Job DescriptionAt WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it's our mission and our purpose.
The Internal Audit Supervisor oversees audit staff during audits and advisory engagements designed to evaluate the effectiveness of governance, risk management, internal controls, and operating practices across the Bank. The Internal Audit Supervisor assists the Audit Manager and Chief Auditor in developing and executing the Annual Internal Audit Plan and provides leadership in assessing and reporting on the adequacy of the Bank's internal control environment.
This position is responsible for leading and executing risk-based audits across the Bank's operational functions, including Deposit Operations, Loan Operations, Treasury Management, Payments (ACH and Wire Transfer), Retail Banking Operations, BSA/AML operational controls, Third-Party Risk Management, and other operational and compliance-related activities.
The Internal Audit Supervisor manages audit engagements from planning through reporting, supervises assigned audit staff, and ensures audit work is completed in accordance with applicable professional standards and departmental methodology. The role serves as a key liaison between Internal Audit, business management, and regulators.
Job Responsibilities:
- Supervise and direct the activities of Internal Audit staff assigned to operational audits and special projects.
- Lead risk-based audits covering deposit operations, loan operations, treasury management, payment systems, retail banking operations, vendor management, customer servicing, and regulatory compliance processes.
- Develop audit scopes, risk assessments, audit programs, testing strategies, and engagement plans.
- Manage audit engagements from planning through reporting while ensuring adherence to departmental standards, timelines, and budgets.
- Review audit workpapers, testing results, and reports to ensure accuracy, quality, and compliance with Internal Audit methodology.
- Evaluate the adequacy and effectiveness of internal controls, governance processes, and risk management practices.
- Identify control deficiencies, root causes, emerging risks, and opportunities to improve operational effectiveness and efficiency.
- Prepare and communicate audit findings, recommendations, and observations to management and executive leadership.
- Monitor management action plans and validate the remediation of audit findings and regulatory issues.
- Assist with the annual enterprise-wide risk assessment and development of the Annual Internal Audit Plan.
- Support regulatory examinations, external audits, and other independent reviews as needed.
- Maintain effective working relationships with management, and regulators..
- Participate in special investigations, management requests, advisory engagements, and departmental initiatives.
- Promote continuous improvement of Internal Audit methodologies, tools, procedures, and reporting practices.
- Provide leadership, coaching, mentoring, and technical guidance to audit staff.
- Establish performance expectations, conduct performance evaluations, and support employee development and succession planning.
- Remain knowledgeable of emerging banking risks, industry trends, regulatory developments, and auditing standards.
Minimum Qualifications:- Bachelor's degree in Accounting, Finance, Business Administration, or a related business field.
- Minimum of 7 years of internal audit, risk management, regulatory compliance, or banking operations experience in the banking industry.
- Minimum of 2 years of supervisory and/or management experience.
- Professional certifications, including Certified Public Accountant (CPA) and/or Certified Internal Auditor (CIA), are highly preferred.
- Demonstrated knowledge of auditing standards, audit methodologies, and risk-based auditing techniques.
- Knowledge of banking regulations, compliance requirements, and i