Process Manager Internal Audit Officer

PREMIER Bankcard•Sioux Falls, SD

1d•Onsite

About The Position

This role will perform operational and financial audits, evaluating the internal control structure and assessing compliance with laws, regulations, policies, and procedures. The position aims to add value by providing insightful feedback and reducing the risk of external audit or examination findings. The role involves planning and managing moderate to high-risk audit assignments and special projects, monitoring activities to ensure audits cover identified risk areas, and resolving issues arising from audits. It also includes performing risk-based testing to improve controls, conducting walkthroughs, assessing risks, and potentially mentoring less experienced auditors or summer interns. The Process Manager Internal Audit Officer is responsible for creating effective audit reports, working independently, and developing strong relationships with business areas and the audit team through effective communication and subject-matter expertise.

Requirements

Strong knowledge of operational and financial processes, risks and controls that mitigate risk within PREMIER’s risk appetite.
Proficient knowledge of the IIA Standards and best practices.
Detailed, precise, thorough, and attentive approach to conducting work and documenting evidence.
Advanced level of evaluating risk, collecting and analyzing data, and testing results, while working independently and efficiently.
Demonstrated ability to identify potential findings and develop recommendations and action plans to improve controls over compliance with standards, laws, regulations, policies, and procedures.
Able to independently complete special projects requested by Internal Audit management.
Advanced verbal and written communication and organizational skills.
5+ years required or 7+ years of experience preferred in auditing, financial services, risk or compliance, including banking, accounting, or credit card industry.
3+ years of experience in planning and managing resources to deliver predetermined objectives as specified by more senior managers preferred.

Nice To Haves

Bachelor’s degree or equivalent level in accounting, finance, business, or related field preferred.
Professional certification related to audit, risks, or compliance preferred.
Certified Internal Auditor (CIA) designation, or commitment to obtain the CIA Certification would be a plus.

Responsibilities

Plan and manage moderate to high-risk audit assignments and special projects, including planning, risk assessment, testing, and reporting within the assigned audit hours and timeframes.
Monitor activities to help ensure that the audit team plans and delivers audits that cover identified risk areas, and that appropriate corrective actions are agreed on with business area.
Resolve issues arising from audits and refer serious or contentious issues to the appropriate person on the audit management team.
Perform or oversee risk-based testing to improve controls related to compliance with policies, procedures, standards, laws, and regulations.
Conduct, oversee, and provide constructive feedback to auditors for complex testing and workpaper documentation that is detailed, factual, and assesses the effectiveness and efficiency of the key controls to mitigate business area risks.
Conduct walkthroughs in a manner that will allow factual evidence to be obtained, perform risk assessments in order to risk-base testing and scope of the audit.
May mentor less experienced auditors and may manage and mentor the summer intern.
Create audit reports for various audiences as relevant, in a lucid and effective manner, keeping in mind the purpose of the report.
Develop strong relationships with the business areas and audit team with effective communication, including listening skills, and subject-matter expertise/knowledge that will provide value and build trust, as well as help establish an effective control environment.