VP Internal Audit Project Manager II

About the role

The VP Audit Project Manager II is responsible for executing audits over the company’s banking functions. The objective is to ensure the Company’s internal controls are adequate by assisting with the development and implementation of an audit program that aligns with the size and complexity of First Financial Bankshares, Inc. (FFIN) and its subsidiaries.

Responsibilities

• Ensure the Company’s internal audit program is effective and meets regulatory and industry standards.
• Conduct internal audits of First Financial Bankshares Finance, Credit, Banking Products and Operation, and Human Resources, and First Financial Trust & Asset Management.
• Assist in the planning and execution of the Internal Audit Program in accordance with established internal controls, financial industry standards, and federal/state laws and regulations.
• Understand risks and internal controls and evaluate adequacy and efficiency of controls.
• Test internal controls to identify violations of operational-related laws or regulations and deviations from policies and procedures.
• Liaise between the bank and external parties, such as auditors and regulators, and lead or assist with the gathering of information, scheduling, and planning of these engagements.
• Review quality of outsourced or co-sourced audits including assessing workpapers.
• Prepare audit reports, including the audit opinion and audit issues in a timely, clear, and concise manner.
• Analyze report findings, recommend interventions where needed, and propose creative and pragmatic solutions to risk and control issues.
• Monitor progress of the audit issues' resolutions and validate proper implementation prior to closure.
• Participate in key business initiatives and proactively advise and/or provide feedback to management.
• Implement integrated audit approach and data analytics within the scope of the audits (when possible).
• Identify solutions for a variety of complex and unique control issues, using complex judgment and sophisticated analytical thought.
• Supervise the audit team in the completion of audit engagements and ensure the audits are completed with high quality and timely.
• Partner with Bank and holding company line-of-business managers and risk staff to develop approaches for addressing emerging issues.
• Perform the risk assessment to the auditable entities assigned on a semi-annual basis to identify the risk impacting the company and determine whether the control environment is appropriate to mitigate the risk.
• Actively support the Customer Service First program, support the values of the organization, and follow established policies and procedures.

Requirements

• Bachelor’s degree in accounting, finance, or related discipline or equivalent work experience in financial institution.
• Minimum seven (7) years of experience in a related role at regulated financial institution and/or Big Four accounting firm is required.
• Knowledge of financial institution regulatory environment and requirements.
• Related certifications (CPA, CIA, or similar) is preferred.
• Previous Finance, Credit, Banking Product, Trust, Operations audit experience.
• Understanding of risks and internal controls and the ability to evaluate and figure out adequacy and efficiency of controls.
• Ability to manage multiple tasks and deliver high-quality deliverables within deadlines.
• Demonstrated ability to implement continuous improvement and innovation in audit tools and techniques.
• Consistently demonstrate clear and concise written and verbal communication.
• Demonstrated ability to remain unbiased in a diverse working environment.
• Effective communication and negotiation skills.
• Ability to protect confidential information.