Internal Auditor - Compliance

SUMMARY: The Internal Auditor - Compliance will work closely with the Bank's various lines of business to assess risks, evaluate control design, and test control effectiveness using a risk-based approach across the Internal Audit program, as well as evaluate the Bank's compliance with policies and regulations.

ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:

• Support Compliance Internal Audits, Branch Operations Internal Audits, and SOX testing by performing the following:

• Lead audit planning, including identifying and analyzing risks to develop risk-based audit programs, and prepare the appropriate documentation

• Schedule and lead meetings, including walkthroughs and status meetings

• Execute and document detailed testing using appropriate auditing methodologies

• Prepare workpapers with quality and adherence to standards

• Draft audit reports based on potential issues identified, ensuring that findings are appropriately documented, and recommending value-added solutions based on root cause

• Effectively lead any external resources assigned to audit projects

• Track audit progress against planned milestones and ensure timely issuance of report

• Track open issues, follow-up with business lines on remediation status, and timely validate the remediation of audit findings

• Perform general administration, such as co-source oversight, logistics coordination, manage the inflow of audit requests and responses, and manage audit files

• Engage with regulators (e.g., OCC), as needed, and support responses to regulatory inquiries

• Ensure the overall quality, consistency, risk management, and adherence to department and professional standards and identify opportunities for audit process improvement

• Establish and maintain strong relationships with business unit management

• Remain current and increase knowledge of regulatory requirements that impact the organization, as well as in the areas of internal control, accounting, business, company products, and company information

• Adhere to Bank policies and procedures

• Complete all mandatory and elective training by the due date, including BSA (Bank Secrecy Act) and Anti-Money laundering procedures.

• Maintain compliance with all appropriate rules and regulations.

EDUCATION and/or EXPERIENCE:

• Bachelor Degree in Finance/Accounting or a related field
• Minimum of three (3) years of experience in internal audit, enterprise-wide risk management, business risk, and/or compliance with banking and finance industry experience preferred
• Professional certification, such as CPA, CIA, CISA, CAMS, and/or CRCM preferred
• Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
• Knowledge of internal audit management software, such as AuditBoard preferred
• Ability to clearly and effectively communicate both verbally and in writing

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran