Auditor II

Eastern Bank • Wakefield, MA

17h • Hybrid

About The Position

Makes a significant contribution in the completion of the annual audit plan by performing a wide-range of audits of Eastern Bank and its’ subsidiaries, using professional audit standards.

Plan and complete assigned audits, including:

Analyzes and evaluates complex systems and processes in order to evaluate
internal controls, compliance with banking regulations, and identify
opportunities for effectiveness.   
Documents and executes standardized/ad-hoc data analytics to support audit
planning, testing and assessing risk across assignments.
Examines a variety of accounting records and other supporting documentation
to determine the accuracy of the Bank’s financial statements. 
Plays an integral role in planning each audit assignment through
communication with the Lead Auditor, Audit Manager, Chief Auditor, and Bank
management. 
Communicates audit scope and findings to supervisors and managers of areas
audited, developing practical recommendations for resolution of exceptions
noted.
Responsible for managing time and meeting budgeted deadlines.  Provides the
Lead Auditor with progress reports explaining any variances from plan.
Reviews and interprets current procedures for compliance with applicable
laws, regulations, and Bank policies. Makes required updates/changes as
necessary.
 Drafts controls and prepares comprehensive audit workpapers in accordance
with professional standards and internal methodology that support the
reported conclusions.
Stays current on emerging accounting, auditing, and regulatory issues and
trends, being able to apply them to changing business conditions.
Participates in confidential internal investigations when necessary.

PROBLEM SOLVING & DECISION MAKING: 

The Audit Officer makes most day-to-day decisions during the course of the
audit, however, must also exercise judgment in knowing when to seek advice or
approval from the Audit Lead or Manager.  The Audit Officer makes overall
recommendations as to audit findings for reporting purposes and makes
recommendations for issue resolution.  In addition, the Officer may be
responsible for overseeing and providing guidance to other auditors assisting in
the completion of their assigned audit.

Requirements

• Bachelor of Science, Concentration in Accounting or Finance preferred.
• 2-4 years of experience in combination of public accounting and/or internal audit experience in the financial services industry.
• Knowledge of Microsoft 365, including Word, Excel, Power Point, Copilot.

Nice To Haves

• Internal Audit Practitioner or Certified Internal Auditor designation preferred.

Responsibilities

• Analyzes and evaluates complex systems and processes in order to evaluate internal controls, compliance with banking regulations, and identify opportunities for effectiveness.
• Documents and executes standardized/ad-hoc data analytics to support audit planning, testing and assessing risk across assignments.
• Examines a variety of accounting records and other supporting documentation to determine the accuracy of the Bank’s financial statements.
• Plays an integral role in planning each audit assignment through communication with the Lead Auditor, Audit Manager, Chief Auditor, and Bank management.
• Communicates audit scope and findings to supervisors and managers of areas audited, developing practical recommendations for resolution of exceptions noted.
• Responsible for managing time and meeting budgeted deadlines. Provides the Lead Auditor with progress reports explaining any variances from plan.
• Reviews and interprets current procedures for compliance with applicable laws, regulations, and Bank policies. Makes required updates/changes as necessary.
• Drafts controls and prepares comprehensive audit workpapers in accordance with professional standards and internal methodology that support the reported conclusions.
• Stays current on emerging accounting, auditing, and regulatory issues and trends, being able to apply them to changing business conditions.
• Participates in confidential internal investigations when necessary.

Benefits

• Eastern offers a robust benefits and retirement package.
• comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees