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OceanFirst Bank Internal Auditor in Red Bank, New Jersey

Position : Internal Auditor

Location : Red Bank, NJ

Requisition ID: : 4059

At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we foster an environment of respect, professionalism and diversity that makes OceanFirst a great place to work and do business.

Great benefits include: on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed (3 days in office, 2 days remote), employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community!

PRIMARY PURPOSE:

The Internal Auditor is responsible for completing financial, operational and compliance audits of the Bank in accordance with internal controls, policies and procedures and regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Performs financial, operational and compliance audits as assigned in accordance with the audit plan.

  • Prepares audits with objectivity, integrity, independence, accuracy and completeness, conducts interviews, completes audits within budgeted hours.

  • Perform appropriate research to gain a basic knowledge and understanding of Bank products, departments and regulatory requirements.

  • Evaluates the adequacy and effectiveness of internal controls within the audit performed. Informs audit management of risks identified.

  • Prepares complete and accurate workpapers throughout the audit process.

  • Completes audits independently in accordance with audit procedures and IIA guidance.

  • Discusses preliminary audit findings with the appropriate levels of management.

  • Participates in meetings with appropriate bank personnel to finalize the audit and prepares written audit comments of inclusion in the audit report.

  • Provides assistance to external auditors as requested.

  • Performs Sarbanes Oxley Testing.

  • Actively seeks to learn about current business and audit issues related to assigned area of banking industry specialization.

  • Participates in special projects, such as research and analysis of issues and assistance in the review of new systems or procedures, as requested.

  • Understands compliance with all regulations governing the banking industry, as well as agency guidelines and organization policies.

  • Understands the compliance requirements for Audit to ensure files are maintained in accordance with regulations.

JOB SPECIFICATIONS:

Knowledge, Skills & Abilities

  • Knowledge of generally accepted accounting principles and auditing standards.

  • Understanding of internal auditing standards and principles as it applies to a business entity.

  • Working knowledge and understanding of banking rules, regulations, and operations.

  • Be able to speak clearly and logically using well thought out ideas, concise statements and open-ended questions when interviewing auditees and discussing findings with management.

  • Average clear and concise writing skills to write narratives for work papers, conclusions associated with work papers, exception summary sheets, and draft audit reports.

  • Excellent analytical, problem solving and decision-making skills.

  • Proficient PC and software skills.

Experience & Education

⦁ Bachelors degree with a concentration in Business, Accounting or Finance. Pursuit of an advanced degree and related certifications is preferred.

⦁ Minimum of two years aggregate, related experience.

Internal and External Contacts

⦁ Internal contact with all levels of management and Branch personnel.

⦁ External relationships with outside accounting firms.

Working Conditions/Physical Requirements

Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.

For Recruiting Agencies

OceanFirst Bank does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the OceanFirst Bank Talent Acquisition Team has granted authorization for submissions regarding a specified position. Please do not forward resumes to us, OceanFirst Bank employees or any other company location. OceanFirst Bank is not responsible for any fees related to unsolicited resumes.

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