Internal Audit Manager

4 days ago


Seville, Ohio, United States Westfield Bank Full time
Job Summary

The Internal Audit Manager will be responsible for maintaining a comprehensive and effective internal control program for Westfield Bank. This includes assessing the adequacy of design and operating effectiveness of internal controls, addressing not only the reliability for financial reporting but also the effectiveness and efficiency of operations, compliance with applicable laws and regulations, and safeguarding of assets.

This role will be responsible for managing the ongoing development and maintenance of the program by creation of a comprehensive control testing plan. This position will manage the work of the Bank's internal audit vendor on internal audit, regulatory compliance, information technology, and key control testing consulting services and ensure testing is completed accurately and timely, and results are presented to senior leadership.

The Internal Audit Manager will also be responsible for coordinating with the external auditors on controls and testing reliance, and will maintain direct, regular communication with the Audit and Risk Committee (ARCO) and escalate concerns in a timely fashion.

This is a critical role that requires a strong understanding of business and financial risks and internal control environment present in an organization, as well as effective leadership behaviors including integrity and trust, accountability, shared ownership and communication, respect, and teamwork/collaboration.

Key Responsibilities
  1. Develop and implement a comprehensive internal control program that ensures the reliability of financial reporting and the effectiveness and efficiency of operations.
  2. Manage the ongoing development and maintenance of the program by creation of a comprehensive control testing plan.
  3. Manage the work of the Bank's internal audit vendor on internal audit, regulatory compliance, information technology, and key control testing consulting services.
  4. Coordinate with the external auditors on controls and testing reliance.
  5. Maintain direct, regular communication with the ARCO and escalate concerns in a timely fashion.
  6. Develop and maintain a strong understanding of business and financial risks and internal control environment present in an organization.
  7. Apply effective leadership behaviors including integrity and trust, accountability, shared ownership and communication, respect, and teamwork/collaboration.


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