Senior Director, Internal Audit

Location: US, Remote

Our Team:

Semtech Corporation is a leading global supplier of high-performance analog and mixed-signal semiconductor products and advanced algorithms. We serve the world's most innovative companies in the consumer, communications, computing, industrial, and automotive markets. Our mission is to enhance the way people experience the world by delivering innovative and reliable technology solutions.

Job Summary:

Semtech Corporation is seeking a highly experienced and dynamic individual to join our team as the Senior Director of Internal Audit. The Senior Director will lead the Internal Audit function, overseeing all aspects of the internal audit process, including risk assessment, audit planning, execution, and reporting. This role reports directly to the Audit Committee of the Board of Directors and works closely with senior management to enhance the effectiveness of internal controls, risk management, and governance processes.

Responsibilities:

• Audit Leadership: Provide strategic direction and leadership for the Internal Audit function, including the development and implementation of annual audit plans, policies, and procedures.

• Risk Assessment and Mitigation: Lead the identification, assessment, and prioritization of key risks facing the organization. Develop risk-based audit plans and initiatives to address identified risks and strengthen internal controls.

• Audit Planning and Execution: Direct and oversee all phases of the audit process, including planning, fieldwork, testing, and reporting. Ensure audits are conducted efficiently, in accordance with professional standards, and within established timelines.

• Internal Controls Evaluation: Assess the design and operating effectiveness of internal controls across various business processes and functions. Identify control deficiencies and collaborate with management to implement remediation plans.

• Compliance Monitoring: Monitor compliance with laws, regulations, and corporate policies. Stay abreast of regulatory developments and industry trends to ensure audit processes remain aligned with best practices and standards.

• Stakeholder Communication: Communicate audit findings, recommendations, and insights to senior management, the Audit Committee, and other key stakeholders. Prepare clear and concise audit reports and presentations that effectively convey the results of audit activities.

• Talent Development: Build and develop a high-performing internal audit team. Provide coaching, mentoring, and professional development opportunities to enhance the skills and capabilities of audit staff.

• Continuous Improvement: Drive continuous improvement initiatives within the Internal Audit function. Identify opportunities to streamline audit processes, leverage technology, and enhance the value proposition of internal audit services.

Minimum Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field. Advanced degree (e.g., MBA, CIA, CPA) preferred.

• Minimum of 10 years of progressive experience in internal audit, with at least 5 years in a leadership role.

• Strong knowledge of internal audit principles, practices, and methodologies. Familiarity with COSO framework and IIA standards.

• Proven track record of effectively leading and managing internal audit teams in a complex, global organization.

• Excellent communication and interpersonal skills, with the ability to interact confidently with senior executives and board members.

• Strategic thinker with the ability to assess risk, think analytically, and provide valuable insights and recommendations.

• Demonstrated ability to drive change, foster a culture of continuous improvement, and deliver results in a dynamic environment.

Career Growth Philosophy:

At Semtech, we seek innovation and leadership from each and every member of our team. Our goal is to ensure that our talented professionals are equipped with support, resources, and the opportunity to excel. Our pay-for-performance philosophy provides recognition and prestige coupled with a competitive compensation package.

The intent of this job description is to describe the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform job-related tasks other than those specifically included in this description.

All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.

We are proud to be an EEO employer. We maintain a drug-free workplace.

A reasonable estimate of the pay range for this position is $168,000 - $264,000. There are several factors taken into consideration in determining base salary, including but not limited to: job-related qualifications, skills, education and experience, as well as job location and the value of other elements of an employee's total compensation package.