Senior Internal Auditor: SOX & ICFR Risk & Controls

Avidia Bank; Westborough (MA); Hybrid; USD 110,000 - 140,000; Full time

Job summary

Avidia Bank in Westborough, MA seeks a Senior Internal Auditor to plan, execute and report risk-based internal audit engagements across governance, risk management and internal control environments.

The role supports SOX/ICFR, regulatory and Audit Committee requirements, and requires independent judgment, strong communication, and the ability to identify control weaknesses and actionable improvements.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• CPA or CRCM certification preferred.
• 3+ years of internal audit, banking, financial services, risk management or related experience.
• Knowledge of major banking regulations and their application.
• Knowledge of COSO Internal Control Framework.
• Proficiency with GRC and banking core processing applications.
• Strong communication skills to communicate efficiently and effectively with stakeholders at various levels of the organization.

Responsibilities

• Plan and execute risk-based internal audit engagements in accordance with the Internal Audit Charter and applicable professional standards.
• Perform risk assessments and determine audit scope, objectives, procedures and sampling methodologies.
• Evaluate the design and operating effectiveness of current state internal controls.
• Perform walkthroughs, interviews, testing, substantive procedures and analytical reviews.
• Prepare clear and complete audit workpapers supporting conclusions and findings.
• Identify control deficiencies, procedural weaknesses and opportunities for process improvements.
• Develop practical, risk-based recommendations with management.
• Evaluate compliance with applicable laws, regulations, and internal policies.
• Prepare comprehensive draft audit reports to management detailing objectives, scope, procedures, findings and recommendations.
• Follow IIA standards and regulatory expectations; protect confidential information.
• Maintain professional competence through continuing education and audit training.

Skills

Internal audit

Communication

Education

Bachelor's degree

Certifications

Tools

GRC systems

Banking core processing

Job description

Description

Position Summary:

The Senior Internal Auditor is responsible for planning, executing, documenting and reporting internal audit engagements designed to evaluate the effectiveness of the organization’s governance, risk management and internal control environment.

The position performs audits of financial, operational, treasury and other risk areas within the institution. The Senior Internal Auditor also supports the organization’s Sarbanes-Oxley (SOX), internal control over financial reporting (ICFR), regulatory and Audit Committee requirements, as applicable.

The Senior Internal Auditor is expected to exercise independent and objective judgement, identify emerging risks and control weaknesses, develop practical recommendations and communicate audit results effectively to management and other stakeholders.

Primary Responsibilities:

• Plan and execute risk-based internal audit engagements in accordance with the Internal Audit Charter, approved audit plan, and applicable professional standards (IIA, etc..).
• Perform risk assessments and determine appropriate audit scope, objectives, procedures and sampling methodologies.
• Evaluate the design and operating effectiveness of current state internal controls.
• Perform walkthroughs, interviews, testing, substantive procedures and analytical reviews.
• Prepare clear and complete audit workpapers supporting conclusions and findings.
• Identify control deficiencies, procedural weaknesses and opportunities for process improvements.
• Develop practical, risk-based recommendations with management.
• Evaluate compliance with applicable federal and state laws, regulations, regulatory guidance and internal policies.
• Prepare comprehensive draft audit reports to management that clearly communicate audit objectives and scope, audit procedures performed, findings/control deficiencies, risk ratings, root causes, and practical recommendations.
• Follow applicable Institute of Internal Auditors (IIA) professional standards and regulatory expectations.
• Protect confidential and sensitive information.
• Maintain professional competence through continuing education and audit training.

Other Responsibilities:

Perform related and unrelated duties as may be required.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Professional Internal Audit certification, CPA, or CRCM is preferred.
• 3+ years of internal audit, banking, financial services, risk management or related experience.
• Knowledge of major banking regulations and their application
• Knowledge of banking operations including lending and deposit functions
• Knowledge of COSO Internal Control Framework
• Proficiency with GRC and banking core processing applications
• Strong communication skills to communicate efficiently and effectively with stakeholders at various levels of the organization.

Avidia Bank is an Equal Opportunity Employer/Veterans/Disabled

Member FDIC/DIF

PM21