Senior Auditor
Job Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it’s our mission and our purpose. The Senior Auditor will prepare, plan, and execute assigned audits in accordance with accepted audit standards, including more extensive and complex audits covering consumer and business banking, ACH services, bank lending and operation functions, as well as consumer compliance and AML/BSA functions. This position is responsible for performing reviews designed to ensure that established financial, operational and compliance practices, and the related controls, are designed and operating effectively. This position is responsible for assisting in the creation, and execution of the audit programs according to the established risk-based audit methodology, directing staffing resources to complete the audit plans as scheduled, generating final audit reports for internal and regulatory agency review, and conducting thorough follow-up audits on previously identified issues. The incumbent will provide assistance to the Audit Supervisor, Audit Manager and, as needed, the Chief Auditor to ensure overall compliance with applicable banking laws and regulations, as well as conducting Sarbanes-Oxley Section 404 compliance reviews/activities. In addition, the incumbent will provide year-end internal audit assistance to the independent public accountant/ external auditors. The Internal Audit function is an independent function, responsible for examining and evaluating business activities and related risk for the purpose of ensuring regulatory compliance, safeguarding company assets, and improving its systems of financial and operational controls. Job Responsibilities : Conducts or assists in performing examinations of assigned organizational and functional activities within budgeted time frames and in accordance with departmental standards as stated in the Audit Manual. Completes the more complex assignments during examinations. Performs audit work, including plan preparation, completion of workpapers over more complex audit areas, such as estimates and judgmental controls; preparation of deficiency language and analysis, and associated reports that reflect the audit results. Appraises or assists in appraising the adequacy of corrective action taken to improve deficient conditions. Provide direction to Internal Audit Staff. These activities include: providing guidance on the evaluation of the adequacy of the Company’s internal control environment including potential audit findings, planning audits; and initiating project planning. Prepares/revises or assists in the preparation/revision of audit programs and related information and makes suggestions to Audit Management regarding applicable changes to banking laws and regulations. Manages performance of audit assignments, reviews workpapers; drafts and edits reports prepared junior staff. Assists with the Independent Public Accounting firm's annual audit of the Corporation. Develop and maintain effective working relationships with all levels of management and the with external auditors. Effective coordination of Sarbanes-Oxley 404 requirements to maintain internal controls to ensure the identification of significant accounts, processes, assertions and risks, the identification and evaluation of the control design, the performance of tests and controls and the overall assessment of financial reporting and internal controls. Keeps abreast of Company policies and procedures, current developments in accounting and auditing professions, and changes in local, state, and federal laws, as applicable. Effectively manages time to achieve annual goals. Train inexperienced staff, as needed. Performs other duties as assigned to meet business needs. Minimum Qualifications: Bachelor's Degree, and at least 3-6 years of experience in auditing, testing or related activities. Must have a minimum of 3-6 years of progressive testing, audit or bank internal audit experience or independent public accounting experience. Preferably, maintains a Professional Certification or licensure, such as CIA, CRCM, CPA, CAMS, CFSA, etc. Sound knowledge in a broad range of internal control concepts regarding the financial, operational and data processing areas of a financial institution. Extensive understanding of operational and accounting control procedures, methods and philosophies in a banking environment. Detailed knowledge of federal banking laws and regulations, including consumer banking compliance regulations and other regulatory requirements such as (HMDA, Reg B/ECOA, RESPA, Reg Z/Truth in Lending, Service Member Relief Act, Anti-Money Laundering, Bank Secrecy Act, OFAC), operational risk and compliance preferred. Knowledge of auditing standards, procedures and related techniques. Ability to work effectively with diverse populations. Ability to train Associates, to include organizing, prioritizing, and scheduling work assignments. Ability to communicate effectively, both orally and in writing. Ability to analyze and solve problems. Display a strong level of integrity and ethics. Display a strong level of analytical skills, and the ability to evaluate data to make informed decisions. Ability to motivate others and promote teamwork. Proficient in MS Office products. Ability or experience with the use of automated workpapers. In-depth understanding of the COSO framework, as well as an understanding of public companies reporting requirements under Section 404 of the Sarbanes-Oxley Act of 2002. Ability to integrate and balance priorities, work activities, and resources. Ability to foster a cooperative work environment. Effectively deploys and manages resources to achieve objectives. Ability to enhance personal, professional, and business growth through new knowledge and experiences. Salary Range: $62,918.00 - $103,365.50 Individual base pay may vary on additional factors such as the candidate’s experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs. In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate’s location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/ WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at [email protected] . WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
