Audit Manager

Bankeasy; Sioux Falls (SD); On-site; USD 60,000 - 80,000; Full time

Job summary

A community bank in Sioux Falls seeks an Audit Manager responsible for managing the Internal Audit Department. The ideal candidate has a bachelor's degree, seven years of banking or audit experience, and strong regulatory compliance knowledge. Key duties include leading the audit team, assessing risk, and ensuring effective communication with senior management. Join a positive company culture dedicated to community and employee well-being.

Benefits

Generous health, dental, vision, and life insurance

401(k) & ESOP Profit Sharing

Wellness Program

Tuition reimbursement

Paid volunteer service hours

In-house Childcare & Preschool

Robust internal training programs

Qualifications

• Bachelor’s degree and seven years of banking and/or audit experience.
• Strong understanding of auditing standards and regulatory compliance.
• Strong oral and written communication skills.

Responsibilities

• Manage the Internal Audit Department and report to the Board Audit and Compliance Committee.
• Lead the team, mentor staff, and develop annual audit schedules.
• Perform audit fieldwork to assess compliance with controls and regulations.

Job description

Audit Manager page is loaded## Audit Managerlocations: Sioux Falls, SD (Main): Brookings, SD (Main)time type: Full timeposted on: Posted Yesterdayjob requisition id: R-100563**Job Description:**This person is responsible for managing the Internal Audit Department, the “third line of defense” for the organization, including reporting directly to the Board Audit and Compliance Committee. The manager will be responsible for the execution of the internal audit program for the organization’s banking activities, including the traditional bank, national products, wealth management, and IT activities. Qualifications: This person should have a bachelor’s degree and seven years of banking and/or audit experience or the equivalent. The designation of Certified Internal Auditor, Certified Public Accountant, or relevant certification from at least one bank trade association is required. This person should have a strong understanding of auditing standards, accounting principles, banking, and regulatory compliance, and demonstrate an ability to work well independently. Strong oral and written communication skills are required, along with strong analytical and problem-solving skills. Principal Responsibilities: Lead the team and develop an atmosphere of teamwork, open communication and unity. Provide oversight of all services offered. Actively mentor staff and ensure they are trained, evaluated, and motivated to perform their responsibilities in an effective and progressive manner. Assess risk across all levels of the corporation and develop the annual audit schedule for review and approval by Supervisor and the Audit Committee. Including completing a risk assessment for the organization that can be used jointly by the Compliance and Enterprise Risk departments (ERM). Recommend enhancements and changes to the audit program to ensure effectiveness. Perform audit fieldwork and assume responsibility of oversight of all elements of the audit program. This includes individual reviews, evaluating the soundness, adequacy, effectiveness, and proper application of accounting, financial, regulatory compliance, and operational controls, and determining the extent of compliance with laws, regulations, and internal controls including policies, procedures, and established practices Responsible for reviewing the activity of the departments classified as the “second line of defense, including compliance, quality control, ERM and any other departments within this category to insure they are fulfilling their role as a proper check and balance in the organization Assume responsibility for the oversight and completion of FDICIA testing, including coordinating with external auditors. Communicate findings with senior management. Design and execute additional testing to demonstrate proper remediation when necessary. Maintain FDICIA control documentation and test results. Coordinate the meeting schedule for the Audit & Compliance Committee. Issue reports to appropriate levels of management stating conclusions and recommendations for improving the organization’s control structure. Interact with Senior Management in coordinating appropriate responses to audit report findings or other identified concerns within the organization. Work closely with other business units to monitor and follow up on issues discovered during internal or external audits and reviews to ensure corrective action is taken. Assist in or conduct presentations to appropriate levels of management or the Audit Committee or Board of Directors at the conclusion of an audit. Participate from an audit perspective in committee proceedings and evaluations of new policies, procedures, systems, and products as assigned. Maintain a current knowledge of developments applicable to the position in the areas of auditing, banking, regulatory compliance, and technology, including requirements under FDICIA. Work closely with external auditors and examiners in their work as assigned and assist in the preparation for regulatory examinations. Act in accordance with FBT policies and procedures as set forth in the employee handbook. Adhere to compliance procedures and participate in required compliance training.**Compensation Grade**Salary Grade 8*First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete**. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email [e-mail].** Peace of mind when it comes to you and your family's well-being with generous health, dental, vision, and life insurance. Plus, optional access to additional life, disability, and other forms of insurance. 401(k) & ESOP Profit Sharing* Employees are owners. Receive a match of up to 7% of your contributions to your retirement account. Wellness Program* The Healthy Way Program incentivizes gym membership and hosts educational programs and challenges throughout the year.**Education*** Student loan repayment assistance program.* Tuition reimbursement.* A robust internal training program that goes beyond onboarding. We want you to continue learning. That's why we offer job shadowing, a mentorship program, and more. Volunteer Service Hours* Paid time to volunteer. Employees get 16 hours to take part in and donate their time to local charities.**In-house Childcare & Preschool*** Kid's World childcare and preschool in Brookings is available for the children and grandchildren of employees.**Our Culture:** We value our culture and work hard to keep it top of mind at all times. Employees rally around 9 core principles, creating a collaborative and enjoyable work experience for all. During the onboarding process, all new employees attend a culture camp, which is led by the CEO and the Chairman of the Board. **Work for us:** Our employees enjoy working together and treat eachother (and customers) like family. Check out our career opportunities, and join a company that cares about its people and community.We invest in our people: Our communities have contributed to the success of our business and our families. In turn, this allows us to contribute to the success of our communities. We have remained an independent community institution over the years and employ almost 700 people. Our employees are like family (they’re also part owners). Not only is working for us rewarding, but you’ll also be a part of a positive culture and company that gives back to the community. **Our Benefits:** **Comprehensive Healthcare Benefits**