Internal Auditor I

About the role

The Internal Auditor I performs financial, operational, and compliance audits, Sarbanes-Oxley (“SOX”) Section 404 control testing, investigations as required, and consultative engagements throughout the company to help achieve completion of the risk-based Internal Audit Plan. This position interacts with associates in all areas of the bank’s footprint and all internal departments. The role has high visibility to both senior and executive leadership of the organization as well as external financial auditors.

Responsibilities

• Demonstrates the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders;
• Incorporates the high-performance behaviors of the Five Star Bank HEART Values in every facet of work;
• Maintains current knowledge of internal auditing concepts and audit practices, including the IPPF;
• Maintains financial institution specific knowledge through required Compliance trainings, webinars, conferences, and other means to stay abreast of the ever-changing environment and requirements the Company operates in;
• Provides input and assists in the development of the scope of assigned audits and Sarbanes-Oxley (SOX) Section 404 control testing;
• Discusses and reviews work programs with audit department management and/or others assigned to the audit before commencing test work to maintain consistent, effective audit coverage;
• Performs tests of operating effectiveness on the Company’s system of internal controls;
• Evaluates activities across the organization for adherence to policies, procedures, and regulations;
• Prepares work paper documentation to support testing performed and conclusions reached;
• Explains, clarifies, or corrects documentation to clear any review comments by audit department management or experienced auditor’s review of workpapers, conclusions, and recommendations;
• Discusses irregularities, exceptions, and deficiencies identified with audit department management or lead auditor prior to communicating with the area’s supervisory personnel;
• Inputs confirmed findings and management’s responses into the Audit Management System for tracking and reporting purposes;
• Participates in department initiatives & projects as necessary.

Qualifications

• Degree of Supervision Received: Extensive Supervision Received (title): Manager/Director Degree of Supervision Given: None Supervision Given to (Titles): N/A
• Job Related Qualifications – Education and Prior Experience: Required: Education: Bachelor’s DegreePrior Experience: 1+ years of Internal Audit or Public Accounting experience or internship experienceLicenses or Accreditation: None Preferred: Education: Bachelor’s Degree in Finance, Accounting, Auditing, Information Systems, Information Technology, Data Management/Analytics;Prior Experience: 2+ years of Internal Audit or Public Accounting experience Licenses or Accreditation: None

Competencies

• Strong analytical skills.
• Strong communication skills both verbal (i.e., telephone, virtual meetings, etc.) and written (i.e., email, presentations, etc.), including the ability to explain results at a level that resonates across many different audiences.
• Strong organizational skills and ability to prioritize, multitask, and work in fast-paced environment.
• A strong understanding of auditing principles and concepts, financial institutions regulatory requirements, and Sarbanes-Oxley requirements is expected to be acquired.
• Focused on meeting the expectations and requirements of both internal and external customers.
• Self-motivated, takes initiative, and has an ability to perform under pressure to ensure work is completed on schedule and meets high-quality standards.
• Strong PC skills including Microsoft Office Suite, (Excel, Word, PowerPoint, Outlook, Teams) and familiarity with audit management software (e.g. AuditBond, TeamMate, AuditBoard, etc.).
• Desire to pursue audit-related certifications or related career path preferred;
• High level of attention to detail with the ability to follow detailed procedures and ensure accuracy.
• Able to handle all bank and customer related information, and sensitive matters professionally and confidentially.
• Exhibits a high level of integrity, judgment, accountability, and follow-through.
• Able to interact effectively with entry-level associates and area managers during audit duties.

Physical Requirements

• Able to regularly sit for prolonged periods of time.
• Able to travel occasionally.
• Extensive computer usage is required.