Internal Audit Manager

95670 Placerville, California Bank of Marin Bancorp

Posted 23 days ago

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Job Description

Bank of Marin, voted by our employees as one of the "Best Places to Work" in the North Bay Business Journal, is seeking an Internal Audit Manager to join our Audit, Compliance & Risk team.

The Internal Audit Manager is responsible for the internal audit function to ensure the Company maintains a strong internal control environment and complies with laws, regulations, and internal policies and procedures. The individual must have the desire to be part of a team, develop business relationships, and commit to excellence, effort, and engagement.

Essential Job Functions:
  • Develops and implements a risk-based internal audit strategy for the Company in accordance with banking industry and IIA standards, utilizing automation and innovative methods.
  • Works with management and external consultants on the completion of the annual enterprise risk assessment and audit plan/schedule.
  • Identifies relevant control weaknesses and provide recommendations for remediation and resolution.
  • Coordinates and oversees all financial, operational and compliance audits of branches and departments (including outsourced audits) and ensures that they are executed timely and adhere to audit quality standards, policies, and procedures.
  • Creates, evaluates, updates audit programs and performs/oversees the audits for the areas reviewed in-house.
  • Prepares and/or reviews the accuracy and completeness of audit reports, provides input, and shares results and recommendations with management and business process owners.
  • Functions as a liaison between external auditors and consultants and coordinates the audit of internal control over financial reporting under the Sarbanes-Oxley Act (SOX) in accordance with the COSO Internal Control Integrated Framework and FDICIA.
  • Responsible for the development and maintenance of audit-related policies, procedures, technologies, and quality assurance programs.
  • Provides regular reports and metrics to management and the Audit Committee of the Board of Directors on the status of the internal audit and SOX programs, findings, and recommendations. Monitors and keeps management informed of the status and corrective actions for all audit-related findings and recommendations.
  • Provides management with guidance on internal controls, risk management practices, and other areas when requested.
  • Supervises, coaches, and trains internal audit staff within the department.
  • Other duties that may be assigned.

Professional Experience:
  • Minimum of 8 years of internal audit and 5 years supervisory experience in the banking or equivalent industry.

Educational Experience:
  • Bachelor's degree (B.A.) from four-year college or university; or equivalent combination of experience and/or training.
  • Certified Public Accountant (CPA) and/or Certified Internal Auditor (CIA) designation or equivalent.

Job Skill Level / Additional Requirements:
  • Strong leadership and supervisorial skills with ability to recognize, coach and develop skills in others.
  • Strong understanding of COSO framework and IIA standards and is proficient in the application of internal auditing theory, standards, procedures, and techniques.
  • Knowledge of business processes, products, technologies, and compliance-related regulations to effectively audit and continuously improve the control environment.
  • Experienced in the use of governance, risk and compliance (GRC) and audit solutions, software, tools, and techniques to implement and monitor the enterprise wide internal audit and SOX programs.
  • Sound organizational, analytical, written and verbal communication skills.
  • Ability to manage several projects concurrently and quickly adapt to change.
  • Knowledgeable about bank information systems auditing is desirable.

The hiring pay range for this position is $146,730 to $219,144. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

The Bank of Marin is a growing public company with career advancement opportunities. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, a retirement savings plan with employer matching opportunity, bank paid employee stock ownership plan, tuition reimbursement, employee volunteer program and more. Additional details about total compensation and benefits will be provided during the hiring process.

Bank of Marin is an equal opportunity employer. EOE AA M/F/Vet/Disability
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