Credit Review Audit Team Lead

Northwest Bancorp • Mount Joy, PA

78d • $100,000 - $115,000 • Remote

About The Position

The Credit Review Audit Team Lead will be responsible for providing objective evaluations of the Bank's Consumer/Retail performance monitoring, internal controls, risk identification, portfolio management activity, and collections practices in adherence to the Bank's risk profile, policies and procedures by gathering, reviewing, testing and analyzing internally and externally generated guidance/documentation for credit review audits. The Credit Review Audit Team Lead responsibilities will also be focused on the Consumer Bank risk assessment, portfolio administration, ACH risk, assessing and monitoring credit risk metrics (KRIs and KPIs), and assist in the creation and preparation of reports for use by management. This position will review, trace, test and summarize results against samples for proper evidence and present results to department manager and auditors. The Credit Review Audit Team Lead will ensure comprehensive coverage of Consumer/Retail credit audit engagements, from start to finish, inclusive of scoping, testing, and follow up activities.

Requirements

• Bachelor's Degree Accounting, Finance, or Business related degree preferred
• 6 - 8 years Credit Review/business related experience required
• 5 - 6 years Bank auditing experience preferred
• Candidate must possess extensive knowledge of and be fluent in the review of, but not limited to commercial/consumer credit, regulatory exam reports, compliance reports, third party risk associated with various business units
• Ability to apply advanced financial analysis techniques

Responsibilities

• Work with management to monitor compliance with credit risk appetite and ensure alignment with assigned metrics and KRIs
• Identify early signs of stress along with actual and potential credit weaknesses
• Assist in the preparation of reports for use by management
• Assess the adequacy of and adherence to internal credit policies and loan administration procedures
• Monitor compliance with applicable Consumer laws and regulations
• Communicate review progress and emerging risk factors
• Manage personal pipeline (workload/workflow)
• Plan Consumer credit audit approaches under the direction of supervisor
• Determine required audits for relevant segment/special projects
• Develop scope, audit objectives, and program based on assessed risk of subject matter
• Determine staffing requirements for Audit
• Ensure document and data integrity
• Oversee/compile working papers as appropriate
• Prepare meeting materials (soft, and final exits)
• Present relevant findings appropriately to department manager and auditors
• Obtain and analyze evidence, ensure audit conclusions are well-documented
• Timekeeping/updating schedule of whereabouts during audits
• Produce plan for completing field work
• Oversee/collect specific samples/data
• Identify and communicate issues raised, recommend solutions relevant to business units and risk management
• Summarize results/findings
• Appraise adequacy of the corrective action taken to improve deficient conditions
• Meet departmental continuing education requirements and proactively seek relevant education and training opportunities
• Knowledge of Crowe Credit360, BancAudit/Nautilus/CBS/Data Analysis Tool/Audit Management Software
• Self-learn/maintain extensive knowledge of Northwest's Risk Appetite Policy, SOX internal control narratives and test scripts, Call Reports and supporting schedules, Business Unit Risk Assessments
• Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Benefits

• Additional bonus earning opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees