Shannon K. Woods
Dallas,TX
Summary
Qualified audit executive with proven track record or leading high-performing teams and driving strategic initiatives. Successfully managed large-scale audit projects and implemented innovative solutions to improve operational efficiency. Demonstrated expertise in operational, risk management, information technology, finance, investment banking, and wealth management audit activities within the financial services industry. Extensive experience in strategic planning and execution, ensuring alignment with operational goals. Skilled in employing analytical skills to identify risk and improve internal controls, board and committee reporting, strong knowledge of banking regulations, verbal and written communication skills, and project management consulting.
Overview
1
1
Certification
30
30
years of professional experience
Work History
Chief Audit Executive - Head of Internal Audit
Texas Capital Bank
Dallas, TX
05.2017 - 09.2025
- Managed and directed the activities of the Internal Audit function including the design, implementation and continuous improvement of the enterprise-wide audit program.
- Responsible for assisting the Audit Committee of the Board of Directors in fulfilling oversight responsibilities by evaluating the design, effectiveness, and efficiency of the firm’s internal controls. Presented audit plans, summaries, and significant issues to the Audit Committee and regulatory agencies.
- Directed simultaneous audits ensuring timely, comprehensive, and high-impact reporting.
- Served as secretary of the Audit Committee. Set the Audit committee meeting agendas, drafted meeting minutes, and created readouts for the Board of Directors. Ensured the Audit Committee met duties outlined in the charter by recording duties in a Committee Responsibilities Matrix.
- Consulted with management to enhance governance, risk management, internal control and compliance processes within the organization.
- Planned and directed risk-based financial, operational, IT, and compliance audits and Sarbanes Oxley testing with a focus on process improvement and control rationalization.
- Worked with executive and functional management to coordinate responses and develop action plans, as necessary, to address deficiencies and/or recommendations identified by internal audit, external audit, and regulatory examinations.
- Championed transformation initiatives across the firm and enhanced audit processes, coverage, and stakeholder value to align with firm-wide and internal audit strategic plans.
- Served on the Texas Capital Foundation Board as secretary for a three-year term. Set meeting agendas, sent notices to board members and stakeholders, and organized meetings.
- Managed the Internal Audit department’s Quality Assurance and Improvement Program to ensure full compliance with the Institute of Internal Auditors Standards.
- Appraised senior management and the Audit Committee of corporate culture by reporting the Firm’s Whistleblower Hotline activity and managing the annual review and approval of the Code of Business Conduct and Ethics policy.
Assistant Director of Internal Audit
Texas Capital Bank
Dallas, TX
02.2013 - 05.2017
- Re-engineered the audit function by upgrading talent, processes, methodology, and technology resulting in improved audit efficiency and effectiveness.
- Communicated risk and control perspectives on firm sponsored projects and initiatives. Influenced improvements to risk management capabilities including risk convergence, reporting, and issue management.
- Managed the completion of the annual audit plan.
- Prepared and presented reporting to the Risk Management, Regulatory Compliance, and Audit Committees.
- Developed a semi-annual training program to enhance the knowledge and skill set of the internal audit team, external co-sourcing consulting firms, and risk stakeholders across the firm.
- Mentored junior staff, fostering professional growth and enhancing team performance.
- Collaborated with senior leadership to align departmental goals with corporate objectives.
Audit Manager - Vice President
Texas Capital Bank
Dallas, TX
12.2008 - 02.2013
- Led audit engagements, ensuring compliance with regulatory standards and internal policies.
- Developed and implemented workpaper and reporting standards and audit programs and procedures.
- Developed and implemented the audit risk assessment, used for evaluating inherent and residual risk across the firm.
- Prepared and presented audit status reports, annual audit plan, and risk assessment to the executive and board committees.
- Monitored offshoring initiatives to ensure that controls were properly applied and concentration risks were mitigated.
- Mentored junior auditors, fostering professional growth and enhancing team performance.
Audit Manager – Vice President
JPMorgan Chase Bank
Dallas, TX
11.2000 - 11.2008
- Managed business and information technology audits, drafted audit reports, and communicated results to management.
- Monitored and evaluated performance and risk metrics to identify trends and underlying control gaps.
- Provided feedback, coaching, and training to staff related to professional development.
- Provided risk-based analysis on projects, conversions, new products, and business initiatives.
- Provided guidance to management in the development of Sarbanes Oxley testing.
Audit Officer - Assistant Vice President
JPMorgan Chase Bank
Dallas, TX
04.1998 - 11.2000
- Conducted comprehensive audits to ensure compliance with regulatory standards and internal policies.
- Prepared risk assessments for internal banking groups.
- Developed audit plans and procedures to enhance operational efficiency and risk management practices.
- Developed and implemented a program of continuous auditing coverage.
- Received a corporate award as recognition for work on a year-long corporate trust reconciliation project.
Audit Officer
JPMorgan Chase Bank
Dallas, TX
04.1995 - 04.1998
- Performed substantive and compliance testing for business, trust, and information technology audits.
- Evaluated compliance with corporate information technology standards.
- Consistently met internal standards and completed audit projects within budget.
Education
Bachelor of Business Administration - Accounting
Jackson State University
Skills
- Interpersonal skills
- Executive leadership
- Client-oriented
- Problem resolution
- Program development
- Strategic planning
- Board level communication and reporting
Certification
- Certified Financial Services Auditor (CFSA)
- Certified Fiduciary Investment Risk Specialist (CFIRS)
- Certified Regulatory Compliance Manager (CRCM)
- Certification in Risk Management Assurance (CRMA)
- Executive Board Member, The Senior Source
- Leadership ISD Class of 2018
- Charter Member, Northeast Dallas Chapter of Jack and Jill of America, Inc.
- Founding Member, The Village Giving Circle of the Communities Foundation of Texas
Timeline
Chief Audit Executive - Head of Internal Audit
Texas Capital Bank
05.2017 - 09.2025
Assistant Director of Internal Audit
Texas Capital Bank
02.2013 - 05.2017
Audit Manager - Vice President
Texas Capital Bank
12.2008 - 02.2013
Audit Manager – Vice President
JPMorgan Chase Bank
11.2000 - 11.2008
Audit Officer - Assistant Vice President
JPMorgan Chase Bank
04.1998 - 11.2000
Audit Officer
JPMorgan Chase Bank
04.1995 - 04.1998
Bachelor of Business Administration - Accounting
Jackson State University