Careers

1st VP - Senior Audit and Risk Manager

Corporate Title: 1st VP
EEOC Class: Executive
Department: Audit
Reports to: Board of Directors and CEO

Position Summary:
The Senior Audit and Risk Manager will be charged with the management and oversight of the broad array of independent review and corporate governance functions including those related to the internal audit, and external audits/examinations. The Senior Audit and Risk Manager will regularly communicate with the Company’s Executive Management and Finance and Audit Committee on the status of internal controls, risk management, and corporate governance within the Company. The candidate will have independent reporting responsibilities to the Board of Directors and collaborate with external audit firms as necessary. The right candidate will play a major role in analyzing the risks and associated internal control implications of various strategic alternatives under consideration as well as new business development activities.

Essential Duties and Critical Responsibilities:

• Oversee the internal audit function, whether performed using in-house resources or outsourced resources.
• Develop a testing plan and perform periodic risk assessments of the company’s internal controls as required.
• Direct and/or approve all internal audit risk assessments, audit plans, audit programs and internal audit reports.
• Determine and approve risk, scope and frequency of services to be provided by any outsourced internal audit firms.
• Review work performed by any outsourced internal audit firm to determine that it meets the requirements of the Bank and the Finance and Audit Committee of the Board of Directors, the professional standards, and the standards of the FFIEC guidance on internal audit.
• Maintain contact with the Bank’s primary regulatory representative to coordinate periodic examinations.
• Develop, maintain and annually obtain approval of the Audit Charter.
• services provided by both internal and external auditors on an annual basis and submit results to the Finance and Audit Committee.
• Facilitate annual review of standard operating procedures (SOP) with department managers.
• Oversee testing of SOX 404 key controls and report results to Finance
• Track identified deficiencies and work with business owners towards resolution.

Background/Experience:

• 7-10 years of experience in increasingly responsible positions in internal audit with a principal focus on banking.
• Strong proficiency in auditing standards and principles; CIA (Certified Internal Auditor), CPA (Certified Public Accountant) or CFA (Certified Financial Auditor) professional certification preferred.
• Strong knowledge of SOX
• Strong knowledge of bank regulatory issues, rules and regulations at the Federal, State and local levels, and experience with such agencies.
• Knowledge of fraud prevention and detection.
• 6 years experience working with OCC or government regulators
• Strong leadership and management skills.
• Excellent project management, communication and documentation skills.
• Attention to detail and commitment to meeting deadlines.
• Ability to effectively present information to management, auditors and regulators and respond to questions from same.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to define problems collects data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstracts and concrete variables.