Job Title: Vice President and Chief Internal Auditor
Salary: $85,000 - $95,000 plus, benefits, bonus, ESOP and additional perks!!
Reports to: Bank Executive Vice President
Position Summary: Manage and direct all aspects of the internal audit, loan review, and regulatory compliance.
PRIMARY DUTIES AND RESPONSIBILITIES
· Direct and supervise audit staff.
· Coordinate internal audit assistance to independent public accounting firm in its annual examination of the year-end consolidated financial statements.
· Advise management and audit committee on accounting and financial presentation and disclosure matters.
· Coordinate with third-party providers of outsourced services (principally loan review and I/T audit services).
· Prepare annual audit plan.
· Assess risks and determine audit objectives, procedures, and scopes for specific audit areas.
· Conduct detailed review of audit work papers for clarity and completeness, and validity of and support for audit conclusions.
· Write formal audit reports for distribution to department heads, audit committee, and board of directors.
· Present audit results and recommendations to department heads.
· Review audit plan and reports, status of regulatory examinations and external audits, special audit investigations, and other matters of interest with audit committee.
· Present audit reports to board of directors.
· Direct special investigations of suspected fraud or embezzlement.
· Stay abreast of accounting and regulatory developments and assess impact on the bank.
· Maintain appropriate reference material on areas of responsibility.
· Earn sufficient continuing professional education credit hours to maintain good standing in American Institute of Certified Public Accountants.
· Serve as liaison to Audit Committee.
· Carry out supervisory responsibilities in accordance with company policies and procedures.
OTHER SKILLS AND ABILITIES
· Must hold bachelor’s degree in accounting or finance and CPA.
· Interact professionally, effectively, and tactfully with company personnel at all levels, directors, external auditors, supervisory authorities, and third-party service providers.
· Possess sound working knowledge of bank accounting, auditing, operations, and regulations.
· Possess strong analytical skills and ability to differentiate between significant and insignificant matters.
· Possess strong oral and written communication skills.
· Manage time efficiently, work effectively on multiple tasks, and maintain focus and motivation without requiring guidance, direction, and positive reinforcement.
· Must have comprehensive understanding of the Bank Secrecy Act and anti-money laundering laws and regulations, including the Office of Foreign Asset Control and the USA PATRIOT Act.
Contact Julie Sullivan, Global Recruiters of Fox Valley at jsullivan@grnfoxvalley.com or 630-377-0700.