Senior Principal Auditor, Issues Management - Professional Practices

Job Summary:

We value talented employees, and strive to help our associates grow professionally within the organization. If you think this new opportunity is right for you, we encourage you to apply! Our people make all the differences in our success.

United Fidelity Bank (the Bank)’s Internal Audit department is a dedicated group of professionals focused on delivering top-quality assurance and consulting services to the Bank’s Senior Management and Audit Committee. Audit professionals are experienced, well-trained and credentialed, and operate within a collaborative environment to deliver value-added opinions and recommendations relating to the overall Risk Management Framework.

The Internal Audit Department is seeking an energetic, motivated Senior Principal Auditor to join the newly developed Professional Practices team within the department. The individual hired for this exciting opportunity will oversee the department’s Issue Tracking and Validation Program, driving timely remediation of identified issues and assisting the Director of Internal Audit, Professional Practices with monthly board and committee reporting.

Essential Job Functions include, but are not limited to:

• Develop and oversee the Internal Audit Department’s Issue Tracking and Validation processes by establishing a robust framework for tracking audit issues, including monitoring and reporting of the status of outstanding audit issues to senior management and the Bank’s Audit Committee.
• Collaborate with In-Charge Auditors to review audit issues identified during internal audit engagements to ensure that identified issues are classified appropriately based on their risk level, regulatory implications and business impact.
• Ensure that all identified issues clearly document root causes, control deficiencies, and impact to the organization in supporting documentation and detailed audit reports.
• Collaborate with In-Charge Auditors with regards to the development and prioritization of remediation efforts. Ensure that comprehensive remediation plans are developed in conjunction with the line of business partners, to include clear and appropriate timelines and detailed action plans based on the identified risk-level of the issue.
• Track progress on issue remediation, escalate concerns where necessary, and ensure timely completion of corrective actions and validation processes, as defined in established internal audit procedures.
• Analyze recurring issues to identify systemic control weaknesses and proactively recommend process improvements.
• Manage the internal audit department’s issues management database to track the status of open issues, corrective actions, and remediation completion dates.
• Effectively communicate with the appropriate In-Charge Internal Auditors as to the current status of outstanding issues and review progress with the internal auditor and line of business, as appropriate.
• Self-prioritize and effectively plan your own work activities, managing multiple priorities and tasks across the team to deliver quality results. Proactively take on additional work to support the team when possible.
• Provide training and coaching to audit team members relating to the department’s issues management program, and, as applicable, provide training to the broader Audit Department.
• Comply with all Bank policies and procedures, including, but not limited Conflicts of Interest Policy, “Red Flags” Policy and Program, and the Bank Secrecy Act.

To perform this job successfully, an individuals must be able to perform each essential duty satisfactorily. In accordance with the American with Disabilities Act, reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Skills and Abilities Required to Perform Essential Job Functions:

• You are a critical thinker who seeks to understand the business and its control environment.
• You believe insight and objectivity are core elements to ensure that identified issues are remediated in a timely and efficient manner, and are validated according to the Internal Audit Department’s documented policies and procedures.
• You possess a relentless focus on quality and timeliness.
• You adapt to change, embrace bold ideas, and are intellectually curious.
• You like to ask questions, test assumptions, and challenge conventional thinking.
• You develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact and elevate Audit’s value proposition.
• You are a firm believer that an understanding of data, innovation, and technology will only make the department better. This will require leveraging the power of data analytics and furthering your technical expertise.
• You have a passion for coaching, mentoring and investing in the betterment of your team. You lead through change with candor and optimism.
• You create energy and an environment that fosters trust, collaboration, and belonging, making it easy to develop and work in a team atmosphere.
• Adaptability, resilience, and a willingness to accept change in an ever-evolving workplace.
• High personal integrity and emotional intelligence, with demonstrated ability to manage sensitive matters in a discreet and responsible manner.

Education, Experience and Qualifications:

• Bachelor's degree in accounting, business administration, finance, information technology, computer science or in a related discipline. Master's degree would be a plus.
• 6-8 years of relevant working experience in internal audit gained from working in financial institutions.
• Certified Internal Auditor (CIA) is required. Possession of relevant professional qualifications such as Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA) or Certified Information Security Manager (CISM) would be an advantage.
• Strong business and strategic understanding of banking business/operations and internal audit approaches.
• Demonstrated proficiency in implementing the IPPF, the Standards, Quality Assurance standards and other leading practices of internal auditing.
• Experience working with AuditBoard or other automated audit software.
• Strong reporting, writing and communication skills.
• Strong interpersonal and influencing skills, able to interact effectively with internal and external stakeholders.

Physical Requirements of Essential Job Functions:

The associate is frequently required to sit and/or stand, communicate, reach, and manipulate objects, tools or controls that are typical of an office/bank environment. Lifting items weighing up to 10 pounds on a consistent basis. Manual dexterity and coordination are required over 80% of the work period while operating equipment such as computers, phones, calculators, etc.

Working Conditions:

• Typical office environment.
• Extended viewing of computer screens.
• If hired as a remote employee, travel to the Bank’s headquarter will be required for meetings, training, etc. Travel will be <10%.

The above statements are intended to describe the general nature and level of work performed by associates assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of the associate classified as such. Duties and responsibilities may be added or changed as deemed appropriate by management at any time therefore, they could differ from those outlined above.

United Fidelity Bank is proud to be an Equal Opportunity/Affirmative Action employer All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

Please note: UFB does not accept resumes from independent recruiters or external staffing agencies for any of our openings unless we have an agreement in place, signed by the FVP of Human Resources.