This role is responsible for assisting the day-to-day planning and performance of audit work by staff auditors and performing internal audit procedures and reviews. This includes planning, risk assessment, fieldwork, analysis, determining the adequacy of internal controls, documentation, and communication. May perform special assignments.
Worksite Location: Iowa City, Iowa - Hybrid
Role & Responsibilities
Possess extensive knowledge of banking business processes, policies and procedures, governance practices, and regulatory obligations.
Understand and assess potential risks that warrant audit attention, identify the areas most likely to be affected, and formulate recommendations that are appropriate, practical, and cost-effective.
Apply internal control concepts in various settings and assess practical and cost-effective alternatives appropriately.
Understands, appreciates, and proactively leverages team members' skills to achieve desired results as a team.
Effectively manages and prioritizes workload of self/team to meet and/or exceed expectations; may delegate work per the direction of team leader(s); proactively makes leaders aware of conflicting priorities and offers solutions.
Perform work paper reviews of audits completed by staff as needed to ensure procedures have been competently done and meet established standards for documentation, thoroughness, accuracy, etc.
Communicate audit results, both verbally and in writing, so they are persuasive, placed in the appropriate context, and understood by the recipient.
Interact effectively with a variety of people in a variety of settings.
Maintain effective working relationships with employees, officers, and directors.
Assist the Internal Auditor in coordinating plans and gathering information requirements for external auditors and examiners.
Engage in professional development activities.
Overnight travel may be required occasionally.
Maintains audit department permanent and report files.
Conducts research as requested by the Internal Auditor.
Other duties may be assigned.
Required Skills & Experience
Bachelor's degree or equivalent combination of post high school education and related work experience.
Education in accounting or business-related fields.
Prefer 3-5 years of experience in public accounting or an audit-related role
Applicable professional designation (CPA, CIA, CISA, etc). Banking or financial institution experience is preferred.
Proficiency as a subject matter expert in applicable audit standards and practices.
Must possess a working knowledge of banking: business processes, policies and procedures, governance practices, and regulatory obligations.
Knowledge of the financial, operational, and compliance risks that affect bank activities, demonstrating the ability to identify and appropriately scope these risks, and formulating recommendations that are appropriate, practical, and cost-effective, is required.
Demonstrated proficiency in applying audit principles, skills, and techniques in audit testing of varying complexity.
Strong working knowledge in audit methodology.
About Versique At Versique, we believe people are more than a resume. People invent, propel, unearth, and build. They transform teams, markets, industries, and bottom lines. People do more than fill an open position. They open greater potential. We're here to help fill your human potential and build your human capacity. The Versique brand represents a powerful combination of "versatile" and "unique," hinting at the concept of "search" in its pronunciation. In 2023, Versique made the Inc. 5000 list of fastest-growing private companies, and the Minneapolis-St. Paul Business Journal's Fast 50 list for fastest-growing private companies in Minnesota. Additionally, for the past four years, Versique has been recognized as a Star Tribune Top Workplace and awarded a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal, which speaks to the incredible culture we've fostered.
We believe people are the ultimate business advantage. Let's find your people together. And make the best possible.
Versique is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status.