Auditor Fraud Operations

Overview

WHAT IS THE OPPORTUNITY? The Auditor I will be focus on Payment and Fraud Operations and will support City National Bank's Internal Audit by providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, Regulatory Compliance governance processes and the system of internal controls over the Bank's Payment and Fraud Operations. Position will also provide support to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit.

The Senior Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities; along with Data Analytics to support continuous monitoring, leveraging the use of information analytics, business intelligence, data mining, and other technologies and tools in compliance with various laws, rules, regulation, and other regulatory pronouncements.

The Auditor I will be focus on Payment and Fraud Operations and will support City National Bank's Internal Audit by providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, Regulatory Compliance governance processes and the system of internal controls over the Bank's Payment and Fraud Operations. Position will also provide support to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit.

The Senior Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities; along with Data Analytics to support continuous monitoring, leveraging the use of information analytics, business intelligence, data mining, and other technologies and tools in compliance with various laws, rules, regulation, and other regulatory pronouncements.

• Completes time sheets and expense reports in a timely manner.
• Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
• Completes all required training.
• Develops a general knowledge of the business, regulatory and accounting and control environment in which City National Bank operates.
• Keeps informed of new services, products and events that have a significant technology and business impact.
• Keeps abreast of changes in the business, regulatory, accounting and control environment in which City National operates, particularly in areas where audit responsibilities are assigned.
• Assists the Senior Auditor and or Audit Manager in the development of the audit scope.
• Holds preliminary discussions and interviews with auditees prior to the beginning of the field work.
• Prepares narratives/flowcharts detailing internal controls of area audited.
• Documents the workflow in the area audited, develops audit programs or procedures, and updates audit programs as necessary.
• Performs program procedures and documents work performed, test results and conclusions using work paper preparation guidelines.
• Holds discussions/interview with auditee to gather information, obtains explanations and supporting data/information and documents audit findings and the conclusions drawn.
• Keeps the Senior Auditor and/or Audit Manager abreast of progress, issues and audit matters as they arise.
• Contributes to the drafting of audit observation sheets and audit reports.
• Supports and or participates in audit exit meeting with management.
• Ensures written reports are properly prepared and formatted for distribution.

Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 6 months of experience in public accounting and /or private industry with knowledge of accounting, finance and internal controls areas required. (whether through internships, Co-op and/or other programs)

• Basic understanding of risks, internal control, work paper documentation and issue identification concepts and experience in applying them to plan, perform,…