Introduction:
The bank’s internal auditors are accounting specialists and they have to guide the financial accuracy of an organization’s internal control as well as regulatory compliances. The professional monitors the banking system of internal control and methods. Exceptional auditing procedures will help the management in the productive discharge of responsibilities. It provides risk assurance and outstanding operational performance of the bank. The bank’s internal audit functions differ from other audit activities. The audit team provides apt authority to perform the duties with objectivity and freedom to report its findings. They will be having the authority to discuss the findings directly with the board of directors, external auditors, and the audit committee. They should function bias-free and without any interference. They ensure compliance with statutory law and regulations. They should constantly monitor the policies which will help in reducing financial risk. They should recommend improvements that would increase operational efficiency.
Bank Internal Auditor Job Titles:
- Bank Internal Auditor
- Bank Auditor
- Internal Auditor
- Bank Internal Auditing Specialists
Bank Internal Auditor Job Summary:
We are a reputed organization located in the US and are interested in hiring experienced bank internal auditors who have completed a degree in accountancy or finance. Ours is a dynamic organization with many locations and offering banking and financial solution for business as well as personal clients. The candidate should perform an internal audit independently and assess the accuracy of financial records. They should handle the efficiency of operation, control the effectiveness and safeguard the asset. They should assist the audit team members in the execution of complex financial and compliance audits of various business units. They should complete the audit work under the supervision of seniors and they should assist with the designing of audit scope and testing methods. The candidate must have general banking knowledge which includes bank law, internal control, and regulations. They should be a critical thinker and must possess the problem-solving skill.
Bank Internal Auditor Job Responsibilities and Duties:
- Perform independent and reliable evaluation of bank risk management activities
- Improve banks operation and ensure compliance with regulation
- Conduct thorough assessment of the efficacy of risk management and governance process
- Responsible for performing bank auditing activities and developing the audit test plan
- Ensure assignments are completed within budget
- Process document by using narratives and flowcharts
- Resolve material issues with senior management
- Act as an advisor to bank management
- Develop strong knowledge about banks business strategies
- Provide training to junior team members and perform required audit coverage
Bank Internal Auditor Skills and Qualification:
- Bachelor degree in accounting, business, or related field
- Experience working in the banks auditing field
- Must possess a minimum of 3 years of experience in the similar field
- Knowledge about the concept of process and risk management
- must possess strong computer skills
- Strong analytical skill
- Decision making, computer and communication skills
- Strong aptitude and quick learning of audit
- Able to travel overnight
- Must possess CPA
- Analytical and facilitation skills
