Internal Audit Manager

The Internal Audit Manager ensures that the Bank has an effective Internal Audit program by assess risks, develop detailed audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to senior management and board members.
ESSENTIAL FUNCTIONS
Oversee, manage, and coordinate the Bank's audit program, including Internal Audit, compliance, loan review, and information technology. Since the Bank's audit work is predominantly outsourced to third parties, the incumbent is responsible for the organization and preparation for the audits.
Directs, plans, and participates as needed in audits of the Bank's departments and branches.
Oversees the Internal Audit Function and leads the annual risk assessment process, which includes identifying areas of operational risk and determining the appropriate risk management strategy to apply to mitigate exposures related to identified risks.
Develops, monitors and upgrades audit manual, working papers, and audit programs of the bank for all audits performed internally.
Responsible for reviewing written audit and examination reports and the follow-up of issues/exceptions.
Responsible for facilitating branch and third-party audits.
Responsible for reviewing teller shortages, ATM out of balance situations, monitoring of branch cash levels, awareness of branch related General Ledger out of balance conditions.
Monitor potential fraud including but not limited to check fraud, mobile payments fraud.
Responsible for investigating internal and external crimes committed against the institution.
Assesses the effectiveness of the Bank's audit and compliance program through periodic monitoring, which may be third party, audits of branches and departments of the Bank.
Advises the Audit and Risk Committee, executive management, and Bank personnel of emerging risks. Consults and guides the Bank in the establishment of controls to mitigate risk.
Serves as staff liaison to the Audit and Risk Committee. Preferred Education/Knowledge: Certified Community Bank Internal Auditor (CCBIA) designation to be completed as part of development plan.
Required Experience:
Minimum 5 years of related compliance or audit experience. Experience with the FDIC and North Carolina Commissioner of Banks examination process. Solid understanding of BSA, AML, OFAC and Deposit related regulations, practical applications, as well as Fraud and Regulatory related regulations, policies, and procedures. Proficient knowledge of Federal and appropriate state compliance laws and regulations.