Internal Auditor – Bank of Tampa (Tampa, FL)

Position overviewThe Internal Auditor is responsible for managing the internal audit program for the Bank and the Company.

The Internal Auditor is responsible for managing the internal audit program to ensure that the Annual Audit Plan, as approved by the Directors’ Audit and Risk Management Committee, is accomplished in a professional and competent manner.  The purpose of the Annual Audit Plan is to sufficiently monitor the adequacy and effectiveness of internal controls and provide the Board of Directors and management with independent assurance that the overall system of internal controls exists and is functioning properly.  The Internal Auditor will maintain sufficient competence and capabilities to conduct and complete the Annual Audit Plan.

Primary Duties and Responsibilities

In managing the audit program, the Internal Auditor will:

• Conduct an annual Audit Risk Assessment to develop the annual  audit program which provides for the evaluation of the overall adequacy and effectiveness of the Company’s and Bank’s control systems;
• Plan and conduct audits that will determine the adequacy and effectiveness of internal controls, policies, and operating procedures;
• Analyze and evaluate audit findings, and, if appropriate, recommend changes in internal controls, policies, and operating procedures;
• Serve in a consulting capacity when appropriate to provide guidance to management;
• Effectively communicate audit results and recommendations to management and the Directors’ Audit and Risk Management Committee, including suggestions related to improvement in internal controls, operating efficiencies, attainment of objectives, and earning enhancements/cost reductions;
• Elicit responses and follow to appropriate resolution all audit and examination matters reported to the Board and management;
• Serve as liaison, coordinate and provide assistance during external audits and regulatory examinations related to Safety & Soundness;
• Select and oversee third-party firms to conduct audits of selected areas;
• Monitor the development of new products and services to ensure proper consideration of internal control issues;
• Ability to communicate complex issues clearly and credibly with widely varied audiences;
• Prepare and present audit status reports to the Directors’ Audit and Risk Management Committee; and
• Stay current on industry and professional trends through continuing education courses, professional organizations, periodicals and other literature.

 “This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.”

Supervisory Responsibility

The Internal Auditor is responsible for direction and supervision of the Internal Audit associate.

Position Interaction

Directors’ Audit and Risk Management Committee

Executive Management

Division and department heads

Bank officers and employees

Regulators, legal counsel, vendors and consultants

Qualifications

The Internal Auditor is a seasoned professional, who will possess:

• More than seven years of experience in auditing, compliance, and financial institution management;
• A Bachelor of Arts or Sciences degree, majoring in accounting, finance or business, or alternatively comparable work experience or an MBA;
• One or more professional designations, including Certified Public Accountant, Certified Internal Auditor, Chartered Bank Auditor, or Certified Information Systems Auditor;
• Thorough knowledge of bank reporting requirements, electronic data processing controls, and banking operations;
• Experienced level knowledge of accounting, finance, internal controls, and risk management practices
• Understanding of the COSO Framework
• Advanced knowledge of FDICIA
• An understanding of the legislative and regulatory process;
• Knowledge of compliance laws and regulations, and of banking policies, operating procedures, internal controls and services;
• Ability to read, interpret and effectively communicate regulatory issuances and pronouncements.
• Excellent communication skills and the ability to communicate at all levels of the organizational structure; and
• The ability to set priorities and work without direct supervision.

Bank Overview

Since first opening in 1984, The Bank of Tampa has focused on serving Tampa Bay professionals and owner-managed businesses, which has given us an insight into our community that other banks simply cannot match. With an average of more than 20 years of banking experience in the Tampa Bay area, our commercial banking officers use their deep understanding of the area to help our clients establish professional, cultural and social ties that benefit their businesses, their families, and themselves.

At The Bank of Tampa, we are committed to providing the highest level of banking services while nurturing a strong and lasting personal relationship that contributes to our client’s success. Service to our clients and our community is what we are all about.