Audit Liaison Commercial Banking - Marquee Staffing
Irvine, CA 92614
About the Job
Job Summary: The Audit Liaison's primary responsibility is to ensure the efficient and effective execution of internal audits across various areas of the banks operations. You will work with Department and Group managers and provide recommendations to enhance the Banks internal controls, risk management, and compliance processes. Your role is crucial in safeguarding the Banks assets, ensuring regulatory compliance, and promoting a culture of integrity and accountability.
Essential Functions:
1. Develop and implement risk-based audit plans that align with the bank's strategic objectives and regulatory requirements.
2. Identify key risks, controls, and audit areas to focus on during the audit process.
3. Coordinate and conduct audits of different departments, processes, and activities within the bank, including financial operations, credit processes, compliance, IT systems, and operational functions.
4. Review and evaluate the adequacy and effectiveness of internal controls, risk management practices, and governance processes.
5. Prepare comprehensive audit reports that effectively communicate audit findings, recommendations, and management responses.
6. Present audit results to board and senior management, highlighting significant issues, control weaknesses, and areas for improvement.
7. Engage in constructive discussions with management to address audit findings and promote the adoption of best practices.
8. Maintain effective communication channels with the audit committee, including external auditors, and internal departments.
9. Assess the bank's (commercial) compliance with relevant laws, regulations, policies, and industry standards.
10. Stay updated with changes in regulatory requirements and industry trends, ensuring audits are conducted in compliance with applicable guidelines.
11. Monitor the implementation of corrective actions and track the resolution of audit findings.
12. Provide guidance and support to management in strengthening the bank's risk management framework.
13. Identify opportunities to enhance audit methodologies, tools, and processes.
14. Promote continuous improvement initiatives to streamline audit procedures and increase efficiency.
15. Conduct quality assurance reviews of audit engagements to ensure adherence to professional standards and internal policies.
16. Perform annual review of the Audit Policy and Audit Charter for approval of the board of directors.
17. Perform other duties as assigned.
Qualifications:
Bachelors degree preferred.
Minimum of 7-10 years of experience in commercial banking operations and internal audit.
Experience with internal auditing and audit tracking programs.
Exceptional analytical skills, organizational skills, attention to detail and the ability to multitask.
Knowledge and experience with bank operations, financial products, regulatory requirements, and risk management.
Ability to maintain a high degree of confidentiality, high ethical standards, and professional demeanor.
Excellent verbal and written communication skills. Ability to communicate effectively with all levels of personnel. Strong presentation skills.
Proficiency in auditing methodologies, techniques, and standards.
Able to work independently and with minimal supervision.
Essential Functions:
1. Develop and implement risk-based audit plans that align with the bank's strategic objectives and regulatory requirements.
2. Identify key risks, controls, and audit areas to focus on during the audit process.
3. Coordinate and conduct audits of different departments, processes, and activities within the bank, including financial operations, credit processes, compliance, IT systems, and operational functions.
4. Review and evaluate the adequacy and effectiveness of internal controls, risk management practices, and governance processes.
5. Prepare comprehensive audit reports that effectively communicate audit findings, recommendations, and management responses.
6. Present audit results to board and senior management, highlighting significant issues, control weaknesses, and areas for improvement.
7. Engage in constructive discussions with management to address audit findings and promote the adoption of best practices.
8. Maintain effective communication channels with the audit committee, including external auditors, and internal departments.
9. Assess the bank's (commercial) compliance with relevant laws, regulations, policies, and industry standards.
10. Stay updated with changes in regulatory requirements and industry trends, ensuring audits are conducted in compliance with applicable guidelines.
11. Monitor the implementation of corrective actions and track the resolution of audit findings.
12. Provide guidance and support to management in strengthening the bank's risk management framework.
13. Identify opportunities to enhance audit methodologies, tools, and processes.
14. Promote continuous improvement initiatives to streamline audit procedures and increase efficiency.
15. Conduct quality assurance reviews of audit engagements to ensure adherence to professional standards and internal policies.
16. Perform annual review of the Audit Policy and Audit Charter for approval of the board of directors.
17. Perform other duties as assigned.
Qualifications:
Bachelors degree preferred.
Minimum of 7-10 years of experience in commercial banking operations and internal audit.
Experience with internal auditing and audit tracking programs.
Exceptional analytical skills, organizational skills, attention to detail and the ability to multitask.
Knowledge and experience with bank operations, financial products, regulatory requirements, and risk management.
Ability to maintain a high degree of confidentiality, high ethical standards, and professional demeanor.
Excellent verbal and written communication skills. Ability to communicate effectively with all levels of personnel. Strong presentation skills.
Proficiency in auditing methodologies, techniques, and standards.
Able to work independently and with minimal supervision.
Source : Marquee Staffing