Salary Range: $72, 400 - $83, 100

PRIMARY RESPONSIBILITY:

The Senior Internal Auditor is responsible for the timely execution of risk-based internal audits in accordance with the annual audit plan, assisting in the supervision of internal audit staff and interns (as applicable), and assisting with departmental projects and initiatives.

ESSENTIAL FUNCTIONS:

• Conduct internal audits of various bank departments and functions to evaluate the design and operating effectiveness of internal controls, policies, procedures, and processes for mitigating risk. Perform testing in consideration of risks related to regulatory noncompliance, as well as operational, financial reporting, legal, fraud, and other organizational risks to the bank. Prepare workpaper documentation to support testing performed and conclusions reached
• Liaise with employees across the bank to obtain audit documentation and develop a deeper understanding of bank processes
• Perform research and interpret relevant regulatory guidance and industry best practices
• Develop appropriate audit procedures to achieve audit objectives. Recommend changes and improvements to established work programs and audit test approaches
• Utilize judgment to expand the scope of testwork and perform additional testing procedures based on trends or identified exceptions
• Discusses irregularities, exceptions, and deficiencies discovered during the audit with the Internal Audit Manager. Lead exit meetings with management to discuss audit recommendations and remedial actions
• Prepare audit reports to summarize audits’ scope, findings, recommendations, and remediation plans
• Participate in the development of the annual bank-wide risk assessment and audit plan
• Track and monitor outstanding internal audit and regulatory exam findings through their resolution, evaluating supporting evidence prior to finding closure
• Mentor and train internal audit staff and interns (as applicable)
• Perform procedures for assessing the bank’s internal controls over financial reporting (ICFR) in accordance with the FDIC Improvement Act (as applicable)
• Assist with other departmental projects and initiatives

EDUCATION AND EXPERIENCE:

Bachelor’s Degree and a minimum of 3 years internal audit or public accounting experience (financial institution experience preferred), or the equivalent combination of education and experience.

• Active, relevant certifications preferred, including:
  • Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Bank Auditor (CBA), Certified Community Bank Internal Auditor (CCBIA), Certified Public Accountant (CPA), and Certified Fraud Examiner (CFE)
• Experience identifying organizational risk and evaluating business processes
• Understanding of compliance, finance, and operational policies, procedures, and processes

COMPETENCIES:

• Lead by example. Identify current or potential problems, take ownership and see them through to resolution
• Act as a unified team. Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments
• Ability to work independently. Seek and incorporate feedback on your performance from management, coworkers and clients
• Nurtures growth and is committed to ongoing training and development of staff
• Demonstrated PC literacy, specifically Microsoft Excel and Microsoft Word
• Excellent organizational skills and attention to detail
• Ability to work independently on internal audits, meeting deadlines against the annual audit timeline
• Ability to handle multiple tasks, moving quickly and effectively between competing goals
• Ability to handle confidential information with utmost discretion and business-related purpose
• Exceptional decision-making skills, demonstrating a high level of judgment

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle, or feel and reach with hands and arms. The employee frequently is required to stand, sit, climb or balance, and talk or hear. The employee regularly is required to walk and stoop, kneel, crouch, crawl, and climb stairs. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The work environment is indoor and climate controlled. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Genesee Regional Bank is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, sex, disability, veteran status, or any other basis protected by applicable federal, state or local law.

THIS JOB DESCRIPTION IS SUBJECT TO CHANGE AT ANY TIME

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.