Audit Senior Associate - Risk Management

at  Simmons Bank

It’s fun to work in a company where people truly BELIEVE in what they’re doing!
We’re committed to bringing passion and customer focus to the business.
Audit Senior Associates are given a wide variety of diversified auditing assignments, some of which may be complex and specialized, under the supervision of different professionals. Additional responsibilities include assisting in the development of internal audit procedures and scopes; preparing and presenting during internal audit kick-off and exit meetings with management, and reflecting the results of work performed in internal audit reports. Performance is judged based on the quality of work, application of banking and audit knowledge, and ability to meet time constraints.

Essential Duties and Responsibilities:

• Performs diversified auditing assignments some of which may be complex and specialized in nature.
• Documents work performed through documenting processes and procedures, preparing supporting workpapers, and summarizes any findings.
• Proofs schedules, calculations, work papers, reports, and other documents provide by the business unit.
• Ensures all assigned documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Prepares written reports and/or sections to be included in a report.
• Monitors management’s response to any internal or external audit findings for assigned projects.
• Performs other duties as needed in projects and as assigned by supervisory personnel.
• Develops relationships with business units and provides high quality client service. Adding value to the Bank is an integral part of the job requirements.
• Learns through direct supervisor proper delegation, prioritization and management of workload and demonstrates ability to properly delegate and manage workload.
• Works independently with limited required direction and guidance and provides appropriate direction to other internal audit associate team members.
• Demonstrates competency in technical skills, work quality, and application of professional standards.
• Meets time constraints and expectations in the timing of deliverables.
• Participates in planning and wrap up of projects, including presenting during kick-off and exit meetings.

Other Responsibilities

• Pursues professional development opportunities, including external and internal training and professional association memberships and shares information gained with management.
• Assumes individual responsibility to learn all new technology introduced by the Bank as appropriate for Internal Audit.
• Serves as a new hire side-kick.
• Such other duties as may be assigned.
• Encouraged to join a community and/or professional association with Manager approval prior to joining.

Career Track Guidelines:

• Performs all duties described above.
• Develop technical proficiency and competence.
• Work effectively as part of the Internal Audit team.
• Contribute to positive work environment by assisting other Senior Associates, Associates and Interns.
• Gain thorough understanding of the business units and develop rapport with those units.
• Demonstrate an understanding of appropriate business etiquette, including proper dress and business correspondence.
• Seek to learn through training and individual study.
• Actively participate in department community involvement program.

Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirement list below is representative of the knowledge, skill, and/or ability required.

Skills:

• Ability to read and interpret documents such as procedures manuals, general business correspondence and/or journals or government regulations.
• Ability to read, analyze and interpret financial reports and/or legal documents.
• Ability to write simple correspondence, routine reports and business correspondence.
• Ability to effectively present information in one-on-one and small group situations, to customers, clients and other employees in the organization.
• Ability to effectively present information to management and Internal Audit Department during staff trainings and round tables.

Education and Experience:

• Bachelor’s degree in Business Administration or Accounting preferred, and
• 3+ years of applicable work experience in Auditing Risk Management functions, such as Bank Regulatory Compliance, Fair Lending, Model Risk Management, Fraud, BSA and/or Enterprise Risk Management demonstrating a progression in complexity and number of projects supervised.

Certifications:

• Working towards obtaining CPA, CIA, CISA, CFE or CRMA certifications preferred.
• Not required; however, if CPA, must be a member in good standing with the AICPA and respective state societies.

Other Qualifications:

• Understanding of internal auditing standards, COSO and risk assessment practices.
• Understanding of the technical aspects of accounting and financial reporting.

Other
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person’s race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Simmons First National Corporation and its subsidiaries are committed to Affirmative Action Programs consisting of results-oriented procedures to ensure equal employment opportunities. These programs require positive action in lieu of neutral non-discrimination and merit hiring/performance policies

Essential Duties and Responsibilities:

• Performs diversified auditing assignments some of which may be complex and specialized in nature.
• Documents work performed through documenting processes and procedures, preparing supporting workpapers, and summarizes any findings.
• Proofs schedules, calculations, work papers, reports, and other documents provide by the business unit.
• Ensures all assigned documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Prepares written reports and/or sections to be included in a report.
• Monitors management’s response to any internal or external audit findings for assigned projects.
• Performs other duties as needed in projects and as assigned by supervisory personnel.
• Develops relationships with business units and provides high quality client service. Adding value to the Bank is an integral part of the job requirements.
• Learns through direct supervisor proper delegation, prioritization and management of workload and demonstrates ability to properly delegate and manage workload.
• Works independently with limited required direction and guidance and provides appropriate direction to other internal audit associate team members.
• Demonstrates competency in technical skills, work quality, and application of professional standards.
• Meets time constraints and expectations in the timing of deliverables.
• Participates in planning and wrap up of projects, including presenting during kick-off and exit meetings

Other Responsibilities

• Pursues professional development opportunities, including external and internal training and professional association memberships and shares information gained with management.
• Assumes individual responsibility to learn all new technology introduced by the Bank as appropriate for Internal Audit.
• Serves as a new hire side-kick.
• Such other duties as may be assigned.
• Encouraged to join a community and/or professional association with Manager approval prior to joining