Associate Audit Director
Company: Disability Solutions
Location: Phoenix
Posted on: May 4, 2024
Job Description:
Job Title:Associate Audit DirectorLocation:CityScapeWhat you'll
do:As an Associate Audit Director you will plan, oversee and report
on various audits in your assigned coverage areas, supporting the
execution of department's annual audit plan. You will also assist
in the annual risk assessment and related quarterly continuous
monitoring that supports the risk assessment. You will lead all
assigned audits and ensure timely wrap-up and completion per the
audit plan. You will evaluate processes and internal controls for
adherence to bank policies & procedures, and compliance with
federal & state banking regulations. You will interact with and
proactively inform senior leadership of audit results and related
risk. You will complete root cause analysis for identified issues
to focus on strengthening and improving controls.You will lead all
assigned audits and ensure timely wrap-up and completion per the
audit plan. You will evaluate processes and internal controls for
adherence to bank policies & procedures, and compliance with
federal & state banking regulations. You will interact with and
proactively inform senior leadership of audit results and related
risk. You will complete root cause analysis for identified issues
to focus on strengthening and improving controls.Your position
promotes risk awareness in the enterprise through a positive and
collaborative relationship with department heads, business
leadership, and staff. In addition to audit execution, you will
meet regularly with department heads and business leaders to
discuss audits, assess risks, evaluate issue remediation progress,
provide feedback and gather insights on business activities.What we
are looking for:
- Supports the Audit Director or Senior Audit Director in
completing the annual risk assessment and development of the
resulting audit plan. Prepares a comprehensive risk-based,
multi-year plan of audit coverage for assigned area, ensuring
audits are within cycle and logically budgeted/resourced. Leads
execution of the assigned area of the audit plan, appropriately
leveraging and delegating to the Audit Supervisor(s). Ensures key
risks and all critical plan inputs are considered for audits within
assigned area.
- Oversees the completion of all phases and wrap-up of the
assigned audit areas utilizing the audit software (Wdesk/Workiva)
while reviewing and providing feedback to the audit team over
critical planning and testing approach documentation. As needed,
discusses scope and approach with other department leadership to
ensure appropriate audit coverage. Reviews the Audit Supervisor's'
work along with review of higher risk controls and related
exceptions to ensure compliance with stated requirements and
objectives, IIA standards and audit methodology. Provides guidance,
coaching and clear feedback to audit team, ensuring resolution of
all review notes prior to audit wrap-up. Incorporates data
analytics into various assigned audits. Clarifies and clears review
notes provided by the Audit Director or Senior Audit Director.
Completes hours analysis for overall audit and performs final
quality assessment of organization and documentation for
completeness and compliance with audit methodology.
- Drafts and presents audit reports that clearly communicate
risks and issues to Audit Director or Senior Audit Director and
department leadership team for approval. Proactively works with
management to create effective management action plans in a timely
manner. Attends monthly meetings with management to monitor status
of open audit issues, understand progress, and provide constructive
feedback toward closure. Ensures delays or needed extensions are
appropriately escalated and addressed per audit methodology.
Actively monitors issue deadlines, implementations and closures,
assigning test of validation work based on workload balance and
expertise. Follows up on disposition of exceptions noted during
audits, including internal, external and regulatory examination
reports. Provides ad-hoc reports and status updates to
supervisors.
- Complies with department annual training requirements and
proactively drafts and discusses performance goals with Audit
Director or Senior Audit Director. Attends and/or leads team, peer
and one-on-one meetings. Owns and completes department initiatives
focused on audit methodologies and supporting technology based
solutions as applicable.
- Leads and develops a team; responsible for hiring, coaching,
performance management, training and developmentWhat you need to
have:
- 8+ years of direct, related experience such as, internal audit,
risk management, regulatory compliance.
- Prior experience focusing on Enterprise Risk Management,
Compliance laws and regulations", "banking operations such as ACH,
wires, ebanking, etc., and the Bank-Secrecy Act, Anti-Money
Laundering
- Ability to deal with complex problems involving multiple facets
and variables in non-standardized situations. Ability to define
problems, collect data, establish facts and draw valid
conclusions.
- Knowledge of internal control analysis and risk assessment
methodologies, COSO framework, Institute of Internal Auditor
standards, FRB Supervisory Letter 13-1 standards, GAAP, and/or
Sarbanes-Oxley Section 302/404 requirements.
- Time management and organizational skills
- Occasional travel is requiredBenefits you'll love:We offer all
the important things you'd want - like competitive salaries, an
ownership stake in the company, medical and dental insurance, time
off, a great 401k matching program, tuition assistance program, an
employee volunteer program, and a wellness program. In addition,
you'll have the opportunity to bolster your business knowledge,
learning the ins and outs of how successful companies operate and
manage their finances, giving you invaluable hands-on experience to
help grow your career!About the company:Western Alliance Bank is a
wholly owned subsidiary of Western Alliance Bancorporation.
Alliance Bank of Arizona, Alliance Association Bank, Bank of
Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank
are divisions of Western Alliance Bank; Member FDIC. AmeriHome
Mortgage is a Western Alliance Bank company.Western Alliance
Bancorporation is committed to equal employment and will consider
all qualified applicants without regard to race, sex, color,
religion, age, nation origin, marital status, disability, protected
veteran status, sexual orientation, gender identity or genetic
information. Western Alliance Bancorporation is committed to
working with and providing reasonable accommodations for
individuals with disabilities. If you are an individual with a
disability and require a reasonable accommodation to complete any
part of the application process and/or need an alternative method
of applying, please email HR@westernalliancebank.com or call
602-386-2488. When contacting us, please provide your contact
information and state the nature of your accessibility issue. We
will only respond to inquiries concerning requests that involve a
reasonable accommodation in the application process.-- Western
Alliance Bancorporation
Keywords: Disability Solutions, Avondale , Associate Audit Director, Accounting, Auditing , Phoenix, Arizona
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