CBB Bank - Commonwealth Business Bank

SVP Internal Audit Manager

Posted: just now

Job Description

WORK ENVIRONMENTFull-time on-site office setting in Los Angeles, CAPOSITION OVERVIEWThis position will be responsible for reviewing the quality and effectiveness of the controls within the bank to manage and mitigate risk and protect the assets of the bank. In performing this work, the incumbent is expected to provide recommendations and advice to management and the Audit Committee of the Board of Directors.POSITION RESPONSIBILITIESDevelop and maintain a statement of purpose, authority, and responsibility for the Internal Audit DepartmentDevelop an Annual Audit Plan based upon a risk assessment of the organizationUpdate the entity level Risk Assessment used to create the Annual Audit PlanIdentify, evaluate, and recommend third party audit consultants to perform audit projectsOversee the Execution of the Annual Audit Plan and ensure it is in accordance with audit programs, as appropriate, to ensure adequate internal controls exist and are operating effectively; policies, procedures, laws, and regulations are adhered to; and audit assignments are completed timelyReport findings and recommendations to the Audit Committee and/or senior management’s attention and end ensure corrective actions are completed timelyMonitor and report on the progress in resolving audit findings to the Audit CommitteeCoordinate with third-party internal auditors & government regulatorsComply with professional standards of conductMaintain technical competence through continuing educationComply with the Bank Secrecy Act and Anti-Money laundering regulations as well as all bank policies and proceduresComply fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti Money Laundering, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.). Complete all required trainingManage Internal Audit staff by providing timely performance feedback and completing the formal Year End Performance EvaluationSKILLS / QUALIFICATIONSWorking knowledge of GAAP, FASB, Federal and State regulationsMust have good interpersonal and communication skillsMust have good organizational skillsWorking knowledge of MS Outlook and MS OfficeEDUCATION / EXPERIENCEMinimum of 5-10 years of financial or operational auditing experience within Banking or Financial Services industriesBachelor’s Degree in Accounting, Finance or Business Administration or related fieldsCPA is a plusREWARDS PACKAGEMedical InsuranceDental InsuranceVision InsuranceLife InsurancePaid Time Off401(k) with Matching ContributionsWe offer a competitive total rewards package, including but not limited to Medical, Dental, Vision, and Life Insurance, 401k retirement savings plan, and paid federal holidays, for this full-time position within the annual salary range of $160,000 - $200,000. Annual pay ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.Must be authorized to work in the US.We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law.

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