Job Description

Overview:

This position oversees an assigned portion of the audit plan and provides strategic insight into the Bank\'s business practices. Identifies and accomplishes strategic initiatives that support department and organization goals. Manages all aspects of assigned audit projects. Directs a team of associates who assess business unit and corporate risk, and recommends high leverage action to reduce identified risks. Responsibilities:

• Project Management - Leads assigned business unit audits to meet their assigned portion of the annual audit plan. Determines appropriate scope, makes strategic decisions, and ensures there is sufficient evidence to successfully audit the internal control system. Conducts special projects and performs other duties as related.
• Managerial Functions - Provides oversight of team, ensuring compliance with financial laws, rules, and regulations including Sarbanes-Oxley. Manages the recruitment, training, and evaluation of assigned staff. Provides audit and professional development to enhance performance.
• Risk Mitigation - Facilitates the investigation and management of key interdependencies that impact risk. Monitors risk assessment strategies, goals, and processes to ensure maximum coverage of the Bank. Communicates with appropriate parties on the resolution of identified issues, and assists with the annual risk assessment.
• Business Strategy - Analyzes business processes to identify efficiencies, key objectives, and optimal level of control and risks. Maintains current knowledge of developments in the banking industry to keep staff informed of practices and regulations affecting internal auditing.
• Relationship Development - Maintains influential relationships with management, external auditors, and regulators. Serves on committees and liaises with key parties to represent Internal Audit.

Qualifications:
Bachelor\'s Degree and 8 years of experience in Bank internal auditing or public accounting, and management OR High School Diploma or GED and 12 years of experience in Bank internal auditing or public accounting, and management
License or Certification Type: Designation as a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA) Required
Skill(s): Knowledge of internal and external laws, policies, and procedures regulating Internal Audit actions, Knowledge of Generally Accepted Accounting Principles (GAAP), SEC Rules, and SOX Act

First Citizens Bank