Senior Internal Audit Manager - Lending Operations - Hybrid Position

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

The Senior Auditor Manager will lead and conduct audits with a focus on credit risk and related operational processes ranging from simple to complex; generate appropriate 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.

We are looking to hire an experienced Senior Audit Manager to lead and conduct audits with focus on credit risk across the Bank's lending portfolios and related support operations functions. Responsibilities include performing audits that provide an independent and objective evaluation of credit risk within the commercial and consumer lending portfolios. You will provide an assessment of the accuracy and timeliness of credit risk management processes and the effectiveness of credit administration activities including risk analysis, portfolio monitoring, portfolio metrics, credit and portfolio quality, policy compliance, underwriting guideline adherence, problem loan management, management information system data completeness and accuracy, and other credit risk servicing areas.

Essential functions include:

         Effectively prepare a well-developed audit approach and document high quality work papers for credit and operational audits;

         Understand and document business systems / processes;

         Identify risks, assess mitigating controls, determine "root causes" and make recommendations to improve the control environment;

         Prepare audit report summarizing background of audit performed, audit scope, recommendations and audit conclusion;

         Prepare work papers documenting and supporting audit procedures, findings and results;

         Follow-up on open audit issues and their resolution; and

         Participate in department-wide initiatives and perform other duties as assigned.

• Approximately 10 - 15 years of professional auditing, credit risk or comparable experience.
• Bachelor's Degree in Finance, Accounting, Economics or a related field is required.
• One of the following additional certifications is preferred: CPA, CIA, or MBA.
• Significant experience required in review of, or auditing of: credit risk management, credit review, underwriting, and/or lending in a variety of industry types.
• Proven experience required with assessing credit risk and implementing or recommending process improvements to mitigate risk.
• Strong knowledge/understanding of banking products and practices, operations, regulatory, industry, banking competition, and potential risk areas is preferred.
• Strong financial analysis skills and commercial credit structure knowledge.
• Ability to interpret quantitative and qualitative data, formulate sound conclusions, and make consultative recommendations.
• Excellent verbal and written communication skills.
• Microsoft Office (Word and Excel)

Compensation

The expected annual salary for this position is between $160,000 and $195,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual's skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual's accommodation needs; potential accommodations that may address the individual's accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee's request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

NO AGENCIES PLEASE.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.