What are the responsibilities and job description for the AUDIT SPECIALIST position at Frost Bank?
It’s about holding each other accountable.
Do you consider yourself to be detail-orientated? Passionate about understanding different processes and procedures? Are you described as someone who is approachable, respectful, and engaged when solving problems? If so, being an Audit Specialist at Frost could be for you.
At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.
Who you are:
As an Audit Specialist, you are our control system. You will be responsible for being an advisor and leader in your area of specialty. You’ll use your strong problem-solving skills and communication skills to present your findings and create recommendations that align with our core values of integrity, caring and excellence. You believe in constant improvement and want to use your insights to strive for impactful change.
What you’ll do:
Be an audit leader that specializes in a segment of the internal audit function, advising and assisting Audit management and staff as required
Be an advisor in area of specialty to bank management, participate in Advisory engagements and assist management in establishing or improving their governance, risk management, and control processes
Supervise audits of the most complex auditable entities in area of specialty, to ensure internal controls are adequate and operating properly, general ledger and internal checking accounts are fairly presented, bank and/or customer assets are safeguarded, and compliance with Board policies, selected law and regulations
Review audit work papers and reports for accuracy, completeness, and appropriateness of information and conclusions drawn to ensure audit objectives are accomplished. Provide review comments to auditors and perform necessary follow-up
Present completed work papers and detailed reports of audit findings and recommendations, highlighting unusual aspects or exceptions to an Audit Manager in a timely fashion and with the highest levels of quality as to style and content
Address and resolve issues identified by staff auditors on your engagements
Under the direction of an Audit Manager, can be responsible for presenting final audit reports to department managers and division heads
Manage assigned special projects for team or department; participate in process improvement, brainstorming and task force groups
Maintain direct ongoing communication with audit client regarding the status of engagements, recommendations, and potential findings.
Adhere to the Standards for the Professional Practice of Internal Auditing.
Continue professional development through self-training (books, periodicals, memberships in professional groups, etc.) and participation in recommended courses, seminars, and in-house training sessions
Always act using Integrity, Caring, and Excellence to achieve all-win outcomes
What you’ll need:
Bachelor's Degree - Accounting, Finance or other relevant degree plan as approved by management
6 years’ experience in auditing various segments of banking, trust, and/or securities activities, or an equivalent amount of related other audit or financial services experience
Extensive knowledge of bank laws and regulations
Proficient in interpreting compliance requirements
Expected to have at least one certification (CPA, CFIRS, CRCM, CIA, CISSP, CISM, or CSSLP); one in area of specialty
Strong organization and time management skills
Proficiency in Microsoft computer applications
Strong written and verbal communication skills
Additional Preferred Skills:
Additional licenses and certification in other related fields (CRP, CFE, CAMS, etc.)
Experience with bank examinations
Our Benefits:
At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:
Medical, dental, vision, long-term disability, and life insurance
401(k) matching
Generous holiday and paid time off schedule
Tuition reimbursement
Extensive health and wellness programs, including our Employee Assistance Program
Referral bonus program more!
Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.
