What are the responsibilities and job description for the Internal Audit position at PGM TEK, Inc.?
Job Description
Essential Functions :
- In charge of the Bank's quality assurance program by reviewing the work papers of Bank's outsourced internal audit firm.
- Follow up to make sure the audit findings are timely addressed by the responsible departments, and perform the review and testing as needed.
- Reviews audit work papers to ensure that the scope of the audit is adequate, required procedures are performed, and the conclusions reached are supported.,
- Assesses whether department activities as described in the audit comply with Bank's policies and procedures, and respective government regulations
- Prepares and submits recommendations for follow up to the Board of Directors.
- Mitigates risk to the Bank by identifying issues that may be viewed by regulators as problematic.
- Monitors departments' compliance with recommendations made in auditor's reports.
- Conducts special studies for management such as those required to discover mechanics of detected fraud and to develop controls for fraud prevention.
