Director - Audit & Assurance

Position Summary

Independently examines and evaluates internal controls governing financial reporting and business processes, including review of the Company’s relevant risks, internal controls, efficiency, effectiveness, governance, performance and compliance. Provides assurance that the Company maintains effective internal controls at a reasonable cost across all business processes.

Primary Accountabilities

• Prepares MSB’s Internal Audit Plan based on identified financial and operational risks and relevant accounting requirements for each financial year and presents it to the Senior Risk Committee for review and Audit Committee of the Board of Directors for approval.
• Manages teams of auditors specializing in financial and operational audits, as well as administrative / support personnel.
• Sponsors the Company’s Internal Audit Policy.
• Complies with professional accounting and auditing standards in the conduct of all assurance activities.
• Provides to executive management and the Audit Committee an Internal Audit progress report detailing Control measures analyzed, Internal Audit methodology, findings, recommendations and a summary of management’s responses, actions and action dates.
• Serves as the Company’s primary liaison with federal and state regulators to ensure efficient and effective completion of onsite examinations and follow-up.
• Works with subject matter experts within Risk Management to ensure efficient and effective conduct of independent reviews of operational, credit and regulatory risks.
• Maintains compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).

Qualifications

• Education/Experience: Bachelor’s degree from an accredited college or university on related subject. Significant experience in banking risk and / or audit management. CPA or similar certifications are preferred.
• Competencies: Business insight, Drives results, Makes sound decisions, Being a brand champion, Collaborates, Communicates effectively, Customer focus, Being Authentic, Emotional Intelligence, Self development, Being flexible and adaptable.