Internal Audit Liaison/Compliance Assistant at First… · Upper…

Description

Purpose:

The role of the Internal Audit Liaison/Compliance Assistant is to serve as the point-of-contact and coordinator for the Bank’s outsourced internal audit function and to assist compliance personnel in developing, implementing, and administering the Bank’s compliance program. This individual will also serve as support to management in the areas of internal controls, procedures, fraud, audit and compliance.

Essential Functions:

1. Coordinates with the out-sourced internal audit function and serves as point-of-contact regarding the overall internal audit process, including the routing of management’s responses. Assist compliance personnel in preparing for external audits and regulatory examinations.
2. Facilitates communication between outsourced audit staff, Bank management and the Audit Committee to ensure a positive relationship.
3. Serves as a resource to Bank staff in development and implementation of procedures, processes and controls to mitigate operational weaknesses and risks.
4. Monitors and reports the implementation status of audit findings and recommendations to ensure timely resolution.
5. Attends all audit-related meetings including, but not limited to, annual planning meetings, relevant conferences, status update meetings, end-of-field work meetings, and Audit Committee meetings. Assists with responses to draft audit findings, recommendation and reports.
6. Assists management in identifying options for incorporating control and monitoring processes to fully address the audit recommendations and mitigate risks identified.
7. Performs the less complex operational and branch audits within the Bank. Responsible to prepare reports for these audits identifying control, procedure, or operational weaknesses. Recommends changes to improve or mitigate the noted weaknesses to management and the Audit Committee.
8. Maintains adequate training and promotes proficiency in the areas of their audit responsibilities. Assist in development of the Bank’s compliance training program and monitoring completion of staff training within required timeframes.
9. Has/obtains a working knowledge of the loan, deposit, and operational regulations impacting the Bank by working with compliance personnel and Risk Officer and through use of other various available resources.
10. Has/obtains familiarity with Bank’s policies and procedures impacting the compliance area.
11. Works under the direction of compliance personnel and Chief Risk Officer in monitoring the Bank’s compliance with laws, regulations, and Bank policies.
12. Assists in building a positive risk and compliance awareness culture within the Bank and serves as a resource for Bank staff and assists in responding to staff compliance questions.
13. Serves as a member of the Bank’s Compliance Committee.

Requirements

Other:

1. Note this job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required for this job. Duties, responsibilities and activities may change at any time with, or without, notice.

Requirements: Bachelors or Associates Degree or non-degree related experience; minimum of 2-years banking experience with a willingness to learn regulatory topics, concept, practices and procedures related to the Banking industry; willingness to complete periodic internal and external training on compliance/audit topics; strong attention to detail, verbal, and written communication skills; loan experience is a plus.

Wages are commensurate with experience and a complete benefits package is provided including educational reimbursement with First Citizens paying 100% of tuition for full time employees; student loan debt repayment; paid time off; 401(k); health, dental, vision insurance; and more. 

This job description does not list all the duties of the job. This job description may be revised at any time. This job description is not to be implied as a contract for employment for any length of time and will not change the employee’s at-will relationship. Either the employer or the employee may terminate employment at any time.   Equal Opportunity Employer D/V. First Citizens is an at-will company.