Senior Director - Internal Audit
Principal Financial Group
- Location
- Des Moines, Iowa
- Employment
- Full Time
- Work model
- On-Site
- Level
- Staff
- Salary
- $157k – $213k/yr
About this role
What You'll Do
We’re looking for a Senior Director to join our Internal Audit & Risk Consulting team. In this role, you’ll provide executive leadership for Internal Audit coverage of one or more core businesses, enterprise functions, regions, or regulated legal entities. As a direct report to the Chief Internal Auditor, the Senior Director shares accountability for the strategy, performance, quality, operating effectiveness, talent, and sustained credibility of the Internal Audit function. The role converts enterprise strategy, business and regulatory developments, and emerging risk into a dynamic portfolio of independent assurance and advice; delivers clear audit opinions and enterprise insight; and exercises significant judgment and delegated authority in matters affecting executives, boards, regulators, and the company’s control environment. For assigned businesses or legal entities, serves as the senior Internal Audit executive and delegated representative of the Chief Internal Auditor, with direct access to and interaction with subsidiary boards, board and management committees, executive leadership, external auditors, and regulators, as applicable. You'll have the opportunity to: Strategic Leadership, Functional Direction & Audit Planning Set and execute multi-year strategy for the assigned portfolio and materially contribute to the strategy, operating model, priorities, performance measures, budget, workforce plan, and transformation agenda of the overall Internal Audit function. Own the risk assessment and audit-planning process for the assigned portfolio, integrating enterprise and business strategy, regulatory expectations, business change, data, stakeholder perspectives, and current and emerging risks. Translate strategy into clear functional priorities, operating decisions, capability investments, and measurable outcomes; lead department-wide initiatives and make decisions for the long-term effectiveness of Internal Audit, not solely the assigned portfolio. Determine and continually recalibrate the nature, timing, scope, sequencing, and resourcing of assurance and advisory coverage as risk conditions and strategic priorities change. Identify cross-business themes and systemic risks, connect insights across portfolios, and elevate matters that warrant enterprise action or attention. Audit Portfolio Accountability, Quality & Production Hold end-to-end executive accountability for the relevance, quality, timeliness, throughput, and impact of a high-volume portfolio of audit opinions and advisory work, including complex, cross-business, technology-enabled, and regulatory engagements. Exercise final review and approval authority delegated by the Chief Internal Auditor for engagement scope, risk and control assessments, significant judgments, issue ratings, reports, audit opinions, and escalation decisions. Ensure work conforms with the Global Internal Audit Standards, the Internal Audit Charter, department methodology, quality expectations, and applicable legal or regulatory requirements. Drive reliable execution of the audit plan through direct and indirect leadership: anticipate risks to planned engagements and opinion delivery; balance priorities and capacity; deploy and redeploy talent and external resources; resolve quality or schedule barriers; align stakeholders; and hold leaders accountable for production, without compromising independence, objectivity, or professional judgment. Board, Regulatory & Executive Accountability Serve as the primary Internal Audit relationship leader for assigned executive teams and, where designated, subsidiary boards and board or management committees—including audit, fiduciary, risk, compliance, governance, finance, and other committees relevant to the assignment. Provide clear, candid, and forward-looking reporting on the audit plan, significant risks, control themes, audit opinions, issue remediation, Internal Audit performance, and the adequacy of governance, risk