Non-QM + CDFI Wholesale Lender. We live to serve the underserved!
VP of Internal Audit
Location
United States
Posted
6 days ago
Salary
0
Seniority
Lead
Job Description
VP of Internal Audit
Champions Funding LLC
• 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.
Job 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.
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