Job Information
Commerce Bank Senior Auditor in Kansas City, Missouri
About Working at Commerce
Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.
No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest.
About This Job
As an important part of the Commerce Team, a member of the Internal Audit Department will be a trusted advisor and partner with the various lines of business. The Internal Audit Department will offer independent, objective, and risk-based assurance and consulting services that add value and identify solutions. Senior Internal Auditors should be skilled in auditing techniques and familiar with internal auditing standards. This position will focus on Consumer Banking products and all applicable regulations.
Essential Functions
Lead projects of mid-level complexity, including determining details of work required and documenting project plans. Projects typically involve leading 2-4 auditors for a 6-8 week timeline.
Determine audit scope by incorporating knowledge from past experience and existing audit documentation, completing process walk-throughs, evaluation of management’s strategic plans, discussions with business unit management, and overall evaluation of risk. Develop detailed audit steps based on results of scope evaluation and assign to audit team members.
Provide guidance to employees regarding assignments and issues identified. Be willing and capable to answer day-to-day questions for team members. Manage team’s performance on completing assignments accurately and timely. Review work of team members to ensure they meet department standards and audit step objectives.
Complete detailed test work on audits led or when working on others
Review and evaluate the quality of the documented processes and procedures that management has put in place to manage the risks that are most consequential to the company’s financial performance and reputation
Find ways to use data analytics when evaluating controls and performing detailed audit procedures to improve the efficiency and effectiveness of assignments
Identify internal control strengths and weaknesses or accounting errors. While performing internal control testing, use experience to make judgments as to effectiveness of controls in both design and operation. Recognize unmitigated risks or controls that are deficient and make decision as to risk rating assignment for the identified issues.
Communicate effectively with management regarding the scope of audit, on-going progress, and details on the identification of audit issues. Present issues and recommendations along with possible solutions to business unit management. Identify and communicate the root cause of issues.
Prepare audit reports that effectively summarize the scope and results of the audit. Monitor and review to ensure outstanding audit issues are properly resolved.
Perform special projects as assigned. Participate on significant business unit projects/consulting arrangements and periodically report status of projects to audit management
Monitor risk throughout the bank and complete Risk Assessment Questionnaires (RAQ’s) as part of annual audit planning
Perform duties assigned in a manner to maintain chargeability, allow for timeliness of audit reporting, meet time budget goals, and other department performance metrics set by management
Knowledge Skills & Abilities Required
Strong knowledge of audit standards, consumer compliance regulations
Ability to comprehend and interpret written regulations preferred
Ability to mentor team members with proven ability to achieve results through collaboration and teamwork
Independent thinker with strong decision-making skills
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel and Outlook
Education & Experience
Bachelor's Degree, preferably in Accounting, Business Administration, or Law, or equivalent combination of education and experience required. Master’s degree preferred.
4+ years of industry audit, public account and/or regulatory compliance required
Banking knowledge and/or financial institution experience preferred
Data analysis experience preferred
Certified Public Accountant (CPA),Certified Internal Auditor (CIA) or Certified Regulatory Compliance Manager (CRCM) designation, or the ability to obtain, preferred
Location: 922 Walnut St, Kansas City, Missouri 64106
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce)
Inclusion and Diversity at Commerce
How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
Want to be notified of positions that fit your preferences?
Follow these easy steps:
Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner
Sign-up up for Job Alerts
We’ll contact you about positions that match your skills and interests
Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, gender, gender identity, gender expression, veteran status, disability status, or any other applicable characteristics protected by law.
