Auditor or Sr Auditor -Financial & Shared Services
Flagstar Bank FSB

Troy, Michigan

Posted in Banking


This job has expired.

Job Info


Job Summary
The Financial/Shared Services Senior Auditor will be responsible for executing audit activities, as assigned. This person will ensure that internal controls are in compliance with policies, procedures, agency guidelines, and laws while supervising audits and internal audit staff. This position requires experience in the audit and/or risk management profession. In addition, strong written and oral communication is required in order to effectively undertake sophisticated audits which are material to FSB.
Responsible for supervising organizational audits; developing and maintaining positive relationships with auditees; coordinating with FSB Internal Audit leadership and staff; exercising professional auditor judgment; ensuring quality in compliance with regulatory and Institute of Internal Auditors professional guidance (the IPPF); maintains objectivity and independence in forming audit conclusions and reports
Areas of Financial expertise will include but not be limited to: Financial Accounting and Reporting, Accounts Payable, Fixed Assets, Forecast and Budgeting, Asset Liability Management, Corporate Tax, Liquidity and Investments, Capital Planning and Current Expected Credit Loss (CECL).
Areas of Shared Services expertise will include: Enterprise/Operational Risk Management, Human Resources, Third Party Management, Automated Clearing House (ACH), Legal Operations and Corporate Governance.

Job Responsibilities:

  • Document, review, perform testing, evaluate, and communicate on the organizations systems of internal controls to ensure adherence to policies and procedures, agency guidelines and applicable statutes, and regulatory requirements.
  • Work with department management and designated employees on audit objectives and manage the audit planning process, including announcement memo, audit scope, and work paper assignments.
  • Coordinate audit communications throughout the audit, including planning memos, opening meeting, status update meetings, and exit meetings. Perform wrap up activities, including work paper detailed (1st level) review, compiling audit reports and audit finding follow-up.
  • Researches issues and makes recommendations to improve policies or procedures accordingly.
  • Collaborate and leverage resources to maximize audit effectiveness & efficiency and enhance staff development.
  • Ensure compliance with applicable federal, state and local laws and regulations. Complete all required compliance training. Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Take responsibility to keep up to date with changing regulations and policies.

Job Requirements for Auditor:
  • Bachelor's Degree required. Field of study preferred in Accounting, Finance, Technology, or related field
  • CIA or CPA Certifications Preferred
  • Minimum of 3 years of experience working in internal audit, bank operations, financial, risk, or similar type of function required for Auditor role.
  • Minimum of 5 years of experience working in internal audit, bank operations, financial, risk, or similar type of function for Sr Auditor role.
  • Financial institution industry experience is highly preferred.
  • Thorough knowledge of Bank/Corporate operating policies and procedures and Federal and State regulations.
  • Previous experience working with a public accounting firm is preferred.
  • Ability to supervise staff, when needed.
  • Excellent interpersonal communication skills (written & verbal).
  • Excellent quantitative and analytical skills.
  • Strong organizational skills.
  • Requires significant independent thinking - interprets and adapts from established practices.
  • Travel: 0 to 10%

Internal Use Only: Band F for Sr Auditor and Band G for Auditor

Job Requirements for Sr Auditor:
  • Master's degree in a related field is preferred.
  • Bachelor's degree required; field of study preferred is Accounting, Finance, Business Administration or a related field.
  • CIA, CPA, CISA, CRCM or CFE Certifications Preferred
  • Minimum of 5 years of experience working in internal audit, bank operations, financial, risk, or similar type of function.
  • Financial institution industry experience is highly preferred.
  • Thorough knowledge of Bank/Corporate operating policies and procedures and Federal and State regulations.
  • Previous experience working with a public accounting firm is preferred
  • Ability to supervise staff, when needed.
  • Excellent interpersonal communication skills (written & verbal)
  • Excellent quantitative and analytical skills.
  • Strong organizational skills.
  • Requires significant independent thinking - interprets and adapts from established practices.
  • Up to 10% travel required

Internal Use Only: Band G for Auditor and Band F for Sr Auditor


This job has expired.

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