Internal Auditor

We have a challenging opportunity for an experienced Internal Auditor to support and lead various internal auditing activities for our Internal Audit team. This position will be hybrid remote/on-site in Westerly, RI. This position plans, develops, coordinates, and performs audits and Sarbanes-Oxley (SOX) related internal control testing under the direct supervision of the Chief Audit Executive.

We offer a hybrid schedule (on-site/remote) with expectations of periodically working on-site in Westerly, RI.

Responsibilities include:

• Lead and perform all aspects of audits (ranging in size, scope, and complexity), including formulating audit plans, identifying and assessing risks, performing internal control/SOX testing, preparing audit workpapers, regularly communicating with key stakeholders (including all levels of management), and preparing written audit reports.
• Prepare audit work products in accordance with department quality standards which are based on The Institute of Internal Auditors Global Internal Audit Standards.
• Apply a risk-based approach to audit work, by researching and obtaining relevant information about business/operations/support areas to be audited and documenting identified risks and key controls to be tested.
• Conduct entrance, interim, and exit meetings with management to communicate audit scope, on-going progress, and final audit results, observations, and recommendations for corrective action.
• Obtain and analyze relevant audit evidence as a basis for testing, making informed decisions, and drawing conclusions on the adequacy and effectiveness of controls.
• Prepare audit workpapers utilizing a cloud-based Audit Management/workpaper system.
• Manage audit assignments within time budgets and target dates.
• Proactively stay informed of banking and financial services industry trends and regulatory changes.
• Proactively stay informed of Internal Auditing and Fraud-related professional standards; maintain CPE requirements for professional certifications.
• Collaborate with external auditors, regulatory examiners, and vendors, as deemed necessary.
• Perform other tasks assigned by Internal Audit Management that relate to the Internal Audit Department’s activities or the Bank and its functions, as deemed necessary.

Qualifications, Education, and Experience:

• Bachelor’s Degree required, preferred in a business-related discipline (e.g., Business Administration, Finance, Accounting, Business/Data Analytics).
• Minimum 3 years internal auditing experience, with preferred exposure in the banking or financial services industry.
• Familiarity with The Institute of Internal Auditors Global Internal Audit Standards.
• Strong knowledge of internal control concepts, frameworks, and audit testing methodologies, including performing risk assessments, preparing audit plans, performing audit tests of controls, performing detailed substantive test work, preparing audit workpapers, and preparing audit reports.
• Strong critical thinking, analytical, and problem-solving skills.
• Strong mindset of creativity and innovation, agility, and continuous improvement.
• Outstanding communication and diplomacy skills, including the ability to effectively interpret and communicate complex issues and associated risks in a succinct and respectful manner both verbally and in written audit reports.
• Ability to collaborate and build strong business relationships with peers, key stakeholders, and all levels of employees within the organization.
• Proficiency in Microsoft Office (e.g., Word and Excel) and Adobe Acrobat Standard tools.
• Experience utilizing cloud-based Audit Management/workpaper systems and communication/collaboration tools.

Additional Preferred Qualifications:

• Professional Certification(s), such as the CIA, CFE, CRMA, or CPA designations; or the willingness to pursue professional certifications.
• Experience utilizing data analytics tools and continuous assurance monitoring processes.
• Experience with or comfort and willingness to perform audit work and testing of controls related to Information Technology (i.e., IT General Controls).
• Fundamental understanding of AI (Artificial Intelligence) and its potential benefits to streamline and enhance auditing activities.

Our employees enjoy a comprehensive benefits package, which includes health and welfare benefits, paid time-off, work-life program, and a 401(k) plan. We believe employees who are valued, recognized, rewarded and empowered, will achieve personal and professional growth. Apply today and find out why we have been voted one of the Best Places to Work in Rhode Island since 2011!

The Washington Trust Company, and each of its subsidiaries and affiliates are committed to cultivating and promoting a diverse and inclusive workforce. We seek to provide an environment of equal employment opportunity and advancement to all employees and applicants. It is our policy to provide equal employment and advancement opportunities without regard to race, color, ethnicity, age, religion, gender, pregnancy/childbirth, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, or any other category protected by federal, state and/or local laws. Click Here to view the EEOC "Know Your Rights" notice and Click Here to view the "Pay Transparency Nondiscrimination Provision".