Hybrid Senior Audit Manager

at Farmers & Merchants Bank of Long Beach

• Job title: Senior Audit Manager
• Job type: Full Time
• Experience level: Senior
• Salary: $123,760 - $211,120 per year
• Degree requirement: Bachelor's Degree
• Tech skills: Cognos
• Location requirements: Hybrid, Seal Beach, United States

About the role

• Senior Audit Manager responsible for audits and compliance in financial services. Leading internal evaluations and managing multiple audit projects while collaborating with executive management.

Responsibilities

• The Senior Audit Manager has full ownership, accountability, and responsibility for the audit universe of their assigned areas.
• Supports the Chief Audit Executive (CAE) in the completion of the risk assessment and annual audit plan by planning and conducting internal audits.
• Reviews and supervises work of staff auditors/co-source, and conforms to the Internal Audit Charter and Standards.
• Assists the CAE with Audit Committee reporting as well as various work efforts such as annual FDICIA control testing, quarterly continuous monitoring, regulatory issue validation, and audit issue tracking management.
• Effectively manage and execute multiple audits/projects simultaneously.
• Responsible for annual audit planning process, including quarterly risk assessment.
• Ensure the overall quality, consistency, risk management and adherence to the Internal Audit Charter and Standards, identifying opportunities for audit process improvements.
• Assign issue and/or report ratings and management action plan (as appropriate).
• Draft and finalize audit report with recommendations.
• Manage issue tracking, follow up, and validation of remediated issues.
• Responsible for resource allocation and audit team scheduling.
• Manage the co-source partnership as needed.
• Develop and maintain collaborative working relationships with management, learning and understanding the business to better provide value-added services, help management achieve objectives, and enhance customer satisfaction.
• Maintain a professional development plan to continually enhance technical, interpersonal and management skills.
• Manage special projects at the request of the CAE.
• Assist the Chief Audit Executive with periodic Audit Committee reporting.
• Ensure audit team maintains appropriate awareness of assigned audit universe.
• As directed by the CAE, assist external auditors and regulators in the execution of their audits/examinations.
• Maintain a professional development plan to develop technical, interpersonal and management skills.
• Keep up with development and changes in industry trends and regulatory environment to align the internal audit function.

Requirements

• BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, Information Systems or Economics or equivalent work experience required
• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or other related certification required
• Ten (10) or more years of financial service industry experience required in: internal audit, public accounting, risk management, regulatory agency or related experience
• Thorough knowledge of Global Internal Audit Standards, COSO and bank regulatory standards
• Supervisory experience required
• Large/Regional banking experience strongly preferred
• Previous “large firm” public accounting experience a plus
• Experience with audit software is preferred
• Experience in data analytics preferred
• Work experience with IT Audit knowledge preferred
• Working knowledge of AuditBoard, Jack Henry (Silverlake/Xperience), COGNOS a plus
• Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), Certified Risk Management Assurance (CRMA), or other compliance related certifications highly preferred
• Certified Risk Management Assurance (CRMA), Credit Risk Certification (CRC), Chartered Financial Analyst (CFA), Certified Third Party Risk Professional (CTPRP), Certified Third Party Risk Assessor (CTPRA), Certified Fraud Examiner (CFE), or other risk management related certifications highly preferred

Benefits

• Requires sitting for prolonged periods of time
• Requires lifting up to 10 pounds
• Hybrid work schedule available
• Office setting with controlled temperature
• Requires periodic travel to local offices/branch locations