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Stock Yards Bank & Trust · 2 days ago

Senior Internal Audit Officer

Louisville, KY

Full-time

Hybrid

Mid, Senior Level

4+ years exp

Stock Yards Bancorp, Inc. is a parent company of Stock Yards Bank & Trust Company, focusing on banking services. The Senior Internal Audit Officer is responsible for planning and executing audits of the Bank’s financial, operational, and regulatory compliance areas, ensuring effective internal controls and compliance with banking laws.

Banking

Senior Management

Responsibilities

Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures

Supports all functions that maintain compliance with regulatory agencies

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)

Occasional travel to branch locations and off-site training

Qualification

Internal auditingSarbanes-Oxley ActBank audit experienceCPA certificationAnalytical skillsProject managementDiscretionObjectivityQuality workResearch skillsInterviewing skillsRegulationsMS Word proficiencyMS Excel proficiencyInterpersonal communicationTeam playerFlexibilityTime managementRelationship building

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