Senior Finance & Operations Auditor

Job Summary

The Senior Finance & Operations Auditor supports the Finance & Operations Senior Audit Manager in the completion of the annual audit plan by planning and conducting finance and operational internal audits, performing audit in-charge responsibilities, and conforming to the Internal Audit Charter and Standards.  Finance & Operations internal audits include Accounting Operations, Accounting for Credit Loss (ACL), Asset Liability Management (IRR & Liquidity), Investments, back office operational departments (ACH, ATM, online banking, wires, Human Resources, back-office operations, etc.) as well as branch audits.

Essential Duties

• Plan, Execute, And Report On Results Of Finance And Operational Audits, Including The Following:

1. Develop and/or update audit programs, checklists and/or guides for Finance related entities (e.g. Accounting Operations, ACL, ALM, etc.)
2. Design, perform and document internal control walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations for assigned audits.
3. Prepare process narratives, flow charts and descriptions of internal controls
4. Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors
5. Compile and analyze audit issues identified in the audit
6. Identify improvement opportunities and develop recommendations for corrective/improvement action plans
7. Review work of assigned auditors 
8. Prepare audit reports
9. Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues 

• Effectively perform audit in-charge responsibilities (i.e. planning, work paper review, report preparation, etc.)
• Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources
• Lead supporting work efforts including annual FDICIA testing requirements.
• Assist with the quarterly risk assessment update
• Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines

• Develop And Maintain Collaborative Working Relationships With Management, Learning And Understanding The Business To Better Provide Value-Added Services, Help Management Achieve Objectives, And Enhance Customer Satisfaction

• As directed by the Finance & Operations Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations
• Maintain appropriate knowledge of financial operations, including ACL, Treasury Management, and financial reporting. 
• Perform special projects at the request of the Finance & Operations Senior Audit Manager
• Maintain a professional development plan to continually develop technical and interpersonal skills

Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements.  This position will elevate suspicious activity to supervisory staff and/or BSA department.  Completes compliance and other technical training workshops as assigned.

Non-Essential Duties

• Provide periodic feedback to staff operations auditors
• Be familiar with Bank’s practices, policies, and culture
• Perform other duties as assigned

Required Knowledge, Skills and Abilities 

• Banking knowledge –Accounting Operations, Treasury Management, ACL, ICOFR, back-office operations
• Working knowledge of IT processes and principles preferred
• Knowledge of risk management principles and practices in banks
• Sound judgment, integrity and commitment to ethical behavior
• Ability to maintain confidentiality and treat sensitive information with discretion
• Excellent interpersonal and communication skills
• Understanding of IIA standards for the Professional Practice of Internal Auditing, COSO, risk assessment practices, and audit principles 
• Highly proficient with MS Office products
• Strong analytical skills, logical reasoning and problem-solving skills
• Ability to work independently, with limited direction and guidance
• Detail oriented, accurate, and organized
• Ability to effectively manage multiple projects simultaneously 
• Flexible and able to adapt quickly to changing work environments / priorities and tight deadlines
• Strong business acumen in risk and controls 

Equipment Operated

• Desktop Computers 
• Standard Office Equipment (copiers) 

Physical Requirements & Work Environment 

• Requires sitting for prolong periods of time
• Requires lifting up to 10 pounds
• Hybrid work schedule 
• Office setting w/controlled temperature 
• Requires periodic travel to local offices/branch locations

Education And Experience

• BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, or Economics or equivalent work experience required
• Five or more years of banking experience required in: internal audit, public accounting, risk management, regulatory agency or related experience
• Regional banking experience strongly preferred; experience should include bank back office and branch operations
• Relevant certification or industry accreditation such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA), or Certified Risk Management Assurance (CRMA) required 
• Experience with audit software preferred 
• Supervisory experience preferred
• Experience in data analytics preferred
• Experience with IT General Controls (ITGC) a plus
• Working knowledge of AuditBoard, Jack Henry (Silverlake/Xperience), COGNOS a plus

This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.

Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.

May 28, 2025