JOB FUNCTION:
To conduct audit tests, analyze internal controls and draft audit observations under the direction of a lead auditor
DUTIES & RESPONSIBILITIES:
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Reviews and evaluates the risk-based compliance program to ensure adequate monitoring across all departments and identify and recommend opportunities for improvements.
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Develops annual compliance audit plans and integrated audit steps for various departmental audits.
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Among other duties, the Compliance Auditor documents, reviews, evaluates and communicates on the system of internal controls to ensure adherence to policies and procedures which facilitate compliance with applicable statutes, regulations and regulatory requirements.
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Works with department leads to identify and assess the impact of control deficiencies, identifying root causes, providing recommendations, and monitoring timely remediation.
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Assists with documentation and evaluation of the adequacy of internal control systems by preparing flowcharts/process narratives, risk assessments, and/or internal control questionnaires.
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Performs compliance audits as assigned within budget hours and provides continuous status updates to supervisor.
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Drafts preliminary findings and discusses with supervisor.
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Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations.
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Maintains and organizes documentation to support audits and compliance research.
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Prepares management, board, and regulatory reporting, regulatory filings and notifications, audits, and regulatory examinations.
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Participates in job specific training and other various Bank training programs, as necessary.
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Maintains confidentiality of Bank information
MINIMUM QUALIFICATIONS:
Work Experience
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4+ years of experience in a compliance or audit environment in a bank setting
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CRCM required
Supervisory Experience
Education/Skills/Experience
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Bachelor’s degree or equivalent in Business Administration, Finance, Accounting, in a related field, or equivalent experience.
Equipment/Machines/Software
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Computer literacy using Microsoft Office Tools (Outlook, Excel, Word, PowerPoint, Explorer) and Adobe Reader/Acrobat
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Ability to work with office equipment including telephones, computers, digital devices, copy machines, and scanners
Competency Requirements
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Proven organizational skills with ability to multi-task and follow assigned tasks through completion
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Must be able to take initiative to complete tasks and work independently with minimal supervision
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Must be able to work effectively with individuals and groups to obtain information
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Experience communicating information in a formal setting
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Must be able to adapt to changing priorities
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Must be able to work in a team environment
Physical Requirements
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Must be able to speak, see, hear and read information on computer screens, digital devices and paper documents
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Must be able to type on a keyboard
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Must be mobile in an office environment
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Must be able to sit most of the day at a workstation Must be able to reach, bend and lift files up to 10 lbs.
This job description does not imply an employment contract, nor is it intended to include every duty and responsibility that the employee is responsible for. Duties and tasks may be assigned by the management team based on department and business needs.
Jefferson Bank is an EEO employer and an Affirmative Action Employer, M/F/Disability/Protected Veteran Status.
Click the link below to be redirected to the Equal Employment Opportunity Commission’s website to view the “Know Your Rights” Poster:
https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf