Lending Audit Supervisor

About the role

Supervisors are given a wide variety of diversified auditing assignments and are responsible for performing complex-level professional internal audit work. Supervisors lead audits and provide supervision and training while overseeing fieldwork. Additional responsibilities include development of internal audit procedures and scopes; preparing and presenting during internal audit kick-off and exit meetings with management, reflecting the results of work performed in internal audit reports, and presenting those reports to management and/or board committees. Performance is judged based on the quality of work, application of banking and audit knowledge, and ability to meet time constraints.

Responsibilities

• Ensure all assigned and supervised documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Assume responsibility for supervising projects and special assignments using established policies and procedures.
• Coordinate various phases of projects, review working papers for accuracy and completeness, and review audit reports for accuracy and suitability of presentation to management and board committees.
• Provide supervision and on-the-job training to staff assigned to projects.
• Assign work to staff members based on their knowledge and capabilities.
• Support training of staff members, offer guidance and direction, and give constructive criticism of working papers.
• Prepare written reports and/or sections to be included in a report.
• Communicate project’s progress, problems, resolutions, and other business concerns to Managers, Directors, or Chief Audit Executive.
• Review with Manager, Director and Chief Audit Executive significant findings that raise questions involving material misstatements, significant deficiencies or corporate governance related issues.
• Monitor management’s response to any internal or external audit findings, ensuring all findings are assigned to appropriate staff for follow up.
• Develop relationships with business units and provide high quality client service.
• Learn through direct supervisor proper delegation and management of workload and demonstrate ability to properly delegate and manage workload.

Other Responsibilities

• Pursue professional development opportunities, including external and internal training and professional association memberships and share information gained with management.
• Assume individual responsibility to learn all new technology introduced by the Bank as appropriate for Internal Audit.
• Prepare other reports and projects as requested from time to time by Managers or Directors.
• Perform other duties as may be assigned.
• Encouraged to join a community and/or professional association with Manager approval prior to joining.

Career Track Guidelines

• Perform all duties described above.
• Develop technical proficiency and competence.
• Work effectively as part of the Internal Audit team.
• Contribute to positive work environment by assisting other Supervisors, Senior Associates, Associates and Interns.
• Gain thorough understanding of the business units and develop rapport with those units.
• Demonstrate an understanding of appropriate business etiquette, including proper dress and business correspondence.
• Seek to learn through training and individual study.
• Actively participate in department community involvement program.

Qualifications

• Advanced knowledge of bank lending products, credit risk management, and lending operations.
• Strong understanding of banking regulations and supervisory guidance related to lending and credit risk.
• Excellent analytical, audit planning, and organizational skills.
• Strong written and verbal communication skills, including executive-level reporting.
• Ability to evaluate complex lending processes and assess control design and effectiveness.
• Strong project management and time-management capabilities.
• High degree of professional judgment, independence, and ethical standards.

Education And Experience

• Bachelor’s degree in business, finance, accounting, or a related field preferred.
• 5+ years of progressive experience in Internal Audit, bank examination, credit risk management, or public accounting with a focus on financial institutions.
• Prior experience auditing lending, credit administration, or loan operations for a financial institution strongly preferred.
• Banking or financial services audit experience required.

Certifications

• CPA or CIA strongly preferred.
• CFE, CRCM or other relevant professional certifications a plus.
• If CPA, must be a member in good standing with the AICPA and/or applicable state societies.