- Plans and performs audits under the supervision of managers and/or directors
- Creates audit planning memos in conformance with Internal Audit Department procedures
- Documents business processes within process narratives or flowcharts, identifying risks and mitigating controls
- Develops risk and control matrices and test plans for key controls
- Identifies control gaps and tests the design and operating effectiveness of existing controls
- Reviews and tests records to ensure compliance with company policies, procedures, plans, and communications as well as safe and sound banking practices
- Formulates clear and concise conclusions on internal controls and business process and efficiencies
- Prepares audit reports detailing findings and recommendations and review findings and recommendations with appropriate management personnel through audit status and exit meetings
- Participates in audit exit meetings and prepares presentations
- Prepares and/or supervises the preparation of organized, accurate, complete and competent work papers conforming to Internal Audit Department requirements, ensuring the documentation clearly supports the conclusion regarding each objective
- Participates in audit engagement risk identification sessions
- Keeps Audit Managers informed of emerging issues and audit progress. Manages time and work efficiently so that deadlines are met and department standards are maintained
- Maintains positive team relationship by demonstrating and supporting initiative, willingness to learn, flexibility, respect, cooperation and commitment to the success of the internal audit process
- Keeps abreast of regulations, industry, and information technology changes
- Supports external auditors as assigned
- Ensures adherence to professional audit standards
- Conducts special projects, as necessary
- Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
- Adheres to Bank policies and procedures and completes required training.
- Identifies and reports suspicious activity.
- Supervises function, projects or services and/or one or more employees, as applicable.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.
Bachelor's Degreein Accounting, Business Administration, IS/IT, or related field required
- 4-6 Yearsof auditing experience required
- 4-6 Yearsof financial services experience preferred
- Experience in creating process documentation, developing audit plans, and performing audits required
- Professional Competence and Industry Knowledge
- Demonstrates the ability to obtain, evaluate and interpret information and reach logical, fact-based conclusions.
- Acquires and applies required technical skills to be successful in project tasks and assignments.
- Displays a strong work ethic and takes initiative in solving problems and presenting solutions.
- Takes responsibility for planning, executing and managing projects effectively.
- Identifies and effectively clears project scope changes before performing work.
- Distinguishes between issues that should be communicated upward and those that can be resolved without manager involvement.
- Exhibits effective application of department policies and methodologies.
- Demonstrates knowledge of business process and related risks.
- Takes responsibility for executing work plans and supervising projects effectively.
- Communicates the importance of business ethics to the audit staff.
- Seeks industry training and stay informed about new developments.
- Works toward obtaining appropriate professional or technical certifications.
- Identifies gaps between required skills and existing competencies and assists in identifying appropriate training to close gaps.
- Customer Focus
- Effectively organizes the administrative aspects of the project, including budget and project wrap-up.
- Recognizes and communicates potential engagement challenges/issues to engagement manager as appropriate.
- Responds to customer requests in a timely manner.
- Instills in staff an expectation to provide customers with top quality service. * Effectively prepares for and leads meetings with audit customer personnel.
- Clearly understands use of the departments audit methodology.
- Effectively communicates written and verbal ideas using multiple techniques tailored to ensure audience understanding.
- Develops sound job administration skills so that audits run smoothly.
- Practices effective time management.
- Teamwork and Leadership
- Encourages others to work as a collaborative team by consistently and effectively modeling teamwork.
- Assists others in improving their personal effectiveness.
- Seeks opportunities to demonstrate and teach others on the job.
- Provides substantive, objective, and timely feedback on staff performance.
- Uses supervisory role to train and develop both the audit and customer personnel.
- Understands IAD management and customer expectations.
- Instills a service commitment in the staff by demonstrating team effort, sharing responsibility, and modeling good listening skills.
- Drives for Quality and Results
- Identifies areas of business risk, potential technical problems, and opportunities to improve the efficiency and profitability of the customer's business processes.
- Responds to client needs when they arise.
- Demonstrates an understanding of the audit customer's business strategy and objectives, and the controls and policies in place to implement and measure results.
- Participates actively in risk identification sessions.
- Identifies gaps between risk and controls.
- Delivers quality project deliverables and other assigned tasks that are logically presented and free of errors in grammar and spelling. * Utilizes 90% of time on assurance and advisory engagements.
- Knowledge of MS Word, Excel, Visio and PowerPoint; ACL and TeamMate a plus
- Certified Public Accountant (CPA) within 1 Year required Or
- Certified Information Systems Auditor (CISA) within 1 Year required Or
- CIA or other relevant audit or risk certification. within 1 Year required