Staff Internal Auditor

Open Bank; Los Angeles (CA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical, Dental, & Vision insurance

401(k) Retirement Savings Plan with matching

Flexible Spending Account (FSA)

Paid Time Off (PTO)

Employee Assistance Program (EAP)

Company Paid Lunch twice a week

Job summary

Open Bank is seeking a Staff Internal Auditor to join its Internal Audit team in Los Angeles. The role focuses on conducting internal audits and SOX compliance testing, ensuring operational effectiveness and compliance. Candidates should have a Bachelor's degree in relevant fields and up to 2 years of experience.

Open Bank offers extensive employee benefits, including medical, dental, and vision insurance, a 401(k) plan with matching contributions, and paid time off.

Qualifications

• 0-2 years of related work experience in internal auditing or banking.
• Professional audit-related designation (CPA, CIA, CISA) preferred or actively pursued.
• Present a professional image in dealing with customers and representatives.

Responsibilities

• Perform internal audits and SOX compliance testing under guidance.
• Execute testing of key controls and document results in workpapers.
• Assist in preparing audit findings and reports.

Skills

Internal auditing

Risk analysis

Attention to detail

Education

Bachelor's degree in Business Management, Accounting, Finance, or Economics

Job description

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

Join our TEAM - Together Everyone Achieves More

Job Title: Staff Internal Auditor

Department: Internal Audit

Location: HQ Office (DTLA)

We are looking for a Staff Internal Auditor to join our Internal Audit team at Open Bank! The Staff Internal Auditor will be responsible for performing internal audits and SOX compliance testing under the guidance and supervision of the Audit Manager. This role primarily focuses on executing key control testing, thoroughly documenting audit workpapers, and assisting in the preparation of audit findings and reports to ensure compliance, operational effectiveness, and the effectiveness of internal controls over financial reporting.

Key Responsibilities:

• Capable of successfully completing internal audits of lower risk levels and SOX Compliance testing under the supervision of the Audit Manager.
• Executes testing of key controls and performs assigned audit procedures in accordance with the established test plan. Documents the audit approach, results, and conclusions in a sufficient and precise manner within the workpapers, ensuring a reasonably prudent individual can clearly understand the work performed.
• Learns and stays current regarding assigned business areas, operational activities, and industry trends.
• Applies internal audit concepts, approaches, and methodologies regarding risk analysis.
• Performs risk analyses for specific internal audits of lower risk levels.
• Assists in determining major risks, related key controls, magnitude of the risks, and adequacy of the control environment.
• Assist in presenting conclusions on the adequacy of key internal controls.
• Assist in presenting results and conclusions of test-work both verbally and in written form.
• Assists in preparing proper, persuasive, and written audit findings to various levels of management with regard to specific risk exposures, SOX control deficiencies, or operational improvements, emphasizing risk rationales and root cause analysis.
• Assists in preparing proper and persuasive audit reports to all levels of management communicating risk management strengths and weaknesses.
• Some travel will be required.

Requirements/Qualifications:

• Bachelor's degree in related areas such as Business Management, Accounting, Finance, Economics.
• Professional, audit-related designation (CPA, CIA, CISA) preferred or actively pursued.
• 0-2 years of related work experience in internal auditing or banking, preferred.
• Present a professional image in dealing with customers, interdepartmental, and external representatives.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.