Jr. Internal Auditor

Royal Business Bank; California; On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Disability insurance

Job summary

Royal Business Bank in Downtown Los Angeles, CA is seeking a Junior Internal Auditor to support the Internal Audit Department across branches, COS, online banking, EFT/ACH, trade finance and related operations. This on-site role requires collaboration with management and external auditors to ensure compliance with laws, regulations and internal policies.

The ideal candidate holds a bachelor’s degree in a business-related field and has at least 2 years in banking or a related setting, with strong

Qualifications

• Bachelor’s degree in business administration, finance, accounting or similar area of study.
• 2+ years of banking or comparable work-related experience.
• Strong verbal and written communication skills and knowledge of banking operations.

Responsibilities

• Assist Head of Internal Audit to follow internal audit program and perform operational and compliance audits.
• Assist in enhancing internal controls, operating efficiency and records adequacy.
• Communicate audit findings and recommendations to management.
• Prepare Final Audit Reports for Audit Committee review.
• Follow up on audit findings and corrective actions.
• Research irregularities and coordinate with business units and external auditors.
• Investigate fraud, embezzlements, and defalcations where applicable.
• Perform other duties assigned by Head of Internal Audit.

Skills

Verbal communication

Written communication

Analytical thinking

Interpersonal skills

Banking operations knowledge

Travel willingness

Education

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

Tools

MS Office (Excel)

Job description

WORK LOCATION: This is an in-office position based in our Downtown Los Angeles, CA office. Employees are expected to work on-site during regular business hours.

JOB SUMMARY

A Junior Auditor’s primary function is to assist Internal Audit Department in providing audit services on Branches, COS, Online Banking, EFT/ACH, Trade Finance and other operational related assignments assigned by Head of Internal Audit. This role ensures that all business activities comply with applicable laws, regulations, and internal policies and procedures. By assisting Internal Audit Department, the Junior Internal Auditor enhances the Bank’s governance, controls, and overall performance.

DUTIES

• Assist Head of Internal Audit to follow internal audit program and perform operational, and compliance audits in accordance with the internal audit program.
• Assist Head of Internal Audit to enhance the internal controls, operating efficiency, and the adequacy of bank records and recordkeeping.
• Communicate the audit findings and recommendations to appropriate management based on the results of regularly scheduled audits, non-scheduled audits, and at any time when issues need to be addressed by management.
• Assist Head of Internal Audit to make the Final Audit Report available for the Audit Committee to review the audit findings, recommendations and any significant deficiencies.
• Assist Head of Internal Audit to follow up the audit findings, deficiencies noted during audits, and any corrective plan if needed.
• To research any irregularities discovered by or assigned by Head of Internal Audit.
• Assist Head of Internal Audit to coordinate with business units and external auditors for outsourcing audit scope and schedule.
• Assist Head of Internal Audit to do the research, if there is any fraud, embezzlements, and defalcations within the bank. The report will be reviewed by Internal Auditor before submitted to Audit Committee or senior management.
• Perform other duties assigned by Head of Internal Audit.

QUALIFICATIONS

• EDUCATION: Bachelor’s degree in business administration, finance, accounting or similar area of study. Master’s degree in related area of study is highly valued.
• EXPERIENCE: 2+ years of banking or comparable work-related experience.

SKILLS/ABILITIES

• Proficiency in MS Office (especially Excel).
• Strong verbal and written communication skills to report findings.
• Comprehensive knowledge of banking operations.
• Technical and functional expertise in compliance & regulatory requirements, operational processes, and risk management.
• Interpersonal and relationship-building abilities.
• Willingness to travel up to 25% of the time

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

• Medical insurance
• Vision insurance
• 401(k)
• Disability insurance

Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website www.royalbusinessbankusa.com. Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.