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CBB Bank - Commonwealth Business Bank · 5 days ago

SVP Internal Audit Manager

Los Angeles, CA

Full-time

Onsite

Mid, Senior Level

$160K/yr - $200K/yr

5+ years exp

CBB Bank - Commonwealth Business Bank is seeking a Senior Vice President Internal Audit Manager to oversee the quality and effectiveness of the bank's internal controls. The role involves developing audit plans, reporting findings, and managing audit staff to ensure compliance with regulations and effective risk management.

BankingCommercial LendingFinancial Services

No H1B

Responsibilities

Develop and maintain a statement of purpose, authority, and responsibility for the Internal Audit Department

Develop an Annual Audit Plan based upon a risk assessment of the organization

Update the entity level Risk Assessment used to create the Annual Audit Plan

Identify, evaluate, and recommend third party audit consultants to perform audit projects

Oversee the Execution of the Annual Audit Plan and ensure it is in accordance with audit programs, as appropriate, to ensure adequate internal controls exist and are operating effectively; policies, procedures, laws, and regulations are adhered to; and audit assignments are completed timely

Report findings and recommendations to the Audit Committee and/or senior management’s attention and end ensure corrective actions are completed timely

Monitor and report on the progress in resolving audit findings to the Audit Committee

Coordinate with third-party internal auditors & government regulators

Comply with professional standards of conduct

Maintain technical competence through continuing education

Comply with the Bank Secrecy Act and Anti-Money laundering regulations as well as all bank policies and procedures

Comply fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti Money Laundering, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.). Complete all required training

Manage Internal Audit staff by providing timely performance feedback and completing the formal Year End Performance Evaluation

Qualification

GAAPFASBBanking regulationsCPAMS OutlookMS OfficeInterpersonal skillsOrganizational skillsCommunication skills

Required

Full-time on-site office setting in Los Angeles, CA

Develop and maintain a statement of purpose, authority, and responsibility for the Internal Audit Department

Develop an Annual Audit Plan based upon a risk assessment of the organization

Update the entity level Risk Assessment used to create the Annual Audit Plan

Identify, evaluate, and recommend third party audit consultants to perform audit projects

Report findings and recommendations to the Audit Committee and/or senior management's attention and end ensure corrective actions are completed timely

Monitor and report on the progress in resolving audit findings to the Audit Committee

Coordinate with third-party internal auditors & government regulators

Comply with professional standards of conduct

Maintain technical competence through continuing education

Comply with the Bank Secrecy Act and Anti-Money laundering regulations as well as all bank policies and procedures

Manage Internal Audit staff by providing timely performance feedback and completing the formal Year End Performance Evaluation

Working knowledge of GAAP, FASB, Federal and State regulations

Must have good interpersonal and communication skills

Must have good organizational skills

Working knowledge of MS Outlook and MS Office

Minimum of 5-10 years of financial or operational auditing experience within Banking or Financial Services industries

Bachelor's Degree in Accounting, Finance or Business Administration or related fields