Karla Munden

Karla Munden

Chief Audit Executive | Lincoln Financial Group | Independent Director | Audit Committee Chair | Cybersecurity | Governance | Financial Services | Compliance | Risk

Lincoln Financial•Greensboro, North Carolina, United States

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Experience41+ Years
LevelCXO

Executive Overview

Karla Munden is a highly experienced financial services audit executive with a track record for managing Board relationships, developing senior-level partnerships, and leading audit teams to make measurable impacts. Repeated success guiding sizeable, cross-functional internal audit teams. Talent for building replicable strategies by leveraging outsourcing, automation, and experience. Expert strategist, negotiator, and closer. Known for strong ability to forge solid relationships with partners and build consensus across matrixed organizational levels, often using Innovation to overcome obstacles. Karla graduated from the College of William and Mary and has an MBA from the University of Phoenix with pHD coursework. Karla earned a continuing education certificate in Cybersecurity from Carnegie Mellon University. Karla has been featured in the Institute of Internal Auditors publication, and she is commonly referred to as a subject matter expert and developer of industry best practices. She is Sarbanes - Oxley versed and is a Qualified Financial Expert. Karla is available for select Board engagements. CHIEF AUDIT EXECUTIVE • As Senior Vice President & Chief Audit Executive at Lincoln (NYSE: LNC), developed the comprehensive audit strategy for the enterprise • Brought together two internal audit departments during period of change • Established Scottsdale Insurance Company Internal Audit department and built audit team • Leveraged fourteen years of experience in the Navy Reserves to build actionable internal audit plans RISK | COMPLIANCE | CYBERSECURITY • Facilitated Audit Committee meetings, identifying timely relevant and strategic agendas to ensure alignment on business risk, mitigation, emerging and reputational risks • Developed and maintained effective working relationships with various regulators ( National Association of Insurance Commissioners, Financial • Carnegie Mellon Continuing Education Cybersecurity Certificate INDEPENDENT DIRECTOR • AMERICAN EXPRESS NATIONAL BANK, 2022 - Present o Member of Risk and Audit Committees • WILLIAM & MARY FOUNDATION, 2021 - Present o Trustees of the William and Mary Foundation ​​ o Member of Audit, Trusteeship and Academic Initiatives Committees • COMMUNITY FOUNDATION OF GREATER GREENSBORO - 2014-2018 o Chairman of Audit Committee o Member of Audit Committee • Available for select Board engagements karla.d.munden@gmail.com | 480.323.9515 | www.Linkedin.com/in/karlamunden

Career Timeline

Professional employment history
  • Dec 2022–Present· 3 yrs 10 mos
    • Independent DirectorCurrent
      Dec 2022–Present
  • Jul 2006–Present· 20 yrs 3 mos
    • Senior Vice President and Chief Audit ExecutiveCurrent
      Apr 2011–Present
    • AVP and Audit Director
      Jul 2006–Mar 2011
  • Feb 2001–Jun 2006· 5 yrs 4 mos
    • Director, Internal Audit
      2004–Jun 2006
    • Manager, Audit
      Feb 2003–2004
    • Audit Consultant, Audit Manager
      Feb 2001–2003
  • Feb 1999–2001· 1 yr 11 mos
    • Manager, Service Delivery
      Feb 2000–2001
    • Manager, Audit
      Feb 1999–2000
  • Jul 1994–1999· 4 yrs 6 mos
    • Internal Investigations Manager
      1998–1999
    • Manager, Audit
      1996–Dec 1997
    • Senior Auditor/Team Leader
      1995–1996
    • Auditor
      Jul 1994–Jul 1995
  • Jun 1990–Jun 1994· 4 yrs
    • Accountant II
      Jul 1992–Jun 1994
    • Auditor, Internal
      Jun 1990–Jun 1992
  • Aug 1985–Aug 1999· 14 yrs
    • Storekeeper 2
      Aug 1985–Aug 1999

Education

Certificate

Cyber-Risk Oversight

Carnegie Mellon University

MBA

General

University of Phoenix

Bachelors of Business Administration

Accounting

William & Mary

Executive Relationship Map

Reports To
Karla Munden
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

20 of 20 skills
Risk AssessmentVariance AnalysisFinancial RiskInternal AuditGovernanceFinancial AnalysisRisk ManagementFinancial ModelingFraudAccountingDue DiligenceFinancial AuditsFinancial ServicesFinancial ReportingInternal ControlsSarbanes-Oxley ActInsuranceAuditingStrategic Financial PlanningEnterprise Risk Management