Vice President

Amalgamated Bank; New York (NY); Hybrid; USD 100,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Amalgamated Bank in New York, NY seeks an experienced Internal Auditor to plan, conduct, and document audits of banking operations. You will lead data analytics initiatives, prepare Audit Committee materials, and respond to regulatory requests with minimal supervision.

The role requires 3–5 years in financial services auditing, solid COSO/SOX knowledge, and strong communication and analytical skills. Hybrid work model applies, with confidential handling of sensitive information.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Knowledge of auditing principles, practices and compliance standards.
• Strong verbal and written communication skills.
• Strong analytical skills and data analytics capability.
• Interpersonal and relationship building skills.
• Knowledge of COSO 2013 framework and SOX.
• Knowledge of data analytics techniques and statistics.
• 3-5 years of financial services experience auditing banks.
• CPA / CIA / CRCM / CTFA / CFIRS / CBA / CFSA / CCBIA preferred.

Responsibilities

• Develops risk assessments and contributes to audit planning.
• Obtains understanding of processes and identifies risks and controls.
• Develops risk and controls matrices and audit programs with minimal supervision.
• Performs compliance and substantive testing for regulators and SOX.
• Ensures audit documentation is accurate, complete, and within budget.
• Prepares audit report drafts and written communications.
• Advises on data analytics to enhance audit efficiency.
• Maintains confidentiality and professional conduct.

Skills

Auditing principles

Verbal & written communication

Analytical skills

Data analytics

Interpersonal skills

COSO 2013 knowledge

SOX knowledge

Bank operations understanding

Confidentiality

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Access

Microsoft Word

Microsoft Excel

Core banking system

SQL queries

Job description

Purpose Of Position

Responsible for performing audit assignments including planning, conducting interviews, documenting, and testing all necessary information for an accurate assessment of risks and internal controls and assisting in drafting of the audit report with minimal oversight. Lead team liaison in data analytics, preparation of Audit Committee materials, and regulatory requests.

Purpose Of Position

Responsible for performing audit assignments including planning, conducting interviews, documenting, and testing all necessary information for an accurate assessment of risks and internal controls and assisting in drafting of the audit report with minimal oversight. Lead team liaison in data analytics, preparation of Audit Committee materials, and regulatory requests.

Essential Job Functions

• Applies knowledge of Bank operations to develop and maintain risk assessments and contributes results to the audit planning process.
• Obtains and records an understanding of the Bank’s processes and identifies and evaluates risks and the internal controls that mitigate the risks in all assigned operational processes.
• Develops risk and controls matrices and/or audit programs with minimal supervision.
• Performs assigned compliance and substantive testing procedures for audits, for assistance to regulators and external auditors, and for compliance with the Sarbanes-Oxley Act.
• Ensures audit assignments are appropriately documented, accurate, complete, and within budget.
• Prepares audit report drafts and other written communications with minimal supervision.
• Resolves requests and review notes promptly.
• Obtains data and prepares quarterly Audit Committee materials with minimal supervision.
• Advises the Internal Audit team on the use of data analytics techniques to enhance overall efficiency and effectiveness of audits.
• Maintains effective relationships within the team, the department and the Bank.
• Provides timely communication to Internal Audit Management and informs them of significant issues that surface while conducting audits.
• Maintains continuing education requirements.
• Maintains appropriate levels of confidentiality.
• Perform other duties as directed.

Knowledge, Skills And Experience Requirements

• Bachelor’s degree in Accounting or Finance
• Solid knowledge of auditing principles, practices and compliance standards
• Strong verbal and written communication skills
• Strong analytical skills
• Strong data analytics
• Interpersonal and relationship building skills
• Knowledge of IIA Standards.
• Knowledge of the Sarbanes-Oxley Act of 2002.
• Knowledge of data analytics techniques and statistical applications.
• 3-5 years of financial services experience, internal or external auditing or public accounting experience with a focus on banks
• Good understanding of COSO 2013 framework requirements
• One or more of the following licenses or accreditations or progress toward achievement is preferred:
• Certified Public Accountant (CPA)
• Certified Internal Auditor (CIA)
• Certified Regulatory Compliance Manager (CRCM)
• Certified Trust & Financial Advisor (CTFA)
• Certified Fiduciary & Investment Risk Specialist (CFIRS)
• Certified Bank Auditor (CBA)
• Certified Financial Services Auditor (CFSA)
• Certified Community Bank Internal Auditor (CCBIA)
• Ability to positively interface and work well with all levels of staff and management (auditees and own department)
• High level of understanding of audit theory and knowledge of bank operations
• Working knowledge of relevant computer programs, i.e. Microsoft Access, Word, Excel, core banking system and query
• Ability to handle bank and client information and sensitive matters professionally and confidentially
• Ability to manage multiple tasks and prioritize

Our job titles may span more than one career level. The starting base salary for this role is between $100,000.00 – $120,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affiahative Action Employer, Minorities / Females / Individuals with Disability / Veterans . AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement . Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

Hybrid Work Model

Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.