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Audit Project Manager I -Allowance/Credit Reporting

AT First Citizens Bank
First Citizens Bank

Audit Project Manager I -Allowance/Credit Reporting

Raleigh, NC

Overview

This is a hybrid role (if located in Raleigh, NC or Charlotte, NC) with the expectation that time working will regularly take place inside and outside of a company office. Two days a week in office. Open to remote in several markets for highly qualified candidate.

This Audit Project Manager 1 position is part of the Commercial Credit team responsible for leading audit projects with a focus on Allowance for Credit Losses, Counterparty Credit Risk, Credit Reporting, and Risk Rating Modeling activities. Determines appropriate project scope by assessing significant risks and controls. Documents and evaluates internal controls, reviews underwriting and portfolio monitoring activities to ensure compliance with regulatory requirements, Bank policies and standards, and identifies business risks. Develops advanced procedures that improve process efficiency and mitigate risk. Supervises audit activities, providing expertise through knowledge in area of work, and supports external audit efforts as needed.

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Responsibilities

  • Project Management - Assigns, supervises, and reviews audit projects. Provides feedback, direction, and professional development to assisting auditors. Conducts special projects and facilitates external audits.
  • Process Improvements - Creates reports and other documentation to communicate findings. Designs audit procedures, techniques, and sample approach to validate testing methods. Communicates effectively with both internal and external parties, acting as a resource on audit procedures.
  • Audit - Develops and executes audit procedures, performs complex analysis, uses appropriate general and audit-specific technology, and provides sufficient evidence to conclude on the adequacy and effectiveness of the internal control system. Ensures compliance with applicable laws, regulations, policies, and procedures. Verifies the reasonableness of financial data.
  • Documentation - Compiles all relevant business, process, and system information prior to auditing. Updates process flows, risks, and controls, and accounts for the impact of technology on the control environment.
  • Risk Assessment - Evaluates risk within the internal audit control system. Develops process improvements to avoid financial losses. Creates action plans to address unmitigated exposures.
Qualifications

Bachelor's Degree and 4 years of experience in Public accounting or Bank internal auditing.

Required designation as a Certified Internal Auditor (CIA), or Certified Bank Auditor (CBA), or Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA). OR High School Diploma or GED and 8 years of experience in Public accounting or Bank internal auditing.

Required designation as a Certified Internal Auditor (CIA), or Certified Bank Auditor (CBA), or Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA).

License or Certification Type:

Designation as a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA)

Required Skills:

  • Knowledge of internal and external laws, policies, and procedures regulating Internal Audit actions,
  • Knowledge of Generally Accepted Accounting Principles (GAAP), SEC Rules, and SOX Act


Preferred Skills:
  • Audit experience within financial services.
  • Advanced Microsoft Office skills.
  • Knowledge of commercial lending for a Large Financial Institution.
  • Experience working in following areas: Credit Review, Commercial Credit Resolution, Allowance, Credit Reporting and Modeling, Commercial Credit Risk Management or Credit Administration preferred.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.

Client-provided location(s): Raleigh, NC, USA
Job ID: FCB-26423-en-us
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Family Support Resources
    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Adoption Leave
    • Fertility Benefits
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Promote From Within
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at First Citizens Bank.