How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community?  Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York.  Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.  At Provident Bank, we are committed to enhancing our customer and employees’ experience. 

POSITION OVERVIEW:

The internal audit department is a key driver of effective internal control, proactive risk management, corporate governance and ongoing process improvement.  The incumbent participates based on level in the audits for the bank, its subsidiaries and affiliates, following the established standards set forth in the Code of Ethics and the Standards for the Professional Practice of Internal Auditing issued through the Institute of Internal Auditors (IIA).  Also responsible for supporting the process of Enterprise Risk Management (ERM) and the activities of the Risk & Advisory Services as it relates to the Sarbanes-Oxley Act of 2002 (SOX).  This position is considered at the entry-level position.  Incumbent is expected to have basic working knowledge of auditing skills and exercise independent judgment.

 

KEY RESPONSIBILITIES:

• Performs within the scope of assignments risk assessments of company units identifying critical areas of exposure within a unit along with evaluating the key controls used to manage these risks.  Evaluates causes of non-compliance.  Identifies exposures and weak design in internal control.  Recommends corrective steps.
• Consistently documents relevant facts and information that support the work performed and conclusions drawn so other reviewers can follow the auditor's logic and methodology.
• Communicates effectively audit results, both orally and in writing, so they are persuasive, placed in the appropriate context, and understood by the audience.
• Recommends updates to audit programs based upon changes in a unit's risk profile and conducts audits in compliance with departmental standards.
• Performs related audit activities and special projects, which may include attending relevant internal client and other bank meetings to gaining and facilitating understanding of the business.
• Performs other duties as assigned.

 

MINIMUM QUALIFICATIONS:

• 0 - 2 years in Internal Auditing
• Possess a working knowledge of banking practices, processes, governance practices; and regulatory obligations as it relates to internal controls.  Knowledgeable about internal control, SOX, COSO, GAAP, and the IIA.
• Possesses a high level of personal and professional ethics.
• Excellent presentation and communication skills both oral and written with strong analytical, critical thinking and problem solving skills.
• Ability to analyze business situations, determine applicable scenarios and choose the appropriate solution to the problem.        
• Excellent organizational skills with the ability to manage and track multiple activities.
• Must be able to identify creative solutions and provide operational advice beyond standard control recommendations.  Demonstrated critical thinking and analytical skills to include working within ambiguous and/or stressful situations.  Must be flexible and have the ability to change priorities as needed.
• Effective time management and ability to prioritize and manage multiple projects and priorities. 
• Prioritize work so resources are devoted to areas of highest risk.  Project management skills with the ability to manage an entire project.  Ability to develop and nature client relationships, handle multiple tasks and adapt to a changing environment.
• Ability to attend meetings or perform other assignments at locations outside of the office, if necessary.
• Ability to operate effectively based on limited direction from Internal Audit management.  Able to work independently and in a team environment based on a delegated chain of authority.

 

PREFERRED QUALIFICATIONS:

• Bachelor’s degree

 

WORKING CONDITIONS

Work is mainly performed in a normal office environment.  Noise levels usually are moderate.

• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

 

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Jo