Deputy Director, Internal Audit

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.  HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.   

Area of Talent:    Internal Audit/Affordable Housing

Position Type:     Full Time/Exempt

Salary Range:      $140,000 to $150,000

Office Location:  NYC/Financial District

Position Summary:

The Deputy Director of Internal Audit is a leadership role responsible for co-developing and executing the risk-based internal audit plan; performing and overseeing financial, operational, compliance, and IT audit engagements; and strengthening governance, risk management, and internal control across the organization. The role provides day-to-day leadership to Internal Audit staff, manages external audit resources where needed, and serves as a key liaison to senior leadership and the Audit Committee.

This role reports to the Chief Risk Officer.

Job Responsibilities:

• Annual Risk Assessment & Audit Plan: Lead or co-lead the annual risk assessment; develop and maintain a dynamic, risk-based Internal Audit plan that incorporates assurance and advisory work and supports senior leadership and Audit Committee oversight.
• Engagement Delivery: Plan, execute, and review audits covering financial, operational, compliance, IT/cyber, and specialized areas; ensure sufficient, relevant evidence and well-documented workpapers supporting conclusions and recommendations.
• Reporting & Governance: Present audit results and periodic updates to management and the Audit Committee; prepare clear, actionable audit reports with agreed remediation and follow-up.
• Quality Program & Standards: Maintain Internal Audit’s Quality Assurance and Improvement Program (QAIP) and drive conformance with the IIA IPPF/Standards; plan and coordinate external quality assessments (QAR) on the required cycle.
• Issue Tracking & Follow-Up: Oversee timely remediation tracking; perform follow-up reviews to validate that management actions address root causes and control gaps.
• Continuous Monitoring & Analytics: Expand the function’s use of data analytics and continuous monitoring where appropriate to improve audit coverage and insight.
• Resource Management & Coaching: Supervise and develop junior auditors; set clear expectations, review work, and provide coaching, training, and performance feedback. Manage vendors/outsourcers when engaged.
• Policy & Compliance Alignment: Ensure audits consider applicable internal policies and relevant professional/government auditing standards; partner with key internal departments on control improvements.
• Special Projects/Advisory: Lead or participate in management-requested advisory engagements and special projects that enhance processes, data integrity, and organizational effectiveness. 

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems, or a related field.
• 7–10+ years of progressively responsible internal audit (or closely related) experience, including leading complex audits and presenting to senior stakeholders.
• Supervisory experience managing auditors and reviewing audit workpapers and reports.
• Solid knowledge of internal control frameworks and the IIA Standards/IPPF; familiarity with applicable Government Auditing Standards for public-sector work.
• Exceptional written and verbal communication skills, including the ability to craft concise, actionable reports and present to senior leadership and the Audit Committee.
• Strong data analytical skills used in continuous monitoring and audit context.
• Proficiency with Microsoft Excel, Word, PowerPoint, Outlook and audit management and documentation tools (OpsAudit would be a plus).

Preferred Qualifications

• Professional certifica