Auditing Manager; exempt),Auditing Job Lexington area,Kentucky USA,Finance & Banking

Position: Auditing Manager (exempt), Auditing

Auditing Department Manager

Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities SALARIED:
These employees are exempt and paid on a salaried basis on the 15th and last working day of each month. They are expected to work 40 hours each week, and are eligible for most fringe benefits offered by the Bank.

Job Summary

Manages the operations of the Auditing Department and assists in developing and implementing the internal audit plan for Central Bancshares, Central Bank & Trust Co., and any/all subsidiaries (entity). Manages the loan review program to ensure loans follow bank lending policies and risk guidelines.

Education / Experience Required

Bachelor's degree in Finance, Accounting or related field
Five years of accounting/auditing experience, to include experience as an independent auditor of bank financial statements or a bank internal auditor or other banking experience related to financial statements and/or internal controls
Two+ years' supervisory experience

Qualifications / Skills Required

Must have good typing skills, calculator skills, and computer skills
Working knowledge of Word, Excel and the Internet
Excellent verbal and written communication skills
Proven strength in research, analysis, problem solving, organization, time management, interpersonal skills and customer service

Essential

Job Duties and Responsibilities

Collaborates with the Chief Risk Officer to develop a risk-based audit plan for the Company and serves as a team leader for audits, including planning, performing, and reviewing audits, reporting the audit results, recommending improvements and monitoring corrective action.

Performs supervisory responsibilities to include interviewing and selecting new hires; training and mentoring personnel; making audit and other work assignments; reviewing and approving audit work papers and report drafts; monitoring employee performance and completing performance appraisals; ensuring adherence to the audit plan and schedule; and administering discipline.

Reviews the audit work performed by the Chief Risk Officer and other audit staff, including reviewing the audit work papers and report drafts, and provides feedback to ensure quality and consistency.

Oversees the development and implementation of the annual loan review plan, including identifying high risk areas for inclusion in the plan; maintains Loan Review Operating Policy that describes the responsibilities of the loan review function.

Recommends third-party loan review contractor for Audit and Examining Committee approval; coordinates periodic reviews and committee presentations; and, ensures that reviews meet annual loan review plan and scope.

Oversees the control testing performed for FDICIA to ensure timely completion, communication of results, and remediation efforts for any deficiencies noted.

Assists with the review and tie-out of the annual financial statements.

Performs employee account reviews of Bank employees based on established risk factors. Appropriately communicates any concerns or red flags for further review and evaluation.

Maintains the audit finding tracking spreadsheet and ensures it is updated quarterly for presentation to the Audit & Examining Committee.

In the absence of the Chief Risk Officer, facilitates meetings of the Audit and Examining Committee, including setting the agenda, preparing the meeting materials, conducting the meeting along with the committee chairman, and approving the meeting minutes.

Serves as an information resource to personnel regarding policies and procedures; accounting, auditing and internal control matters; and regulatory compliance matters.

Keeps informed of changes and developments in the banking industry and bank auditing, accounting and auditing standards, and current banking laws, regulations and compliance issues through self-study, continuing professional education and personal contact with peers, regulators and independent auditors, accountants and consultants.

Performs administrative and supervisory duties including, but not limited to: approving time reporting and employee absences, assisting in developing the department's…

Auditing Manager; exempt), Auditing