Internal Auditor - BSA/AML

Job Summary

The Internal Auditor performs risk-based internal audits in conjunction with the internal audit plan. Work performed includes partnering with business unit staff to document, understand, and analyze financial, operational, and compliance processes, assess risks, test controls which manage risks, and report results. This position assists internal audit management with development of the internal audit plan, championing internal control and corporate governance concepts throughout the business, and fostering improvement of the audit process. The Senior Internal Auditor coordinates engagements with third-party auditors and regulatory bodies and tests controls to support the bank’s annual audit Plan.

Responsibilities

• Form relationships, build trust, and partner with audit clients and audit team members
• Collaborate with audit clients and audit team members to share knowledge
• Employ thought leadership via a growth mindset approach
• Be inquisitive and curious to gain knowledge of the business function, processes, and systems
• Seek out industry trends and information to proactively identify emerging enterprise risks
• Stay apprised of company strategy and changes throughout the organization
• Respectfully and thoughtfully challenge and fearlessly ask why
• Understand and apply risk assessment methodology and risk management techniques
• Identify and analyze business processes, key risks, and critical controls
• Prepare or update planning and risk assessment documentation
• Develop and update risk-based audit programs and audit procedures
• Conduct process walk throughs and review or develop process documentation
• Evaluate control design adequacy in meeting established objectives
• Perform, or supervise audit team members in, the testing of control effectiveness
• Use appropriate sampling and control testing techniques
• Identify and assess the relevancy of possible observations, including root cause analysis
• Document work performed to support audit scope and conclusions
• Collaborate with audit clients to identify process improvements and solutions for risk mitigation
• Draft clear, concise, and actionable audit reports; professionally communicate audit results, verbally and in writing
• Conduct work in accordance with the applicable Standards
• Perform follow up, including an appropriate level of validation testing, on the state of outstanding audit observations
  
  

Qualifications

• Minimum of 6 to 8 years of relevant experience with Internal Audit or Financial Crimes (AML/BSA, Sanctions, Fraud).
• Independently manages complex issues, analysis, and mid to large sized audit projects
• Relevant audit and banking experience within a complex banking environment. BaaS experience is a plus
• Expert competencies in critical thinking, analysis, business acumen, attention to detail and report writing
• Expert application of audit standards and methodology; documents workpapers accordingly
• Routinely uses judgment on moderate to complex problems
• Advanced understanding of industry knowledge, organizational objectives and the competitive environment and risks to those objectives; understands and recommends appropriate risk mitigation strategies; provides innovate, value-added recommendations
• Expert knowledge of more than one discipline
• Influences timelines, expectations and proactively builds partnerships across all levels of teams and the organization
• Progresses department procedures and develops staff for current and long-term department needs
• Be accountable and responsible for projects, timelines, and quality of work
• Self-directed and able to produce in a hybrid environment
• Be proficient with Microsoft Suite of products
  
  

Cultural Alignment

Choice is #PeopleFirst, banking second.

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.
  
  

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.