Internal Auditor Job at Lea County State Bank, Hobbs, NM

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  • Lea County State Bank
  • Hobbs, NM

Job Description

Essential Duties and Responsibilities include the following. Other duties may be assigned.

50%--Schedule, perform, and document all control and functional audits, including written reports and documentation of Management's responses.

Functional areas requiring an annual audit based on the regulations, internal policies, risk assessment, etc. include but are not limited to the following: Funds/Wire Transfers; Investments; IRR Management; Bank Secrecy/A-ML/OFAC/CIP; Loans/Loan Operations; Mortgage Servicing; Deposits/Deposit Operations; IT/Info Systems; ACH/SWACHA; Electronic Banking; ATMs & ITMs; Financial Privacy & Customer Information Security.

On a quarterly basis, report results of audit activities in writing and verbally to the Board of Directors.

25%--Keep fully apprised of management's objectives for the bank and its affiliates. Assist management in identifying areas of risk and in developing systems and controls to manage risk.

Conduct audit activities in a manner consistent with management's overall objectives and make recommendations when weaknesses or risks are identified regarding: (1) internal control systems and safeguards, (2) regulatory and legal compliance, (3) accounting systems, (4) policies & procedures, and (5) customer service.

20%--Special assignments, including assisting external auditors and regulatory examiners. Timely completion of special assignments and reports to management and the Board of Directors.

5%--Business development and community service activities. Participation in the bank's business development activities and in at least two community organizations.

Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

Bachelor's degree from a four-year college/university; or three to five years related experience and/or training; or equivalent combination of education and experience.

This position requires continuing education. Continuing education may include in-house

training, Internet training, self-study and training outside of the bank. Some continuing

education options may involve overnight travel.

Job Tags

Full time, Night shift,

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