Sr. Auditor - BSA/AML

Flagstar Bank; United States; Remote; USD 84,000 - 169,000; Full time

Job summary

Flagstar Bank is seeking a Sr. Auditor for BSA/AML responsibilities. In this role, you will conduct audits to ensure compliance with regulations and internal controls, document findings, and contribute to various auditing processes. Ideal candidates have significant experience in the banking sector and relevant certifications.

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Comprehensive leave program

Qualifications

• Five years experience in Financial Audits, Treasury Audits, or similar.
• CIA, CRCM, CFE, CAMS, CPA, CRMA, or CICA certifications preferred.
• Experience in a highly regulated industry is preferred.

Responsibilities

• Execute fieldwork and document audit testing.
• Assist in audit planning and reporting activities.
• Research issues and recommend improvements.

Skills

Analytical skills

Communication skills

Organizational skills

Critical thinking skills

Education

Undergraduate Degree in Accounting, Finance or related field

Tools

Microsoft Office

Job description

Position Title

Sr. Auditor - BSA/AML

Location

Nationwide, MI 48098

Job Summary

The Senior Internal Audit Auditor will assist the Audit Manager in the preparation of audit documents including audit engagements, planning memorandums, preliminary opening discussion documents, audit programs and wrap up documents in assigned vertical. This position will assess policies, procedures and supporting processes and help ensure compliance with regulatory requirements. This position will possess and apply a comprehensive knowledge to the completion of complex/difficult assignments. This position will plan, conduct, and may supervise assignments.

Pay Range: $84,878 - $126,468 - $168,059Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

Audit Fieldwork

• Execute fieldwork, conduct data requests and analysis, document audit testing and work papers in compliance with IIA professional standards and the Flagstar IA methodology.

• Review results with Senior Auditor and management, and assist in communications on the systems of internal controls to ensure that internal controls are adequate and effective, comply with internal policies and procedures, agency guidelines and applicable statutes, regulations, and regulatory requirements.

• Research potential issues or concerns and make recommendations to improve processes and address risk accordingly.

Audit Planning & Reporting

• As needed, assist department manager and designated employees with:
  • The audit planning process, including announcement memo, audit scope and planning, opening meeting, and work paper assignments under the direction of Lead/Senior Auditor and management.
  • Assist in activities related to coordination of audit communications throughout the audit including status update meetings and exit meetings.
  • Perform wrap up activities, including clearing of review notes and assisting in draft of findings, observations and audit reports.

Issue Follow-up

• Research issues and make recommendations on lessons learned and retrospectives on work completed.

Data Analytics

• Work with Lead/Senior Auditor, management and IT / data analytics team members to plan to maximize opportunities for data analytics, automation and/or continuous monitoring.

Additional Accountabilities:

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Job Requirements:

• Education level required: Undergraduate Degree (4 years or equivalent) in Accounting, Finance or related field.
• Five years’ experience with focus on one of the following audit areas dependent on assigned specialty - Financial Audits, Treasury Audits, Risk Management Audits, BSA Compliance, Corporate Services, Mortgage Lending, Retail Banking, or Credit Administration/Commercial Lending/Commercial Loan Review.
• CIA, CRCM, CFE, CAMS, CPA, CRMA, or CICA certification preferred.
• Experience in financial services or other highly regulated industry experience is preferred.

Job Competencies:

• Comprehensive knowledge of banking, accounting, and internal controls and the ability to apply knowledge in an audit function.
• Knowledge of bank/corporate operating policies and procedures and Federal and State regulations.
• Proficient in the use of Microsoft Office applications.
• Strong interpersonal communication skills (written & verbal).
• Strong quantitative and analytical skills.
• Strong organizational skills.
• Strong critical thinking skills.
• Ability to mentor junior staff.
• Ability to work well with various levels of management.
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.