Audit Manager
Requirements include:
The Audit Manager is responsible for the safety, soundness and compliance of the Bank’s operations and processes. Responsible for audits of financial records and procedures to ensure that the Bank is in compliance with regulatory requirements and adequate internal controls. Reports findings to the Audit Committee, Board of Directors and the President/CEO. This position also administers the Audit Policy and coordinates the activities of the bank’s external auditors. May perform other related duties as required to meet ongoing needs of the bank.
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5 years of financial audit and supervisory experience at a financial institution.
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Accounting Degree and related experience.
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Microsoft Office, Excel and effective communication skills are necessary.
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Bank Compliance/Operations and Regulatory Knowledge required.
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Proficiency in application of internal auditing theory, auditing standards, principles, procedures and techniques.
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Excellent Project and Time Management Skills.
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Demonstrated strong verbal, written and communication effectiveness.
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Excellent analytical skills in order to analyze financial and procedural data and to recognize potential internal control weaknesses in existing systems.
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Possess strong organizational skills.
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Experience with management and training of staff.
Duties and Responsibilities include:
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Reports directly to the Audit Committee and the President/CEO on all matters concerning auditing. Advises Audit Committee, President/CEO and managerial staff of audit results and recommendations where applicable.
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Perform Audits as directed by Audit Committee.
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Responsible for the development and coordination of internal audit program.
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Protects the integrity of the bank by ensuring that it operates in accordance with legal and regulating requirements and promotes compliance in accordance with the bank’s mission and vision.
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Collects, prepares and organizes into acceptable format sufficient, competent, relevant and useful information concerning all additional matters relating to audit objectives and scope of work. Preparation will include the documentation previously outlined, as well as, any other data utilized, analysis and interpretation of data, audit conclusion and (when appropriate) recommendations for improvement.
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Supervises assigned staff in evaluating and reporting upon internal controls relating to the following areas:
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Safeguarding bank assets
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Accomplishment of bank goals and objectives
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Level of compliance with associated procedures
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Reliability and integrity of information
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Coordinating Audit Schedules for the Audit Cycle and ensuring that the scheduled audits commence in accordance to the Bank’s Audit Schedule.
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Prompt follow up to any identified deficiencies in the policies and procedures and where necessary, work closely with the line management of the bank to formulate proposals for policy and procedural amendments to enhance compliance.
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Investigate and determine causes of irregularities and errors.
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Update Risk Assessment on annual basis for all internal audits performed and create new Risk Assessments for any new audit areas, as needed.
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Prepare minutes of the Audit Committee.
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Prepare and disseminate Audit Package to the Audit Committee members.
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Maintain tracking report to include findings, recommendations and response for all external audits and regulatory exams.
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May perform other duties as assigned.
Equal opportunity employer of qualified protected veterans and individuals with disabilities, minorities and females.