Staff Auditor

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.