Join the Bank that shares success with others! As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather that the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with medical, dental, vision, flexible spending, Dependent Care, Child Care Subsidy, Retirement, Life Insurance and many other benefits.
The Staff Auditor performs operations and financial audits ensuring compliance with Bank policies and procedures. Implements testing and analysis procedures as set forth in the audit program. Monitors and reports on the Bank's compliance with established system of internal controls. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to clients and co-workers.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
Determines audit objectives, scopes, performs testing, documents results, formulates conclusions, makes corrective actions recommendations, and reports findings to management.
Reviews Loan files for quality and accuracy.
Follows the steps outlined in the Audit Program. Examines financial records and supporting materials. Documents procedures and results, and recommends further testing when warranted. Ascertains the assets are properly accounted for and safeguarded from loss.
Provides assistance and support to external auditors and Federal and Massachusetts bank examiners. Prepares schedules, obtains documents and so forth.
FDICIA controls. Implements prescribed testing procedures. Updates the Internal Controls Documentation. Reports on exceptions found in control testing. Recommends changes in the Bank's internal controls procedures when warranted.
Conducts entrance and exit interviews with management and effectively communicates department's objectives, scopes procedures, findings, and recommendations.
Manages audit requests from regulatory examiners.
Develops and reviews implementation of new or revised internal audit policies, methods and procedures.
Develops recommendations for management to enhance adequacy, efficiency and effectiveness of operating procedures and controls.
Tracks and thoroughly documents audit findings and management's remediation plans and follows up on them through completion.
Determines Bank's compliance with prescribed policies and procedures and federal and state regulatory requirements.
Bachelor's degree with degree in finance or accounting preferred.
Minimum 2 years of internal or external audit experience with strong background in banking and loan reviews.
Strong knowledge in application of internal audit theory, standards, procedures, and techniques.
Strong knowledge of accounting principles and techniques.
Excellent spreadsheet software skills.
Strong verbal and written communication skills.
Ability to develop and maintain positive relationships with auditees.
Ability to work independently on projects, or as part of a team, as needed.
Loan review experience.
Internal Number: 1802
Making Connections. Sharing Success.
South Shore Bank was founded with the idea that the most valuable, most enduring success is shared success.
As a locally managed mutual bank, we’re driven by the needs of communities rather than the demands of investors. And every day, we serve as a trusted advisor to the people, businesses and organizations that make those communities stronger.
From baseball diamonds to classrooms to Rotary Clubs, we make valuable connections that guide everything we do.
Through philanthropy, volunteerism and sponsorship, we’ve turned our mission into meaningful impact — enabling us to help spark positive change in the places we live and work
And through innovative tools, trusted resources and keen insight, we help every client navigate their unique journey and overcome their unique challenges.
Our goals are the goals of our neighbors, their families and the businesses around us.
Our purpose is to help them strengthen and support the communities we share.
Our success is their success.
At South Shore Bank, a bright future is the bottom line. And by working together can we create it.
Read our Frequently Asked Questions to learn more.
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