Reports to: VP, Senior Audit Manager
Location: Pittsfield, MA, Albany, NY, or East Syracuse, NY
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Auditors ensure that the organization is held accountable to its stakeholders and shareholders. As such, internal auditors are key to the organization's success.
The Associate Auditor is responsible for completing financial, operational, and compliance audits; identifying inadequate, inefficient or ineffective internal controls; recommending corrective action; and ensuring compliance with policies, procedures and all applicable laws and regulations. Position assists in the preparation of auditing work papers and draft reports, is responsible for maintaining appropriate records of examinations and providing follow-up for open audit issues.
This position requires discretion and tact in handling confidential and sensitive information relating to overall Berkshire Hills Bancorp policies and operations, specific divisions and departments, personnel, and/or clients. The Associate Auditor must remain independent from management and operational duties while exercising significant professional judgment regarding the interpretation of issues and requirements in an environment of change and complexity.
Examine management records, reports, and other documentation to ensure compliance with policies and procedures and to ensure appropriate controls are in place and working in a manner to mitigate inherent operational and financial risk within the audited area.
Assess and evaluate whether the organization's policies and procedures support ethical operations and whether there are processes in place to mitigate any threats and risks to the organization's integrity and ethical reputation.
Assess internal controls to identify potential weaknesses and areas of non-compliance.
Prepare detailed and thorough audit workpapers that fully support the conclusion reached, including reporting audit observations and recommending corrective action.
Communicate audit results to management through a written observation summary and assist with drafting the audit report.
Participate and present at audit exit meetings with management.
Ensure that audit programs and other audit tools are current and reflect regulatory requirements.
Participate in department walk-throughs.
Perform SOX control testing.
Work with management to ensure timely and proper implementation of any corrective actions.
Perform other internal audit clerical duties as needed.
The Associate Auditor must remain independent and objective in performing their work.
In addition to internal bank policies, the Associate Auditor must comply with the Institute of Internal Auditor's (IIA) Standards and Code of Ethics and possess a high level of trust and integrity within the organization.
The Associate Auditor must be eligible to seek and/or obtain professional certifications related to the internal audit, risk management, compliance, accounting/finance, or similar.
The Associate Auditor must be comfortable offering insight and advice on banking practices and internal controls to other members of the organization.
Assist with fraud investigations or other confidential investigations.
Must be willing to travel to regional locations from time-to-time.
Degree from an accredited college or university in a related field (Accounting, Finance, Business Management, etc.) is preferred and/or the ability to demonstrate related work experience without a degree in a related field.
Certification in one or more of the following: CIA, CFE, CISA, CPA, CRCM, CAMS or CFSA designation is preferred but not required.
Skills & Knowledge:
Strong analytical and organizational skills.
Working knowledge of computer programs such as Word, Excel, and Access.
Strong written and verbal communication skills.
Knowledge of internal controls, financial terminology and bank documentation requirements.
Ability to communicate with various levels of staff and management.
Ability to manage scheduling and deadlines.