Apply on Employer Site

Cathay Bank · 2 weeks ago

AVP, Internal Audit Supervisor

El Monte, CA

Full-time

Onsite

Mid, Senior Level

$105K/yr - $145K/yr

5+ years exp

Cathay Bank is committed to fostering growth and development for its team members. The AVP, Internal Audit Supervisor will lead various audits within the organization, ensuring compliance with internal controls and regulatory requirements while guiding a team of auditors in their tasks.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Prepares high level flowcharts or control narratives, risk assessments, and audit programs for the audit area/function/department to determine the nature of the operations and the existence of sufficient internal controls used to achieve established objectives and minimize the risk exposure to the Bank

Reviews, verifies, and analyzes transactions, documents, records, and reports for accuracy, completeness, appropriateness, and compliance with laws, regulatory requirements, policies, and procedures

Continuously monitors external and internal sources for updates to the Bank’s requirements and emerging risk topics, then amends audit work programs and documentation as appropriate

Evaluates the adequacy and effectiveness of internal control methods, policies, and procedures

Supports the Audit Manager with annual planning, issue validation, and regulatory compliance exams

Determines that duties are performed in accordance with company policies, operating procedures, other management instructions, and regulatory requirements

Determines that transactions are recorded promptly and accurately

Determines that assets are safeguarded adequately

Conducts interviews with appropriate Bank personnel to supplement assigned audit test

Prepares professional work papers including supporting documentation for each audit issue identified

When acting as Lead Auditor-in-Charge, performs the following additional duties:

Plans the audit including development of the risk assessment, high level process flows, internal control documentation, and the audit program

Assigns segments of the program to assisting auditors

Provides guidance to assisting auditors to ensure they conduct themselves in a professional manner

Oversees staff assignments to ensure completion within established time budgets

Immediately informs the Chief Audit Executive and/or Audit Manager of any conditions that may adversely impact the audit or the Bank’s safety and soundness

Reviews work papers prepared by assisting auditors for accuracy and completeness

Prepares Exit Grid with findings and recommendations for the review and approval of the Audit Manager and Chief Audit Executive

Presents audit findings to management in Exit meetings

Prepares draft audit reports for the review and approval of the Audit Manager and Chief Audit Executive

Performs follow up to determine the existence and adequacy of corrective actions taken by management in response to audit recommendations

Develops good working relationships with auditees and collaborates with auditees during the audit process

During the professional performance of their duties, is expected to:

Recommend revisions to audit programs resulting from changes in operating activities

Recommend the scope of audit testing and the resources needed, including the use of computer assisted auditing techniques (CAAT)

Performs fraud investigations as assigned

Provides on-the-job training to other internal audit team members as needed

Performs special projects as assigned by the Chief Audit Executive and/or Audit Manager

Maintains and enhances technical and professional competence through continuing education

Qualification

Certified Internal Auditor (CIA)Certified Public Accountant (CPA)Audit experienceInternal control theoryComputer assisted audit techniquesVerbalAnalytical skillsDiscretionProject management skillsWritten skillsTeam playerIntegrity

Required

BA/BS in accounting, business, finance, or related field

Hold or actively pursue certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Compliance Specialist (CAMS), Certified Fraud Examiner (CFE), and/or other internal audit related certifications

Minimum 5 years of audit experience leading audits in a public accounting or private industry internal audit function, including at least 2 years in a Bank or Financial Services industry and at least 3 years supervising audit teams

Strong verbal, written, and analytical skills with demonstrated ability to deal effectively with all levels of management to effect impactful control environment changes

Strong understanding of internal control theory and audit techniques, plus a good working knowledge of computer assisted audit techniques

Effective project management skills

Must be a team player

Work independently and in a team environment

Ability to make certain decisions in absence of management guidance

High level of integrity and discretion in handling confidential information

Ability to travel, including occasional overnight and overseas assignments

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

Flexible spending accounts (FSAs)

Health saving account (HSA) with company contributions

Voluntary coverages

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees

https://www.cathaybank.com/

H1B Sponsorship

Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)