Internal Audit Co-Op

Northern Bank • Woburn, MA

4d • $20 - $23 • Onsite

About The Position

Northern Bank is a privately held and family run business with corporate headquarters located in Woburn, Massachusetts. At Northern, we believe that helping entrepreneurs build a successful business helps build a stronger, more vital community for us all. Our Team offers a variety of products and services to consumers and companies including retail banking as well as residential and commercial lending. We provide people and businesses with the financial support they need to achieve their goals.

In this role, you will perform testing of Northern Bank’s internal controls over financial reporting. You will also assist the Head of Internal Audit with managing the outsourced internal audit program by performing planning, coordination, and follow-up responsibilities. You will assist in the creation of reporting for senior management and the Audit Committee.

Requirements

• Working towards a degree in business, accounting, risk/advisory, information security or another related field (undergraduate)
• Proficient in Microsoft Office suite including Excel, and Adobe Acrobat
• Excellent organizational skills and attention to detail
• Strong communication and collaboration skills

Nice To Haves

• Knowledge of banking operations, internal controls and general banking laws and regulations

Responsibilities

• Collects and examines financial records and control documentation.
• Performs defined testing procedures and recommends further testing when warranted in support of the Bank’s internal financial control testing program.
• Develops an understanding of the Bank’s operations and system of internal controls.
• Assist in the planning and coordination of the outsourced internal audit program by attending meetings, managing request lists, updating the master internal audit plan, and drafting communications.
• Performs monthly follow-up of open audit findings and collection of remedial support.
• Works with internal management and outsourced consultants on assignments.
• Performs work independently within scope of established guidelines and procedures.
• Consults with Head of Internal Audit if clarification and assistance are needed to ensure work is performed efficiently and effectively while learning on the job.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern