What are the responsibilities and job description for the IT Senior Auditor position at Farmers and Merchants Bank of Long Beach?
Job Summary
The Senior Information Technology (IT) Auditor supports the IT Senior Audit Manager in the completion of the annual IT audit plan by planning and conducting IT internal audits, performing audit in-charge responsibilities, and conforming to the Internal Audit Charter and Standards. IT internal audits include Information Technology and Information Security departments.
Essential Duties
Plan, execute, and report on results of assigned audits, including the following:
- Develop and/or update audit programs, checklists and/or guides
- Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations
- Prepare process narratives, flow charts and descriptions of internal controls
- Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors
- Compile and analyze audit issues identified in the audit
- Identify improvement opportunities and develop recommendations for corrective/improvement action plans
- Review work of assigned auditors
- Prepare audit reports
- Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues
- Effectively perform audit in-charge responsibilities (i.e. planning, work paper review, report preparation, etc.)
- Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources
- Assist with various operations level work efforts including integrated audits and the annual risk assessment update
- Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines
Develop and maintain collaborative working relationships with management, learning and understanding the business to better provide value-added services, help management achieve objectives, and enhance customer satisfaction
- As directed by the IT Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations
- Maintain appropriate knowledge of Bank IT and IS operations
- Track and follow up on open IT audit issues for audit validation
- Perform special projects at the request of the Operations Senior Audit Manager
- Maintain a professional development plan to continually develop audit skills
Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff. Completes compliance and other technical training workshops as assigned.
Non-Essential Duties
- Be familiar with Bank’s practices, policies, and culture
- Perform other duties as assigned
Basic Knowledge, Skills and Abilities
- Sound judgment, integrity and commitment to ethical behavior
- Ability to maintain confidentiality and treat sensitive information with discretion
- Excellent interpersonal and communication skills
- Understanding of internal auditing standards, COSO, and risk assessment practices, audit principles, and awareness of IIA standards for the Professional Practice of Internal Auditing
- Proficient with MS Office products
- Strong analytical skills and attention to detail
- Ability to work independently, with limited direction and guidance
- Detail oriented, accurate, and organized
- Strong time management skills
Officer Title Eligibility
For qualified positions, the Bank may designate an Officer Title to an employee who seeks and/or meets defined competencies for an eligible position. This position qualifies for the officer title(s) Assistant Vice President, Vice President.
Equipment Operated
- Desktop/laptop Computers
- Standard Office Equipment
Physical Requirements & Work Environment
- Requires sitting for prolong periods of time
- Requires lifting up to 10 pounds
- Hybrid work schedule available
- Office setting w/controlled temperature
- Requires periodic travel to local offices/branch locations
Education and Experience
- BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, Information Systems or Economics or equivalent work experience with IT Audit knowledge required
- Five or more years of banking experience required in: internal audit, public accounting, risk management, regulatory agency or related experience
- Banking/ financial services experience including Information Technology audit areas such as Information Security, Cyber Security, IT Systems/Applications, Business Continuity/Disaster Recovery, Infrastructure & IT Operations, IT Governance, Data Privacy and Cloud Computing
- Knowledge of security and control frameworks such as NIST Cyber Security Framework: ISO 17799/27001, CobIT, FFIEC, and ITIL
- Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or other related certification preferred
- Experience with audit software preferred
- Supervisory experience preferred
- Experience in data analytics preferred
- Experience with IT General Controls (ITGC) a plus
This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.
Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.
January 22, 2025
