Entry level Audit Consultant

JOB SUMMARY:

Assist the Department Head in performing audits, internal control assessments, or reviews of compliance with established Bank policies and procedures, or laws and regulations. Tasks performed include examining records/reports/operating practices and documenting sample selected, test performed, test results, audit conclusion and findings. In addition, assignments include audit department administrative tasks on an as-needed basis.

$25-35 per hour based on experience.

RESPONSIBILITIES:

% of time

20% Plan and perform financial, operational, and compliance audits in accordance with the annual internal audit plan;

10% Conduct meetings/interviews/walkthroughs with Branch management and personnel to assess how controls are functioning in a specific area;

10% Execute testing of specified area and identify potential or reportable issues;

10% Communicate findings to line management responsible for the area audited and the Department Head;

10% Draft audit findings/reports;

10% Collect evidence or performs testing on corrective actions to ensure that remediation implemented is effective;

10% Document sample selected, fieldwork performed, test results, conclusion and findings in a clear and concise manner;

10% Organize supporting documents to support audit conclusion;

10% Perform other duties (i.e. audit administration, special review, ongoing monitoring, etc) as assigned provided that the duties performed do not infringe on the auditor’s independence or objectivity.

PRINCIPLE ACCOUNTABILITY:

1. Assist the department head in verifying that the Branch is in compliance with all applicable banking rules and related laws and regulations;

2. Verify proper internal controls and risk management in the Branch;

3. Verify the accuracy of the information being provided in regulatory reports and letters;

4. Verify the effectiveness of the information security in the branch’s operations;

5. Verify compliance with the Branch’s and departmental policy and procedures, the guidance from Head Office as well as the applicable U.S. rules and regulations;

6. Maintain professional competence by attending seminars, participating in professional societies, and reading pertinent publications;

7. Maintain confidentiality of the bank’s information.

8. Perform audit department administrative tasks as assigned.

AUTHORITY:

1. Authorized to consult the Chief Compliance Officer or BSA/OFAC Officer for advices and guidance when they encounter an issue that exceeds their experience;

2. Has no authority to initiate or approve transactions of any nature;

3. Has no authority to administer or supervise operational functions.

JOB REQUIREMENTS:

EDUCATION:

Bachelor’s degree in Auditing, Accounting, Finance or Information System preferred.

EXPERIENCE:

A minimum of 13 years’ audit experience through public accounting/auditing and/or industry experience.

SPECIFICATIONS:

Strong verbal/written communication, analytical, and interpersonal skills;

Ability to follow instructions and work independently;

Possesses an appropriate combination of technical expertise in fields such as auditing, finance, technology, operations, or investigations;

Professional certification, such as CIA, CISA, or CAMS, a plus;

Fluent in English and Chinese.

PHYSICAL DEMANDS/WORK ENVIRONMENT:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle or feel. The employee is occasionally required to stand, walk, and reach with hands and arms.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

ORGANIZATIONAL RELATIONSHIPS:

1. Report to the Department Head for the fulfillment of assigned functions and responsibilities;

2. Assist other department officers, and staff in their respective functions associated with the areas for which they have direct responsibility.

All duties and requirements listed in this job description are essential job functions. This job description in no way states of implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor.