Audit Manager

Preferred Bank; Los Angeles (CA); On-site; USD 120,000 - 170,000; Full time

Job summary

Preferred Bank, Los Angeles, seeks an Audit Manager to lead comprehensive audits of financial operations and internal controls. The role requires evaluating regulatory compliance and identifying risk areas while mentoring junior auditors and ensuring timely reporting to senior management.

The ideal candidate will bring extensive banking audit experience, strong analytical and presentation skills, and familiarity with relevant regulations to uphold the bank's financial health and compliance

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 5+ years of internal bank auditing experience.
• CIA or CPA preferred; strong banking controls knowledge.

Responsibilities

• Lead and execute comprehensive audits of the bank's financial operations and internal controls.
• Identify risks and opportunities for control improvements and process enhancements.
• Mentor junior auditors and develop the team’s technical capabilities.
• Ensure timely and accurate reporting of audit findings to senior management and stakeholders.

Skills

Analytical thinking

Problem solving

Communication skills

Presentation skills

Teamwork

Independence

Regulatory knowledge

Education

Bachelor's degree in accounting, finance, or related field

Job description

Job Description

The Audit Manager is responsible for leading and executing comprehensive audits of the bank's financial operations, internal controls, and compliance with regulations, identifying potential risks and areas for improvement, while also mentoring junior auditors and ensuring timely reporting of audit findings to senior management; essentially acting as a key player in maintaining the Bank's financial health and regulatory adherence by thoroughly evaluating its internal processes and controls.

Required Skills And Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• Minimum five years of experience in internal bank auditing required.
• Professional certification such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) preferred.
• Extensive experience in banking operations, internal controls, and audit methodologies.
• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills to effectively communicate audit findings.
• Ability to work independently and as part of a team.
• Knowledge of relevant banking regulations and compliance requirements.