Staff Auditor

Liberty Bank; Middletown (CT); On-site; USD 65,000 - 92,000; Full time

Job summary

Liberty Bank is seeking a Staff Auditor to join our Internal Audit team in a community bank setting. The role involves executing audits, testing controls, and contributing to the overall audit plan while maintaining compliance with regulatory guidelines.

The Staff Auditor will collaborate with the Audit Manager and other teams, demonstrating strong communication, time management, and analytical skills. A CPA/CIA/CISA/CFE track is encouraged, with opportunities for professional growth.

Qualifications

• Bachelor’s degree in accounting, finance or relevant area of study.
• 3-5 years internal or external auditing experience.
• Experience in the financial industry preferred.
• Proficiency with Word, PowerPoint, Excel, Adobe.
• Knowledge of risk-based auditing principles and processes.
• Strong attention to detail and organizational skills.
• Willingness to pursue professional designation (CPA, CIA, CISA, CFE).
• Familiarity with SOX, FDICIA, US GAAP and banking regulations.

Responsibilities

• Execute audits following IA methodology to assess internal controls.
• Communicate findings and recommendations to management.
• Assist in executing the Audit Plan and testing controls.
• Conduct interviews, review documentation, and identify irregularities.
• Prepare and contribute to audit findings and reports for General Auditor.
• Support back-up operations by generating reports from audit software.

Skills

Communication skills

Attention to detail

Time management

Team collaboration

Analytical thinking

Education

Bachelor's degree in accounting, finance or relevant area of study

Tools

Microsoft Office

AutoAudit/Optro

Job description

At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.

SUMMARY OF THE JOB

The Staff Auditor will have a general understanding of the financial, regulatory, and operational aspects of a community bank. The incumbent is expected to consistently exhibit the bank’s core values which include having a passion for customer service; building collaborative relationships with trust and integrity; treating everyone with dignity and respect; and taking pride in your work.

ESSENTIAL FUNCTIONS

Reporting to the Audit Manager, the Staff Auditor is responsible for the timely execution of assigned audit objectives using the Liberty Bank Internal Audit (IA) methodology to assess internal controls. The Staff Auditor will demonstrate an understanding of internal auditing standards, knowledge of business processes, and risk assessment practices. The Staff Auditor will have the following primary responsibilities:

• Understand and apply internal audit principles and standards, and complete assignments under Senior Auditor and/or Audit Manager’s supervision.
• Maintain effective communication with managers and supervisors to facilitate completion of audits and ensure implementation of proposed recommendations.
• Assist in executing the Audit Plan, as directed by IA management, by executing audit assignments and special projects in conformance with IIA Standards while consistently meeting deadlines.
• Perform or assist with execution of individual audits across lines of business or functions. Ensure accurate and complete testing of key controls are performed in compliance with established IA protocols and Institute of Internal Auditing (IIA) standards.
• Conduct interviews, reviews documentation and recordkeeping, and follows audit trails to identify irregularities in controls and procedures.
• Execute audit testing accurately, completely and in a timely manner, document workpapers in accordance with IA methodology.
• Determine (with the help of the Senior Auditor/Audit Manager) the overall impact of any identified control weakness and process inefficiencies, and communicate findings and related recommendations to the auditor in-charge and in interim status meetings.
• Contribute to development of individual findings and reports for General Auditor outlining recommended corrective actions.
• Clarify audit findings; maintain effective communications with managers and supervisors to facilitate completion of audits and to ensure implementation of proposed recommendations through validation of corrective action.
• Keep IA Management abreast of information about and activities in other areas of the Bank based upon Audit assignments.
• Responsible for personal development through enhancement of business knowledge and professional skills, and active participation in the performance management process.
• Work on developing expertise as a back-up support for the department’s Operations Team, such as generating reports from audit software.
• Contribute to enhancing relationships between internal audit and business line management.
• Develop effective leadership and teamwork skills.
• Keep abreast of changes in Bank policy and procedures and applicable regulatory guidelines.
• Identify, apply and share knowledge and best practices across audits.
• Participate in special projects, and perform other duties as needed.
• Adhere to applicable federal and state regulations and Bank policies and procedures, including OFAC, BSA, PATRIOT Act, Privacy, and consumer protection regulations pertaining to incumbent’s business line.
• Complete required training (on-line and in-person) by set due dates.

MINIMUM REQUIREMENTS

The Staff Auditor will have the ability to start and finish assigned work with appropriate supervision. The successful candidate will be strong and confident, weighing options and consequences carefully, with the ability to suggest a plan of action early, anticipate and adapt to change or obstacle, and bring an energetic eagerness to learn. Effective time management and being a self-starter is essential to success in this role. The ideal candidate will have the following knowledge and skills:

• Bachelor’s degree in accounting, finance or relevant area of study.
• 3-5 years internal or external auditing experience.
• Experience in the financial industry preferred.
• Strong oral & written communication skills and proficiency with Microsoft Office Suite: Word, Power Point, Excel, Adobe etc.). Knowledge of AutoAudit/Optro is a plus.
• Knowledge of risk-based auditing principles and processes in support of accounting, financial, operational, and compliance risk.
• Strong attention to detail, problem solving and analytical skills, and a high level of organization and enthusiasm with the proven ability to work well under pressure on multiple tasks, manage priorities, workload, and deadlines.
• Ability to work both independently and in a team environment.
• Willingness to work toward professional designation (i.e. CPA, CIA, CISA, CFE).
• Existing knowledge of or have the adequate foundation to learn and comprehend internal controls (Sarbanes Oxley – SOX and FDICIA), business processes, banking regulations, IIA Standards, and US GAAP.

PHYSICAL REQUIREMENTS

• General Office Equipment
• Keyboard Dexterity
• Prolonged Sitting

COMPLIANCE

Acts affirmatively in all activities under his/her control in conformance with the Bank’s affirmative action and equal opportunity policies. The bank shall provide equal employment opportunity to all qualified persons, and continue

Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.