Staff Auditor

Bristol County Savings Bank•Taunton, MA

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 federal and state laws and regulations; and supports the Bank’s safe, sound, and efficient operations. Work follows 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 risk-based operational, financial, compliance, branch, and other audits; documents and reports audit work and findings; supports external auditors and banking examiners; and helps assess financial information, controls, risk management, and regulatory compliance. It also conducts follow-up reviews of corrective actions, maintains audit documentation, uses systems and data analysis tools, and keeps current with relevant banking regulations and industry developments. The Staff Auditor protects confidential information and maintains independence and objectivity. The role performs work independently within established guidelines, approved audit programs, and department methodology, consulting management when clarification or an exception to Bank policy may be needed.

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, problem-solving, written communication, 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 sufficiently to support conclusions and facilitate review, and communicate issues accurately, clearly, and timely.
Perform work in accordance with Bank internal audit policies and procedures and applicable professional standards, including the IIA Global Internal Audit Standards.
Maintain appropriate independence and objectivity and do not assume management responsibility for areas under review.

Nice To Haves

Working knowledge of risk-based auditing principles and professional internal audit practices is preferred.
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 and internal controls and support 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 organized supporting documentation.
Conduct ongoing reviews and compile reports of activity, findings, conclusions, and recommendations.
Conduct surprise branch audits, cash counts, and other operational reviews, and report 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 audit test work clearly, completely, reproducibly, and in accordance with department standards, records retention requirements, and audit quality expectations.
Assess the accuracy of financial information and the adequacy of controls, including proving trial balances, testing mathematical accuracy, reviewing abnormalities, ensuring appropriate scope, and performing alternate test work as directed.
Evaluate the design and operating effectiveness of key controls and identify process improvements or opportunities to strengthen controls.
Assess management’s risk management efforts and develop recommendations related to risk management, internal controls, operational efficiency, and regulatory compliance.
Perform follow-up reviews to validate management corrective actions and support audit issue tracking, reporting, and remediation.
Maintain and develop workpapers, templates, and other audit documentation to improve departmental efficiency, consistency, and quality.
Use available systems, reports, and data analysis tools to support audit testing, issue tracking, and reporting.
Maintain awareness of banking regulations and developments relevant to the Bank, including consumer compliance, BSA/AML/OFAC, information security, and privacy requirements.
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 and perform other related duties and special projects as assigned.