Banking Internal Audit & Compliance Specialist

Scale-Bank; Edina (MN); On-site; USD 70,000 - 90,000; Full time

Job summary

Scale-Bank in Edina, MN seeks an Internal Audit & Compliance Specialist to support the VP of Finance in administering internal audit, compliance, and risk programs. You will monitor regulatory requirements, coordinate audits, track corrective actions, and maintain internal controls to ensure policy adherence and industry best practices.

The role collaborates with multiple departments to review policies, prepare management reports, and support Board communications on compliance and risk

Qualifications

• Bachelor's degree required or preferred in a related field.
• 2–5 years of banking operations, audit, compliance, or risk management experience.
• Knowledge of internal controls and audit principles.
• Strong written and verbal communication skills.

Responsibilities

• Conduct in-house compliance and internal audits.
• Assist in coordinating the Bank's internal and external audit programs.
• Maintain audit schedules and track completion of engagements.
• Assist with audit planning, document collection, and communication with auditors.
• Monitor audit findings and management responses.
• Track corrective action plans and verify timely resolution of audit exceptions.
• Maintain audit reports, workpapers, and supporting documentation.
• Assist in preparing audit summaries and compliance reports for management and Board review.
• Assist in administering the Bank's Compliance Program (BSA/AML).
• Conduct compliance reviews and testing to assess adherence to regulatory requirements.

Skills

Analytical thinking

Communication skills

Organizational skills

Time management

Project management

MS Office

Education

Bachelor's degree in Accounting, Finance, Business Administration, Risk Management, or related field

Tools

Microsoft Office

Job description

Scale-Bank in Edina, MN seeks an Internal Audit & Compliance Specialist to support the VP of Finance in administering internal audit, compliance, and risk programs. You will monitor regulatory requirements, coordinate audits, track corrective actions, and maintain internal controls to ensure policy adherence and industry best practices.

The role collaborates with multiple departments to review policies, prepare management reports, and support Board communications on compliance and risk