Senior Internal Auditor at Frandsen Bank & Trust

Position Summary

The Senior Internal Auditor will be responsible for conducting engagements designed to create, protect and sustain value by providing the organization with independent, risk-based and objective assurance, advice, insight and foresight. The Senior Internal Auditor will be responsible for assisting in the execution of the overall internal audit program for Frandsen Bank & Trust (FBT) and Frandsen Financial Corporation (FFC). The Senior Internal Auditor will effectively plan engagements utilizing risk-based assessments, apply the audit methodology and execute the audit work program, collaborate with management to identify recommendations and/or action plans that address the findings, and communicate with management and the employees responsible for the activity under review throughout the engagement and after it closes. Expected to assist the Director of Audit with planning, supervision, training, and overall administration of the Internal Audit Department. The position will report to the Director of Audit and occasionally will work with external auditors and regulators. The Senior Internal Auditor is expected to conform with the IIA’s Global Internal Audit Standards™ for managing and performing internal audit services by applying the principles and standards of Ethics and Professionalism including integrity, objectivity, competency, due professional care and confidentiality.

Job Duties

• Supervise and/or perform engagements designed to create, protect and sustain value by providing the organization with independent, risk-based and objective assurance, advice, insight and foresight.
• Supervise and/or perform audit functions as assigned based on an annual risk-based audit plan. Design audit scope and evaluate work programs to ensure audit work is commensurate with assessment of risk management, governance, control processes, resources available, and fraud considerations.
• For applicable engagements, provide assurance that controls are adequately designed and operating to manage risks related to: assignment of authority and responsibility, compliance with policies, plans, procedures, laws and regulations, reporting accurate, reliable information, effectively and efficiently using resources and safeguarding assets.
• Maintain and update audit work paper files for assigned audits that document procedures and adequately support findings, conclusions and reports.
• Prepare written audit reports that are accurate, objective, clear, concise, and timely. Findings are communicated with risk assessment and recommendations based on root cause analysis, when possible. Follow-up on open findings to test and/or document until finding remediation is complete.

Education, Skills, and Experience

Education and Experience

• A minimum of 3-5 years of experience in banking, public accounting, auditing, or regulatory agency
• A bachelors degree in accounting or related field preferred
• Relevant professional certification (CIA, CISA, CPA, CFA) preferred

Skills

• Identifies and assesses key risks and controls and develops effective test plans for engagements with limited guidance.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Highly professional with excellent verbal, written, and interpersonal communication skills
• Good analytical and problem-solving skills
• Attention to detail and accuracy
• Identifies and assesses key risks and controls and develops effective test plans for engagements with limited guidance. (Preferred)
• Demonstrates comprehensive knowledge and understanding of the financial, operational, technical, and regulatory environment (Preferred)

Salary range for this role is $70,000 to $92,000 per hour/annually, depending on experience. 

We offer a competitive benefits package including health insurance, dental insurance, vision insurance, 401k, profit sharing, and ancillary benefits.