Under the supervision of the Senior Internal Control Auditor, the Internal Control Auditor is directly responsible for executing internal control testing in accordance with FDICIA requirements.

Roles and Responsibilities:

• Maintain independence from daily operations of the bank
• Maintain proficient knowledge of applicable compliance statutes, regulations and interpretations - especially those related to risk management and internal controls
• Assist in gathering and organizing items needed for investors. regulatory examiners and external auditors
• Assist in designing, performing and documenting all work in such a manner that it can be easily reviewed and relied upon by external auditors, investors and regulatory examiners
• Assist in preparing concise written memos when exceptions are identified
• Assist with tracking outstanding issues and recommendations until satisfactorily resolved
• Assist in identifying training needs and convey observations to management
• Assist in annually mapping each general ledger account to the appropriate financial statement category
• Assist in identifying the business process that supports/generates the account balance and the financial statement assertions that need to be validated during the annual audit for each financial statement category
• Assist in maintaining comprehensive internal control matrices for each major business process and sub-process. These matrices should summarize the financial statement objectives, the risks that the objectives won't be met and the controls that are in place to mitigate each risk
• Assist in identifying the key controls that need to be tested. Determine the scope and frequency of each test and summarize on the internal control matrices.
• Asist in executing monthly internal control testing as outlined in the internal control matrices for the following business processes: Cash Management, Investment Management, Lending, Deposits, Accounts Payable, Item Processing, Fixed assets, Treasury Management, Financial Reporting
• Assist in compiling and analyzing the results of the control testing and report findings to the Internal Audit Director
• Assist in performing branch surprise cash audits
• Adhere to department and bank policies and procedures
• Complete all training requirements as assigned
• Perform other duties as assigned

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Computer Requirements

• Proficiency in Microsoft Office (Word, Excel, Access, and Power Point).
• Experience using ITI/Director/FiServe Premier/Navigator preferred

Education/Experience Requirements

• Bachelor's degree in accounting, finance, or business administration preferred
• 2-3 years of banking experience preferred

Additional Requirements

• Basic understanding of internal auditing theory, standards, procedures and techniques
• Basic understanding of accounting principles, techniques and banking laws and regulations
• Strong attention to detail
• Strong time management and organizational skills
• Ability to practice discretion and handle confidential information in a professional manner
• Professional demeanor and the ability to maintain positive relationships with auditees
• Strong professional integrity in compliance with company policy, and ethical and legal standards
• Ability to perform duties independently with limited direct supervision
• Ability to independently establish priorities and meet deadlines
• Problem Solving/Analysis skills
• Ability to communicate effectively with customers and coworkers
• Ability to work efficiently both with a team and individually
• General knowledge of bank procedures as they apply to other departments

Attendance Requirements

Employees are expected to report to work as scheduled, on time and prepared to start work. Employees are expected to remain at work for their entire work schedule. Late arrival, early departure or other absences from scheduled hours should be avoided.

Certificates, licenses, or registrations:

• None Required

Working Conditions:

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical requirements:

• Ability to sit for up to eight hours
• Requires bending, stooping or standing as necessary
• Requires the ability to hear, speak and/or signal people
• Effectively communicate verbally, in writing, and in English
• Requires manual dexterity, typing, and the ability to lift files and open filing cabinets
• The employee may occasionally lift and/or move up to 25 pounds