Farmers & Merchants Bank of Long Beach · 1 day ago
Senior Auditor 2
Seal Beach, CA
Full-time
Hybrid
Senior Level
5+ years expFarmers & Merchants Bank of Long Beach is seeking a Senior Auditor 2 to support the Audit Manager/Senior Manager in completing the annual audit plan. The role involves planning and conducting internal audits, preparing reports, and ensuring compliance with regulations.
BankingFinancial ServicesLending
Responsibilities
Plan, execute, and report on results of assigned audits, including the following:
Develop and/or update audit programs, checklists and/or guides
Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations
Prepare process narratives, flow charts and descriptions of internal controls
Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors
Compile and analyze audit issues identified in the audit
Identify improvement opportunities and develop recommendations for corrective/improvement action plans
Review work of assigned auditors
Prepare audit reports
Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues
Effectively perform auditor in-charge responsibilities (i.e., planning, work paper documentation, report preparation, etc.)
Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources
Assist with various operations level work efforts including integrated audits and the annual risk assessment update
Assist with the quarterly continuous monitoring and quarterly/and annual risk assessment update
As directed by the Audit Manager/Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations
Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines
Maintain a professional development plan to continually enhance audit skills and to meet annual training requirements
Compliance internal audits include, but are not limited to Bank Secrecy Act, Fair Lending, Branch Operations Compliance, Lending Compliance (commercial and consumer), SAFE Act, HMDA, CRA, UDAAP, Regulation B, and Regulation E as well as Compliance Management System
Maintain appropriate knowledge of current and pending compliance laws and regulations
Be familiar with Bank’s practices, policies, and culture
Perform other duties as assigned
Qualification
Required
Plan, execute, and report on results of assigned audits, including the following:
Develop and/or update audit programs, checklists and/or guides
Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations
Prepare process narratives, flow charts and descriptions of internal controls
Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors
Compile and analyze audit issues identified in the audit
Identify improvement opportunities and develop recommendations for corrective/improvement action plans
Review work of assigned auditors
Prepare audit reports
Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues
Effectively perform auditor in-charge responsibilities (i.e., planning, work paper documentation, report preparation, etc.)
Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources
Assist with various operations level work efforts including integrated audits and the annual risk assessment update
Assist with the quarterly continuous monitoring and quarterly/and annual risk assessment update
As directed by the Audit Manager/Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations
Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines
Maintain a professional development plan to continually enhance audit skills and to meet annual training requirements
Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements
This position will elevate suspicious activity to supervisory staff and/or BSA department
Completes compliance and other technical training workshops as assigned
Sound judgment, integrity and commitment to ethical behavior
Ability to maintain confidentiality and treat sensitive information with discretion
Excellent interpersonal and communication skills
Understanding internal auditing standards, COSO, and risk assessment practices, audit principles, and awareness of Global Internal Audit Standards
Compliance related experience and/or ability to understand regulatory agency requirements
Proficiency with MS Office products
Strong analytical skills and attention to detail
Ability to work independently, with limited direction and guidance
Detail oriented, accurate, and organized
Strong time management skills
Ability to provide periodic feedback to staff auditors
Knowledge of risk management principles and practices in banks
Ability to effectively manage multiple projects simultaneously
Flexible and able to adapt quickly to changing work environments, priorities and tight deadlines
Requires sitting for prolong periods of time
Requires lifting up to 10 pounds
Hybrid work schedule available
Office setting w/controlled temperature
Requires periodic travel to local offices/branch locations
BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, Information Systems or Economics or equivalent work experience required
Five or more years of financial service industry experience required in: internal audit, public accounting, risk management, regulatory agency or related experience
Preferred
Certified Regulatory Compliance Manager (CRCM), Certified Anti-Money Laundering Specialist (CAMS), or Certified Risk Management Assurance (CRMA) preferred
Working knowledge of IT processes and principles preferred
Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or other related certification highly preferred
Large/Regional banking experience is strongly preferred
Experience with audit software is preferred
Supervisory experience preferred
Experience in data analytics preferred
Work experience with IT Audit knowledge preferred
Working knowledge of AuditBoard, Jack Henry (Silverlake/Xperience), COGNOS a plus
Benefits
Hybrid work schedule available.
Company
Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$200M2025-10-20Post Ipo Equity· $200M
1997-03-27IPO
Leadership Team
Melissa Lanfre
EVP and Chief Operating Officer
Kathleen Salmons
SVP/Chief Risk Officer
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