Auditor

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

CORE VALUES:  Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus

ABOUT THE ROLE:

The Auditor is responsible for the development and execution of internal audits for the functional areas of Alerus and communicating findings to the appropriate persons. They are also responsible for assisting with company-wide projects as well as various research requests.

WHAT YOU’LL BE DOING:

• Plan and perform assigned internal audits in alignment with the annual audit plan. This includes preparing or updating planning and risk assessment tools for each audit, ensuring that all audits are conducted in a timely manner using a risk-based approach. Sufficient documentation must be maintained to support the audit procedures performed.
• Develop or update audit programs as necessary, taking into account new regulations and the results of risk assessments. This ensures that the audit programs remain relevant and effective in addressing current risks and regulatory requirements.
• Supervise and provide guidance to Assistant Auditors, ensuring that their work papers are thoroughly reviewed. This oversight helps maintain the quality and accuracy of the audit work performed and supports the professional development of the audit team.
• Monitor the progress of audit recommendations issued by internal audit and external organizations such as the OCC, SEC and independent accountants. This involves tracking the implementation of recommendations and ensuring that any issues identified during audits are addressed in a timely manner.
• Maintain current knowledge of company procedures and regulations by attending meetings, training sessions, and carrying out a program of continuing education. This includes seeking specialized training for applicable audit areas through self-study materials, conferences, and telephone seminars to ensure up-to-date expertise.
• Strive to identify opportunities for efficiencies while performing audit procedures. Assist in streamlining processes and functions while maintaining adequate controls, and analyze current company policies and procedures for appropriateness. Perform research on new regulations and adjust audit programs as necessary to ensure compliance and effectiveness.
• Responsible for both verbal and written reporting of audit findings. This includes communicating policy exceptions, compliance violations, and control weaknesses to department supervisors and managers during audit engagements. Additionally, present final reports to the management of departments audited and support all audit work for presentation to the Audit Committee, external auditors, and regulatory examiners.
• Submit audit work, findings, and reports to the Senior Auditor for review. Ensure that all audit documentation is thorough and accurate, facilitating a smooth review process. This step is crucial for maintaining the integrity and reliability of the audit process.

WHAT YOU SHOULD HAVE:

• Bachelor’s degree from a college or university. Experience in bank or financial institution internal auditing is preferred. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
• Professional certification (CPA, CBA, CIA or CFSA) or advanced degree is a plus but not required. 
• Broad knowledge of traditional banking functions.
• Experience with evaluating and testing internal controls.
• Strong oral and written communication skills.
• Ability to perform research independently and work under minimal supervision.
• Excellent organizational and time management skills, with the ability to provide leadership, supervision and training for employee’s using positive supervisory techniques to ensure maximum productivity; demonstrated ability in organization and delegation skills.

WHAT WE BRING TO THE TABLE:

• Competitive compensation including base salary, bonus and/or incentive opportunities.
• Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.
• Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.
• Learning and development resources for personal and professional career development, and advancement opportunities.
• Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.