Associate Auditor Jobs in Rochester, NY (NOW HIRING)

The expected rate of pay for this position is shown above. Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. In addition to your base rate of pay and a competitive benefits package, successful candidates may be eligible to receive cash or equity-based incentives based on the role and performance.

Position Title: Internal Auditor I

Reports To: Internal Audit Manager

Department: Internal Audit

FLSA Status: Exempt

Purpose:

The Internal Auditor I performs financial, operational, and compliance audits, Sarbanes-Oxley (“SOX”) Section 404 control testing, investigations as required, and consultative engagements throughout the company to help achieve completion of the risk-based Internal Audit Plan. This position interacts with associates in all areas of the bank’s footprint and all internal departments. The role has high visibility to both senior and executive leadership of the organization as well as external financial auditors.

The Internal Auditor I receives training to provide practical experience in applying the principles, theories, and concepts of auditing to specific situations. Incumbents work under close supervision, receive instructions, and work is reviewed to verify accuracy & conformance to required procedures and instructions and to facilitate the incumbent’s training. The work emphasizes carrying out basic audit tests and procedures and preparing selected portions of audit working papers and reports.

Supervisory Responsibilities:

Degree of Supervision Received: Extensive

Degree of Supervision Given: None

Essential Functions:

1. Demonstrates the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders;
2. Incorporates the high-performance behaviors of the Five Star Bank HEART Values in every facet of work;
3. Maintains current knowledge of internal auditing concepts and audit practices, including the IPPF;
4. Maintains financial institution specific knowledge through required Compliance trainings, webinars, conferences, and other means to stay abreast of the ever-changing environment and requirements the Company operates in;
5. Responsible for providing input and assisting in the development of the scope of assigned audits and Sarbanes-Oxley (SOX) Section 404 control testing;
6. Discusses and reviews work programs with audit department management and/or others assigned to the audit before commencing test work to maintain consistent, effective audit coverage;
7. Performs tests of operating effectiveness on the Company’s system of internal controls;
8. Evaluates activities across the organization for adherence to policies, procedures, and regulations;
9. Prepares work paper documentation to support testing performed and conclusions reached;
10. Explains, clarifies, or corrects documentation to clear any review comments by audit department management or experienced auditor’s review of workpapers, conclusions, and recommendations;
11. Discusses irregularities, exceptions, and deficiencies identified with audit department management or lead auditor prior to communicating with the area’s supervisory personnel;
12. Inputs confirmed findings and management’s responses into the Audit Management System for tracking and reporting purposes;
13. Participates in department initiatives & projects as necessary.
14. Demonstrate the standards and principles of the Five Star Bank experience in every interaction with internal and external customers, associates, and stakeholders. Incorporate the high-performance behaviors of HEART in every facet of work.

Job Related Qualifications – Education and Prior Experience:

Required:

• Education: Bachelor’s Degree
• Prior Experience: 1+ years of Internal Audit or Public Accounting experience or internship experience
• Licenses or Accreditation: None

Preferred:

• Education: Bachelor’s Degree in Finance, Accounting, Auditing, Information Systems, Information Technology, Data Management/Analytics;
• Prior Experience: 2+ years of Internal Audit or Public Accounting experience
• Licenses or Accreditation: None

Competencies:

1. Strong analytical skills.
2. Strong communication skills both verbal (i.e., telephone, virtual meetings, etc.) and written (i.e., email, presentations, etc.), including the ability to explain results at a level that resonates across many different audiences.
3. Strong organizational skills and ability to prioritize, multitask, and work in fast-paced environment.
4. A strong understanding of auditing principles and concepts, financial institutions regulatory requirements, and Sarbanes-Oxley requirements is expected to be acquired.
5. Focused on meeting the expectations and requirements of both internal and external customers.
6. Self-motivated, takes initiative, and has an ability to perform under pressure to ensure work is completed on schedule and meets high-quality standards.
7. Strong PC skills including Microsoft Office Suite, (Excel, Word, PowerPoint, Outlook, Teams) and familiarity with audit management software (e.g. AuditBond, TeamMate, AuditBoard, etc.).
8. Desire to pursue audit-related certifications or related career path preferred;
9. High level of attention to detail with the ability to follow detailed procedures and ensure accuracy.
10. Able to handle all bank and customer related information, and sensitive matters professionally and confidentially.
11. Exhibits a high level of integrity, judgment, accountability, and follow-through
12. Able to interact effectively with entry-level associates and area managers during audit duties.

Physical Requirements:

1. Able to regularly sit for prolonged periods of time.
2. Able to travel occasionally
3. Extensive computer usage is required.

This job description is not exhaustive. The Internal Auditor I may be required to perform other duties as assigned.