Operational Auditor

Western Alliance Bank • Chandler, AZ

2d

About The Position

As an Auditor you'll assist in assessing the design and operational effectiveness of controls within the various audits in your assigned coverage areas, supporting the execution of the department's annual audit plan. You'll prepare for and attend process walkthrough meetings, document process narratives, and test controls for adherence to bank policies and procedures, and compliance with federal and state banking regulations. You'll follow a similar process for testing and validating implemented management action plans designed to close audit issues. You'll report to an Associate Audit Director while having the opportunity to work with our audit leaders across the department, participating in audits in finance, banking operations, credit administration, risk management and compliance disciplines. Your Associate Audit Director will serve as your mentor to assist in your professional development. You'll also have the opportunity of attending and participating in your peer group meetings, which provide support and insight as your career develops. Support the Audit Director, Associate Audit Director and Audit Project Manager with audits across the organization and complete multiple audit assignments and/or projects. Understand risk management frameworks to help in internal control evaluation of audit assignments. Using the audit software (Wdesk/Workiva), create audit documentation for process narratives and test evaluate the design and operating effectiveness of internal controls to established policies & procedures as well as regulatory guidance. Respond to review notes generated by Audit Project Manager and Associate Audit Director, and provide conclusions and recommendations per audit methodology. Perform additional testing as determined to be necessary. Plan and perform test of validation for implemented management action plans. Assist in the closure of audit issues per audit methodology. Provide ad-hoc reports and status updates to supervisors. Comply with department annual training requirements and proactively draft and discuss performance goals with Associate Audit Director. Attend and participate in team, peer and one-on-one meetings.

Requirements

• Bachelor's degree in related field required.
• Entry level knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Entry level time management and organizational skills.
• Entry level public speaking.
• Entry level speaking and writing communications skills.
• Occasional travel required.

Nice To Haves

• Certified Public Accountant preferred.
• Certified Regulatory Compliance Manager preferred.
• Certified Anti-Money Laundering Specialist preferred.
• Credit Risk Certification (RMA), Certification in Control Self-Assessment (IIA), or Certification in Risk Management Assurance (IIA); preferred.

Responsibilities

• Assist in assessing the design and operational effectiveness of controls within the various audits in your assigned coverage areas, supporting the execution of the department's annual audit plan.
• Prepare for and attend process walkthrough meetings, document process narratives, and test controls for adherence to bank policies and procedures, and compliance with federal and state banking regulations.
• Follow a similar process for testing and validating implemented management action plans designed to close audit issues.
• Report to an Associate Audit Director while having the opportunity to work with our audit leaders across the department, participating in audits in finance, banking operations, credit administration, risk management and compliance disciplines.
• Support the Audit Director, Associate Audit Director and Audit Project Manager with audits across the organization and complete multiple audit assignments and/or projects.
• Understand risk management frameworks to help in internal control evaluation of audit assignments.
• Using the audit software (Wdesk/Workiva), create audit documentation for process narratives and test evaluate the design and operating effectiveness of internal controls to established policies & procedures as well as regulatory guidance.
• Respond to review notes generated by Audit Project Manager and Associate Audit Director, and provide conclusions and recommendations per audit methodology.
• Perform additional testing as determined to be necessary.
• Plan and perform test of validation for implemented management action plans.
• Assist in the closure of audit issues per audit methodology.
• Provide ad-hoc reports and status updates to supervisors.
• Comply with department annual training requirements and proactively draft and discuss performance goals with Associate Audit Director.
• Attend and participate in team, peer and one-on-one meetings.

Benefits

• We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program.
• In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees