What are the responsibilities and job description for the Associate Internal Audit II position at City National Bank?
If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.
The Opportunity
The auditor will work within a team and on occasion as an individual contributor on routine audit assignments testing internal controls and ensuring compliance with bank policies, procedures, and regulatory requirements.
The Responsibilities
- Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
- Develops a general knowledge of the business, regulatory and accounting and control environment in which City National Bank operates.
- Keeps informed of new services, products and events that have a significant technology and business impact.
- Keeps abreast of changes in the business, regulatory, accounting and control environment in which City National operates, particularly in areas where audit responsibilities are assigned.
- Assists the Senior Auditor and or Audit Manager in the development of the audit scope.
- Holds preliminary discussions and interviews with auditees prior to the beginning of the field work.
- Prepares narratives / flowcharts detailing internal controls of area audited.
- Documents the workflow in the area audited, develops audit programs or procedures, and updates audit programs as necessary.
- Performs program procedures and documents work performed, test results and conclusions using work paper preparation guidelines.
- Holds discussions / interview with auditee to gather information, obtains explanations and supporting data / information and documents audit findings and the conclusions drawn.
- Keeps the Senior Auditor and / or Audit Manager abreast of progress, issues and audit matters as they arise.
- Contributes to the drafting of audit observation sheets and audit reports.
- Supports and or participates in audit exit meeting with management.
- Ensures written reports are properly prepared and formatted for distribution.
The Qualifications
This is the pay range that Magnit reasonably expects to pay for this position : $51.47 / hour - $55.17 / hour
Benefits : Medical, Dental, Vision, 401K
QUALIFICATION / LICENSURE
Work Authorization : US Citizen, Other valid work visa
Preferred years of experience : 3 years
Travel required : No travel required
Shift timings :
Salary : $51 - $55
