Audit Project Manager

UMB Bank•Kansas City, MO

6d•$69,230 - $149,000•Hybrid

About The Position

Corporate Audit Services’ role as the internal audit department is to assist management in attaining company goals by providing an independent and objective assurance or advisory services designed to add value and improve the organization’s operation by independently reviewing and evaluating the effectiveness of risk management, controls, governance and operations and by providing objective analyses and constructive recommendations for improvement. As the Audit Project Manager, you will perform/oversee the risk assessment, planning, fieldwork, and reporting phases of assigned audits with direction from an Audit Manager or Audit Director. This role will also support broader initiatives and strategic priorities as assigned by Corporate Audit Services leadership. This role is hybrid (Mon through Thu on-site / Fri remote) at our downtown Kansas City, MO location. How you’ll spend your time: Oversight of the development and execution of a risk-based testing approach for assigned functional audits, review and evaluation of process walkthroughs and documented workpapers, and effective communication with the client and audit team during all phases of the audit. Lead teams of one to three staff auditors with responsibility for on-the-job training, development and feedback. We’re excited to talk with you if: You have a Bachelor’s degree or equivalent in Accounting, Finance or Business Administration and at least 4 yrs of experience in audit program development, internal control consulting, or risk management utilizing various automated tools and techniques. You have in-depth understanding of internal audit standards and frameworks such as COSO, IIA Professional Standards, and COBIT. You have strong analytical skills and able to review data, develop themes and determine what is important. You can logically organize thoughts and provide a strategic perspective to audit planning and execution. You are able to present opinions in a clear and concise manner in order to influence peers and management. You have in-depth understanding of how the audit process is designed and the purpose/objective of each task. You can identify and assess risks and controls, distinguish between a root cause and a symptom, and identify and provide fact-based criteria to support conclusions. You can independently develop a risk-based test approach and plan. You are able to anticipate roadblocks/delays, assesses critical path, develops alternative approaches. You can evaluate data mining strategies using MS Excel, MS Access or other tools to quantify results or test controls. You have proficiency in conducting interviews in order to gather information from all levels of management.

Requirements

Bachelor’s degree or equivalent in Accounting, Finance or Business Administration and at least 4 yrs of experience in audit program development, internal control consulting, or risk management utilizing various automated tools and techniques
In-depth understanding of internal audit standards and frameworks such as COSO, IIA Professional Standards, and COBIT
Strong analytical skills and able to review data, develop themes and determine what is important
Logically organize thoughts and provide a strategic perspective to audit planning and execution
Able to present opinions in a clear and concise manner in order to influence peers and management
In-depth understanding of how the audit process is designed and the purpose/objective of each task
Identify and assess risks and controls, distinguish between a root cause and a symptom, and identify and provide fact-based criteria to support conclusions
Independently develop a risk-based test approach and plan
Able to anticipate roadblocks/delays, assesses critical path, develops alternative approaches
Evaluate data mining strategies using MS Excel, MS Access or other tools to quantify results or test controls
Proficiency in conducting interviews in order to gather information from all levels of management

Nice To Haves

Industry certification (i.e. Certified Internal Auditor, Certified Public Accountant, Certified Fiduciary and Investment Risk Specialist)
Knowledge of financial institution laws and regulations, financial services business processes, major business functions, systems and applications as well as prior experience working with external auditors and regulators (i.e. OCC, SEC, FINRA)
Experience using an audit management software
Prior audit or risk management experience in one or more of the following areas: Private Wealth Management Corporate Trust Fund Services Investment Banking Corporate Treasury Corporate Accounting and Reporting Enterprise Risk Management Third-Party Risk Management Human Resources Payroll Corporate Governance

Responsibilities

Oversight of the development and execution of a risk-based testing approach for assigned functional audits
Review and evaluation of process walkthroughs and documented workpapers
Effective communication with the client and audit team during all phases of the audit
Lead teams of one to three staff auditors with responsibility for on-the-job training, development and feedback

Benefits

Paid Time Off
a 401(k) matching program
annual incentive pay
paid holidays
a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
health savings, flexible spending, and dependent care accounts
adoption assistance
an employee assistance program
fitness reimbursement
tuition reimbursement
an associate wellbeing program
an associate emergency fund
various associate banking benefits