Internal Auditor II

About the position

The Internal Auditor II performs internal audits throughout the Bank to ensure appropriate internal controls are in place and operating effectively. Determines compliance with various Operating Policies and Procedures and rules and regulations.

Responsibilities

• Execute risk-based internal audit on functions, departments, and established areas in accordance with internal audit standards and annual planned audit work schedule
• Conduct audit testing and report issues and dimension of risk
• Report gaps and suggest improvement for compliance with policies and procedures
• Audit the Bank's Policies, Procedures, and Operations, verifying accuracy and consistency
• Review internal controls, policies, and procedures for effectiveness and compliance with laws and regulations
• Audit department records and interview personnel to ensure accurate and timely recording of transactions and compliance with applicable laws and regulations
• Conduct comparative file analysis to detect outliers, anomalies and trends when necessary
• Analyze data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud or lack of compliance with laws, government regulations and management policies or procedures
• Conduct special studies for management such as those required to discover mechanics of detected fraud and to develop controls for fraud prevention
• Collaborate with Department Managers on developing appropriate remediation plans when deficiencies or risks are identified
• Build working relationships with bank management and auditees
• Document results of all audits, reviews, and evaluations performed
• Recommend improvements to controls, procedures, and practices to increase efficiency and reduce exposure to loss
• Collaborate with management on responses to issues that ensure the issue will be remediated
• Validate remediation of audit issues and examiner findings
• Build reports on issues for presentation to management and the Board of Directors
• Perform Sarbanes Oxley 404 (SOX) testing in accordance with audit standards and external auditor expectations
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Requirements

• Undergraduate degree in accounting, finance, or related field
• Three (3) years of related experience in an audit/risk/compliance role
• Financial institution experience preferred
• Relevant certification preferred, but not required
• Ability to prioritize tasks, deal effectively with competing and changing priorities to meet deadlines
• Effective written and verbal communication skills
• Excellent organizational skills and attention to detail
• Strong analytical and problem-solving skills
• Working knowledge of Microsoft Outlook, Word, Excel, and PowerPoint
• Knowledge of related federal and state lending and compliance regulations