Staff Auditor

Bristol County Savings Bank•Taunton, MA

13d•$32 - $37

About The Position

The Staff Auditor performs internal audits and related activities under the direction of the Chief Audit Executive or Audit Manager. The role evaluates the adequacy and effectiveness of internal controls, risk management, and governance processes; assesses compliance with Bank policies and procedures and applicable laws and regulations; and supports the Bank’s safe, sound, and efficient operations. Work is performed in accordance with the Bank’s internal audit methodology and applicable professional standards, including the IIA Global Internal Audit Standards, with emphasis on integrity, objectivity, confidentiality, competency, and due professional care. The position performs work independently within established guidelines, approved audit programs, and department methodology, while consulting management when clarification or an exception to Bank policy may be required. The Staff Auditor maintains independence and objectivity and does not assume management responsibility for areas under review. The role requires a bachelor’s degree in accounting, business, finance, or a related field, though equivalent relevant experience may be considered, and at least two years of relevant experience in banking, internal audit, external audit, accounting, compliance, or risk management. Relevant certifications or progress toward them are listed as preferred qualifications, although the posting also states that progress toward or attainment of one or more is required. The position is based in Taunton, Massachusetts and requires travel within the Bank’s footprint.

Requirements

Bachelor’s degree in accounting, business, finance, or a related field; equivalent relevant experience may be considered.
Two or more years of relevant experience in banking or in internal audit, external audit, accounting, compliance, or risk management.
Familiarity with bank operations, policies, procedures, and banking compliance issues.
Strong analytical, organizational, and problem-solving skills.
Strong written and verbal communication skills.
Proficient computer skills, including Microsoft Excel and Word.
Knowledge of internal controls and the Bank’s internal control structure.
Ability to travel within the Bank’s footprint.
Maintain integrity, objectivity, confidentiality, and competency; exercise due professional care and professional skepticism.
Prepare workpapers that sufficiently support conclusions and facilitate review; communicate issues accurately, clearly, and promptly.
Perform work in accordance with Bank internal audit policies and procedures and applicable professional standards, including the IIA Global Internal Audit Standards.

Nice To Haves

Working knowledge of risk-based auditing principles and professional internal audit practices.
Progress toward or attainment of one or more relevant professional certifications: CIA, CPA, CRCM, CAMS, or CISA.

Responsibilities

Perform operational, financial, compliance, and other risk-based internal audits to assess risk, internal controls, and compliance with Bank objectives, policies, procedures, and applicable laws and regulations.
Perform audits as directed by the Audit Manager to assess control efficiency and effectiveness and governance, risk management, and internal control processes.
Assist external auditors, banking examiners, and other independent reviewers by gathering requested information and maintaining supporting documentation.
Conduct ongoing reviews and compile reports of activity, findings, conclusions, and recommendations.
Conduct surprise branch audits, cash counts, and operational reviews, and prepare reports of control observations, exceptions, and recommendations.
Assist with cash counts for teller shortages and follow up on teller errors by researching teller terminal source reports, transaction tickets, and processing activity.
Document test work clearly, completely, and reproducibly, including source data, procedures, rationale, results, and conclusions, in accordance with department standards, records retention requirements, and audit quality expectations.
Assess financial information accuracy and controls supporting reliable financial reporting, including proving trial balances, testing mathematical accuracy, reviewing abnormalities, ensuring scope is met, and performing alternate test work as directed.
Evaluate the design and operating effectiveness of key controls and identify opportunities for process improvement or control strengthening.
Assess management’s risk management efforts and recommend improvements to risk management, internal controls, operational efficiency, and regulatory compliance.
Perform follow-up reviews to validate corrective actions and support the tracking and reporting of audit issues through remediation.
Maintain and develop workpapers, templates, and other audit documentation to improve department efficiency, consistency, and quality.
Use available systems, reports, and data analysis tools to support audit testing, issue tracking, and reporting.
Maintain awareness of relevant banking regulations, consumer compliance requirements, BSA/AML/OFAC obligations, information security and privacy requirements, and industry developments.
Protect confidential customer, employee, and Bank information and maintain independence and objectivity.
Escalate significant control issues, suspected fraud, regulatory concerns, and other high-risk matters promptly.
Participate in ongoing training and professional development.
Perform other related duties and special projects as assigned.