Junior Internal Auditor in Hamilton, New Jersey at FIRST BANK

Position Summary

The JuniorInternal Auditor assists in executing the Bank's Internal Audit Program byperforming operational, financial, compliance, and branch audits. The role supportsthe Bank's independent Internal Audit function through risk-based auditactivities designed to evaluate the effectiveness of internal controls, riskmanagement, regulatory compliance, and governance processes. The position participates in all phases of the audit lifecycle,including audit planning, risk assessment, process walkthroughs, developmentand maintenance of Risk and Control Matrices (RCMs), audit testing, dataanalysis, workpaper documentation, identification of control deficiencies andprocess improvement opportunities, reporting, and follow-up of audit andregulatory issues.

Duties & Responsibilities

· Perform branch, operational, lending,compliance, and financial audits in accordance with the approved Internal AuditPlan, Risk Control Matrices (RCMs), Internal Audit methodology, andprofessional standards.

· Assist with audit planning and risk assessments by analyzing key risksand controls.

· Develop and maintain high-quality Risk Control Matrices (RCMs) to evaluate control design andoperating effectiveness.

• Document process narratives, flowcharts, and testing results.

· Analyze transactions, reports, populations, and other data to identifyexceptions, unusual activity, and potential control weaknesses in each audit.

· Conduct audit fieldwork, including interviews,walkthroughs, testing, sampling, and validation procedures.

· Identify opportunities to improve theefficiency, effectiveness, and control environment of Bank processes.

· Prepare organized and accurate audit workpapersthat support audit conclusions and are consistent with Internal Auditprocedures.

· Draft audit reports and findings for review beforecommunicating audit observations to management.

· Assist with monitoring and validatingcorrective actions related to Internal Audit findings, regulatory examinationmatters, and other assigned issues.

· Maintain independence and objectivity in allaudit assignments.

· Maintainthe confidentiality of sensitive information obtained during audit activities.

· Research applicable banking laws,regulations, regulatory guidance, policies, procedures, and industry practicesrelevant to assigned audits.

· Remain informed of regulatory developments, emerging risks, and industrypractices that may impact the Bank or Internal Audit coverage.

• Participate in audit department meetings, training, and continuing education activities.
• Perform other duties as assigned.

Qualifications

· Bachelor'sdegree in accounting, finance, business administration, management, or a relatedfield.

· 1–3 years of experience in risk-based internal auditing and applying internal control concepts.

· Knowledge of banking operations andapplicable regulatory requirements.

· Experience with audit management, data analytics,and reporting.

· Organizationaland time management skills.

· Ability to communicateprofessionally, both verbally and in writing.

· Proficient in Microsoft OfficeSuite, particularly Excel and Word.

· Ability to work independently andas part of a team.

Job Expectations

· Abilityto travel up to 25% of the time to conduct branch audits.