FirstBank is a Tennessee-based community bank with over $10 billion in assets and regulated by the FDIC. The purpose of FirstBank’s internal audit department is to provide independent, objective assurance and consulting services designed to add value and improve FirstBank’s operations. The mission of internal audit is to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight. The internal audit department helps FirstBank accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.
The FirstBank Internal Audit Manager will assist in the development and implementation of annual internal audit risk assessment and audit plan; supervise internal auditors and external assurance providers; plan and direct internal audit engagements; and provide oral and written reports to the Internal Audit Director.
Essential Duties and Responsibilities:
Leads and monitors audit execution in accordance with International Standards for the Professional Practice of Internal Auditing (Standards).
Supervise and direct one or more internal auditors for day-to-day oversight, project oversight, and annual evaluation as well as third-party resources, as needed.
Conducts and documents audits in accordance with the Standards, including planning, performing walkthroughs, testing, documenting, and reporting results.
Identifies risks, controls, and concerns in audit areas and discusses findings with business unit management.
Prepares written audit reports that are accurate, objective, constructive, and timely for expressing an opinion on the adequacy of internal controls and to ensure broad understanding of areas where corrective action may be required. Identifies root causes and develops recommendations for improvement to existing systems and functions.
Assists with developing and implementing the Internal Audit Risk Assessment and Internal Audit Plan.
Maintain the confidentiality of information as required by law and by Bank policy.
Assist with the preparation of Audit Committee meeting materials as needed.
Ensure the overall quality through continuous improvement, consistency and adherence to department and professional standards for internal audits, identifying opportunities for process improvement, and continuous monitoring.
Be recognized as a leader, management consultant and internal controls expert; develop and maintain collaborative working relationships with business partners, learning and understanding the business to better provide value-added services, help management ensure objectives are achieved, and enhance stakeholder satisfaction.
Provide risk and control insight and recommendations related to new business processes.
Maintain professional certification(s) and continue to develop and expand knowledge of the audit profession, bank regulatory issuances, our industry, and Company products and information through self-study, research, and continuing education efforts.
Performs other duties & responsibilities as required or assigned by supervisor.
Less than 25% travel required.
Education and/or Experience - Required:
Bachelor’s Degree in accounting or other financial area
Minimum 2 years’ experience managing direct reports and demonstrated ability to develop people
Knowledge of FDIC and SEC rules and regulations
Demonstrated experience leading internal audit engagements
Advanced knowledge of Excel, Word and ability to learn/apply auditing related software
Certified Internal Auditor (CIA) and/or Certified Public Accountant (CPA) required
Education and/or Experience - Preferred:
“Big 4” public accounting/consulting experience highly desirable
7+ years of financial institution internal audit experience
Skills and Abilities:
Excellent written and oral communication skills with ability to work and communicate with business process owners
Excellent ability to review documentation with attention to detail and quality
Ability to critically analyze and assess the adequacy of internal controls and opportunities for process improvements and efficiency gains
Ability to solve practical problems and deal with variables in situations where only limited standardization exists. Ability to interpret a variety of inputs furnished in written, oral, diagram or schedule form.
Self-starter who excels at learning new processes and business functions
Demonstrated integrity and judgment within a professional environment
Ability to work effectively as part of a team environment and independently as an individual contributor, demonstrating a continuous commitment to improvement
Able to work in a high growth environment effectively manage processes and staff through change
Working at FirstBank is about so much more than making loans and deposits. The real mission of FirstBank is one of giving. Giving more to our customers, to each other and to our communities. If you are dedicated to quality customer relationships, possess the drive to succeed, and are focused on results and integrity, then we are a great career move.