Audit Manager

Audit Manager

Overview

Old National Bank has been serving clients and communities since 1834. With $50 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

Internal Audit's primary purpose is to assist the organization by identifying and evaluating significant exposures to risk and contributing to improvement of risk management and control systems which mitigate those exposures. The Audit Manager will be expected to contribute to these objectives primarily by managing, leading, and participating in audit engagements. This will require working with operating management to understand the products, services, and processes applicable to each line of business and to understand the control environment in which the line of business operates. Using this information, the Audit Manager will apply their specialized technical knowledge and understanding of bank operations to develop a risk-based audit plan and oversee its completion in accordance with department performance standards. The audit process will require creation of detailed work papers, communication of findings to business management, and preparation of a written audit report that effectively highlights the reportable issues. The Audit Manager will also work closely with other audit managers and draw on their technical expertise to serve as a resource for matters that may arise in other audit engagements. The ideal candidate will be detail oriented and possess a strong understanding of internal audit concepts, excellent written and verbal communication skills, a comprehensive knowledge of certain bank functions and associated regulatory requirements, and experience with Sarbanes-Oxley 404 compliance testing.

Key Accountabilities

Planning and Completion of Audit Projects

Serves as a subject matter expert with advanced organizational, technical knowledge and auditing skills.
• Manages complex audits and provides oversight and feedback to all team members of the audit

• Prepares work plans including documents such as the Operational Scope Memo, Risk Control Assessment, and creation of audit program steps.

• Executes testing associated with the field work phase of the audit and ensures workpapers satisfy audit program steps and support the results of field work. Reviews evidence, root cause, and draft proposed audit observations and recommendations for improvement. In addition, reviews follow up work on audit report findings to ascertain that management implemented their corrective action plan timely.
• Creates audit reports and other outputs intended for audit clients including editing and integrating final work products and reports to support client review and discussion.

Special Projects

• Participate in special projects as requested by management. Examples include annual risk assessments, assisting external auditors and examiners or participating on selected committees.

Key Competencies for Position

Execution Leadership

Establish Plans & Priorities:

• Determines a course of action and establishes a timeframe to complete individual objectives and team goals.

Problem Solving:

• Identifies the root cause of identified issues by consulting with line of business personnel and subject matter experts. Demonstrates strong analytical and technical skills and manages complex tasks.

Drive and Execution:

• Self-motivated and takes initiative; proactively learns new skills and develops self for current performance and future growth; demonstrates a desire to learn and actively seeks ways to improve current methods, systems, processes, and procedures.

Culture Leadership

Communication:

• Exhibits strong communication skills with the ability to clearly articulate and convey information and ideas at all levels of the organization.
• Demonstrates an understanding of who will be affected by an issue or change and ensures all stakeholders are kept informed.

Collaboration:

• Actively seeks, develops, and maintains trusted relationships with others in the department and external to the department to achieve corporate business goals and objectives.
• Effectively identifies solutions by engaging different ideas, perspectives, and line of business expertise when analyzing a situation or developing a solution.
• Provides knowledge, information, ideas, and suggestions to accomplish mutual goals within the department and those external to the department.

Qualifications and Education Requirements

• Bachelor's Degree in Accounting, Finance, or business-related field.
• Ten or more years of audit or relevant banking or consulting experience.
• Professional certification (CPA, CIA, CISA, CRCM, CAMS, CISM, CFIRS, etc.) or advanced degree
• Knowledge of applicable banking regulations and regulatory guidance
• Strong communication and collaboration skills.
• Ability to work within strict deadlines.

The job level and compensation may vary based on experience.

Key Measures of Success/Key Deliverables:

• Serves as a role model relative to project management by placing an appropriate emphasis around the timing of deliverables, anticipating resource/deadline challenges, and meeting personal deadlines in support of the team.
• Consistently demonstrates an advanced level of business (e.g., products, processes, services) and organizational knowledge and takes steps to continuously update this understanding as it pertains to assigned business units.
• Provides strategic leadership to team through application of advanced competencies in technical skills, logical reasoning, and overall audit proficiency.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.