Senior Auditor

Commerce Bank•Clayton, MO

6d•Hybrid

About The Position

As a member of the Internal Audit Department, you will be a trusted advisor and partner with the various lines of business. The Internal Audit Department will offer independent, objective, and risk-based assurance and consulting services that add value and identify solutions. Senior Internal Auditors should be skilled in auditing techniques and familiar with internal auditing standards. Depending on the level of experience, you may be considered for Senior Auditor or Audit Analyst. The main purpose of this job is to ensure the Bank’s management of controls and risks as well as adherence to policies and procedures through analysis and testing throughout specific lines of business.

Requirements

Strong knowledge of audit standards
Ability to mentor team members with proven ability to achieve results through collaboration and teamwork
Independent thinker with strong decision-making skills
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel and Outlook
Bachelor's Degree, preferably in Accounting, Business Administration, or Law, or equivalent combination of education and experience required.
4+ years of industry audit, public accounting and/or regulatory compliance required

Nice To Haves

Master’s degree preferred.
Banking, trust or wealth management, and/or financial institution experience preferred
Data analysis experience preferred
Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or the ability to obtain, preferred

Responsibilities

Lead projects of mid-level complexity, including determining details of work required and documenting project plans. Projects typically involve leading 2-4 auditors for a 6-8 week timeline.
Determine audit scope by incorporating knowledge from experience and existing audit documentation, completing process walk-throughs, evaluation of management’s strategic plans, discussions with business unit management, and overall evaluation of risk. Develop detailed audit steps based on results of scope evaluation and assign them to audit team members.
Provide guidance to employees regarding assignments and issues identified. Be willing and capable of answering day-to-day questions for team members. Manage team’s performance on completing assignments accurately and timely. Review work of team members to ensure they meet department standards and audit objectives.
Complete detailed test work on audits led or when working for others
Review and evaluate the quality of the documented processes and procedures that management has put in place to manage the risks that are most consequential to the company’s financial performance and reputation; while also ensuring they meet regulatory expectations
Find ways to use data analytics when evaluating controls and performing detailed audit procedures to improve the efficiency and effectiveness of assignments
Identify internal control strengths and weaknesses or accounting errors. While performing internal control testing, use experience to make judgments as to effectiveness of controls in both design and operation. Recognize unmitigated risks or controls that are deficient and make decisions as to risk rating assignment for the identified issues.
Communicate effectively with management regarding the scope of audit, on-going progress, and details on the identification of audit issues. Present issues and recommendations along with possible solutions to business unit management. Identify and communicate the root cause of issues.
Prepare audit reports that effectively summarize the scope and results of the audit. Monitor and review to ensure outstanding audit issues are properly resolved.
Perform special projects as assigned. Participate in significant business unit projects/consulting arrangements and periodically report status of projects to audit management
Monitor risk throughout the bank and complete risk assessments as part of annual audit planning
Perform duties assigned in a manner to maintain agreed upon productivity levels, allow for timeliness of audit reporting, meet time budget goals, and other department performance metrics set by management