Job Description

Job Description

Job Description

Position Summary:

As an Internal Auditor, you will be responsible for performing operational, financial, and compliance audits to assess the effectiveness of processes and controls while ensuring compliance with applicable laws, regulations, policies, and procedures. This role involves identifying and evaluating risks that could impede the Bank's ability to achieve its objectives and collaborating with departments and teammates to gather relevant audit information and analyze evidence. By identifying risks, process gaps, and control weaknesses, you will provide independent and objective conclusions that support sound decision-making. You will also communicate the scope, findings, and actionable recommendations of audits to management and the Audit and Examination Committee, contributing to the Bank's overall risk management and operational efficiency.

In addition, our FIRST Values apply to all teammates without exception.

FIRST Values

• Family – We support, trust, and respect each other, our customers, and our shareholders.
• Independence & Innovation – We embrace change as vital to our success.
• Relationships – We build relationships that are based on strong character, mutual loyalty, trust, and respect.
• Stewardship – We take care of ourselves so we can take care of others.
• Teamwork – We help each other grow and succeed.

Who we are:

The First National Bank in Sioux Falls began its long-term commitment to the Sioux Falls area in 1885. The oldest bank in Sioux Falls owes its longevity to a combination of service, stability, innovation, and family involvement. Over the past 140 years, The First National Bank in Sioux Falls has worked diligently to promote the growth and vitality of our city and the surrounding area. The Bank strives to continually be recognized as a community leader by reinvesting financial resources back into the communities it serves and encouraging active employee involvement in community volunteer organizations.

The First National Bank Way, which is a blend of our Mission Statement and FIRST Values, serves as the foundation of our culture. It is a gift that has been passed down to us and is the legacy that we will protect and preserve. Nothing is more important to us – it is the cornerstone of our success.

Our culture is driven by integrity, service, and strong values; nothing has shaped it more than our FIRST Values.

Our FIRST Values are not just words; they are truly felt by our employees, customers, shareholders, and communities. They tell us who we are as a business and guide our behaviors and decisions as we move forward and build successful relationships.

Although banking has evolved over the years, our mission and values have not and will not change.

What will you do:

Accountabilities

Perform Audit

Independent, objective assessment of the organization’s operations to determine the effectiveness of risk management, control, and governance processes.

• Assist in determining the scope of audits based on risk assessments, prior audit results, emerging risks, and established objectives.
• Review relevant evidence during audits and FDICIA testing to determine effectiveness of controls and processes.
• Evaluate adherence to internal policies, procedures, and regulatory requirements.
• Document testing and analyses to support audit objectives and conclusions, ensuring that documentation is complete, accurate, relevant, and reliable.
• Collaborate with management to ensure relevant risks are incorporated in the audit scope and effective controls and processes are implemented.
• Utilize open ended questions and active listening to obtain sufficient information for use in analysis.
• Analyze risks, controls, and audit evidence identified through testing to develop an unbiased conclusion based on relevant facts.
• Prepare preliminary audit reports and draft findings for review by Senior Auditors and Audit Manager.

Communication

Communicate in a way that aligns with FIRST values, promotes collaboration, and supports a positive workplace culture.

• Effectively convey information through various channels used throughout the Bank.
• Communicate audit results and recommendations to management in a clear and concise manner.
• Work closely with other departments to understand their processes and assist in implementing corrective actions based on audit findings.

Qualifications

Secondary education in related field preferred. One or more years of relevant work experience or a combination of education/experience that would enable incumbent to meet accountabilities and required competencies of the position. Experience with internal or external audit or examination and/or financial services preferred.

Skills and Abilities

• Excellent verbal and written communication skills.
• Ability to maintain positive rapport with a wide range of individuals.
• Demonstrate being goal-oriented and self-motivated.
• Demonstrate strong problem-solving, decision making, analytical, and critical thinking skills.
• Ability to adapt to the needs of the organization and teammates.

What’s in it for you?

• Health Insurance
• Dental & Vision Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company paid short and long term disability
• Tuition Reimbursement Program
• Employee Banking Perks
• Community Volunteer time
• And More!

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