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Bank Internal Auditor Jobs (NOW HIRING)

Internal Auditor

Rochester, MN ยท On-site

$31.44 - $38.51/hr

Merchants Bank has an opening for an Internal Auditor. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or Wisconsin. This position is responsible for ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Starion Bank is seeking an Internal Auditor to support the effectiveness of our risk management, governance, and control environment. This role is ideal for someone who enjoys evaluating processes ...

Working under the direction of the Lead Internal Auditor, the Assistant Internal Auditor contributes to the effectiveness and efficiency of audit engagements across the bank while demonstrating ...

Apply Early

Merchants Bank has an opening for an Internal Auditor. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or Wisconsin. This position is responsible for ...

Banking industry experience preferred. * Proficiency with Microsoft Office Suite * Professional certifications preferred: Certified Public Accountant (CPA), Certified Internal Auditor (CIA) Key ...

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Bank Internal Auditor information

See salary details

$33.5K

$76.2K

$119.5K

How much do bank internal auditor jobs pay per year?

As of Jul 1, 2026, the average yearly pay for bank internal auditor in the United States is $76,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,500.00 and $90,000.00 per year, depending on experience, location, and employer.

What is the difference between Bank Internal Auditor vs Bank Compliance Officer?

AspectBank Internal AuditorBank Compliance Officer
Primary FocusEvaluating internal controls, risk management, and financial accuracyEnsuring adherence to laws, regulations, and internal policies
CertificationsCPA, CIA, ACCA often preferredCAMs, CRCM, or similar compliance certifications
Work EnvironmentInternal audit departments, risk management teamsCompliance departments, legal teams
Industry UsageCommonly employed within banks for internal assessmentsEssential for regulatory adherence in banking

While both roles are vital within banks, the Bank Internal Auditor primarily assesses internal controls and financial processes, whereas the Bank Compliance Officer focuses on ensuring the bank follows legal and regulatory requirements. Both roles often require similar certifications and work closely within the bank's risk management framework, but their core responsibilities differ in scope and focus.

What are some common challenges faced by Bank Internal Auditors during audits?

Bank Internal Auditors often encounter challenges such as navigating complex regulatory requirements and ensuring compliance across various departments. They must also maintain objectivity while building strong relationships with staff, as their recommendations can directly impact operations. Additionally, auditors frequently face tight deadlines and must adapt quickly to changes in banking processes or technology. Effective communication and analytical skills are essential for overcoming these challenges and delivering valuable insights to management.

What are Bank Internal Auditors?

Bank Internal Auditors are professionals responsible for evaluating and improving the effectiveness of a bank's internal controls, risk management, and governance processes. They conduct audits to ensure the bank's operations comply with laws, regulations, and internal policies. Their work helps to identify weaknesses, prevent fraud, and promote efficient practices within the organization. By providing objective assessments and recommendations, internal auditors support the bank's management in maintaining financial integrity and operational effectiveness.

What are the key skills and qualifications needed to thrive as a Bank Internal Auditor, and why are they important?

To thrive as a Bank Internal Auditor, you typically need a strong background in accounting or finance, attention to detail, and familiarity with regulatory compliance, often supported by a bachelor's degree and relevant certifications like CIA or CPA. Proficiency with audit management software, data analytics tools, and banking systems is usually required. Strong analytical thinking, integrity, and effective communication skills enable auditors to identify issues and present findings clearly. These competencies are essential for ensuring regulatory compliance, mitigating risks, and maintaining the financial integrity of the bank.
More about Bank Internal Auditor jobs
What cities are hiring for Bank Internal Auditor jobs? Cities with the most Bank Internal Auditor job openings:
What states have the most Bank Internal Auditor jobs? States with the most job openings for Bank Internal Auditor jobs include:
Infographic showing various Bank Internal Auditor job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $76,185 per year, or $36.6 per hour.
Internal Auditor

Internal Auditor

Merchants Bank

Rochester, MN โ€ข On-site

$31.44 - $38.51/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Job description

Merchants Bank has an opening for an Internal Auditor. This on-site position can work from any of our Merchants Bank branch locations in Minnesota or Wisconsin.
This position is responsible for independently assessing the adequacy and effectiveness of the Bank's internal controls, risk management practices, and governance processes. Ensures compliance with applicable laws and regulations, including FFIEC guidance and OCC expectations, and supports the Board and Executive Management in maintaining a strong control environment.
3-5 years of audit or banking experience required. Must have a strong understanding of bank operations and products and financial statements and accounting principles. Strong organizational, time management and independent working skills required. Must have a high level of integrity, confidentiality, and professionalism.
Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options.
Please click on Apply Now or apply in person at any Merchants Bank location. Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
Primary Responsibilities and Duties:
Audit Execution & Risk Assessment
  • Perform risk-based internal audits of bank operations as identified through the bank risk assessment
  • Assist in the development and maintenance of the annual audit plan based on enterprise risk assessments.
  • Evaluate the design and operating effectiveness of internal controls.

Compliance & Regulatory Oversight
  • Ensure adherence to:
    • FFIEC guidance and interagency expectations
    • OCC safety and soundness standards
    • Federal and state banking regulations
  • Identify and assess compliance risks and control gaps.
  • Monitor regulatory changes and assess their impact on audit scope and procedures.

Reporting & Communication
  • Prepare clear, concise, and timely audit reports including:
    • Findings, root cause analysis, and risk ratings
    • Practical, actionable recommendations
  • Present audit results to:
    • Enterprise Risk Committee
    • Executive Management
    • Audit Committee / Board of Directors
  • Follow up on audit findings to ensure timely remediation.

Internal Control & Risk Management
  • Evaluate effectiveness of:
    • Internal control framework
    • Operational processes
    • Fraud prevention and detection controls
  • Participate in enterprise-wide initiatives, including:
    • Business Continuity Planning (BCP)
    • Information Security and Physical Security reviews
  • Identify opportunities for process improvement and efficiency

Audit Documentation & Quality Assurance
  • Maintain detailed workpapers and documentation supporting audit conclusions.
  • Ensure all audits comply with Institute of Internal Auditors (IIA) standards.
  • Support internal and external audit coordination, including regulatory examinations.
  • Maintain confidentiality and integrity of sensitive information.

Working Conditions
Inside working environment, very low noise level. May include travel to affiliate operations as required. Work is performed primarily sitting at a desk. Requires a high degree of finger dexterity, very good finger-eye coordination.
Skill Requirements:
  • Minimum 3-5 years of audit or banking experience
  • Strong understanding of:
    • Banking operations and products
    • Financial statements and accounting principles
  • Ability to:
    • Analyze complex data and identify risks
    • Exercise sound professional judgment and independence
    • Communicate effectively (written and verbal) to all levels of the organization
  • High level of integrity, confidentiality, and professionalism
  • Strong organizational and time management skills
  • Maintain independence from operational responsibilities
  • Support a culture of compliance, accountability, and continuous improvement
  • Participate in ongoing training related to regulatory expectations and emerging risks

Relationships
Responsible to the Chief Risk Officer for clarification of position responsibilities. authority, and for proper interpretation.
Will have limited person-to-person and phone contact with customers and public, however, may at times have extensive staff contact. Some travel is required. Must have ability to work in a team environment and have personal manner to enhance overall professional image of the organization. Must be willing to be flexible and adaptable. Must be prepared to learn new regulations and laws.