First Bank & Trust
Overview
Join to apply for the Audit Manager role at First Bank & Trust. This person is responsible for managing the Internal Audit Department, the “third line of defense” for the organization, including reporting directly to the Board Audit and Compliance Committee. The manager will be responsible for the execution of the internal audit program for the organization’s banking activities, including the traditional bank, national products, wealth management, and IT activities.
Qualifications
Bachelor’s degree and seven years of banking and/or audit experience or the equivalent. Certification: Certified Internal Auditor, Certified Public Accountant, or relevant certification from at least one bank trade association is required. Strong understanding of auditing standards, accounting principles, banking, and regulatory compliance. Ability to work well independently. Strong oral and written communication skills; strong analytical and problem-solving skills.
Principal Responsibilities
Lead the team and develop an atmosphere of teamwork, open communication and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained, evaluated, and motivated to perform their responsibilities in an effective and progressive manner. Assess risk across all levels of the corporation and develop the annual audit schedule for review and approval by Supervisor and the Audit Committee, including a risk assessment for the organization that can be used jointly by the Compliance and Enterprise Risk departments (ERM). Recommend enhancements and changes to the audit program to ensure effectiveness. Perform audit fieldwork and oversee all elements of the audit program, including reviews, evaluating the soundness, adequacy, effectiveness, and proper application of accounting, financial, regulatory compliance, and operational controls, and determining the extent of compliance with laws, regulations, and internal controls. Review activity of the departments classified as the “second line of defense” (including compliance, quality control, ERM and others) to ensure they fulfill their role as checks and balances. Oversee FDICIA testing, coordinate with external auditors, communicate findings with senior management, design and execute additional testing to demonstrate proper remediation when necessary, and maintain FDICIA control documentation and test results. Coordinate the meeting schedule for the Audit & Compliance Committee. Issue reports to appropriate levels of management stating conclusions and recommendations for improving the organization’s control structure. Interact with Senior Management to coordinate appropriate responses to audit report findings or other identified concerns; work with other business units to monitor and follow up on issues discovered during internal or external audits to ensure corrective action is taken. Assist in or conduct presentations to management or the Audit Committee or Board of Directors at the conclusion of an audit. Participate in committee proceedings and evaluations of new policies, procedures, systems, and products as assigned. Maintain current knowledge of developments applicable to auditing, banking, regulatory compliance, and technology, including FDICIA requirements. Work closely with external auditors and examiners in their work and assist in regulatory examinations. Act in accordance with First Bank & Trust policies and procedures as set forth in the employee handbook. Adhere to compliance procedures and participate in required compliance training.
Compensation
Salary Grade 8
Seniority level
Director
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Equal Opportunity: First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.
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Join to apply for the Audit Manager role at First Bank & Trust. This person is responsible for managing the Internal Audit Department, the “third line of defense” for the organization, including reporting directly to the Board Audit and Compliance Committee. The manager will be responsible for the execution of the internal audit program for the organization’s banking activities, including the traditional bank, national products, wealth management, and IT activities.
Qualifications
Bachelor’s degree and seven years of banking and/or audit experience or the equivalent. Certification: Certified Internal Auditor, Certified Public Accountant, or relevant certification from at least one bank trade association is required. Strong understanding of auditing standards, accounting principles, banking, and regulatory compliance. Ability to work well independently. Strong oral and written communication skills; strong analytical and problem-solving skills.
Principal Responsibilities
Lead the team and develop an atmosphere of teamwork, open communication and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained, evaluated, and motivated to perform their responsibilities in an effective and progressive manner. Assess risk across all levels of the corporation and develop the annual audit schedule for review and approval by Supervisor and the Audit Committee, including a risk assessment for the organization that can be used jointly by the Compliance and Enterprise Risk departments (ERM). Recommend enhancements and changes to the audit program to ensure effectiveness. Perform audit fieldwork and oversee all elements of the audit program, including reviews, evaluating the soundness, adequacy, effectiveness, and proper application of accounting, financial, regulatory compliance, and operational controls, and determining the extent of compliance with laws, regulations, and internal controls. Review activity of the departments classified as the “second line of defense” (including compliance, quality control, ERM and others) to ensure they fulfill their role as checks and balances. Oversee FDICIA testing, coordinate with external auditors, communicate findings with senior management, design and execute additional testing to demonstrate proper remediation when necessary, and maintain FDICIA control documentation and test results. Coordinate the meeting schedule for the Audit & Compliance Committee. Issue reports to appropriate levels of management stating conclusions and recommendations for improving the organization’s control structure. Interact with Senior Management to coordinate appropriate responses to audit report findings or other identified concerns; work with other business units to monitor and follow up on issues discovered during internal or external audits to ensure corrective action is taken. Assist in or conduct presentations to management or the Audit Committee or Board of Directors at the conclusion of an audit. Participate in committee proceedings and evaluations of new policies, procedures, systems, and products as assigned. Maintain current knowledge of developments applicable to auditing, banking, regulatory compliance, and technology, including FDICIA requirements. Work closely with external auditors and examiners in their work and assist in regulatory examinations. Act in accordance with First Bank & Trust policies and procedures as set forth in the employee handbook. Adhere to compliance procedures and participate in required compliance training.
Compensation
Salary Grade 8
Seniority level
Director
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Equal Opportunity: First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.
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