Bank Auditor Job Description

Bank Auditor Job Description

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Bank auditor provides assessment and evaluation of information technology infrastructure and business application and makes recommendations to mitigate IT-related risks.

Bank Auditor Duties & Responsibilities

To write an effective bank auditor job description, begin by listing detailed duties, responsibilities and expectations. We have included bank auditor job description templates that you can modify and use.

Sample responsibilities for this position include:

Recommend process improvements for internal audit processes and procedures to improve internal controls
Establish strong work relationships with Global Wealth Management business management and other control groups (risk management, compliance, legal)
Perform continuous audit coverage and relationship management within Global Wealth Management (including wealth advisory services with a specific focus on broker/dealers and brokers / registered investment advisory)
Assess the control environment of our CIB businesses based in Kuala Lumpur, with a view to providing recommendations to local management for improvement where weaknesses are identified
Execute audit independently and efficiently within defined targets
Identify risks and prioritize audit work as part of a risk based audit program
Partner with other groups within Audit to ensure the delivery of a seamless program of audit coverage
Leading audits across the corporate and investment bank business units, covering key areas of risk - working closely with Australian and global audit colleagues
Establishing strong relationships with major stakeholders within multiple businesses as you will be managing numerous tasks concurrently
Solving various audit issues which might arise including emerging control issues, both verbally and with written feedback

Bank Auditor Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Bank Auditor

List any licenses or certifications required by the position: CPA, CIA, CFSA, CRCM, CBA, CISA, CAMS

Education for Bank Auditor

Typically a job would require a certain level of education.

Employers hiring for the bank auditor job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Accounting, Business, Education, Information Technology, Management Information Systems, Financial Services, Computer Information Systems, Economics, MBA

Skills for Bank Auditor

Desired skills for bank auditor include:

Audit techniques in a Large Bank environment
Auditing theory
Banking and auditing principles
Business and information technology risks
Business/information technology areas
Federal and state laws and regulations related to banking
Internal controls
Procedures and techniques
But not limited to: banking
Information technology operations

Desired experience for bank auditor includes:

Staying up to date with regulatory changes which may affect audit requirements
Knowledge of regulatory requirements for funds and custody in Australia
Be able to build strong relationships with numerous key stakeholders
Experienced in project management and delivering results to a high standard
Audits across multiple business units within the group
Planning, execution and risk reporting plus ad hoc projects

Bank Auditor Examples

1

Bank Auditor Job Description

Job Description Example
Our company is looking to fill the role of bank auditor. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for bank auditor
  • Assisting with other Internal Reviews and Special Investigations
  • Reads and understands a stand worksheet
  • Retreives information from the stand folders sor data entry daily
  • Retrive and tallhy all stand worksheets
  • With your in-depth knowledge of technical IT environments you are able to analyse where security breaches may occur
  • Give recommandations to strenghten IT environments against such breaches
  • You will use your strong analytical skills to identify the areas of focus within our IT audit strategy and individual IT audits
  • Travelling abroad is part of the job
  • Document audits with limited supervision in a risk focused manner and to a high standard in accordance with department and professional standards
  • Build and maintain key relationships with colleagues located around the globe by establishing a culture of engagement and effective teamwork
Qualifications for bank auditor
  • CA / CPA Qualified - training contract preferably completed at a Big 4 firm
  • Preferably CPA / CA / CIA Qualified
  • Have exposure to the life cycle of an audit
  • Financial services audit exposure (internal or external audit)
  • Understanding of risks and controls within the industry
  • Self motivated with a desire to develop and to learn new skills
2

Bank Auditor Job Description

Job Description Example
Our company is hiring for a bank auditor. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for bank auditor
  • Execute key aspects of audit activities including, audit planning, audit testing, workpaper documentation and review, control evaluation, issue identification, drafting of audit reports, and verification of action plan closure
  • Ensure audits are completed timely and within budget •Implement and execute an effective program of continuous monitoring for assigned areas
  • Conducts internal risk assessments on all financial centers based on center performance and audit ratings
  • Uses Financial Center Operational Scorecard and other exception/performance reports to determine levels of operational soundness
  • Provides key input and works closely with financial center support and management to improve overall operational controls and functions
  • Communicates the identified issues, results of risk projects, and recommendations to management and other appropriate staff members in a timely manner through written reports and/or oral presentations
  • Performs risk on-boarding for key branch leadership roles
  • Completes operational and consumer compliance related projects as necessary
  • Execute an effective program of continuous auditing for assigned areas, including monitoring of key metrics to identify control issues and adverse trends
  • Financial, operational, credit and regulatory risk audit work performed for Prime Services
Qualifications for bank auditor
  • CA and tertiary level qualified
  • Have multiple years of strong auditing experience from an accountancy practice (preferably Big 4) or financial services background
  • Be able to lead teams, review files and report your findings concisely to senior staff
  • Good knowledge of financial control and accounting standards
  • Degree Qualified in Accountancy or Equivalent
  • Must be a Qualified Accountant or Qualified Auditor (ACA, ACCA, CIA)
3

