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VP - Internal Audit

BANK INDEPENDENT

Muscle Shoals, AL 35661 • 9/29/2026

Accounting / Finance , Professional

Job Description

Job Description
Position Summary

This position is not remote. It does require 40 hours in the office at our BI Team Campus, located in Muscle Shoals, AL.

The VP – Internal Audit provides independent, objective assurance and advisory services designed to strengthen the Bank’s risk management, internal controls, governance, and operational effectiveness.

This role exists to protect the Bank, its customers, and its stakeholders by ensuring that risks are appropriately identified, monitored, and managed, and that internal controls operate effectively in a safe and sound manner.

The VP – Internal Audit serves as a trusted advisor to executive leadership and the Board, while maintaining independence, fostering accountability, and promoting a culture of integrity, transparency, and continuous improvement.

Essential Duties and ResponsibilitiesIndependent Audit Function Leadership
  • Leads Internal Audit in accordance with IIA standards and regulatory expectations.
  • Maintains independence and objectivity with functional reporting to the Audit Committee.
  • Develops and executes a risk-based audit plan across all areas of the Bank.
Risk Assessment & Audit Planning
  • Performs enterprise risk assessments to identify audit priorities.
  • Aligns audit plan with strategic and regulatory risk factors.
  • Adjusts plans for emerging risks.
Audit Execution & Reporting
  • Oversees audits ensuring quality testing and documentation.
  • Evaluates effectiveness of internal controls and governance.
  • Reports findings with clear risk implications and recommendations.
Issue Tracking & Remediation
  • Tracks audit findings and corrective actions.
  • Validates remediation effectiveness.
  • Escalates unresolved issues appropriately.
Regulatory Coordination
  • Coordinates with regulators and external auditors.
  • Ensures audit practices meet regulatory expectations.
  • Validates compliance with laws and policies.
Governance & Board Engagement
  • Serves as liaison to Audit Committee.
  • Provides reporting on audit results and risk exposures.
  • Advises on governance and emerging risks.
Audit Team Leadership
  • Develops and leads audit team.
  • Ensures training and professional development.
  • Promotes accountability and continuous improvement.
Leadership Expectations
  • Leads with integrity, objectivity, and courage.
  • Builds trust through transparency and consistency.
  • Communicates findings with clarity and respect.
  • Maintains independence while collaborating effectively.
  • Demonstrates humility and continuous improvement.
  • Holds self and others accountable for control effectiveness.
Core Competencies

Purpose & Stewardship: Understands the role of audit in protecting the Bank.

Ownership & Judgment: Exercises independent judgment in risk evaluation.

Influence & Executive Presence: Communicates effectively with executives and Board.

Team Health & Collaboration: Encourages open dialogue and challenge.

Servant Leadership & Development: Develops staff and supports organizational success.

Trust & Performance Discipline: Maintains high standards of audit quality.

Qualifications
  • Bachelor’s degree in Accounting, Finance, or related field required (Master’s preferred).
  • CPA, CIA, or equivalent certification preferred.
  • 10+ years of audit, accounting, or risk experience in financial services.
  • Strong knowledge of banking regulations and internal controls.
Working Conditions and Physical Requirements

The physical demands described here are representative of those required to perform the essential functions of this position.

  • Ability to remain stationary for extended periods.
  • Ability to operate standard office equipment.
  • Ability to communicate effectively with candidates, team members, and leadership.
  • Occasional travel to sales offices or operational locations may be required.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions in accordance with the Americans with Disabilities Act (ADA).

FLSA Classification Statement

This position is classified as Exempt under the Fair Labor Standards Act (FLSA) and is not eligible for overtime compensation.

Why This Role Matters to the Bank

The VP – Internal Audit safeguards the Bank’s integrity, regulatory standing, and operational effectiveness. This role strengthens risk management and builds confidence among regulators, the Board, and stakeholders.

Disclaimer

This job description is intended to describe the general nature and level of work performed by the individual assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Management reserves the right to modify duties or assign additional responsibilities as business needs require.