Job Title: Internal Auditor

Reports to: Director of Internal Audit

FLSA Status: Exempt (salary)

Statement of Hire:

At Signature Bank of Arkansas, we are committed to delivering memorable service beyond the customer’s expectation, both externally and internally. We consistently demonstrate our values through teamwork, open communication, integrity, honesty and respect for others. A successful Team Member will possess these qualities and be enthusiastic, professional and of high ethics. They will embrace our Mission, Vision and Values and actively contribute to our success.

Job Summary:

This position is responsible for assisting in administering the internal audit function of the Bank, as well as ensuring compliance with the FDICIA requirements for the bank. This position will report directly to the Director of Internal Audit (DIA).

Essential Duties, Responsibilities & Expectations:

• Enterprise Risk Management: Assist with the implementation of the Nrisk system.
• Administrative Support: Provide assistance to the DIA, including scheduling meetings, managing calendars, and organizing documentation.
• Audit Documentation: Maintain and organize audit files, records, and documentation for compliance and easy access.
• Report Preparation: Draft and format audit reports to ensure clarity and professionalism.
• Communication: Serve as a point of contact for internal audit inquiries and facilitate communication between auditors and other departments.
• Audit Coordination: Help coordinate and schedule audit engagements, ensuring effective resource allocation.
• Recommendation Monitoring: Monitor the status of audit recommendations and follow-up actions, maintaining records of progress.
• Software Support: Support the use of audit management software, ensuring accurate data entry and maintenance.
• Research: Conduct research on best practices, regulations, and industry trends to support the internal audit function.
• Internal Control Collaboration: Work with internal control owners to ensure corrective action plans are in place and address identified gaps.
• Liaison Role: Act as the liaison between the bank, internal auditors, external auditors, and examiners, facilitating documentation gathering and minimizing audit support impact.
• Finding Resolution: Communicate and reach agreements on findings with audited subjects, initiate remedial actions, and monitor remediation progress.
• Information Provision: Under DIA supervision, provide relevant information such as findings and recommendations to Bank management.
• Respectful Interaction: Show respect for bank management when working to remediate findings.
• Ad Hoc Assignments: Carry out ad hoc assignments based on DIA requests.
• Meeting Preparation: Assist with preparation for quarterly audit committee meetings.
• Discretion: Maintain discretion in all audit-related activities.
• Customer Service: Exhibit urgency in providing excellent customer service and communication.
• Policy Compliance: Comply with all department and company policies and procedures.

Supervisory Responsibilities:

Currently, there are no direct reports, but this will change as audit program is developed and needed resources are identified.

Compliance:

All Team Members are accountable for compliance with all laws, regulations and adherence to established internal controls and procedures when performing their job duties. Each Team Member is expected to be familiar with the legal and regulatory requirements and internal controls affecting his or her job responsibilities. It is the affirmative duty of each Team Member to carry out these responsibilities at all times in a manner that complies with all applicable legal and regulatory requirements and internal controls. All Team Members shall be responsible for communicating upward, problems in operations, non-compliance with the code of conduct, or other policy violations or illegal actions. Team Members must participate in required training on pertinent compliance laws and regulations as required by Signature Bank of Arkansas.

All Team Members will be committed to maintaining a high level of compliance with the Bank Secrecy Act and Anti Money Laundering, USA PATRIOT Act and Financial Recordkeeping regulations recognizing that all three acts are important tools in federal efforts to combat organized crime, terrorism and drug trafficking.

Education / Experience:

• College degree in accounting or finance or related field is preferred

• 5+ years of banking experience auditing banks is preferred

Skills / Knowledge / Abilities:

• Ability to effectively communicate courteously and professionally in English (both written and oral) before groups of customers, team members, and management of the Bank
• Strong working knowledge of US GAAP, PCAOB Audit standards and requirements, COSO internal control framework, and other regulatory requirements
• Proven experience leading successful teams
• Experience in coordinating with external audits and auditors

• Strong computer skills and ability to utilize all necessary software applications including Microsoft Office
• Solid mathematical and financial skills
• Intermediate to advanced Excel user
• Strong listening and organizational skills with the ability to effectively handle multiple tasks simultaneously
• Strong management ability with excellent planning capability
• Good interpersonal communication skills with ability to effectively influence to meet position objectives
• Sound reasoning and judgment skills
• Must be self-motivated and work well in a team environment

Working Conditions / Environment / Potential Hazards:

• General office environment

• May be necessary to work extended hours
• Periodic travel
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Physical Requirements:

• Able to sit or stand for an extended period of time
• Able to lift up to 20 pounds
• Use of fine motor skills