Audit Supervisor - Risk and Compliance

Company: Disability Solutions
Location: Phoenix
Posted on: January 23, 2025

Job Description:

Job Title:Audit Supervisor - Risk and ComplianceLocation:CityScapeWhat you'll do:As an Audit Supervisor, you will assist in the planning, execution, and reporting for various audits in the AML/BSA coverage areas, supporting the execution of the department's annual audit plan. You will prepare for, lead, and wrap-up many aspects of your assigned audits, all within audit methodology. You will evaluate processes and controls for adherence to bank policies & procedures, and compliance with federal & state banking regulations. You will also assist in completing root cause analysis for identified issues to focus on strengthening and improving controls. You will report to an Audit Director or Senior Audit Director; however, you will lead a team of Auditor(s) and Senior Auditor(s), which can change with each audit, managing and reviewing their work. In addition, you will have the opportunity of working with our audit leaders across the department, participating in audits in finance, banking operations, credit administration, risk management, and compliance disciplines. Your position promotes risk awareness in the enterprise through a positive and collaborative relationship with department heads, business leadership, and staff. In addition to audit execution, you will meet regularly with department heads and business leaders to discuss audits, assess risks, evaluate issue remediation progress, provide feedback, and gather insights on business activities.

• Support the Audit Director and Associate Audit Director with audits across the organization and complete multiple audit assignments and/or projects.
• Ensure consideration and inclusion of data analytics along with other critical plan inputs for each assigned audit.
• Know, apply, and ensures compliance with audit methodology.
• Instrumental in the completion of all phases of the audit in compliance with audit methodology. Discuss and review the audit scope with Associate Audit Director and Audit Director.
• Prepare audit planning documentation and risk & control matrix (including test approach for each control), delegate test work as appropriate, and may test higher risk or complex controls.
• Provide guidance and coaching to supporting staff throughout assigned audits. Review staff work papers and provide comments to ensure compliance with stated requirements and objectives, IIA standards, and audit methodology.
• Provide feedback/comments to the assigned audit team.
• Clarify and clear review notes provided by the Associate Audit Director or Audit Director.
• Ensure appropriate organization and documentation within the audit software (Wdesk/Workiva).
• Perform additional testing as determined to be necessary.
• Draft clear and concise audit issues, ensuring the root cause is identified.
• Assist in drafting comprehensive audit reports, including issue ratings and overall report ratings.
• Work with management to create effective management action plans in a timely manner.
• Monitor progress made by management toward completing action plans and manages assigned tests of validation prior to closing issues.
• Follow up on the disposition of exceptions noted during audits, including internal, external, and regulatory examination reports.
• Provide ad-hoc reports and status updates to supervisors.
• Comply with department annual training requirements and proactively draft and discusses performance goals with Audit Director.
• Attend and participates in team, peer, and one-on-one meetings.
• Own or contributes to department initiatives focused on audit methodologies and supporting technology-based solutions as applicable. What you'll need:
  • 5+ years of related experience in Internal Audit, Risk Management, Regulatory Compliance, or a similar field
  • Bachelor's degree in a related field required
  • Previous leadership experience preferred
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices.
  • Intermediate knowledge of internal control analysis and risk assessment methodologies, COSO framework, Institute of Internal Auditor standards, FRB Supervisory Letter 13-1 standards, GAAP, and/or Sarbanes-Oxley Section 302/404 requirements.
  • Intermediate time management and organizational skills
  • Strong speaking and writing skills for internal and external audiences
  • The following certification is required: Certified Anti-Money Laundering Specialist,Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Prescott , Audit Supervisor - Risk and Compliance, Accounting, Auditing , Phoenix, Arizona