BankOnBuffalo, Trust Internal Audit Officer

Description

The Trust Internal Audit Officer is responsible for executing risk based internal audit activities across Asset & Wealth Management functions, with a strong emphasis on regulatory compliance, operational risk, and internal control effectiveness. This role supports the Bank’s commitment to sound governance, fiduciary responsibility, and continuous improvement by evaluating trust operations and assisting with audits across additional business lines.

Below is a list of essential functions of this position. Additional responsibilities may be assigned in the position.

• Execute internal audit reviews across Asset & Wealth Management business functions, with primary focus on regulatory compliance and operational risk.
• Evaluate client documentation, fiduciary accounts, and contractual agreements to ensure compliance with regulatory requirements, fiduciary obligations, and internal policies.
• Prepare detailed audit work papers, document observations, and contribute to clear, actionable audit reports and recommendations.
• Provide audit support and coordination for regulatory examinations and external audits.
• Oversee and support evaluations of internal controls and business processes.
• Assist with the development and execution of audit procedures in other areas of the Bank, including deposit operations and loan administration.

Build positive relationships with internal and external clients by valuing other's feelings and rights in both words and actions, and embracing other's unique beliefs, backgrounds, and perspectives by demonstrating:

• Respect
  - demonstrates professionalism and integrity in all interactions by actively listening to colleagues and stakeholders, valuing diverse viewpoints, and fostering an environment of trust and collaboration. Treats sensitive client and fiduciary information with discretion while maintaining objectivity and fairness throughout the audit process.
• Client Focus – Builds and maintains strong relationships with internal business partners, trust administration teams, risk management and external stakeholders by understanding their needs and providing timely, accurate and constructive audit insights.
• Inclusion - Encourages open communication, values differing opinions, and collaborates effectively across departments to identify risks, strengthen controls, and support organizational objectives.

Demonstrates strong business ethics and honest behaviors and the ability to positively influence and work with others to achieve excellent results by demonstrating:

• Leadership - Demonstrates initiative, accountability, and sound judgment in executing audit responsibilities, providing guidance and influence that support effective risk management and fiduciary oversight.
• Integrity
  - Upholds the highest ethical standards by conducting audits with objectivity, confidentiality, and independence while ensuring compliance with regulatory and organizational requirements.
• Collaboration
  - Partners effectively with team members, business units, and stakeholders to share knowledge, address risks, and develop practical solutions that strengthen controls and processes.
• Volunteerism
  - Actively contributes to organizational and community initiatives, supporting employee engagement, professional development, and a culture of service consistent with the institution’s values.

Reflects skill, good judgement, positive conduct, and personal responsibility for assigned areas. Seeks to implement and leverage services and technologies that create efficiencies by demonstrating:

• Accountability - Takes ownership of assigned audits, reviews, and projects by delivering accurate, timely, and high-quality work, while exercising sound judgment and maintaining compliance with fiduciary, regulatory, and organizational standards.
• Innovation
  - Identifies opportunities to improve audit processes and enhance efficiency through the effective use of technology, data analytics, and best practices, supporting continuous improvement and risk management objectives.
• Professionalism - Maintains a professional and objective approach in all audit activities, consistently exercising sound judgment, respecting confidentiality, and fostering positive working relationships with all stakeholders.

Actively expands technical, regulatory, fiduciary, and audit knowledge by participating in training programs, professional certifications, industry conferences, and continuing education…