Senior Auditor - Spokane, United States - Washington Trust Bank

Description

Overview

This technical and professional position is responsible for providing independent assessments and audits of the Bank and Holding Company's internal control and regulatory compliance mechanisms, accounting systems, and management's adherence to established policies and procedures. Work is performed within the framework of established audit standards and regulatory examination guidelines with independent judgment and discretion required in performing assigned tasks. The position assists in providing timely, accurate, and independent information to management and the Audit Committee relating to the effectiveness of controls, the accuracy of financial information, and the efficiency of operations.

Primary Responsibilities

• Gather and analyze extensive data and interview bank personnel in order to understand the control environment and processes being audited.
• Design audit programs and testing strategies to execute audits to achieve desired audit objectives.
• Prepare audit workpapers, spreadsheets, narrative, and visual summaries of banking areas in conjunction with risk assessments and audits.
• Complete audit fieldwork, workpapers, audit findings, and reports to management and Audit Committees in accordance with professional internal audit standards.
• Acts as auditor-in-charge on complex audit projects, including supervising staff, workpaper review, and monitoring progress. Apprises higher-level audit personnel and management of the status of audit projects and progress toward completion.
• Present audit findings and recommendations to department and/or division management.
• Evaluate and make recommendations to management to strengthen the control environment, promote compliance with bank and regulatory policies and procedures, improve the efficiency of operations, and the accuracy of financial information.
• Assists management, as requested, in improving their internal control practices for new and existing environments.
• Assists in providing selected training to internal audit personnel and bank staff.
• Works closely with line management and staff to document and communicate findings.
• Assist the external auditors, regulators, and other examiners during their routine examinations of the Bank, as assigned.
• Assist the Director of Internal Audit in the preparation of the Annual Audit Plan.
• Update and develop audit programs, as assigned, adapting the audit approach as the circumstances warrant.
• Recommend methods to improve audit techniques, emphasizing efficient and creative use of audit resources and tools.
• Obtain and maintain professional certification and expertise through attendance at meetings of professional organizations, conferences, seminars, etc.
• Maintain knowledge of customer, industry, and other best practices and apply this knowledge to audit projects.
• Maintain and assess ongoing monitoring mechanisms for audit subjects throughout the audit cycle, as assigned.
• Perform compliance and risk management duties as required or assigned.

Qualifications:

• Degree in Accounting, Business Finance or other business-related field preferred or equivalent experience.
• Banking knowledge including experience in performing operational and financial audits of core banking applications and/or regulatory examination practices.
• Professional certification preferred (e.g., CIA, CPA, CRCM, CFSA, CBA, CRP, etc.).
• Demonstrated ability in risk management techniques.
• Strong knowledge of generally accepted accounting principles and auditing standards.
• Strong knowledge of federal and state regulatory compliance issues and regulatory examination practices.
• Able to exercise discretion and maintain confidentiality.
• Ability to handle multiple projects simultaneously utilizing planning and organizational skills while maintaining a professional and mature demeanor.
• Able to prepare factual, organized, well written memorandums, and workpapers.
• Strong analytical, statistical, and mathematical skills.
• High degree of PC based technical skills, including proficiency with the Microsoft Suite of products.

Pay Range: $71,929 - $107,894

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is eligible to participate in an applicable incentive plan.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race, religion, sex, gender identity, sexual orientation, national origin, age, pregnancy, disability, genetic information and any other protected characteristics outline by state, federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team, and we are dedicated to fostering a supportive and inclusive work environment.

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 c)