Senior Auditor - Finance/Operations

First Republic (CA) 122 Reviews – San Francisco, CA
Apply on Glassdoor Posted 30+ days ago

Job Description

As a member of our Internal Audit team, the Senior Auditor Finance/Operations is responsible for assisting with planning and conducting financial and operational audits as well as providing control consultation on risks and controls throughout the Bank and its subsidiaries.

  • Assist in the planning stages for key segments of audits by reviewing available information and data, assessing both risk and regulatory requirements and designing audit programs.
  • Administer, execute, and at times lead financial and operational audits including, but not limited to, a) audit team pre-planning, b) scheduling and leading kick-off meeting, c) general administration such as coordinating with Risk Administrator for workspace, badges, logistics, d) performing audit testwork using appropriate auditing methodologies and data analysis, e) effectively managing resources assigned to audit project, f) monitoring inflow and review of audit workpapers for quality and adherence to standards, g) set-up and administer weekly audit status meetings, h) drafting initial audit report, i) ensuring timely issuance of report, and j) conducting remediation testing for identified issues.
  • Provide assistance to external auditors by responding to general audit questions, supporting their efforts to rely on Internal Audit work, assisting in the annual confirmation process, and as needed.
  • Develop draft audit reports by identifying and gathering support for potential issues, ensuring findings are appropriately documented, and recommending value-added solutions.
  • Ensure the overall quality, consistency, risk management and adherence to department and professional standards and identify opportunities for audit process improvement.
  • Establish and maintain strong relationships with business unit management.
  • Remain current and increase knowledge of regulatory requirements that impact the organization, as well as in the areas of internal control, accounting, business, company products and company information.
  • Support management initiatives and perform administrative responsibilities as needed.
  • Assist in special projects and non-finance and operations related audit projects as needed; perform other duties as assigned.
  • Perform duties & responsibilities specific to department functions & activities.
  • Perform other duties & responsibilities as required or assigned by supervisor.
  • Responsibilities include the following: 1) adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), 2) adhering to Bank policies and procedures, 3) completing required training, 4) identifying and reporting potential suspicious activity to the BSA/AML Officer, and 5) knowing and verifying the identity of any customer(s) who enters into a relationship with the Bank is known and verified.

KEY SKILLS, KNOWLEDGE AND ABILITIES:

  • 5+ years of Audit experience with an accounting firm or in an internal audit role within the banking or financial services industry
  • Sound knowledge and experience in compliance audit
  • Internal control or risk management related experience
  • Knowledge of Banking and Finance Services Industry
  • BS/BA degree in related field
  • Self-starter who excels at learning new processes and business functions
  • Excellent written and verbal communication skills
  • Excellent presentation skills
  • Detail-oriented with excellent organization skills
  • Ability to critically analyze and assess the adequacy of internal controls and opportunities for process improvements and efficiency gains
  • Creative approach to problem solving in a dynamic environment
  • Experience leading or managing audit engagements with assigned staff
  • Ability to multi-task and work on multiple projects simultaneously
  • Advanced level of PC skills with Microsoft Office applications
  • Demonstrated integrity within a professional environment
  • Professional certifications, such as CPA, CIA, CISA, CFE, etc. preferred
  • Team player
  • History of providing extraordinary service
  • Furthers the First Republic Bank culture and values


MENTAL/PHYSICAL REQUIREMENTS:

  • The ability to learn and comprehend basic instructions; understand the meanings of words and respond appropriately; and perform basic arithmetic accurately and quickly
  • Vision must be sufficient to read data reports, manuals and computer screens
  • Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person
  • Speech must be coherent to clearly convey or exchange information, including the giving and receiving of assignments and/or directions
  • Position involves sitting most of the time, but may involve walking or standing for brief periods of time
  • Must be able to travel as position requires; approximately 10%
  • May be required to lift 15-25 lbs.

 

First Republic (CA) Reviews

3.6
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Approve of CEO
First Republic (CA) Chairman and CEO James H. Herbert II
James H. Herbert II
86 Ratings
    1. Featured Review

      Helpful (12)

      A great place to learn and do fulfilling work

      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Data Manager in San Francisco, CA
      Current Employee - Data Manager in San Francisco, CA
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at First Republic (CA) full-time (More than 3 years)

      Pros

      I have been here for 4+ years. FRB is "not just another bank" - it is a very successful, greatly respected full service financial firm that has retained many positive qualities of a start-up or a family business. 1. Our attention to customers and clients is off the chart 2. Very, very flat organization - I can approach anyone with an idea or a contribution 3. Cafe - from Wolfgang Puck 4. Pay for performance 5. You get your birthday off (I don't know of any other finance firm that offers something like that) 6. I get to work every day with very smart, very committed, very focused people

      Cons

      1. The pain associated with growth - we have grown explosively since we became independent in 2010 2. Management can trend too conservative sometimes, but I see it improving - they are becoming more open minded and aware what they need to do to be a competitive employer

      Advice to Management

      1. Maintain the relentless focus on the client and their experience - it is absolutely what distinguishes us 2. As we grow, recognize we will need more and different structural tools (budgets, employee education opportunities) 3. Continue to hold fast to the FRB Values (which are exemplary) and if a concept or situation does not pass Values scrutiny, move on


    2. Good place to be challenged and grow your skillset

      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Technical Support Specialist in Monroe, CT
      Former Employee - Technical Support Specialist in Monroe, CT

      I worked at First Republic (CA) full-time (More than 3 years)

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      Pros

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      Cons

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      Advice to Management

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    3. Good place to work for.

      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Project Management Consultant in San Francisco, CA
      Current Employee - Project Management Consultant in San Francisco, CA

      I have been working at First Republic (CA) (Less than a year)

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      Pros

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      Cons

      Etiam posuere quam ac quam. Maecenas aliquet accumsan leo. Nullam dapibus fermentum ipsum. Etiam quis quam. Integer lacinia. Nulla est. Nulla turpis magna, cursus sit amet, suscipit a, interdum id, felis. Integer vulputate sem a nibh rutrum consequat.

      Advice to Management

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    4. See more reviews on company profile (122)