Job Description:
The Audit Analyst is responsible for conducting assigned compliance risk management activities in support of the Bank’s Compliance Management Program under the direction of the Chief Compliance and Audit Officer. Provides support in the administration of the Bank's overall internal audit program. Maintains integrity of work by working independently with access to the Audit Committee through the Chief Compliance and Audit Officer.
Target Compensation: $99,570.00
ESSENTIAL DUTIES
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Conducts assigned compliance risk management activities in support of the Bank’s Compliance Management Program under the direction of the Chief Compliance and Audit Officer.
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Ensure conformity and adherence with all applicable state and federal laws, rules, and regulations.
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Develops and maintains knowledge of consumer protection laws, rules, and regulations that impact the Bank, in addition to specific business units' operations, products, and systems.
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Ensures adherence to regulatory agency directives, memoranda, interpretive rulings, laws, and regulations affecting the Bank.
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Interprets policy and procedural changes and ensures they are adhered to throughout the Bank; ensures policies, procedures and are in compliance with all applicable laws, rules and regulations; verifies that appropriate policies and procedures are in place; provides advice to management by recommending changes to policies, procedures, and/or practices; and verifies that changes are implemented.
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Prepares state of compliance reports for management under the direction of the Chief Compliance and Audit Officer.
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Completes assigned compliance audits to determine if adequate controls are in place and are working as intended and reports the results to management.
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Completes assigned consumer protection regulation and other compliance risk management training and/or certification as needed and/or required.
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Conduct periodic Internal Audits to maintain compliance in Bank branches and departments.
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Presents audit results at the Executive Compliance Committees and Audit Committees as needed.
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Assists in preparation of Executive Compliance Committee and Audit Committee agendas.
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Monitor for DFPI communications and annual reporting requirements.
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Monitor of all required annual notices and disclosures.
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Demonstrates compliance with all applicable laws, rules and regulations for assigned job function; ensures knowledge is maintained through coursework and on-the-job training; and keeps up to date on law, rule, and regulation changes.
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Assists in the coordination and support of compliance audits and examinations.
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Facilitate Safety & Soundness and Compliance Examinations by maintaining examination documentation, coordinating work papers, reviewing exam reports, creating/updating action plans, and interacting with regulators.
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Prepares and maintains action plans resulting from audits and examinations.
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Assists in conducting third-party audit vendor due diligence.
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Assists in the preparation of the Bank wide audit schedule and vendor recommendations to Audit Committee.
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Coordinates and schedules approved audits with third-party vendors.
- Primary point of contact for third-party audit vendors, including vendor management responsibilities.
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Conducts BBC and department audits as assigned.
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Maintains Bank wide audit schedule and reports on audit status.
- Review of various risk assessments as part of internal audits.
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Ensures compliance with all applicable reporting and recordkeeping requirements and timely distribution of related materials and publications to designated personnel.
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Ensures that required training annual and new hire training is on track.
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Assists in special projects and tasks for the department as directed.
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Processes, solves and answers complex customer transactions, problems or inquiries.
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Answers telephones, answers questions, and directs callers to proper Bank personnel.
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Assumes responsibility for various department functions in the absence of staff members or in overload situations.
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Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; and upholds organizational values; and accepts responsibility for own actions.
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Demonstrates knowledge of and adherence to Equal Employment Opportunity (EEO) policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; and builds a diverse workforce and supports affirmative action.
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Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations, and adheres to Bank Secrecy Act (BSA) responsibilities that are specific to the position.
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Completes administrative tasks correctly and on time; supports the Bank’s goals and values; and benefits the Bank through outside activities.
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Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
Experience and Skills:-
Basic knowledge of business unit work flows, policies, procedures and processes and of compliance-related Bank and industry best practices.
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Possess excellent attention to detail, with ability to analyze data and communicate findings or results.
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Demonstrated capacity to manage high-volume of assignments and deadlines.
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Proven ability to work on complex problems in a team environment, working across business areas.
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Basic experience to effectively train and instruct others in a formal classroom or one-on-one environment.
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Intermediate knowledge of Bank administration, lending and operations products and services; related state and federal laws and regulations, and other Bank operational policies and procedures.
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Intermediate experience, knowledge and training in all operational and lending activities and terminology.
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Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
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Basic skills in computer terminal and personal computer operation; host computer system; word processing and spreadsheet software programs.
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Basic typing skills to meet production needs of the position.
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Basic math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
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Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.
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Ability to deal with routine problems involving multiple facets, variables and situations where only limited standardization exists.
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Good organizational and time management skills.
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Ability to work with minimal supervision while performing duties.
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Current driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
Job Benefits:
Competitive medical (PPO/HMO), dental, vision, STD/LTD, 401(k), Sick time, and vacation time
From: Mission Bank