Internal Auditor Job Buffalo area,New York USA,Finance & Banking

Position: Internal Auditor I

Internal Auditor I

The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.

Reports To:

Internal Audit Manager

Department:
Internal Audit

FLSA Status:
Exempt

Purpose:

The Internal Auditor I performs financial, operational, and compliance audits, Sarbanes-Oxley ("SOX") Section 404 control testing, investigations as required, and consultative engagements throughout the company to help achieve completion of the risk-based Internal Audit Plan. This position interacts with associates in all areas of the bank's footprint and all internal departments. The role has high visibility to both senior and executive leadership of the organization as well as external financial auditors.

The Internal Auditor I receives training to provide practical experience in applying the principles, theories, and concepts of auditing to specific situations. Incumbents work under close supervision, receive instructions, and work is reviewed to verify accuracy & conformance to required procedures and instructions and to facilitate the incumbent's training. The work emphasizes carrying out basic audit tests and procedures and preparing selected portions of audit working papers and reports.

Supervisory Responsibilities:

Degree of Supervision Received:
Extensive

Supervision Received (title):
Manager/Director

Degree of Supervision Given:
None

Supervision Given to (Titles): N/A

Essential Functions:

Demonstrates the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders;

Incorporates the high-performance behaviors of the Five Star Bank HEART Values in every facet of work;

Maintains current knowledge of internal auditing concepts and audit practices, including the IPPF;

Maintains financial institution specific knowledge through required Compliance trainings, webinars, conferences, and other means to stay abreast of the ever-changing environment and requirements the Company operates in;

Responsible for providing input and assisting in the development of the scope of assigned audits and Sarbanes-Oxley (SOX) Section 404 control testing;

Discusses and reviews work programs with audit department management and/or others assigned to the audit before commencing test work to maintain consistent, effective audit coverage;

Performs tests of operating effectiveness on the Company's system of internal controls;

Evaluates activities across the organization for adherence to policies, procedures, and regulations;

Prepares work paper documentation to support testing performed and conclusions reached;

Explains, clarifies, or corrects documentation to clear any review comments by audit department management or experienced auditor's review of work papers, conclusions, and recommendations;

Discusses irregularities, exceptions, and deficiencies identified with audit department management or lead auditor prior to communicating with the area's supervisory personnel;

Inputs confirmed findings and management's responses into the Audit Management System for tracking and reporting purposes;

Participates in department initiatives & projects as necessary.

Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of HEART in every facet of work.

Job Related Qualifications – Education and Prior

Experience:

Required:

Education:

Bachelor's Degree
Prior

Experience:

1+ years of Internal Audit or Public Accounting experience or internship experience
Licenses or Accreditation:
None

Preferred:

Education:

Bachelor's Degree in Finance, Accounting, Auditing, Information Systems, Information Technology, Data Management/Analytics;
Prior

Experience:

2+ years of…