Job Description
Client needs an experienced audit professional to perform Operational and Financial audits with a focus on front and back office bank operations (including private banking, branch activities, wealth management, deposits, loans, account maintenance, cash management, funds transfer, vendor management, etc.) and other operational processes. We are looking for individuals who can perform hands-on work in a smaller team environment.
Essential functions include:
- Assist in preparing / documenting high quality workpapers for assigned projects (including audit planning memo, audit program, audit test workpapers with proper referencing).
- Understanding of concepts related to general banking businesses including applicable laws and regulations.
- Execute testing procedures and assist in the preparation of audit reports and draft findings.
- Effectively present/communicate audit observations to management, as requested by audit management.
- Understand and document business systems / processes.
- Execute high value audits, identifying risks, assessing mitigating controls, determining root causes and making recommendations to improve the control environment.
- Prepare initial draft audit report summarizing background of audit performed, audit scope, recommendations and audit conclusion.
- Follow-up on open audit and regulatory issues and work with management to ensure appropriate resolution.
- Stay abreast of industry trends to identify potential issues and emerging risks/trends, as well as relevant best practices, laws, rules, and regulations impacting financial institutions and ensuring that the changes are incorporated into the audit planning and risk assessment process.
- Participate in department-wide initiatives and perform other duties as assigned. Proactively seek out additional responsibilities (when appropriate).
Qualifications
- 5-10 years of professional auditing or comparable experience.
- A Bachelor's degree in Business, Accounting, Finance, or a related field is required.
- Demonstrated experience in executing all aspects of the audit lifecycle, including planning, risk assessment, scoping, detailed testing and reporting.
- Strong project management and time management skills, ability to adapt quickly to changing demands and environment and rapidly develop in-depth knowledge of new audit areas.
- Able to multi-task while remaining organized and prioritized deliverables.
- Demonstrated knowledge, skills, and experience in applying the principles and practices of internal auditing in a heavily regulated business environment.
- Demonstrated ability to understand and document business processes and related internal controls in a narrative and/or flowchart format.
- Highly motivated with strong analytical skills.
- Excellent verbal and written communication skills and the ability to communicate effectively at all levels of the organization.
- Proficiency in Microsoft Office software (Word, Excel, and PowerPoint).
- One of the following Certifications is strongly preferred:
- Certified Internal Auditor (CIA)
- Certified Public Accountant (CPA)
- Certified Fraud Examiner (CFE)
- Certified Financial Services Auditor (CFSA)
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