SENIOR INTERNAL AUDITOR

Saint Lucia·Gros IsletPermanentsenior

Finance & AccountingInternal Auditor

0 views0 saves0 applied

Apply Now

Quick Summary

Overview

SUMMARY Under the direction of the Chief Internal Auditor is responsible for performing audits on the operations of the bank,

Technical Tools

Finance & AccountingInternal Auditor

SUMMARY

Under the direction of the Chief Internal Auditor is responsible for performing audits on the operations of the bank, providing value-added advice to increase the efficiency and effectiveness of bank procedures whilst evaluating the associated controls and safeguarding the bank’s assets.

CORE RESPONSIBILITIES

Assist the Managers in executing the Bank’s Audit plan, and take a lead role in the day-to-day execution of internal audits.
Design and execute operational audits to ensure adequacy and effectiveness of the internal control environment, compliance with Company policies and procedures, and identify opportunities for process improvements.
Design and execute IT Audits and identify opportunities for process improvements (the Department will invest in IT certification for the employee).
Contribute to the Internal Audit function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks to improve the effectiveness of risk management, control, and governance processes.
Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document inherent risks and controls within the business processes.
Accurately, test controls and procedures, using sampling criteria based on professional judgment, regulatory guidelines, laws, and departmentally defined internal audit methodology.
Test controls and procedures, using sampling criteria based on professional judgment and departmentally defined internal audit methodology.
Provide value-added advice and support to business partners on the creation or modification of policies, procedures, processes, products, or services to ensure an appropriate level of internal control and compliance is maintained.
Review policies, ECCB guidelines, and legislation, to advise on the gaps and risks associated, any deficiencies or issues in implementation.
Develop audit findings and realistic recommendations to improve/enhance the internal control environment.
Prepare accurate, logical, and detailed working papers clearly describing the work performed, test results, and conclusions reached.
Conduct and document Pre-audit meetings with Management.
Meet with Management post the audit to discuss the findings of the Audit report.
Assist in testing the effectiveness of the Company’s controls and work with management to ensure remediation is implemented for deficiencies identified.
Maintain an awareness of audit trends and “best practices”.

REQUIREMENTS

Bachelor’s degree in Business, Management, Accounting Finance or related field, or equivalent
Specific short-term training and or continuing educational units in relevant fields
Minimum of three years auditing experience including external auditing
Experience in using audit management tools/analytical software is a plus

DESIRED SKILLS

Knowledge of relevant legal, regulatory, and statutory requirements
Knowledge of the Bank’s products and services.
Knowledge of the Bank’s Strategy, policies, and procedures
Solid understanding of risk and control concepts.
Working knowledge of professional IIA performance standards with regard to planning, testing, sampling, and documentation.
Comprehensive and current knowledge of legislation applicable to banking i.e., Banking Act, ECCB requirements, FATCA
Good understanding of accounting principles and financial statements
Well-developed technical skills in Microsoft Word and Excel
Working knowledge of IPPF policies and procedures
Knowledge and understanding of risks and control concepts
Ability to interpret policies, statutory and prudential guidelines
Good communication (oral, written, report writing, and presentation) and interpersonal skills
Proficiency in MS Office, experience in using audit management tools/analytical software is plus.
Problem identification and solution skills
Ability to interpret policies, statutory and prudential guidelines
Good communication (oral, written, report writing, and presentation) and interpersonal skills
Problem identification and solution skills
Committed to continuing professional development
Ability to work with minimum supervision
Team player