Internal Audit Officer

Primary Purpose Of Job

The Internal Audit Officer position is accountable for supporting the execution of the annual audit plan. Oversees and manages the daily operations of the Internal Audit Department. Manages and ensures adherence to the Sarbanes Oxley Act. Audits a variety of technical and operating records and procedures requiring the application of professional auditing principles and standard operating procedures for the various business units.

The Internal Audit Officer position is accountable for supporting the execution of the annual audit plan. Oversees and manages the daily operations of the Internal Audit Department. Manages and ensures adherence to the Sarbanes Oxley Act. Audits a variety of technical and operating records and procedures requiring the application of professional auditing principles and standard operating procedures for the various business units.

• Southern Bank team members are a family, rooted in the communities we serve and working together to be the best in our industry, utilizing innovative ideas and strong products. The Southern Bank Patch illustrates these ideals.
• Ensures the confidentiality of customer non-public personal information and secures information systems to comply with bank regulations.

• Supervise the audit team in the completion of audit engagements, ensuring the highest quality work within the budgeted hours and delivered in a timely manner;
• Provide an independent and objective assurance and advisory service to senior management and the Audit Committee;
• Oversee the preparation and development of the Audit Plan with on-going amendments to address emerging risks;
• Assess the control environment and devise techniques to analyze and evaluate audit evidence and results to measure compliance with the established control framework;
• Produce high quality working papers and reports to document the tests performed, findings, conclusions and recommendations;
• Follow up to ensure corrective actions are achieved within agreed timetables;
• Provide meaningful assessments of financial, risk and regulatory reporting control environment;
• Contribute to the strategic management of financial services;
• Ensure that all allegations of financial irregularity, fraud and corruption are promptly and fully investigated; and,
• Prepare reports for and advises committees and relevant groups;
• Maintain a working knowledge of relevant legislation, statutory instruments, codes of practice, departmental policies and ensures these are adhered to;
• Provide adequate training and oversight to the internal audit department to ensure that individual and audit objectives are met; and,
• Oversee internal auditors in adherence to Sarbanes Oxley Act

The following specifications are general guidelines based on the minimum education and experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Demonstrated knowledge of all pertinent regulatory requirements and compliance program elements;
• Proven organization and facilitation skills;
• Demonstrated expertise in oral and written communication;
• Demonstrated expertise in analysis and decision support
• Ability to prioritize, multi-task and manage deadlines

• Bachelor’s degree in accounting or equivalent work experience;
• Knowledge of or experience with internal controls or SOX related matters;
• Five to ten years managerial work experience in a highly diversified organization

Family & Trust: Southern Bank team members build relationships based on trust and mutual respect, maintain an inclusive and honest environment and uphold integrity and transparency in all interactions.

Rooted & Service: Southern Bank team members are committed to serving customers, communities and teams with purpose, professionalism, and respect, while effectively communicating and actively listening to meet their needs.

Innovation & Strength: Southern Bank team members foster collaboration and continuous improvement, encourage visionary thinking, and strive for excellence to drive the organization forward.

Building Partnerships: Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units, outside vendors and partners, or organizations to help achieve business goals.

Leadership Disposition
- Back Office: Demonstrating the traits, inclinations, and dispositions that characterize successful leaders; exhibiting behavior styles that meet the demands of the leader role.

Aligning Performance for Success: Focusing and guiding others in accomplishing work objectives.