AVP Consumer Compliance Senior Auditor

Essential Functions

• Ensure the Company’s internal audit program is effective and meets regulatory and industry standards.
• Conduct and assist on internal audits pertaining to BSA/AML, OFAC, and regulatory compliance, including management of co-sourced engagements, and audit budget hours.
• Plan and execute risk-based internal audits and reviews of BSA/AML, OFAC, and regulatory compliance programs in accordance with the approved audit plan.
• Evaluate the design and operating effectiveness of internal controls related to BSA/AML, including but not limited to, sanctions, suspicious activity reporting (SAR), customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, currency transaction reporting (CTR), 314(a) / 314(b), OFAC etc.
• Support regulatory compliance audits such as Regulation Z, Regulation E, Servicemembers Civil Relief Act, Fair Lending, etc.
• Perform audit testing, document workpapers, and ensure audit evidence sufficiently supports audit conclusions in accordance with internal audit standards.
• Identify control gaps, process weaknesses, and regulatory compliance issues, including risk impact and develop well supported observations and recommendations.
• Prepare audit reports that communicate audit results, issues, and corrective action in a timely, clear, and concise manner.
• Prepare audit reports that communicate audit results, issues, and corrective action in a timely, clear, and concise manner.
• Evaluate corrective actions provided by management and track audit issues and validate corrective action plans and remediation efforts.
• Liaise between the bank and external parties, such as co-sourced internal audits, and lead or assist with the gathering of information, scheduling, and planning of these engagements.
• Work as a member of a project team and cultivate a strong working relationship with the Internal Audit team and line of businesses.
• Stay current on regulatory changes, emerging risks, and industry best practices related to BSA/AML and compliance.
• Adhere to professional auditing standards, including the Institute of Internal Auditors (IIA) Standards and Company’s policies.
• Actively participate in the Customer Service First program, support the values of the organization, and follow established policies and procedures.
• Perform other duties and special projects as assigned by Internal Audit management.

Minimum Qualifications

• Bachelor’s degree in business, accounting, finance, or related discipline.
• Minimum four (4) to five (5) years of experience in an audit-related role pertaining to BSA/AML and regulatory compliance at a regulated financial institution and/or public accounting firm.
• Knowledge of auditing standards and practices.
• Knowledge of financial institution regulatory environment and requirements.
• Related certifications or willingness and plan to obtain (CIA, CRCM, CAMS, or similar).
• Proficient in Microsoft Office applications (Excel, Word, PowerPoint, Co-Pilot).
• Working knowledge of BSA/AML regulations, OFAC requirements, and financial institution compliance programs.
• Ability to manage multiple tasks and deliver high-quality deliverables within deadlines.
• Strong attention to detail and accuracy.
• Demonstrated ability to remain unbiased in a diverse working environment.
• Effective communication skills to clearly convey audit findings.
• Ability to protect confidential information.