Senior Auditor 2

Job Summary

The Senior Auditor 2 supports the Audit Manager/Senior Manager in the completion of the annual audit plan by planning and conducting internal audit projects, performing auditor in-charge responsibilities, and conforming to the Internal Audit Charter and Standards.

Essential Duties

• Plan, execute, and report on results of assigned audits, including the following:
  1. Develop and/or update audit programs, checklists and/or guides.
  2. Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations.
  3. Prepare process narratives, flow charts and descriptions of internal controls.
  4. Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors.
  5. Compile and analyze audit issues identified in the audit.
  6. Identify improvement opportunities and develop recommendations for corrective/improvement action plans.
  7. Review work of assigned auditors.
  8. Prepare audit reports.
  9. Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues.
• Develop and/or update audit programs, checklists and/or guides.
• Design, perform and document internal controls walkthroughs and testing to assess the adequacy and effectiveness of controls, compliance with laws and regulations, and efficiency/effectiveness of operations.
• Prepare process narratives, flow charts and descriptions of internal controls.
• Prepare comprehensive, clear, and concise audit work paper documentation that is free of grammatical errors.
• Compile and analyze audit issues identified in the audit.
• Identify improvement opportunities and develop recommendations for corrective/improvement action plans.
• Review work of assigned auditors.
• Prepare audit reports.
• Conduct meetings with management upon commencement and completion of engagements to discuss scope and significant audit issues.
• Effectively perform auditor in-charge responsibilities (i.e., planning, work paper documentation, report preparation, etc.).
• Effectively utilize down time, identify issues requiring research, and effectively research using appropriate resources.
• Assist with various operations level work efforts including integrated audits and the annual risk assessment update.
• Assist with the quarterly continuous monitoring and quarterly/and annual risk assessment update.
• As directed by the Audit Manager/Senior Audit Manager, assist external auditors and regulators in the execution of their audits/examinations.
• Complete all assignments within established timetables to enable the issuance of all audit reports and other deliverables by the applicable deadlines.
• Maintain a professional development plan to continually enhance audit skills and to meet annual training requirements.

Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering, OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements.   This position will elevate suspicious activity to supervisory staff and/or BSA department.  Completes compliance and other technical training workshops as assigned.

Non-Essential Duties

• Be familiar with Bank’s practices, policies, and culture.
• Perform other duties as assigned.
• Working knowledge of IT processes and principles preferred.

Required Knowledge

• Sound judgment, integrity and commitment to ethical behavior.
• Ability to maintain confidentiality and treat sensitive information with discretion.
• Excellent interpersonal and communication skills.
• Understanding internal auditing standards, COSO, and risk assessment practices, audit principles, and awareness of Global Internal Audit Standards.
• Compliance related experience and/or ability to understand regulatory agency requirements.
• Proficiency with MS Office products.
• Strong analytical skills and attention to detail.
• Ability to work independently, with limited direction and guidance.
• Detail oriented, accurate, and organized.
• Strong time management skills.
• Ability to provide periodic feedback to staff auditors.
• Knowledge of risk management principles and practices in banks.
• Ability to work independently, with limited direction and guidance.
• Ability to effectively manage multiple projects simultaneously.
• Flexible and able to adapt quickly to changing work environments, priorities and tight deadlines.

Equipment Operated

• Desktop/laptop Computers 
• Standard Office Equipment

Physical Requirements & Work Environment 

• Requires sitting for prolong periods of time.
• Requires lifting up to 10 pounds.
• Hybrid work schedule available.
• Office setting w/controlled temperature. 
• Requires periodic travel to local offices/branch locations.

Education And Experience

• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or other related certification highly preferred.
• BS or BA Degree required, preferred majors in Accounting, Business Administration, Finance, Information Systems or Economics or equivalent work experience required.
• Five or more years of financial service industry experience required in: internal audit, public accounting, risk management, regulatory agency or related experience.
• Large/Regional banking experience is strongly preferred.
• Experience with audit software is preferred.
• Supervisory experience preferred.
• Experience in data analytics preferred.
• Work experience with IT Audit knowledge preferred.
• Working knowledge of AuditBoard, Jack Henry (Silverlake/Xperience), COGNOS a plus.

Corporate

Essential Duties

• Corporate internal audits include Lending, Credit Administration, Model Risk Management, Vendor Management, Enterprise Risk Management, Corporate Governance and Strategy, Capital Planning, Peer Analysis, Capital Ratio and Stress Testing.
• Maintain appropriate knowledge of corporate areas.

Education & Experience

• Certified Risk Management Assurance (CRMA), Credit Risk Certification (CRC), Chartered Financial Analyst (CFA), Certified Third Party Risk Professional (CTPRP), Certified Third Party Risk Assessor (CTPRA), or other related risk management certifications preferred.

 This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.

Farmers and Merchants Bank of Long Beach reserve the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.

September 18, 2025