Internal Auditor

    Job Description

The Internal Auditor manages the audit function which includes activities, policies and company procedures. This position will develop and implement changes to the audit procedures as required by regulatory agencies. The Internal Auditor will plan, schedule and conduct internal audits of departments and branches and then prepare the audit report to present to the Audit Committee and Board of Directors.

Essential Functions:

  • Develops and maintains a comprehensive internal audit program for the Bank.
  • Develops audit schedule, based on risk assessment, ensuring that those areas with greatest potential risk receive appropriate audit attention. Develops auditing procedures to address those needs.
  • Schedules and conducts internal control, financial, operational, and compliance audits, ensuring auditing procedures are carried out according to internal audit program and schedule. Initiates spot audits as necessary. Prepares audit work papers, ensuring adequate documentation to support conclusions and provides effective and reasonable recommendations.
  • Report audit findings and recommendations to appropriate management based on the results of regularly scheduled audits, spot audits, and at any time when issues need to be addressed by management.
  • Conducts follow-up reviews of internal control, financial, operational, and compliance deficiencies noted during audits to promote safety, soundness, compliance, and operational efficiency.
  • Furnishes periodic reports to the Board of Directors and to the President/CEO.
  • Maintains knowledge and understanding of regulatory recommended bank audit procedures.
  • Upholds employment guidelines outlined in Employee Handbook.
  • Responsible for protecting the privacy of sensitive business and customer information by following all confidentiality, security, and safeguarding customer information policies and control procedures. Other projects and responsibilities may be added at the company's discretion.

    Education & Experience

Bachelors degree in Business Administration/ Accounting/Finance or other related field, four to six years related experience and/or training; or equivalent combination of education and experience. Certified or working towards Community Bank Internal Auditor status required with ongoing education to maintain this status.

Critical Skills: Strong written and verbal communication skills. Strong aptitude for problem solving. High level of computer literacy. Strong analytical skills. Ability to interpret regulations. Ability to multitask and organize priorities to meet deadlines. Ability to deliver high level of responsiveness to management and staff.


Midwest Bank is a locally owned, community focused bank committed to building lasting relationships with both our customers and employees by consistently exceeding their expectations.

    How to Apply

For consideration, please apply online at, email resume to Human Resources at

or mail to
Midwest Bank
Attn: HR Manager
P.O. Box 703
Detroit Lakes, MN 56502-0703

Midwest Bank
613 Highway 10 E Detroit Lakes, MN 56501-4145

MBA Job number/Date Added