AVP, Internal Audit Quality Assurance
LPL Financial · Fort Mill, United States +1 · 1d ago
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The AVP, Internal Audit Quality Assurance Lead is a key member of the Internal Audit Professional Practices team and reports to the Head of Professional Practices. This role is responsible for supporting and enhancing the department's Quality Assurance and Improvement Program (QAIP) through independent assessments of audit activities, adherence to Internal Audit Standards, methodology compliance, and audit quality. The AVP will leverage a combination of professional judgment, data analytics, and AI-enabled quality review capabilities to evaluate audit workpapers, reports, and supporting documentation; identify opportunities for continuous improvement; and promote consistency across the audit lifecycle. In partnership with audit teams and department leadership, this position will provide constructive feedback, identify thematic trends, develop quality-related insights, and help drive innovation in audit quality assurance practices.
The role will serve as a trusted advisor to audit teams while helping advance Internal Audit's strategic objectives through the use of scalable, technology-enabled quality review processes that strengthen audit effectiveness, expand quality coverage, and support continuous improvement. The position plays a critical role in establishing and sustaining an internal, AI-enabled quality assurance model that enhances audit quality, operational excellence, and alignment with Internal Audit objectives, regulatory expectations, and industry best practices.
Responsibilities:
Quality Assurance Reviews
- Conduct independent quality reviews of audit engagements using manual and AI-enabled techniques to assess conformance with standards, methodology, and regulatory expectations.
- Evaluate planning, risk assessment, testing, reporting, issue management, and documentation for quality, consistency, and completeness.
- Partner with audit teams to resolve observations and promote high-quality, risk-focused audit deliverables.
Quality Assurance & Improvement Program (QAIP)
- Support execution and continuous enhancement of the QAIP, including internal and external assessments.
- Leverage AI, automation, and thematic analysis to identify trends, root causes, emerging risks, and improvement opportunities.
- Maintain and enhance audit methodologies, templates, guidance, and quality review procedures.
Reporting, Analytics & Insights
- Develop and maintain quality metrics, dashboards, and reporting for Internal Audit leadership.
- Analyze review results using data analytics and AI to identify trends, performance indicators, and quality risks.
- Prepare executive reporting on audit quality, QAIP performance, and continuous improvement initiatives.
Coaching, Training & Stakeholder Engagement
- Provide timely, actionable feedback and coaching on methodology, documentation standards, audit best practices, and AI-enabled auditing techniques.
- Partner with Professional Practices leadership to advance quality, consistency, and continuous improvement across the audit lifecycle.
- Deliver training and knowledge-sharing initiatives that strengthen audit capabilities and foster a culture of quality and innovation.
Technology, Data Analytics & Innovation
- Evaluate and refine AI-assisted review processes, prompts, workflows, and automation opportunities.
- Establish controls and validation procedures to ensure AI-generated outputs are reliable, explainable, and aligned with audit standards.
- Support Internal Audit innovation, operational excellence, and technology-enabled transformation initiatives, including special projects and continuous improvement efforts.
What are we looking for?
We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.
Requirements:
- Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems, or a related field required; MBA or advanced degree preferred.
- Professional certification required, including one or more of the following: CIA, CPA, CISA, CISSP, or PMP.
- Minimum of 8 years of Internal Audit, Quality Assurance, Risk Management, Compliance, or related financial services experience.
- Working knowledge of broker-dealer operations, regulatory requirements, and risk and control frameworks.
- Working knowledge of The Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF), Internal Audit Standards, and Quality Assurance and Improvement Program (QAIP) requirements.
- Experience performing audit quality reviews, methodology assessments, or other quality assurance activities preferred.
- Experience utilizing data analytics, automation, and AI-enabled tools to enhance audit quality, efficiency, and effectiveness.
- Ability to evaluate and apply professional judgment to AI-generated insights, observations, and quality review outputs.
Core Competencies:
- Analytical, critical thinking, communication, and stakeholder management skills, with the ability to effectively communicate complex risk and control concepts.
- Demonstrated ability to influence, coach, and collaborate with stakeholders at all levels of the organization while maintaining independence and objectivity.
Preferences:
Specifically, it is preferred that the candidate has experience in the following areas:
- Experience working within a broker-dealer, wealth management, banking, or other highly regulated financial services environment.
- Big Four public accounting or consulting experience preferred.
- Experience supporting internal or external quality assessments and continuous improvement initiatives.
- Experience developing audit methodologies, quality review frameworks, guidance, or training programs.
- Demonstrated ability to identify root causes of audit quality issues and recommend practical, sustainable improvements.
- Experience analyzing quality review results and identifying thematic trends, emerging risks, and process improvement opportunities.
- Experience designing, testing, or implementing AI-enabled quality review use cases, workflows, or automation solutions.
- Familiarity with audit management systems, advanced analytics tools, and emerging technologies supporting Internal Audit activities.
- Proven ability to build effective relationships and collaborate with audit teams, business partners, risk functions, regulators, consultants, and other assurance providers.
- Experience supporting executive-level reporting and communicating quality-related insights to senior leadership.
Pay Range:
$103,721.00 - $172,834.00Company Overview:
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.
At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.
For further information about LPL, please visit www.lpl.com.
Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.
Information on Interviews:
LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.
EAC 5.19.26