Bank Auditor Job Description

Job Description Example
Our growing company is looking to fill the role of bank auditor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for bank auditor
  • Plan, execute and document audits with limited supervision and to the high standard required by department and professional standards
  • Participate on and/or lead audit engagements from planning to reporting and produce quality deliverables to both department and professional standards
  • Executing day-to-day operational audit work and contributing to the delivery of audits and business monitoring
  • Undertaking audit assignments, drafting audit reports for review by Audit Management, facilitating issue tracking and validating closure of issues
  • Drafting high quality issues for review by Audit Lead/ Principal Audit Manager
  • Executing audit fieldwork in line with the agreed audit approach documenting Activity Flows, identifying key risks, testing of key controls to determine whether they are designed and operating effectively and documenting work in accordance with divisional standards
  • Partnering with other audit teams during audit engagements to foster an integrated approach
  • Acting as a challenger to stake-holders during the issue closure process
  • Audit bank operations and other business-related activities for compliance with established policies, procedures, federal and state laws, rules and regulations, effective and efficient governance, and risk management control processes
  • Draft written audit reports including observations, analyses, conclusions, and recommended actions
Qualifications for bank auditor
  • Ability to think strategically to identify the impact of themes and trends on an audit universe, business operations
  • Master’s degree or professional qualifications
  • Bachelor’s Degree in Business Administration, Accounting, Finance or related field with a minimum of three (3) years of auditing or related experience
  • Candidate should relevant experience with exposure to the banking industry
  • Accountability– proven ability to take the initiative
  • Excellent communication skills, both oral and written, in Dutch and English
4

Bank Auditor Job Description

Job Description Example
Our company is searching for experienced candidates for the position of bank auditor. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for bank auditor
  • Assist in special projects and investigations
  • Assist internal and external auditors, consultants, and regulatory examiners
  • Learn client’s businesses and operations as related to assigned work areas to help identify risks and opportunities
  • The Principal Auditor in the CRM CIB team reports to the Principal Audit Manager (PAM) CRM CIB in London, who in turn reports to the Financial Risk Chief Auditor (CA) with global responsibility
  • Supports the creation of risk assessment profiles, business monitoring and general implementation of the Group Audit methodology
  • Daily audit work and execution of CRM audits or participation in local and global integrated business and CRM audits
  • Planning of audits, documentation of activity flows of processes to be reviewed, identification of risks and key controls to mitigate identified risks and attend meetings with internal stakeholders as needed
  • Design of audit reports for acceptance by audit management, support of finding tracking, validation of closing of findings
  • Complete all assigned audit work on time and within budget, including ad hoc projects and special investigations
  • Develop and maintain professional relationships with colleagues, business units and support functions
Qualifications for bank auditor
  • Independently performs (and at times, prepares, reviews and leads) special reviews, investigations, monitoring activities, and work for external auditors and/or regulators
  • Mentors others on the use of various business systems, applications, and/or audit tools to create queries and ad hoc reports
  • Identifies control weaknesses and opportunities for improvement in the current operating environment and recommendations for corrective action
  • Assists with special reviews and investigations, monitoring activities, and completion of work for external auditors and/or regulators
  • Utilizes various business systems, applications, and audit tools and may create basic queries and ad hoc reports
  • Three years of experience in internal auditing or public accounting
5

Bank Auditor Job Description

Job Description Example
Our company is looking to fill the role of bank auditor. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for bank auditor
  • Willingness to travel as part of a global team, even if most of the work takes place in Frankfurt.Optional leading a team according to individual assignment
  • Drive all aspects of audit execution, including audit planning, control design evaluation, control effectiveness testing, work paper documentation, drafting audit issues and verification of action plan closure
  • Demonstrate and maintain technical competency, staying up to date with evolving accounting, regulatory and industry developments impacting the CIB/TCIO Finance
  • Financial, operational, credit and regulatory risk audit work performed for Securities Services
  • Plan, execute and document audit reports for audits conducted within the Securities Services business, including risk assessments, audit planning, audit testing, control evaluation, report drafting and follow-up and verification of issue closure
  • Write audit work papers and reports with minimal intervention by the Audit Director
  • Conducts post-audit basic follow-up tasks to appraise adequacy of corrective action taken by management to address audit recommendations
  • Examines business records and collects information, exercises independent judgment in identifying issues and assessing risk as well and presents the results to the relevant audit team member
  • Executes basic control design and operating effectiveness testing as part of internal audit reviews and activities
  • Participate on and lead audit engagements from planning to reporting and produce quality deliverables in accordance with department and professional standards, and complete assignments in an efficient manner
Qualifications for bank auditor
  • Fiduciary/Regulation 9 experience Certified Fiduciary & Investment Risk Specialist designation required
  • Knowledge of Treasury Services products preferred
  • Minimum 4 – 8 years of experience in public accounting or financial services firm
  • Preferably strong knowledge of trading businesses and products
  • Strong skills in time management, problem solving, written and verbal communication
  • Flexibility to travel as required (5-10% should be anticipated)

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