AVP Consumer Compliance Senior Auditor

First Financial Bank Texas; Abilene (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

First Financial Bank Texas is looking for an AVP Consumer Compliance/BSA/AML Senior Auditor based in Abilene, Texas. The role involves planning and executing risk-based audits concerning BSA, AML, and regulatory compliance, ensuring that internal controls are adequate.

The ideal candidate will have a Bachelor's degree in a related field and four to five years of experience in an audit role. This position aims to enhance the bank’s compliance with financial regulations, fostering a collaborative work environment.

Qualifications

• Minimum four (4) to five (5) years of experience in an audit-related role.
• Knowledge of financial institution regulatory environment and requirements.
• Working knowledge of BSA/AML regulations, OFAC requirements.

Responsibilities

• Plan and execute risk-based internal audits.
• Prepare audit reports that communicate results and corrective actions.
• Identify control gaps and develop well-supported observations and recommendations.

Skills

Knowledge of auditing standards and practices

Proficient in Microsoft Office applications

Strong attention to detail

Effective communication skills

Ability to manage multiple tasks

Education

Bachelor’s degree in business, accounting, finance, or related discipline

Job description

We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description

Office Location

Abilene, Texas, United States

Scope/Contacts

The AVP Consumer Compliance/BSA/AML Senior Auditor is responsible for the execution and support of risk-based audits over Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and regulatory compliance, as well as assisting Internal Audit team where necessary. The objective of this role is to ensure the Company’s internal controls are adequate by executing and assisting with the development of an audit program that is commensurate with the size and complexity of First Financial Bankshares, Inc. (FFIN) and its subsidiaries.

Essential Functions

• Plan and execute risk-based internal audits and reviews of BSA/AML, OFAC, and regulatory compliance programs in accordance with the approved audit plan.
• Evaluate the design and operating effectiveness of internal controls related to BSA/AML, including but not limited to sanctions, suspicious activity reporting (SAR), customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, currency transaction reporting (CTR), 314(a) / 314(b), OFAC etc.
• Support regulatory compliance audits such as Regulation Z, Regulation E, Servicemembers Civil Relief Act, Fair Lending, etc.
• Perform audit testing, document workpapers, and ensure audit evidence sufficiently supports audit conclusions in accordance with internal audit standards.
• Identify control gaps, process weaknesses, and regulatory compliance issues, including risk impact and develop well supported observations and recommendations.
• Prepare audit reports that communicate audit results, issues, and corrective action in a timely, clear, and concise manner.
• Evaluate corrective actions provided by management and track audit issues and validate corrective action plans and remediation efforts.
• Liaise between the bank and external parties, such as co-sourced internal audits, and lead or assist with the gathering of information, scheduling, and planning of these engagements.
• Work as a member of a project team and cultivate a strong working relationship with the Internal Audit team and line of businesses.
• Stay current on regulatory changes, emerging risks, and industry best practices related to BSA/AML and compliance.
• Adhere to professional auditing standards, including the Institute of Internal Auditors (IIA) Standards and Company’s policies.
• Actively participate in the Customer Service First program, support the values of the organization, and follow established policies and procedures.
• Perform other duties and special projects as assigned by Internal Audit management.

Minimum Qualifications

• Bachelor’s degree in business, accounting, finance, or related discipline.
• Minimum four (4) to five (5) years of experience in an audit-related role pertaining to BSA/AML and regulatory compliance at a regulated financial institution and/or public accounting firm.
• Knowledge of auditing standards and practices.
• Knowledge of financial institution regulatory environment and requirements.
• Related certifications or willingness and plan to obtain (CIA, CRCM, CAMS, or similar).
• Working knowledge of BSA/AML regulations, OFAC requirements, and financial institution compliance programs.
• Proficient in Microsoft Office applications (Excel, Word, PowerPoint, Co-Pilot).
• Ability to manage multiple tasks and deliver high-quality deliverables within deadlines.
• Strong attention to detail and accuracy.
• Consistently demonstrate clear and concise written and verbal communication.
• Demonstrated ability to remain unbiased in a diverse working environment.
• Effective communication skills to clearly convey audit findings.
• Ability to protect confidential information.

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)