Internal Auditor

Community Bank & Trust - Waco, Texas; Waco (TX); On-site; USD 65,000 - 95,000; Full time

Job summary

Community Bank & Trust in Waco, Texas is seeking an Internal Auditor to administer the bank's internal audit and compliance programs on-site. The role involves conducting independent audits of financial records, control procedures, and processes to ensure regulatory and policy compliance.

The ideal candidate will have a Bachelor's degree or equivalent financial experience, strong verbal and written communication skills, and the ability to work with auditees and senior management.

Qualifications

• Bachelor's Degree or relevant experience in a financial institution.
• Strong verbal and written communication skills.
• Ability to maintain satisfactory relationships with auditees and stakeholders.

Responsibilities

• Administer internal audit and compliance programs in a professional manner.
• Conduct audits and reviews of financial records, control procedures, processes, and documentation.
• Discuss findings with Senior Management and prepare written reports for the Audit Committee Quarterly.
• Provide guidance on development and implementation of policies and procedures.
• Coordinate investigations of suspected fraudulent or improper activities.
• Assist during external audits and regulatory examinations.
• Maintain knowledge of applicable banking laws and regulatory guidance.
• Perform daily reviews of general ledger entries and related items.
• Participate in Board-initiated projects and other duties as assigned.

Skills

Communication skills

Analytical thinking

Education

Bachelor's degree or equivalent experience

Job description

Community Bank & Trust is a locally-owned financial institution located in Waco, Texas. We are a dynamic organization that is committed to providing quality financial services with excellence, personal service, and professionalism to Central Texans. For more information about Community Bank & Trust visit www.cbtwaco.bank.

The Internal Auditor will administer the financial institution’s internal audit and compliance programs in a professional manner, and conduct independent audits and reviews of financial records, control procedures, processes, and documentation to ensure the financial institution complies with laws, regulations, and policies governing operations, safe and sound practices, and product offerings. This is an on-site position located in Waco, Texas.

Responsibilities Include:

• Administer and monitor programs in a professional manner to ensure the financial institution (which includes the wealth management and trust division) complies with applicable laws, regulations, rules, and policies.
• Conduct ongoing audit and compliance review procedures and activities for financial institution branches, divisions, and departments.
• Discuss internal audit and compliance review findings with Senior Management and prepare and submit written reports of internal audit and compliance reviews to the Audit Committee at least quarterly, including findings, analysis, conclusions, and recommended actions.
• Provide guidance and assistance in the development and implementation of new or revised policies, methods and procedures of the financial institution and its departments.
• Conduct and/or coordinate investigations of alleged or possible instances of fraudulent, illegal, or improper activities that could cause loss or claims against the financial institution.
• Assist with requests during external independent audits and regulatory examinations.
• Maintain a working knowledge of relevant legislation; federal and state banking laws and regulations; supervisory policy and guidance issuances from applicable regulatory authorities; and report important developments to Senior Management and applicable personnel.
• Perform a daily review of general ledger entries (on-line), insufficient funds items, account overdrafts, dormant account changes, computer security violations, and unposted items.
• Participate in projects and tasks as assigned by the Board or Senior Management.
• All other duties as assigned.

Education and Experience:

• Bachelor's Degree or relevant experience and responsible work in a financial institution
• Good verbal and written communication skills and an ability to maintain satisfactory relationships with those you audit.

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.