What are the responsibilities and job description for the Compliance Audit AVP position at Social Capital Resources?
Growing Bank is seeking a Compliance Internal Audit AVP for a permanent position!
Responsibilities:
- Effectively prepare a well-developed risk based audit approach and document high quality work papers for operational and financial audits in accordance with professional standards;
- Understanding of concepts related to general banking businesses including applicable laws and regulations
- Understand and document business systems / processes;
- Execute high value audits, identifying risks, assessing mitigating controls, determining “root causes” and making recommendations to improve the control environment;
- Prepare audit report summarizing background of audit performed, audit scope, recommendations and audit conclusion;
- Prepare work papers documenting and supporting audit procedures, findings and results;
- Follow-up on open audit issues and their resolution; and • Participate in department-wide initiatives and perform other duties as assigned.
- Develop strong collaborative relationships with stakeholders and serve as a trusted advisor while maintaining objectivity and independence in both fact and appearance.
- Stay abreast of industry trends to identify potential issues and risks, as well as relevant best practices, laws, rules and regulations impacting financial institutions and ensuring that the changes are incorporated into the audit planning and risk assessment process.
Qualifications:
- 3 years of professional auditing experience in financial services and/or public accounting experience.
- A Bachelor's degree in Business, Accounting, Finance, or a related field is required.
- Demonstrated experience in leading and executing all aspects of the audit lifecycle, including planning, risk assessment, scoping, detailed testing and reporting.
- Familiarity with concepts related to Bank operations (deposits, loans, cash management) and Finance (financial reporting, financial planning and analysis, expense management, and vendor management) preferred.
- Strong project management and time management skills, ability to adapt quickly to changing demands and environment and rapidly develop in-depth knowledge of new audit areas.
- Demonstrated knowledge, skills, and experience in applying the principles and practices of internal auditing in accounting, financial, and operational environments including auditing business functions.
Salary : $100,000 - $130,000
