Job Description

Are you ready to be part of an organisation that values expertise, passion and diversity? At CFS we know that the foundation of our success lies in our exceptional people. We believe in celebrating individuality, have a passion for high performance and creating an environment where you can unleash your full potential. Our people enable us to make a difference and deliver exceptional experiences to help our customers achieve financial freedom.

Your Team
The Executive Director, Internal Audit leads the Internal Audit function at Colonial First State (CFS), providing independent, risk-based assurance to Boards and Audit & Risk Committees on governance, risk management, and internal controls. This role guides the Internal Audit strategy, supports compliance with regulatory obligations, and acts as a trusted partner to senior leadership, strengthening a culture of integrity and shared accountability. The Executive Director has full access to information, people, and processes in line with the CFS Internal Audit Charter.

This role reports functionally to the Board Audit & Risk Committees; administratively to Group Executive (Finance & Fund Services). The role leads a team of in-house internal Auditors and co-source service provider resources.

Your Responsibilities

Shape and deliver the Internal Audit strategy aligned to CFS’s risk appetite, and transformation agenda, maintaining independence and meeting regulatory and professional standards.

Guide and refresh the risk-based Audit Plan, securing Board and Committee alignment and ensuring coverage of emerging risks.

Partner across governance to work with Boards, ELT, regulators, External Audit, and Line 1 Risk and Line 2 Risk, coordinating assurance, reducing duplication, and strengthening the control environment.

Lead the function, overseeing team leadership (including co-sourced partners), managing budget and resource planning, and ensuring timely closure and validation of findings.

Elevate risk intelligence, monitoring regulatory change and embedding clear, practical insights into decision-making and major programs.

Foster an inclusive, supportive team culture, coaching diverse talent, encouraging collaboration, and driving continuous improvement through modern methodologies and tools.

Your Capability and Experience

Demonstrated experience leading audit functions in financial services with responsibility for Board-level reporting and strategic planning.

Strong understanding of internal control frameworks, IIA standards, and regulatory requirements, ensuring independence and fairness.

Skilled in managing complex audits and working closely with external auditors and risk teams to create cohesive assurance coverage.

Excellent communication and relationship-building skills to engage senior executives, Boards, and regulators effectively.

Ability to foster high-performing teams, support collaboration, and use technology and AI to enhance processes and outcomes.

What to Expect

At CFS, you'll be working among the very best in the wealth management industry. It's an inspiring environment that encourages development and celebrates success. Other things to look forward to:

Access to CFS Employer Super, which offers an expansive investment menu and flexible insurance solutions

Support with financial services, including discounts on home loans and daily bank accounts through our partnership with a leading financial institution

Access to 24/7 confidential support covering safety, medical and mental health services  

Additional leave day to celebrate your birthday

Life Leave - 3 days per annum to focus on your wellbeing or celebrate a special event

Exclusive discounts on retail, travel and entertainment

CFS Culture

At CFS we are committed to creating a thriving environment where individuals can flourish. We believe that success is built upon strong teams, and we are dedicated to celebrating uniqueness, championing individuality and supporting a diverse and inclusive workforce. We believe that when you can truly be yourself, you can unlock your full potential.

Apply today and join us in helping Australians to achieve their financial freedom.

Please note, CFS requires all candidates to have full work rights in Australia.

Where we have preferred candidates, background checks (including Police, Employment, Bankruptcy checks, ASIC banned and disqualified persons) will be completed prior to the final preferred candidate’s employment being confirmed. The outcomes of the background checks do not preclude the preferred candidate, however, they will be assessed against the inherent requirements of the role.

This role is based on Gadigal Land (Sydney).