Director of Internal Audit– Evansville, IN

Department: Auditing

Job Status: Full Time

FLSA Status: Exempt

Grade/Level: Vice President

Work Schedule: 40+ hours per week

Location: Evansville, IN

Reports To: CEO & Audit Committee

Amount of Travel Required: Occasional

Positions Supervised: Staff Auditor (s)

Position Summary

Position reports directly to the Chairman of the Audit Committee with an administrative reporting relationship with the President and CEO. Independently evaluate the adequacy, effectiveness, and efficiency of the system of internal controls and the quality of ongoing operations within a rapidly growing banking company nearing $1B in total assets and 19 locations.

Essential Functions

Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Essential Functions Statement(s)

  • Develop, implement, and maintain an internal audit program that addresses key business and operational risks across the organization.
  • Partner with the EVP of Risk Management in the identification and evaluation of risk areas for the development of the Enterprise Risk Management Program and the Annual Audit Plan.
  • Direct the completion of audit procedures based on the results of the risk assessment.
  • Determine compliance with the established system of internal controls.
  • Determine compliance with the organization’s policies and procedures.
  • Report audit results, conclusions, and recommendations to the organization’s management.
  • Perform appropriate follow-up procedures on recommended corrective actions.
  • Report to the Audit Committee of the Board of Directors on a quarterly basis the completion status of the audit plan, audit results, and the status of recommendations.
  • Be cognizant of the strategic objectives and goals of the organization in order to evaluate and consider the related risks, including those related to acquisitions, affiliates, and multi-family activities.
  • Interact with, respond to, and assist regulatory examiners (OCC) as necessary with completion of their examinations.
  • Assist the external auditors, as necessary, in the planning and scope of the financial audit as well as with completion of items/information requested.
  • Coordinate internal audit’s efforts with those of the bank’s external auditors in an attempt to avoid unnecessary costs and duplication of efforts.
  • Research audit tools and leading audit practices.
  • Direct and oversee audit staff in the planning, organizing, conducting, and monitoring of overall Internal Audit operations.
  • Perform duties related to the Bank Secrecy Act under the guidance of the BSA Officer.

Position Qualifications

  • Excellent risk identification and assessment skills.
  • Excellent written and verbal communication and presentation skills, including the ability to interact effectively at all levels within the organization.
  • Excellent interpersonal skills.
  • Ability to act as a trusted advisor to senior management and the Board of Directors using discretion and sound judgement in identifying, analyzing, and reporting issues.
  • Deliver quality, timely, and accurate results in a professional manner.
  • Thorough knowledge and understanding of banking activities and products as well as the regulatory requirements associated with each.
  • Accountable and ethical.

SKILLS & ABILITIES

Education: Bachelor’s Degree (four year college or university) in accounting or related finance field. MBA is desirable, but not required

Certifications: The following professional designations are desirable, but not required:

  • Certified Public Accountant (CPA)
  • Certified Internal Auditor (CIA)
  • Certified Financial Services Auditor (CFSA)

Experience:

 

  • 5+ years of experience in leadership role in Internal Audit Department of a financial institution
  • Ten years of overall banking or experience in external auditing of financial institutions

Computer Skills

MS Office


WORK ENVIRONMENT

Typical office environment

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Position Summary

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Essential Functions

Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Essential Functions Statement(s)

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Position Qualifications

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