Internal Auditor - Compliance

Farmers National Bank of Canfield•Canfield, OH

About The Position

The Internal Auditor - Compliance works with the Bank’s lines of business to assess risks, evaluate control design, and test control effectiveness using a risk-based approach across the Internal Audit program. The role also evaluates the Bank’s compliance with policies and regulations. The position supports Compliance Internal Audits, Branch Operations Internal Audits, and SOX testing. It leads audit planning, risk analysis, audit program development, meetings and walkthroughs; performs and documents testing; prepares workpapers and audit reports; and recommends solutions based on root-cause analysis. The role also coordinates external audit resources, tracks project milestones and open issues, validates remediation, manages audit administration and files, and supports regulatory inquiries, including engagement with regulators such as the OCC. The Internal Auditor ensures audit quality, consistency, risk management, and adherence to departmental and professional standards; identifies process improvements; builds relationships with business unit management; maintains knowledge of relevant regulations and business areas; follows Bank policies and procedures; completes required training, including BSA and anti-money laundering training; and complies with applicable rules and regulations.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field.
At least three years of experience in internal audit, enterprise-wide risk management, business risk, and/or compliance.
Knowledge of Microsoft Word, Excel, Internet navigation and research, and Outlook.
Ability to communicate clearly and effectively, both verbally and in writing.

Nice To Haves

Banking and finance industry experience is preferred.
Professional certification such as CPA, CIA, CISA, CAMS, and/or CRCM is preferred.
Knowledge of internal audit management software such as AuditBoard is preferred.

Responsibilities

Support Compliance Internal Audits, Branch Operations Internal Audits, and SOX testing.
Lead audit planning, identify and analyze risks, develop risk-based audit programs, and prepare appropriate documentation.
Schedule and lead meetings, including walkthroughs and status meetings.
Execute and document detailed testing using appropriate auditing methodologies.
Prepare workpapers that meet quality and professional standards.
Draft audit reports documenting potential issues and recommending value-added solutions based on root cause.
Lead external resources assigned to audit projects.
Track audit progress against planned milestones and ensure timely report issuance.
Track open issues, follow up with business lines on remediation status, and validate remediation of audit findings in a timely manner.
Perform general administration, including co-source oversight, logistics coordination, management of audit requests and responses, and management of audit files.
Engage with regulators such as the OCC as needed and support responses to regulatory inquiries.
Ensure overall audit quality, consistency, risk management, and adherence to departmental and professional standards; identify opportunities to improve audit processes.
Establish and maintain strong relationships with business unit management.
Maintain and increase knowledge of applicable regulatory requirements and of internal control, accounting, business, company products, and company information.
Adhere to Bank policies and procedures.
Complete mandatory and elective training by the due date, including BSA and Anti-Money Laundering procedures.
Maintain compliance with applicable rules and regulations.