Senior Auditor 2
29 days ago
Seal Beach
Job Description Job Summary The Senior Auditor 2 supports the Audit Manager/Senior Manager in the completion of the annual audit plan by planning and conducting internal audit projects, performing auditor in-charge responsibilities, and conforming to the Internal Audit Charter and Standards. Essential Duties • Plan, execute, and report on results of assigned audits, including the following:, • Develop and/or update audit programs, checklists and/or guides., • Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations., • Prepare process narratives, flow charts and descriptions of internal controls., • Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors., • Compile and analyze audit issues identified in the audit., • Identify improvement opportunities and develop recommendations for corrective/improvement action plans., • Review work of assigned auditors., • Prepare audit reports., • Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues., • Effectively perform auditor in-charge responsibilities (i.e., planning, work paper documentation, report preparation, etc.)., • Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources., • Assist with various operations level work efforts including integrated audits and the annual risk assessment update., • Assist with the quarterly continuous monitoring and quarterly/and annual risk assessment update., • As directed by the Audit Manager/Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations., • Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines., • Maintain a professional development plan to continually enhance audit skills and to meet annual training requirements. Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned. Non-Essential Duties • Be familiar with Bank’s practices, policies, and culture., • Perform other duties as assigned., • Working knowledge of IT processes and principles preferred. Required Knowledge • Sound judgment, integrity and commitment to ethical behavior., • Ability to maintain confidentiality and treat sensitive information with discretion., • Excellent interpersonal and communication skills., • Understanding internal auditing standards, COSO, and risk assessment practices, audit principles, and awareness of Global Internal Audit Standards., • Compliance related experience and/or ability to understand regulatory agency requirements., • Proficiency with MS Office products., • Strong analytical skills and attention to detail., • Ability to work independently, with limited direction and guidance., • Detail oriented, accurate, and organized., • Strong time management skills., • Ability to provide periodic feedback to staff auditors., • Knowledge of risk management principles and practices in banks., • Ability to work independently, with limited direction and guidance., • Ability to effectively manage multiple projects simultaneously., • Flexible and able to adapt quickly to changing work environments, priorities and tight deadlines. Equipment Operated • Desktop/laptop Computers, • Standard Office Equipment Physical Requirements & Work Environment • Requires sitting for prolong periods of time., • Requires lifting up to 10 pounds., • Hybrid work schedule available., • Office setting w/controlled temperature., • Requires periodic travel to local offices/branch locations. Education and Experience • Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or other related certification highly preferred., • BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, Information Systems or Economics or equivalent work experience required., • Five or more years of financial service industry experience required in: internal audit, public accounting, risk management, regulatory agency or related experience., • Large/Regional banking experience is strongly preferred., • Experience with audit software is preferred., • Supervisory experience preferred., • Experience in data analytics preferred., • Work experience with IT Audit knowledge preferred., • Working knowledge of AuditBoard, Jack Henry (Silverlake/Xperience), COGNOS a plus. Finance & Operations Essential Duties • Finance & Operations internal audits include Accounting Operations, Accounting for Credit Loss (ACL), Asset Liability Management (IRR & Liquidity), Investments, back office operational departments (ACH, ATM, online banking, wires, Human Resources, back-office operations, etc.), the annual FDICIA testing requirement, as well as branch audits., • Maintain appropriate knowledge of financial operations, including ACL, Treasury Management, and financial reporting. Education & Experience • Chartered Financial Analyst (CFA), Certified Risk Management Assurance (CRMA) preferred. This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management. Farmers and Merchants Bank of Long Beach reserve the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment. September 18, 2025