Job Description

Overview:

This position supports Bank subsidiaries by testing the design and effectiveness of the internal control system. Documents and evaluates internal controls, ensures compliance with regulatory requirements including Sarbanes-Oxley, and identifies business risks. Develops procedures that improve system efficiency and mitigate risk. Assists in the supervision and review of audit activities, including advanced reporting and participation in projects as needed. Responsibilities:

• Audit - Executes audit procedures, performs advanced analysis, uses appropriate general and audit-specific technology, and provides sufficient evidence to conclude on the adequacy and effectiveness of the internal control system. Ensures compliance with applicable laws, regulations, policies, and procedures. Verifies the reasonableness of financial data.
• Process Improvement - Creates reports and other documentation to communicate findings. Designs procedures, techniques, and sample approach to validate testing methods. Proposes audit recommendations to improve efficiency and compliance. Cooperates with independent auditors and provides support of external audits as needed.
• Risk Assessment - Evaluates risks within the internal audit control system. Suggests process improvements to mitigate or avoid financial losses.
• Documentation - Compiles all relevant business, process, and system information prior to auditing. Updates process flows, risks, and controls, and accounts for the impact of technology on the control environment.

Qualifications:
Bachelor\'s Degree and 2 years of experience in Accounting, internal audit, or finance OR High School Diploma or GED and 6 years of experience in Accounting, internal audit, or finance
Preferred Area of Study: Business, Finance, Accounting or other directly related field.
License or Certification Type: Possess or in process of obtaining designation as a Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA) Preferred
Skill(s): Knowledge of major regulatory areas of focus, including banking, systems, regulations, and audit procedures, Knowledge of Generally Accepted Accounting Principles (GAAP), SEC Rules, and SOX Act

First Citizens Bank