skills to effectively communicate findings and recommendations to senior leadership
  • Adaptability to changing work environment or demands
  • Independent, self-starter
  • Detail oriented

Responsibilities & Expectations

  • Mentor and manage the team of internal auditors, including hiring, training, and evaluating performance.
  • Assess risks within Aultman’s operations and practices to prevent potential issues and recommend strategies to the VP Compliance, Privacy, and Internal Audit and Aultman management to mitigate them. This includes assessing the effectiveness of internal controls, governance, and risk management systems.
  • Responsible for the development and execution of the risk-based annual audit plan and budget by identifying and prioritizing audit areas. The annual audit schedule should utilize internal colleagues and external resources effectively to meet the department’s goals.
  • Apply effective project management to audit assignments in order to deliver work which meets quality standards, deadlines and the expectations of stakeholders.
  • Develop fieldwork schedules, priorities and detailed audit programs for achieving audit objectives and goals.
  • Update the VP Compliance, Privacy, and Internal Audit on the progress of the audit and any emerging issues during audit fieldwork.
  • Prepare clear, concise, and impactful audit reports to accountable managers, senior leaders that includes risk rated findings and recommendations.
  • Ensure sufficient audit evidence/workpapers are prepared and retained.
  • Responsible for tracking and overseeing all audit findings, management responses, and corrective action plans to confirm effective risk remediation.
  • Build effective business partnering and advisory relationships with senior management, while maintaining the independence and objectivity of self, team and the Internal Audit function.
  • Recommends changes to business processes and internal controls to mitigate risks and enhance efficiency.
  • Ensure audit methodologies align with professional standards (such as IIA standards) and help refine them over time.

Working Conditions

  • Salary, position - 40 hours/week
  • Hybrid/WFH schedule available
 

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