Internal Audit Manager

Lone Star National Bank•McAllen, TX

2d•Onsite

About The Position

The Internal Audit Manager is responsible for the development and coordination of the Bank’s internal audit activities and the daily supervision and management of the Senior Auditors and Staff Auditors. ESSENTIAL DUTIES The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary. Delivers and oversees an assigned audit schedule of 30 – 50 audits per year, in line with the defined quality, time and budget requirements, through in-house or co-sourced teams Undertakes career management responsibilities for at least 8 – 10 people Works with the Audit Committee and Risk Management Office to ensure appropriate resourcing, scheduling and technical expertise for successful audits Leads themed audits of high complexity, in addition to overseeing the audit plan Develops the audit risk assessment and annual audit plan Approves final audit reports and corrective actions with senior business-stakeholders and oversee tracking and closure of agreed actions Provides guidance to business lines on aspects related to controls, risks and governance. Oversees the performance of assigned team members and takes necessary actions to support their development Builds technical/commercial knowledge and business awareness across multiple areas by accessing diverse resources and interacting with a broad range of business lines Develops and implement Audit Policies and Procedures for all areas of the Bank, including Compliance and BSA Prepares and presents reports regarding the results of testing performed and the adequacy of the Bank’s internal controls Creates and maintains appropriate levels of documentation for all outsourced and co-sourced audits, internal & external Coordinates with External Audit professionals; assists in determining scope, audit programs and management of audits Interfaces with Regulators on various bank and audit related discussions, as needed Performs special projects, as required Manages the hiring, daily activities, coaching, evaluating and counseling of reporting staff Participates in job specific training and other various Bank training programs, as necessary Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy, and ensures adherence by the respective department personnel Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations, and ensures adherence by the respective department personnel Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML, and ensures adherence by the respective department personnel

Requirements

Self-starting team player with a Bachelor’s degree in Accounting, Finance, or related field
CIA or CFSA required; candidates must obtain credential within 6 months of employment as a condition of employment
Minimum of eight years of financial institution auditing/supervisory agency experience with emphasis on financial and operational auditing/examinations
Minimum of three years of supervisory/management experience
Experience in auditing/examining BSA/AML/OFAC/Fraud internal controls and operations preferred
Experience in scoping specific audit/review plans involving all areas of the bank, to include IT, Mortgage and Investment operations
Strong knowledge of and experience with development and maintenance of audit programs with a solid understanding of accounting concepts (including the ability to interpret and analyze financial statements) and audit/internal control concepts
Excellent interpersonal, oral and written communication skills are necessary for maintaining effective relationships with employees, bank management, auditors, examiners and BOD
Experience in evaluating policies and procedures to enhance internal controls
Must maintain a system of staying updated with regulatory/law changes impacting banks
PC-literate with working knowledge of Microsoft Office products
Strong analytical skills and problem-solving ability and be able to work effectively in a high-pressure environment
Ability to maintain confidentiality and exercise discretion in performing daily duties
Attention to detail and mental concentration for accurately performing tasks and handling numerous interruptions
Ability to sit for long periods of time
Ability to travel, as necessary

Nice To Haves

CRCM and/or CAMS accreditations preferred
Experience with automated audit-related software (Teammate or IDEA) is preferred
Bilingual in English and Spanish is desired

Responsibilities

Delivers and oversees an assigned audit schedule of 30 – 50 audits per year, in line with the defined quality, time and budget requirements, through in-house or co-sourced teams
Undertakes career management responsibilities for at least 8 – 10 people
Works with the Audit Committee and Risk Management Office to ensure appropriate resourcing, scheduling and technical expertise for successful audits
Leads themed audits of high complexity, in addition to overseeing the audit plan
Develops the audit risk assessment and annual audit plan
Approves final audit reports and corrective actions with senior business-stakeholders and oversee tracking and closure of agreed actions
Provides guidance to business lines on aspects related to controls, risks and governance.
Oversees the performance of assigned team members and takes necessary actions to support their development
Builds technical/commercial knowledge and business awareness across multiple areas by accessing diverse resources and interacting with a broad range of business lines
Develops and implement Audit Policies and Procedures for all areas of the Bank, including Compliance and BSA
Prepares and presents reports regarding the results of testing performed and the adequacy of the Bank’s internal controls
Creates and maintains appropriate levels of documentation for all outsourced and co-sourced audits, internal & external
Coordinates with External Audit professionals; assists in determining scope, audit programs and management of audits
Interfaces with Regulators on various bank and audit related discussions, as needed
Performs special projects, as required
Manages the hiring, daily activities, coaching, evaluating and counseling of reporting staff
Participates in job specific training and other various Bank training programs, as necessary
Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy, and ensures adherence by the respective department personnel
Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations, and ensures adherence by the respective department personnel
Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML, and ensures adherence by the respective department personnel