Senior Regulatory Compliance Auditor

Position Summary

The Senior Regulatory Compliance Auditor is responsible for evaluating that internal controls are designed and operating effectively, that company policies and procedures are followed, and that the company is compliant with regulations.

Duties & Responsibilities

• Ensure compliance with established internal control procedures, corporate policies, and regulatory requirements by examining records, reports, operating practices, and documentation.
• Complete audit work papers by documenting audit tests and findings.
• Communicate audit findings by preparing a summary report and discussing the findings with the audit supervisor and management. 
• Recommend procedural efficiencies when identified through the audit process.
• Contribute to the overall internal audit plan  by completing assigned results within the scheduled timeframe.
• Collaborate with internal audit team members in the annual internal audit risk assessments and creation of the annual audit plan.
• Develop the annual regulatory compliance audit schedule.
• Be knowledgeable of industry issues and regulatory changes.
• Serve as a resource for compliance issues and research issues as required.
• Enter compliance exceptions into the bank’s tracking system and follow-up on outstanding items. 
• Provide support to external auditors and examiners.
• Participate in ongoing educational opportunities to update knowledge and skills related to financial services regulations and internal auditing standards.
• Evaluate adequacy of internal control systems throughout the audit process.
• Compose audit reports highlighting risk, controls, audit steps, and audit results.
• Develop and update audit programs.
• Supervise audit staff including review and sign off on audit staff work papers.
• Participate in task force and/or committees as needed.

Education & Experience

Knowledge of:

• Strong oral and written communication skills
• Financial institution regulatory compliance requirements
• Strong organizational and project management skills

Ability to:

• Work independently
• Perform duties under frequent time pressures, prioritize workflow, meet deadlines
• Solve problems independently while applying logic and discretion
• Interpret regulations

Education and Training:

• Requires Bachelor’s degree in business related field.
• Minimum of 4 years of audit experience preferred.
• Experience working with banking regulators preferred.
• Requires knowledge of bank operations and financial services regulations.
• Requires knowledge of Microsoft Office.
• Certified Regulatory Compliance Manager (CRCM) designation preferred.

Benefits and Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $ $68,000 – $94,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes