Remote - Audit Associate

SUMMARY: An Audit Associate is responsible for completing tasks assigned by supervisory personnel. As a core member of the audit team, the Audit Associate develops an understanding of basic business processes and builds technical skills in general risk areas. The Audit Associate spends a majority of time conducting interviews, compiling and analyzing data, and documenting findings. Through interaction with audit customers and audit team personnel, the Audit Associate develops professional relationships that contribute to exceptional client service. The successful Audit Associate learns effective time and task management, takes ownership of assignments and accepts responsibility for team results.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

• Perform operational, financial, compliance, or information technology audits.
• Review and evaluate the effectiveness of internal controls.
• Review and evaluate compliance with corporate policies, procedures, and plans.
• Prepare work papers to adequately document audit work performed and to support conclusions reached.
• Apply control concepts and assess the exposures resulting from ineffective or missing control practices.
• Identify, and clearly define, audit issues and root causes, recommend improved internal controls and business processes and ensure that corrective action plans are developed and implemented.
• Apply analytical skills and knowledge of current auditing developments and standards to formulate appropriate solutions to problems.
• Assist Senior Auditors in execution of audit assignments and review activities.
• Support external auditors as assigned.
• Perform special projects and analyses of company operations as requested by management.
• Maintain or acquire sufficient knowledge of authoritative and regulatory pronouncements on accounting, auditing, banking regulations, or other fields as required to complete audit assignments.
• Performs all other job related functions as assigned.
• Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
• Adheres to Bank policies and procedures and completes required training.
• Identifies and reports suspicious activity.

EDUCATION

Bachelor's Degree in Accounting, Business Administration, IS/IT, or related field required

EXPERIENCE

• 1-3 Years of related experience required

CERTIFICATES, LICENSES, REGISTRATIONS

• In process of obtaining CIA, CPA, or CISA or other relevant certification required

KNOWLEDGE, SKILLS AND ABILITIES

• Working knowledge of MS Word, Excel, Visio and PowerPoint; ACL & MS Access a plus.
• Professional Competence and Industry Knowledge
  • Seeks to understand expectations of them on the project and takes steps to deliver on expectations.
  • Demonstrates a strong work ethic and takes initiative in solving problems and presenting solutions.
  • Seeks additional work when assigned work is complete.
  • Understands basic business processes and related risks, as well as other technical areas.
  • Comprehends the reasons for the tasks to be performed. * Learns IAD policies and methodologies.
  • Takes responsibility for the development of own skills.
  • Sets annual personal and professional goals and measures progress toward them.
  • Builds and maintains a habit of continuous learning.
  • Learns effective time management.
  • Analyzes specific feedback on performance and acts upon it.
  • Takes responsibility for personal training by attendance and active participation in training meetings.
  • Works toward obtaining appropriate professional or technical certifications.
• Customer Focus
  • Understands engagement protocol and expectations, and interacts appropriately with audit customer personnel.
  • Responds to customer requests in a timely manner.
  • Audit customer values contributions to engagement.
  • Develops written communication skills to ensure audience understanding.
  • Uses listening skills to build rapport and good working relationships with audit customers.
• Teamwork and Leadership
  • Cooperates with and values the efforts of other team members.
  • Models appropriate behavior to contribute to an effective team environment.
  • Interacts with others in a manner demonstrating knowledge of personnel policies and appropriate professional demeanor.
  • Facilitates teamwork by contributing to team effort, sharing responsibility for team results, and exhibiting a positive attitude.
  • Understands expectations on the engagement team.
  • Sets individual goals and prioritizes workload.
• Drives for Quality and Results
  • Develops good basis business skills and appropriate industry knowledge.
  • Seeks opportunities to be creative and innovative.
  • Learns about the audit customer's business processes.
  • Understands how to identify and evaluate control effectiveness.
  • Develops basic interviewing techniques that enable primary risk identification.
  • Utilizes 95% of time on assurance and advisory engagements.