JOB SUMMARY:
Assist the Department Head in performing audit workpaper quality assurance for audit projects completed based on annual audit plan.
RESPONSIBILITIES:
% of time
40% Perform quality assurance (QA) of audit workpapers for audit projects completed based on the annual audit plan.
20% Communicate with auditors who perform the audit testing for deficiencies, missing documents, unclear audit testing documentations, etc.
20% Document results of audit workpapers QA and ensure all QA review notes are cleared and audit workpapers are corrected.
20% Report to Head of Audit Department of QA results for audit workpaper finalization.
PRINCIPLE ACCOUNTABILITY:
1. Assist the department head in ensuring quality of audit workpapers meet the standards documented in the Internal Audit Manual and expectations of Head of Audit Department.
2. Maintain confidentiality of the bank’s information.
AUTHORITY:
1. Authorized to consult the Chief Compliance Officer or BSA/OFAC Officer for advices and guidance when they encounter an issue that exceeds their experience;
2. Has no authority to initiate or approve transactions of any nature;
3. Has no authority to administer or supervise operational functions.
JOB REQUIREMENTS:
EDUCATION:
Bachelor’s degree in Auditing, Accounting, Finance or Information System preferred.
EXPERIENCE:
A minimum of 5-10 years’ audit experience through public accounting/auditing and/or industry experience.
SPECIFICATIONS:
Strong verbal/written communication, analytical, and interpersonal skills;
Ability to follow instructions and work independently;
Possesses an appropriate combination of technical expertise in fields such as auditing, finance, technology, operations, or investigations;
Professional certification, such as CIA, CISA, or CAMS, a plus;
Have prior experience in conducting audit workpaper quality assurance.
PHYSICAL DEMANDS/WORK ENVIRONMENT:
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 sit and talk or hear. The employee frequently is required to use hands to finger, handle or feel. The employee is occasionally required to stand, walk, and reach with hands and arms.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
ORGANIZATIONAL RELATIONSHIPS:
1. Report to the Department Head for the fulfillment of assigned functions and responsibilities;
2. Assist other department officers, and staff in their respective functions associated with the areas for which they have direct responsibility.
All duties and requirements listed in this job description are essential job functions. This job description in no way states of implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor.