About Working at Commerce
Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.
Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.
Compensation Range
Annual Salary: $72,500.00 - $96,500.00 (Amount based on relevant experience, skills, and competencies.)As a member of the Internal Audit Department, you will be a trusted advisor and partner with the various lines of business. The Internal Audit Department will offer independent, objective, and risk-based assurance and consulting services that add value and identify solutions. Senior Internal Auditors should be skilled in auditing techniques and familiar with internal auditing standards. Depending on the level of experience, you may be considered for Senior Auditor or Audit Analyst.
About This Job
The main purpose of this job is to ensure the Bank’s management of controls and risks as well as adherence to policies and procedures through analysis and testing throughout specific lines of business.
Essential Functions
Lead projects of mid-level complexity, including determining details of work required and documenting project plans. Projects typically involve leading 2-4 auditors for a 6-8 week timeline.
Determine audit scope by incorporating knowledge from experience and existing audit documentation, completing process walk-throughs, evaluation of management’s strategic plans, discussions with business unit management, and overall evaluation of risk. Develop detailed audit steps based on results of scope evaluation and assign them to audit team members.
Provide guidance to employees regarding assignments and issues identified. Be willing and capable of answering day-to-day questions for team members. Manage team’s performance on completing assignments accurately and timely. Review work of team members to ensure they meet department standards and audit objectives.
Complete detailed test work on audits led or when working for others
Review and evaluate the quality of the documented processes and procedures that management has put in place to manage the risks that are most consequential to the company’s financial performance and reputation; while also ensuring they meet regulatory expectations
Find ways to use data analytics when evaluating controls and performing detailed audit procedures to improve the efficiency and effectiveness of assignments
Identify internal control strengths and weaknesses or accounting errors. While performing internal control testing, use experience to make judgments as to effectiveness of controls in both design and operation. Recognize unmitigated risks or controls that are deficient and make decisions as to risk rating assignment for the identified issues.
Communicate effectively with management regarding the scope of audit, on-going progress, and details on the identification of audit issues. Present issues and recommendations along with possible solutions to business unit management. Identify and communicate the root cause of issues.
Prepare audit reports that effectively summarize the scope and results of the audit. Monitor and review to ensure outstanding audit issues are properly resolved.
Perform special projects as assigned. Participate in significant business unit projects/consulting arrangements and periodically report status of projects to audit management
Monitor risk throughout the bank and complete risk assessments as part of annual audit planning
Perform duties assigned in a manner to maintain agreed upon productivity levels, allow for timeliness of audit reporting, meet time budget goals, and other department performance metrics set by management
Knowledge Skills & Abilities Required
Strong knowledge of audit standards
Ability to mentor team members with proven ability to achieve results through collaboration and teamwork
Independent thinker with strong decision-making skills
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel and Outlook
Education & Experience
Bachelor's Degree, preferably in Accounting, Business Administration, or Law, or equivalent combination of education and experience required. Master’s degree preferred.
4+ years of industry audit, public accounting and/or regulatory compliance required
Banking, trust or wealth management, and/or financial institution experience preferred
Data analysis experience preferred
Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or the ability to obtain, preferred
**Level of role is determined by knowledge, experience, skills, abilities, and education.
***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Senior Auditor & Audit Analyst job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $72,500 to $96,500 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.
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The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.
Location: 922 Walnut St, Kansas City, Missouri 64106Time Type:
Full timecommercebank