Ep 191: Modern Day Audit Leadership w/ Dave Malcom

Ep 191: Modern Day Audit Leadership w/ Dave Malcom

This week, our guest is Malcom, Former Senior Vice President and Managing Director for Internal Audit Digital Transformation and Data Analytics at Northern Trust. Dave recounts his mid-40s retirement journey and his subsequent decision to return with the desire to help internal auditors in his organization.

In this episode, he reveals his approach to establishing an internal audit department, discusses the expected duties of the audit committee, and underscores the credibility boost through the strategic use of data analytics to identify outliers.

Be sure to connect with Dave on LinkedIn.

Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok.

Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.

Timecodes:

5:28 - Coming Out of Retirement

9:10 - The Impact of Generative AI

10:28 - The Importance of Investing in Data Analytics

13:58 - Data Literacy

16:21 - How to Make your Audit Department Better

19:23 - What to Expect from the Audit Committee

27:27 - How to Achieve Quantitative Risk Assessments

31:00 - Final Thoughts

*

This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

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Ep 270: How to Have Real Conversations as an Audit Leader w/ Jason Mefford

Ep 270: How to Have Real Conversations as an Audit Leader w/ Jason Mefford

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Ep 269: What's on the Minds of Boards in 2026 w/ Patrick Niemann (EY)

This week on The Audit Podcast, we're joined by Patrick Niemann, Partner and Leader of EY's U.S. Center for Board Matters.   Pat brings a unique perspective shaped by decades of working directly with...

6 Jan 35min

IA on AI - Happy Holidays

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24 Dec 20257min

Holiday Giveaway from The Audit Podcast 2025

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To wrap up the year, Trent Russell is giving away a copy of Getting Ready to Roar: A Chief Auditor's Guide from Audit Room to Boardroom by Navin Pasricha—a book he believes every auditor should have ...

23 Dec 20256min

IA on AI – Keep AI browsers out of your enterprise

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Links: Keep AI browsers out of your enterprise, warns Gartner OpenAI warns new models pose 'high' cybersecurity risk   Be sure to follow us on our social media accounts on: LinkedIn: https://www.lin...

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Ep 268: Blooper Reel 2025

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Ep 267: Eric Wilson Interviews Trent Russell (Part 2)

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This week on The Audit Podcast, there's a new host in town… and it's not me. Eric Wilson steps in and leads a reverse interview where I finally take a turn as the guest.   Be sure to connect with Er...

9 Dec 202520min

Ep 266:  Eric Wilson Interviews Trent Russell (Part 1)

Ep 266: Eric Wilson Interviews Trent Russell (Part 1)

This week on The Audit Podcast, there's a new host in town… and it's not me. Eric Wilson steps in and leads a reverse interview where I finally take a turn as the guest.   Be sure to connect with Er...

2 Dec 202537min

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