Internal Audit Quality Assurance Specialist

At First Horizon, we are committed to upholding the highest standards of internal audit quality. To support this mission, we are seeking a highly skilled and experienced Internal Audit Quality Assurance Specialist to join our team. In this role, you will play a crucial role in ensuring the accuracy and effectiveness of our internal audit processes. As a member of our dynamic and collaborative team, you will have the opportunity to make a significant impact on our organization's overall success. We are looking for a detail-oriented and proactive individual who is dedicated to promoting excellence in internal audit practices. If you have a strong background in audit quality assurance and a passion for continuous improvement, we want to hear from you!

1. Conduct regular quality assurance reviews of internal audit processes and procedures to ensure compliance with industry standards and best practices.
2. Develop and implement quality assurance programs and initiatives to continuously improve the effectiveness and efficiency of internal audit practices.
3. Identify areas of improvement and provide recommendations for enhancing the overall quality of internal audit processes.
4. Collaborate with internal audit teams to provide guidance on quality assurance standards and requirements.
5. Monitor and evaluate the performance of internal audit activities to identify any potential risks or deficiencies.
6. Conduct comprehensive reviews of audit reports to ensure accuracy, completeness, and adherence to established standards.
7. Stay up-to-date on industry trends and changes in regulations related to internal audit quality assurance.
8. Communicate audit findings and recommendations to senior management and provide guidance on corrective actions.
9. Develop and maintain quality assurance documentation, including policies, procedures, and templates.
10. Train and mentor internal audit team members on quality assurance procedures and best practices.
11. Foster a culture of continuous improvement and quality excellence within the internal audit department.
12. Collaborate with external auditors and regulatory agencies to ensure compliance with audit quality standards.
13. Conduct periodic quality assurance self-assessments and report findings to senior management.
14. Participate in cross-functional projects and initiatives to enhance the overall effectiveness of the organization's operations.
15. Adhere to confidentiality and ethical standards in handling sensitive information related to internal audit processes.

According to JobzMall, the average salary range for a Internal Audit Quality Assurance Specialist in Memphis, TN, USA is $65,000 to $90,000 per year. However, this may vary depending on factors such as experience, education, and specific job responsibilities.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee.