Chief Audit Executive

Locations

Bedminster
500 Hills Dr
Suite 100
Bedminster, NJ 07921, USA

• On-site
• Executive
• Full-Time
• Requisition #: CHIEF002293

Description

Peapack Private Bank & Trust is a well‑recognized, high‑performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought‑after products and services that fulfill all of our clients’ needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy.

What makes Peapack Private different from our competition? We are an institution that’s over 100 years old that has always believed in putting the well‑being and needs of our employees and our clients first. We are proud to be recognized for the eight consecutive year, by American Banker as one of the ‘Best Bank to Work For’ across the nation. Our secret sauce in one word is our ‘culture’. We value a diverse, equitable, inclusive and safe workspace. Our one‑team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador Sub‑Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women – Leading Inspiring Females Together). Said quite simply, the culture is amazing!

Position Overview

Manages independent audits of operational processes and financial reporting in order to ensure regulatory compliance and that internal controls are appropriately designed and functioning as intended. Additionally, is responsible for providing assurance related advisory where appropriate and offering input and insights on controls to executive leadership. The results of audit operations are reported quarterly to the audit committee directly, and by extension, the board of directors.

Key Responsibilities

• Develops and maintains a risk‑based audit universe that is comprised of auditable entities designed to meet the assurance requirements of the entire organization. Additionally, manages the SOX testing program within the company and ensures coordination with the external auditor.
• Ensures that the Internal Audit group is maximizing the use of automated tools and processes to maximize the reach and of the audit function and the efficiency of the staff.
• Prepares quarterly reporting packages for the audit committee which presents the results of all audit activity as well as detailed analysis of issues identified including any trending and the status and aging of outstanding issues as well as progress on remediation.
• Is responsible for the overall direction of subordinate staff. Participates in interviewing, hiring and training activities. Plans, assigns, reviews, and directs work activities, addresses and resolves issues. Also, responsible for the professional development of the internal audit staff. This includes appropriate training, the pursuit of professional certifications and expanding their knowledge of the business and the banking industry.
• Manages document requests and interactions with regulators, external auditors and any other legal or assurance related third parties.

Key Behavioral Expectations

• Lead with agility and adaptability, navigating ambiguity, shifting priorities, and client needs with clarity and follow‑through.
• Demonstrate intellectual curiosity and continuous learning, using new information, feedback, and market insight to improve results.
• Use technology, automation, and emerging tools responsibly to improve efficiency, insight, and client service while protecting confidentiality and applying human judgment.
• Apply enterprise‑wide thinking and sound judgment, balancing client needs, risk discipline, profitability, and long‑term trust.
• Model white‑glove hospitality through personalized, proactive, and high‑touch experiences for clients, prospects, colleagues, and partners.

Qualifications

• 15+ years of experience in auditing and financial institutions; preferably within Banking institutions
• Bachelor’s degree, CPA and/or MBA highly desired
• Proficient in internal audit theory, standards, procedures, and techniques
• Ability to partner effectively and work as one team across all levels of the Bank
• Strong collaborator and skilled at building productive relationships with Bank colleagues and vendors
• Strong executive presence and sufficient knowledge of the banking industry to provide meaningful and business‑based recommendations to executive leadership.
• Significant experience with designing and delivering Board level presentations.
• Supervisory experience
• Experience with the financial reporting requirements of publicly traded organizations.
• Excellent verbal and written communication skills
• Proficient in Microsoft, Excel, and Word and data analytics, audit workflow software (e..g., Teammate, Optro, etc.)

Benefits Overview

We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.

The approximate pay range for this position is $275,000 to $300,000 plus an opportunity to earn performance‑based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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