Internal Audit Officer

At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.

This role serves to assist the Department’s Team Leader in the planning, directing, coordinating, and review of Sarbanes Oxley (“SOX”), operational, and compliance audits of the bank and bank holding company. Provides high-level assistance in the oversight and management of the Internal Audit schedule; helps to provide an independent appraisal of audit programs which ensure the effectiveness of policies, procedures, and standards by which the Company’s financial and compliance resources are managed.

• In coordination with the Internal Audit Department Team Leader, serves as a leader and reviewer of a variety of Internal Audit processes which impact the performance of the Company’s SOX, operational, and compliance audits:
  • Evaluates completeness and relevance of risk assessments.
  • Applies audit principles in performing audit testing and reviews with varying degrees of complexity.
  • Analyzes audit findings and data regarding evidence of deficiencies in controls and evaluates options available as to cost effective risk mitigation and contribution to corporate strategic objectives.
  • Communicates high risk areas with process owners, senior management, and to the Audit Committee of the Board of Directors.
  • Assists in directing audit staff in testing in order to evaluate adequacy of internal controls and accuracy of financial records.
  • Assists in Internal Audit program development.
• Communicates and interacts directly with the Audit Committee of the Board of Directors including reporting on the scope of audits undertaken, findings, performance to the audit plan and resource requirements.
• Serves as an Internal Audit liaison to the bank’s business lines, members of management, external auditors, and examiners.
• Utilizes subject matter expertise to carry out duties related to applicable audit standards and practices.
• Interacts with third party vendors, as needed.
• Performs other duties as assigned.

The Perks!

• Competitive base compensation with additional performance-based incentives/bonus potential (incentives and bonus will vary depending on role)
• Career growth  opportunities
• Continuous learning opportunities
• 401(k) Retirement Plan with company match with immediate vesting
• Employee Stock Ownership Plan
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members
• Employer provided long term and short term disability insurance
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more!
• Medical, Dental, and Vision insurance
• Flex spending plan & Health savings accounts
• Additional Insurance options to meet your personal needs: Pet Insurance and Critical Illness and Accident insurance
• Student Loan Debt Reduction Program & Tuition Assistance Plan
• Wellness Program
• Free banking services and other financial services discounts
• Take Your Dog to Work Day in June

• Employee Rally Day- a day of celebration and recognition!

• Bachelor’s degree with other specific professional or technical certifications in related field.
• In addition to education in Accounting or a related business field, must have 5+ years of audit experience in public accounting.
• A Certified Internal Auditor (“CIA”) or Certified Public Accountant (“CPA”) is also required.
• Banking or financial experience is preferred.

We RISE by lifting others. RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of diversity, equity, inclusion and belonging at work and in our communities. Our commitment to RISE is reflected in our operating principles, people and culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.

Now that you know more about us and the position, next step is for you apply so we can learn about you!