Senior Auditor

Western Alliance Bank•Chandler, AZ

About The Position

As a Senior Auditor you'll assist in the planning for and assessing of design and operating effectiveness of controls for various audits in your assigned coverage areas, supporting the execution of the department's annual audit plan. You'll prepare for and attend or lead process walkthrough meetings, document process narratives, and test high risk or complex 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 high risk or complex implemented management action plans designed to close audit issues. You'll report to an Associate Audit Director and will have 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 completes multiple audit assignments and/or projects. Understand risk management frameworks to help in internal control evaluation of audit assignments. Assist in audit planning for various audit assignments and/or projects. Using the audit software (Wdesk/Workiva), create audit documentation for process narratives, assist in drafting the risk & control matrix and related audit test steps based on audit scope and per audit methodology. Test the design and operating effectiveness of higher risk/complex controls to established policies & procedures as well as regulatory guidance. Respond to review notes generated by the Audit Project Manager and Associate Audit Director. Provide conclusions and recommendations per audit methodology. Performs additional testing as determined to be necessary. As assigned, 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

2+ years of related experience in Internal Audit, Risk Management, Regulatory Compliance or similar field
Bachelor's degree in related field required
Entry level to intermediate experience and knowledge in your assigned internal audit area
Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
Entry level time management and organizational skills; knowledge of data analytic tools preferred
Entry level knowledge of internal control analysis and risk assessment methodologies, COSO framework, Institute of Internal Auditor standards, FRB Supervisory Letter 13-1 standards, GAAP, and/or Sarbanes-Oxley Section 302/404 regulatory requirements
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
Certified Internal Auditor; Credit Risk Certification (RMA), Certification in Control Self-Assessment (IIA) or Certification in Risk Management Assurance (IIA); preferred

Responsibilities

Assist in the planning for and assessing of design and operating effectiveness of controls for various audits
Prepare for and attend or lead process walkthrough meetings
Document process narratives
Test high risk or complex controls for adherence to bank policies and procedures, and compliance with federal and state banking regulations
Test and validate high risk or complex implemented management action plans designed to close audit issues
Support the Audit Director, Associate Audit Director and Audit Project Manager with audits across the organization and completes multiple audit assignments and/or projects
Understand risk management frameworks to help in internal control evaluation of audit assignments
Assist in audit planning for various audit assignments and/or projects
Using the audit software (Wdesk/Workiva), create audit documentation for process narratives, assist in drafting the risk & control matrix and related audit test steps based on audit scope and per audit methodology
Test the design and operating effectiveness of higher risk/complex controls to established policies & procedures as well as regulatory guidance
Respond to review notes generated by the Audit Project Manager and Associate Audit Director
Provide conclusions and recommendations per audit methodology
Performs 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