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Senior Internal Auditor
The Bank of Elk River
630 Main St NW Elk River, MN 55330-1594
Job Description

The Senior Internal Auditor is responsible for performing or overseeing objective, independent, and reliable assessments of the effectiveness of the bank’s risk management activities, its compliance with applicable regulations, and its internal control-environment. Directs outsourced vendors and is the primary collaborator with all regulatory agencies. Appraises all existing internal controls, operations and administrative functions for efficiency and effectiveness and acts as an advisor to management on issues such as the creation of monitoring techniques, risk management, internal controls, and the inclusion of risk management in the implementation of new processes and systems. The Senior Internal Auditor is also responsible for reporting audit results, giving relevant and reasonable recommendations and collaborating with management on resolution strategies. This position reports administratively to the Chief Operating Officer and will have direct access to the Audit Committee of the Board of Directors.

SUPERVISORY RESPONSIBILITIES

Provides leadership and management to the Audit Department. Responsible for the overall direction, coordination, and evaluation of the department, which includes planning and directing work, appraising performance, rewarding, and disciplining employees, addressing complaints, and resolving problems. Develops employees’ skill sets and encourages growth by providing ongoing coaching and encouraging personal and professional development. Continually works to improve management skills and takes responsibility for employees’ activities.

QUALIFICATIONS

To perform this job successfully the individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and ability required.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Determines the scope and objectives of audits, leads, performs, and reviews audit testing, drafts audit reports, and completes risk assessments.
  • Function as the primary liaison between the Bank and providers of external audit services and examiners of federal and state regulatory agencies.
  • Understands and applies audit methodology practices and reports on the effectiveness of internal controls.
  • Summarizes and analyzes data

Education & Experience

Bachelor’s degree (BA) from a 4-year college or university preferred and/or 5+ years related experience and/or training or equivalent combination of education and experience.

About

Being in business for more than 135 years means we know what we are doing, and we do it well. We are constantly challenging ourselves to deliver better, faster, and more meaningful, personalized services. Our customers know our name and we know generations of business owners. We are committed to making a difference in our customers' lives through our unceasing pursuit of innovation and transcendence.

People join the Bank of Elk River for the opportunity of a new job but stay because they have found a dynamic, challenging career. Discover what is possible for you at The Bank of Elk River!

How to Apply
MBA Job number/Date Added
JobtitleApplyBlindadDateaddedEducFilenumJobdescAbout
Senior Internal Auditor

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=866a05de-daf5-4899-b621-06da5a9bb99c&ccId=19000101_000001&lang=en_US

False2/2/2023

Bachelor’s degree (BA) from a 4-year college or university preferred and/or 5+ years related experience and/or training or equivalent combination of education and experience.

H-7569

The Senior Internal Auditor is responsible for performing or overseeing objective, independent, and reliable assessments of the effectiveness of the bank’s risk management activities, its compliance with applicable regulations, and its internal control-environment. Directs outsourced vendors and is the primary collaborator with all regulatory agencies. Appraises all existing internal controls, operations and administrative functions for efficiency and effectiveness and acts as an advisor to management on issues such as the creation of monitoring techniques, risk management, internal controls, and the inclusion of risk management in the implementation of new processes and systems. The Senior Internal Auditor is also responsible for reporting audit results, giving relevant and reasonable recommendations and collaborating with management on resolution strategies. This position reports administratively to the Chief Operating Officer and will have direct access to the Audit Committee of the Board of Directors.

SUPERVISORY RESPONSIBILITIES

Provides leadership and management to the Audit Department. Responsible for the overall direction, coordination, and evaluation of the department, which includes planning and directing work, appraising performance, rewarding, and disciplining employees, addressing complaints, and resolving problems. Develops employees’ skill sets and encourages growth by providing ongoing coaching and encouraging personal and professional development. Continually works to improve management skills and takes responsibility for employees’ activities.

QUALIFICATIONS

To perform this job successfully the individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and ability required.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Determines the scope and objectives of audits, leads, performs, and reviews audit testing, drafts audit reports, and completes risk assessments.
  • Function as the primary liaison between the Bank and providers of external audit services and examiners of federal and state regulatory agencies.
  • Understands and applies audit methodology practices and reports on the effectiveness of internal controls.
  • Summarizes and analyzes data

Being in business for more than 135 years means we know what we are doing, and we do it well. We are constantly challenging ourselves to deliver better, faster, and more meaningful, personalized services. Our customers know our name and we know generations of business owners. We are committed to making a difference in our customers' lives through our unceasing pursuit of innovation and transcendence.

People join the Bank of Elk River for the opportunity of a new job but stay because they have found a dynamic, challenging career. Discover what is possible for you at The Bank of Elk River!