Senior Auditor I (Project Management)

 

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we're all about. 

• Assists the Audit team in the completion of overall audit plan as approved by the Audit Committee with the goal of ensuring compliance with internal audit policies and industry best practices. Focuses on more complex audit situations; providing guidance to staff members as necessary. 
• Implements risk based audit programs and  conducts audits for  all business lines; incorporating  operational review, regulatory compliance, loan review, information technology, and accounting areas to determine the adequacy and effectiveness of the company's systems of internal accounting and operating controls.
• Reviews established systems during the audit process to ensure compliance with company policies and procedures. Reviews company procedures for compliance with regulations that could have a significant impact on operations. Recommends policy/procedure improvements where required. 
• Reviews the accounting management information and reporting systems to ensure adequacy and reliability, and thus serve as appropriate tools upon which management decisions can be used.
• Reviews Audit Engagement Letters, Risk Matrices, and Audit Program for propriety and recommends changes where appropriate to the Audit Manager or Director.
• Drafts audit reports based on company standards and industry best practices that address specific findings and recommendations to present to auditees and management. Attends exit meeting with the auditees to discuss the findings and recommendations, if applicable. Recommends audit ratings to the Audit Director, based on the findings.
• Reviews management's responses on audit findings, recommendations and comments for propriety. Also monitors management response and implementation of the Audit recommendations.
• At the request of the Audit Manager or Director, conducts special studies for management such as those required to discover mechanics of detected fraud and to assess the adequacy of controls for fraud prevention.
• Determines whether management is following up on outstanding audit issues and regulatory findings. Reports findings to the Audit Manager or Director. 
• Performs special projects as directed by the Audit Manager or Director.
• Demonstrates compliance with banking business laws and regulations as defined in company policies and procedures pertinent to the position.
• Demonstrates a commitment to Salem Five's core values.
• Regular attendance and local travel are essential to this position.

Assumes additional responsibilities as requested.

Competencies                                                     

The Senior Auditor I should consistently demonstrate fundamental skills related to Analytical, Problem Solving, Project Management, Oral and Written Communication, Judgment, and Planning/Organizing competencies. 

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.   Must be able to travel locally as needed.

Education and/or Experience                                                   

Demonstrated commitment to continuing professional education required.  Four-year college or university program completion. 

Senior Auditor I would typically be expected to have at least 3-5 years of experience or equivalent combination of education and experience, ideally with at least 1-3 years of internal audit experience.

Certificates, Licenses, Registrations

At least one of the following designations is preferred:  Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Bank Auditor (CBA), Certified Regulatory Compliance Manager (CRCM), Certified Public Accountant (CPA), or Certified Risk Professional (CRP).

Other Skills and Abilities                                             

Comprehensive audit knowledge and experience, thorough understanding of the banking environment (marketing, credit, financial markets, risk, controls, accounting, information technology), knowledge of accounting and auditing standards (GAAP, GAAS), and regulatory requirements, ability to communicate clearly and concisely with all levels of staff, management, Board, and external parties both in oral and written formats, solid understanding of the relationship between information technology and banking operations.  Ability to successfully handle work on a variety of business, regulatory, and financial issues of a time-sensitive and confidential nature.

Ability to assess or review a business unit from a macro level perspective.  Be creative and able to think critically.

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 stand; walk; use hands to finger, handle, or feel; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear.  The employee is regularly required to sit and perform data entry.  The employee is regularly required to bend, climb, and balance.  The employee must lift and/or move objects; the employee must exert up to 50 pound of force occasionally, and/or up to 20 pounds of force frequently, and/or up to 10 pounds of force constantly to move objects.  Specific vision abilities required by this job include close vision.

Benefits/Incentives:  Health Insurance, Dental, Vision, Flexible Spending Account, Health Savings Account, 401k Matching, Tuition Reimbursement, Employee Referral Program, Summer Family Outing, Annual Holiday Reception and more

Salary Range:            Competitive Base 

Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.

Qualified candidates may also submit a resume and application online at salemfive.com/careers or mail your resume to Human Resources, 210 Essex Street, Salem, MA 01970. 

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) Internal Audit