Internal Control Auditor

at United Community Bancorp, LLC in Springfield, Illinois, United States

Job Description

Internal Control Auditor - Springfield, IL
Springfield, IL

Under the supervision of the Senior Internal Control Auditor, the Internal Control Auditor is directly responsible for executing internal control testing in accordance with FDICIA requirements.
Roles and Responsibilities:
Maintain independence from daily operations of the bank
Maintain proficient knowledge of applicable compliance statutes, regulations and interpretations - especially those related to risk management and internal controls
Assist in gathering and organizing items needed for investors. regulatory examiners and external auditors
Assist in designing, performing and documenting all work in such a manner that it can be easily reviewed and relied upon by external auditors, investors and regulatory examiners
Assist in preparing concise written memos when exceptions are identified
Assist with tracking outstanding issues and recommendations until satisfactorily resolved
Assist in identifying training needs and convey observations to management
Assist in annually mapping each general ledger account to the appropriate financial statement category
Assist in identifying the business process that supports/generates the account balance and the financial statement assertions that need to be validated during the annual audit for each financial statement category
Assist in maintaining comprehensive internal control matrices for each major business process and sub-process. These matrices should summarize the financial statement objectives, the risks that the objectives won't be met and the controls that are in place to mitigate each risk
Assist in identifying the key controls that need to be tested. Determine the scope and frequency of each test and summarize on the internal control matrices.
Asist in executing monthly internal control testing as outlined in the internal control matrices for the following business processes: Cash Management, Investment Management, Lending, Deposits, Accounts Payable, Item Processing, Fixed assets, Treasury Management, Financial Reporting
Assist in compiling and analyzing the results of the control testing and report findings to the Internal Audit Director
Assist in performing branch surprise cash audits
Adhere to department and bank policies and procedures
Complete all training requirements as assigned
Perform other duties as assigned
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Computer Requirements
Proficiency in Microsoft Office (Word, Excel, Access, and Power Point).
Experience using ITI/Director/FiServe Premier/Navigator preferred
Education/Experience Requirements
Bachelor's degree in accounting, finance, or business administration preferred
2-3 years of banking experience preferred
Additional Requirements
Basic understanding of internal auditing theory, standards, procedures and techniques
Basic understanding of accounting principles, techniques and banking laws and regulations
Strong attention to detail
Strong time management and organizational skills
Ability to practice discretion and handle confidential information in a professional manner
Professional demeanor and the ability to maintain positive relationships with auditees
Strong professional integrity in compliance with company policy, and ethical and legal standards
Ability to perform duties independently with limited direct supervision
Ability to independently establish priorities and meet deadlines
Problem Solving/Analysis skills
Ability to communicate effectively with customers and coworkers
Ability to work efficiently both with a team and individually
General knowledge of bank procedures as they apply to other departments
Attendance Requirements
Employees are expected to report to work as scheduled, on time and prepared to start work. Employees are expected to remain at work for their entire work schedule. Late arrival, early departure or other absences from scheduled hours should be avoided.
Certificates, licenses, or registrations:
None Required
Working Conditions:
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
Physical... For full info follow application link.

In order to provide equal employment and advancement opportunities to all individuals, employment decisions at United Community Bancorp will be based on merit, qualification, and abilities.  United Community Bancorp does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, age, disability, or any other actual or perceived characteristic protected by law.