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Audit Manager
Audit ManagerOld National Bank • St. Louis Park, MN, United States
Audit Manager

Audit Manager

Old National Bank • St. Louis Park, MN, United States
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Audit Manager

Job Locations

US-IN-Evansville | US-MN-St Louis Park | US-IL-Chicago | US-IN-Indianapolis

Category / Function

Accounting / Audit

Position Type

Regular Full-Time

Requisition ID

2024-15200

Workplace Type

On Site

Overview

Old National Bank has been serving clients and communities since 1834. With approximately $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Internal Audit's primary purpose is to assist the organization by identifying and evaluating significant exposures to risk and contributing to improvement of risk management and control systems which mitigate those exposures. The Senior Team Member will be expected to contribute to these objectives primarily by leading and participating in audit engagements. This will require working with operating management to understand the products, services, and processes applicable to each line of business and to understand the control environment in which the line of business operates. Using this information, the Senior Team Member will apply their knowledge of banking laws and regulations to develop a risk-based audit plan and oversee its completion in accordance with department performance standards. The audit process will require creation of detailed work papers, communication of findings to business management, and preparation of a written audit report that effectively highlights the reportable issues. The Senior Team Member will also work closely with other members of the audit department and will assist with regulatory matters that may arise in other audit engagements. The ideal candidate will be detail oriented and possess a strong understanding of internal audit concepts, excellent written and verbal communication skills, and a comprehensive knowledge of federal banking laws and regulations, with a particular focus on consumer protection requirements.

Salary Range

The salary range for this position is $81,700 - $165,100 per year. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Key Accountabilities

Planning and Completion of Audit Projects

Serves as a subject matter expert with advanced organizational and regulatory knowledge and auditing skills.

  • Serves as in-charge for regulatory audits within the team member's area of experience and expertise.
  • Prepares work plans including documents such as the planning memos, risk control assessments, and creation of audit program steps.
  • Oversees testing associated with the field work phase of the audit and ensures workpapers satisfy audit program steps and support the results of field work. Prepares audit reports, including audit findings and recommendations for improvement. In addition, reviews corrective actions taken by management to determine if audit findings have been effectively remediated.

Special Projects

  • Participate in special projects as requested by management. Examples include annual risk assessments, assisting external auditors and examiners or participating on selected committees.
  • Key Competencies for Position

    Execution Leadership

    Establish Plans & Priorities :

  • Determines a course of action and establishes a timeframe to complete individual objectives and team goals.
  • Problem Solving :

  • Identifies the root cause of identified issues by consulting with line of business personnel and subject matter experts. Demonstrates strong analytical and technical skills while working towards the ability to manage complex tasks.
  • Drive and Execution :

  • Self-motivated and takes initiative; proactively learns new skills and develops self for current performance and future growth; demonstrates a desire to learn and actively seeks ways to improve current methods, systems, processes, and procedures.
  • Qualifications and Education Requirements

  • Bachelor's Degree in Accounting, Finance, or business-related field.
  • Five years or more of audit or relevant banking or consulting experience.
  • Knowledge of federal banking laws and regulations with an emphasis on consumer protection requirements such as ECOA, EFTA, HMDA, RESPA, TILA and similar requirements.
  • Strong communication and collaboration skills.
  • Ability to work within strict deadlines.
  • Compliance designation such as Certified Regulatory Compliance Manager (CRCM) is a plus.
  • Knowledge of the Bank Secrecy Act (BSA) and anti-money laundering (AML) laws and regulations is also a plus, as is a Certified Anti-Money Laundering Specialist (CAMS) designation.
  • Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

    As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

    We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

    Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

    We are Old National Bank.

    Join our team!

    Need help finding the right job?

    We can recommend jobs specifically for you! Click here to get started.

    If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)

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    Audit Manager • St. Louis Park, MN, United States

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