Stock Yards Bank & Trust · 7 hours ago
Senior Internal Audit Officer
Louisville, KY
Full-time
Onsite
Mid, Senior Level
4+ years expStock Yards Bancorp, Inc. is the parent company of Stock Yards Bank & Trust Company, which operates in multiple regions including Kentucky and Indiana. The Senior Internal Audit Officer is responsible for planning and executing audits related to financial, operational, and regulatory compliance, ensuring that internal controls are effective and that the bank adheres to regulations.
Responsibilities
Completes internal audits of financial, operational and/or regulatory compliance areas of the Bank, including documenting findings and recommendations:
Evaluates the adequacy and effectiveness of internal controls and compliance with policies and procedures
Performs specific audit procedures and prepares workpapers supporting and concluding on audit procedures performed
Submits formal written audit reports describing audit findings, the risk/effect, and meaningful practical recommendations or corrective action steps
Reviews the design and tests the operating effectiveness of internal controls over financial reporting in accordance with the Sarbanes-Oxley Act
Assists external auditors with the annual financial audit
Assists with bank examinations as assigned
Conducts special projects and other duties as assigned
Attend relevant training (a minimum of 30 relevant CPE hours per year)
Qualification
Required
BA/BS degree in accounting or a related business field or equivalent work experience with bank auditing
4+ years of internal or external auditing experience
Ability to work independently in a fast-paced, deadline-driven environment
Ability to read and research FDIC or FFIEC regulations and manuals, develop audit work programs using research tools, and perform testing to ensure compliance with bank policies and procedures
Ability to multi-task and prioritize work to meet deadlines and time budgets
Ability to maintain discretion, independence and objectivity
Ability to build trust and develop positive working relationships with all levels of management and staff
Must have the ability to interview employees and ask questions to determine root causes of deficiencies in order to make meaningful recommendations
Strong planning, project management and organizational skills
Ability to take ownership of assigned audits and produce quality work and show initiative in staying abreast of new regulations or best practices
Strong analytical skills with the ability to summarize information, identify trends, reach conclusions, and make recommendations to reduce future deficiencies
Proficiency in application of internal auditing theory, standards, documentation, procedures and techniques
Extensive knowledge of bank policies and procedures
Knowledge of Sarbanes-Oxley Act section 404
Knowledge of various banking regulations
Knowledge of generally accepted accounting principles
At least moderate experience with MS Word and Excel
Preferred
Bank audit experience
Public accounting experience
Experience using paperless audit work papers
CPA, CIA, CRCM or other accounting / auditing / compliance certifications
A willingness to obtain a relevant certification within 12-24 months of employment
Benefits
401(K) with a company match of up to 6%
ESOP employer match
Medical insurance
Dental insurance
Vision insurance
Cancer/Disease insurance
Accident insurance
Flexible Spending Accounts
Flexible Savings Accounts
Health Savings Accounts
Bank paid Life/AD&D insurance
Voluntary Life/AD&D insurance
Bank paid Short-Term and Long-Term Disability insurance
Employee Stock Purchase Plan
Employee Assistance Program
Company
Stock Yards Bank & Trust
Stock Yards Bancorp, Inc., was incorporated in 1988 as a bank holding company.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
James "Ja" Hillebrand
CEO
Connie Grivois
Executive Assistant to the Chairman and CEO
Recent News
2023-11-21
Company data provided by crunchbase