Internal Auditor (25-67)

The Adam Corporation Group•College Station, TX

25d

About The Position

The Internal Auditor supports the Directors’ Audit Committee in carrying out the annual internal audit program and supports the Chief Risk Officer in the responsibilities of the Risk Management Division. The role conducts independent audits of financial records and control procedures to help ensure the Bank complies with internal control requirements and applicable laws and regulations. It also supervises the activities of the Bank Security Officer and serves as the Internal Control Officer. The position maintains a comprehensive internal audit program, including periodic audits of all Bank branches and departments. It prepares internal control documentation for the Bank’s independent public accountants and banking regulators, and assists with the annual independent financial audit through audit workpaper documentation. The Internal Auditor may also conduct audit activities under the direction of the Bank’s independent public accountant. The role reviews asset-safeguarding policies and procedures, recommends control improvements, supports development of procedures meeting internal control standards, and reviews departmental processes for improvement opportunities. It develops new or revised internal audit policies, methods, and procedures; periodically reviews Bank insurance coverage; analyzes loss mitigation for branch or departmental operations; and submits written audit reports and recommendations to senior management and the Directors’ Audit Committee. The Internal Auditor oversees the Bank Security function, coordinates with the Bank Security Officer on branch security audits, reports results to the Directors’ Audit Committee, and reviews and responds to recommendations for enhancing Bank security procedures.

Requirements

Bachelor’s degree in Accounting, Finance, or Business Administration.
At least 5 years of prior experience in a financial or auditing environment, or a combination of the two.
Knowledge of financial institution operating policies and procedures and state and federal banking regulations.
Ability to maintain satisfactory relationships with auditees.
Knowledge and proficiency in accounting principles and techniques.
Good verbal and written communication skills.
Ability to troubleshoot and solve problems independently, quickly, and efficiently.
Skill in working with financial and numeric data.
Proficiency with Microsoft Office products, including Excel spreadsheets.
Ability to be flexible to meet deadlines and complete projects.

Nice To Haves

Certified Public Accountant (CPA) credential; desired but not required.
Previous accounting or finance experience in a financial services environment; desired but not required.

Responsibilities

Maintain a comprehensive internal audit program, including periodic audits of all Bank branches and departments.
Prepare internal control documentation to meet the requirements of the Bank’s independent public accountants and banking regulators.
Assist with the annual independent financial audit by documenting audit activities in workpapers; conduct audit activities under the direction of the Bank’s independent public accountant when needed.
Review policies and procedures for safeguarding Bank assets.
Recommend control improvements to senior management and assist in developing procedures that meet internal control standards.
Conduct process-improvement reviews of departmental functions and recommend improvements where applicable.
Develop new or revised internal audit policies, methods, and procedures.
Periodically review the Bank’s insurance coverage to ensure adequate protection against loss.
Perform loss-mitigation analyses of branch or departmental operations.
Submit written reports of internal audit reviews, including findings, conclusions, and recommended actions, to senior management and the Directors’ Audit Committee.
Oversee the Bank Security function and work with the Bank Security Officer to coordinate branch security audits and report results to the Directors’ Audit Committee.
Review recommendations from the Bank Security Officer to enhance Bank security procedures and develop appropriate courses of action.
Supervise the activities of the Bank Security Officer.
Serve as the Internal Control Officer.
Support the Directors’ Audit Committee’s annual internal audit program and the Chief Risk Officer’s Risk Management Division responsibilities.