Auditor Sr- Financial Crimes Compliance

Position Title
Auditor Sr- Financial Crimes Compliance
Location
NYCB Plaza - 100 (Hicksville, NY)
Job Summary
JOB SUMMARY
The Senior Auditor will conduct audits ranging from simple to complex; generate work papers based on testing of audit procedures established during the planning phase of the audit process; effectively communicate findings; and follow-up on outstanding audit and regulatory issues.
Pay Range: $58,500.00 - $83,000.00 - $107,500.00
Job Responsibilities:
ESSENTIAL FUNCTIONS

• Effectively analyzes and assesses risk to develop audit procedures, execute test procedures, and conclude on the operating effectiveness of relevant controls.
• Plans the audit engagement by documenting the planning process in the Planning Memorandum. Effectively leads interviews/meetings to ensure relevant information is obtained for analysis.
• Works independently to execute audit procedures, and updates the Audit Manager at appropriate times (g., weekly status of audit control testing, scope changes, identification of potential issues, etc.).
• Performs an appropriate level of testing based on the scope and risk, without over- or under-auditing
• Produces work paper documentation that is clear and concise, provides adequate detail of work performed and conclusions reached, meets IAD and professional standards, requires minimal revisions/review notes, and is sufficient to receive a satisfactory rating from external reviewers, i.e., KPMG, FRB, FDIC, NYS.
• Proposes solutions and recommendations to the Audit Manager and/or Audit Director when obstacles or problems are encountered throughout the audit.
• Proposes and identifies opportunities for continuous auditing.
• Runs continuous auditing query and reviews results for potential findings.
• Manages time (by keeping abreast of audit status and hours incurred) to meet established deadlines, milestones, and time budgets.
• Is responsive to client requests, and fosters positive working relationships with auditees and the audit team.
• Supervises, as assigned, the performance and completion of the audit procedures to provide assurance that work was performed effectively and relevant control weaknesses were identified and reported.
• Identifies control issues and findings timely, and ensures findings are based on relevant facts and are accurately characterized (based on risk).
• Documents control findings in observation forms timely using the standard format (issue, background, findings, root cause, risk effect, recommendation).
• Clearly communicates control findings to audit clients as they are identified, and works with clients to develop effective agreed upon actions with related timeframes for completion.
• Shares IA process and business area knowledge with team members.
• Fosters a team environment, is inclusive and works well with others.
• May provide support, such as coaching, mentoring, training, etc. to help other team members.

MAY ALSO BE REQUIRED TO:

• Conduct periodic on-site branch audits according to an established audit schedule. Identify and document risks and controls.
• Communicate branch audit findings to Audit Manager and/or Audit Director, branch management and regional management. Identify and suggest solutions, develop findings and recommendations for drafting of audit reports.
• Performs special projects, and additional duties and responsibilities as required.
• Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.

EDUCATION AND EXPERIENCE

• Bachelor's degree in Accounting or FinanceCPA and/or CIA preferred, or currently in process
• Four to ten years audit experience in Financial Services Industry and/or large public accounting firm(s); preferably community banking.

KNOWLEDGE, SKILLS AND ABILITIES

• Broad knowledge of banking, accounting, and internal controls and the ability to apply knowledge in an audit function.
• Knowledge of consumer regulatory compliance requirements./Proficient in the use of Microsoft Excel and Word.
• Solid verbal, written and interpersonal communication skills.
• Solid analytical skills.
• Ability to travel.
• Ability to work with all levels of staff and Management.
• Ability to handle multiple tasks simultaneously and meet established deadlines.