Senior Banking Compliance Audit Manager

First American Bank; Elk Grove Village (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

First American Bank, headquartered in Chicago, seeks an Internal Audit Compliance Manager to lead risk-based audits focused on regulatory compliance across the Bank. The role develops the compliance portion of the annual audit plan and evaluates controls to ensure adherence to banking laws and regulations.

You will supervise audit engagements, collaborate with Compliance, Risk Management, and external parties, and communicate findings to senior leadership and the Audit Committee.

Qualifications

• Minimum of seven years of experience in internal audit, regulatory compliance, risk management, or a related field within banking or financial services required.
• Experience leading audit engagements, reviewing workpapers, evaluating findings, communicating results to senior management, and providing direction to staff or co-sourced resources required.
• In‑depth knowledge of banking laws and regulations, internal audit practices, risk assessment techniques, and internal control frameworks required.
• Professional certification such as CIA, CRCM, CAMS, or CPA preferred.

Responsibilities

• Develop and maintain risk-based compliance portions of the annual internal audit plan with input from Compliance, Risk Management, and regulators.
• Lead, plan, perform, and oversee compliance-focused audit engagements per standards and methodology.
• Evaluate design and operating effectiveness of compliance controls, policies, and governance processes.
• Prepare audit reports and executive summaries communicating objectives, scope, observations, risks, and recommendations.
• Present audit results and remediation status to senior management and the Audit Committee.
• Coordinate with external auditors/regulators during audits and examinations.

Skills

Audit leadership

Regulatory compliance

Banking regulations

Communication

Education

CIA / CRCM / CAMS / CPA preferred

Tools

Microsoft 365

GRC software

Data analytics

Job description

First American Bank, headquartered in Chicago, seeks an Internal Audit Compliance Manager to lead risk-based audits focused on regulatory compliance across the Bank. The role develops the compliance portion of the annual audit plan and evaluates controls to ensure adherence to banking laws and regulations.

You will supervise audit engagements, collaborate with Compliance, Risk Management, and external parties, and communicate findings to senior leadership and the Audit Committee.