Audit Manager, Operational and Financial Auditor

Company Description

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Job Description

We are looking to hire an experienced Audit Manager to lead and perform Operational and Financial audits. We are seeking both appetite and ability for hands-on work in a smaller team environment.

Essential functions include:

• Effectively prepare a well-developed risk based audit approach and document high quality work papers for operational and financial audits in accordance with professional standards;
• Understanding of concepts related to general banking businesses including applicable laws and regulations
• 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 audit report summarizing background of audit performed, audit scope, recommendations and audit conclusion;
• Prepare work papers documenting and supporting audit procedures, findings and results;
• Follow-up on open audit issues and their resolution; and
• Participate in department-wide initiatives and perform other duties as assigned.
• Develop strong collaborative relationships with stakeholders and serve as a trusted advisor while maintaining objectivity and independence in both fact and appearance.
• Stay abreast of industry trends to identify potential issues and risks, 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.
• Travel requirement is minimal.

#LI-Hybrid

Qualifications

• Approximately 8 - 10 years of professional auditing experience in financial services and/or public accounting experience.
• A Bachelor's degree in Business, Accounting, Finance, or a related field is required.
• Demonstrated experience in leading and executing all aspects of the audit lifecycle, including planning, risk assessment, scoping, detailed testing and reporting.
• Familiarity with concepts related to Bank operations (deposits, loans, cash management) and Finance (financial reporting, financial planning and analysis, expense management, and vendor management) preferred.
• 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.
• Demonstrated knowledge, skills, and experience in applying the principles and practices of internal auditing in accounting, financial, and operational environments including auditing business functions.
• Ability to research and identify best practices.
• Demonstrated ability to understand and document business processes and related internal controls in narrative and/or flowchart formats.
• Excellent verbal and written communication skills.
• Microsoft Office (Word and Excel).

One of the following certifications is preferred:

• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)

Compensation

The expected annual salary for this position is between $130,000 and $170,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

Additional Information

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals