Internal Audit Manager

Hybrid work may be considered dependent upon work experience and qualifications.

The First National Bank of Bastrop is proud to be named a Best Place for Working Parents®. We offer an opportunity to work with a financial institution that prides itself on excellent customer service and a competitive compensation and benefits package that includes:

• Employer paid benefits:
  • Paid time off
  • Paid parental leave
  • Paid volunteer time
  • Employee Stock Ownership Plan with 401(k) Provisions (KSOP) with match
  • Up to $800 match on Health Savings Account (qualifying medical plan required)
  • Life/AD&D/LTD insurance
  • Tuition reimbursement
• Optional benefits:
  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Supplemental coverages
    • Short term disability
    • Cancer
    • Critical Illness
    • Accident
  • Medical Spending Accounts
    • Flexible Spending Account (FSA)
    • Health Savings Account (HSA)
    • Dependent Care FSA

Description

The Internal Audit Manager will play a crucial role in ensuring the integrity and efficiency of the financial institution. Through collaboration with the Chief Risk Officer, the Internal Audit Manager determines the extent and timing of audit programs and objectives. Responsible for the timely execution of entry to midlevel complex risk-based audits in accordance with the annual audit plan. Act as the liaison for outsourced audits in complex or higher-risk areas. Make recommendations for improving internal controls. Prepare and report audit results to the Audit Committee. Provide management with a review of accounting, financial, information systems, and other operations by measuring and evaluating the effectiveness of accounting and management controls.

Essential Functions:

• Conduct risk assessments of the individual business areas and identify controls in place to mitigate identified risks. Collaborate with the Chief Risk Officer to develop an Annual Risk Assessment for internal audit planning and scheduling. Define audit scope and objectives for audit. Develop testing plans relevant to risk, and test objectives and perform audit procedures to verify that controls are operational.
• Execute and document audit work including design and operating effectiveness testing. Provide opinion on areas audited as to personnel performance, reliability of accounting and effectiveness of internal controls.
• Act as Audit Liaison for outsourced internal audits (complex and/or higher risk areas); responsible for overall success of outsourced audit project.
• Collaborate with various departments to ensure the implementation of corrective actions and improvements based on audit findings. This includes validating factual accuracy of findings, clearly articulating and dimensioning issues, and working with management to ensure proposed action plans address the root cause of issues.
• Identify and document financial statement exposures, internal control deficiencies and operational inefficiencies and/or opportunities for improvement. Serve as the audit liaison between the Audit Committee and the organization. Responsible for implementation of the Board-approved Audit Policy. Perform other internal control monitoring or testing as necessary.

Bank Secrecy Act Duties:

• In the performance of respective tasks and duties, this position will maintain knowledge of Bank Secrecy Act regulations and all other regulatory, security, and Bank policies and procedures.

Company Conformance:

• In compliance with all applicable regulations and Bank policies, the employee is expected to successfully produce quality work within deadlines, with or without supervision; interact professionally with other employees, customers, and vendors, while always respecting the need for confidentiality of customer information.
• The employee will work effectively as a team contributor on all assignments; and work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.
• Furthermore, the employee is encouraged to actively represent the Bank to customers and the general public, promoting the integrity, validity, and mission of the Bank, and developing favorable relationships and lending opportunities; participate in community organizations, events, and activities.
• The employee is also expected to maintain a commitment to continuing education in the banking field through self-study and both in-house and outside training opportunities in all applicable banking policies, procedures, and regulations.
• Regular and punctual attendance is expected and appropriate attire is required at all times, while either performing job functions or representing the Bank at outside events and activities.

Minimum Qualifications:

• Bachelor's Degree in Accounting, Finance, or related business area.
• Five years of previous audit experience, with knowledge in banking or related financial operations.
• Demonstrated hands-on experience in establishing and performing internal audit functions as well as a demonstrable knowledge of sound internal control environments pertaining to financial institutions.
• Familiarity with FDICIA implementation for financial institutions over $1 Billion.

Preferred Qualifications:

• CPA or CIA certification preferred.

Must also have the following demonstrated knowledge, skills, and abilities:

• Knowledge of internal audit techniques, policies and procedures, and compliance auditing techniques.
• Demonstrated ability to analyze data and develop strategies to improve operations.
• Demonstrated ability to perform in computer intensive environments, comprehend the interaction of electronic system interfaces, and possess intermediate-level skills to retrieve and convert electronic data into a format useful in other productive operations.