Job Information
City National Bank Auditor II- Compliance in Jersey City, New Jersey
AUDITOR II- COMPLIANCE
WHAT IS THE OPPORTUNITY?
As part of the Consumer Compliance audit team, the auditor will assess the design and operating effectiveness of internal controls within various audits assigned, and coverage areas supporting the execution of the department's annual audit plan. The auditor will work within an engagement team and on occasion as an individual contributor on routine audit assignments testing internal controls and compliance with laws, regulations and internal policies.
What you will do
Assists the Audit Manager in the development of the audit scope and required fieldwork in alignment with Internal Audit Methodologies..
Holds preliminary discussions and interviews with auditees prior to the beginning of the field work.
Prepares narratives/flowcharts detailing internal controls of area audited.
Documents the workflow in the area audited, develops audit programs or procedures, and updates audit programs as necessary.
Performs program procedures and documents work performed, test results and conclusions using work paper preparation guidelines.
Holds discussions/interview with auditee to gather information, obtains explanations and supporting data/information and documents audit findings and the conclusions drawn.
Keeps the Audit Manager abreast of progress, issues and audit matters as they arise.
Contributes to the drafting of audit observation sheets and audit reports.
Supports and or participates in audit exit meeting with management.
Develops a general knowledge of the business processes, regulatory requirements and control environment in which City National Bank operates.
Keeps abreast of changes in the business, regulatory, and control environment in which City National Bank operates, particularly in areas where audit responsibilities are assigned.
Completes time sheets and expense reports in a timely manner.
Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
Completes all required training.
Must-Have*
Bachelor's Degree or equivalent
Minimum 3 years experience in performing internal control audits and risk assessments required.
Minimum 1 year of public accounting and/or private industry experience with knowledge of accounting, finance and internal control areas required.
Skills and Knowledge
Understanding of risks, internal controls, work paper documentation and issue identification concepts and experience in applying them to plan, perform, and report on the evaluation of various business processes/areas/functions.
Ability to work independently or under the guidance and supervision of the Audit Manager
Strong verbal and written communication skills, to effectively present to peers and management.
Ability to exhibit leadership skills needed to convey ideas and obtain management buy-in for constructive change.
Understanding of internal auditing standards, COSO and risk assessment practices.
Experience in performing multiple projects and working with varying team members.
Prior financial services industry experience is a plus.
Compensation
Starting base salary: $71,869 - $114,797 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
For more information about City National, visit cnb.com.
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.