Head of Internal Audit

Job Summary

The Leader of Internal Audit is a partner in the third line of defense of bank governance. The effectiveness of this role is defined by a blend of technical expertise, ethical leadership, and interpersonal acumen. As a steward of trust and accountability, this role must anticipate risk, champion excellence, and foster a culture of integrity. It is responsible for providing leadership, guidance, management and actively supports of all aspects of the internal audit function including ensuring regulatory compliance through a systematic and disciplined approach to identify risks, monitor compliance with internal controls, evaluate whether such internal controls/ corporate and internal governance practices are working effectively, and team development.

Essential Job Duties & Responsibilities

1. Develop a clear approach for the audit team and develop and execute an annual risk-based audit plan. Manage Audit resources to ensure completion of the annual Audit program approved by the Audit Committee of the bank's Board of Directors in accordance with Institute of Internal Auditors Standards and regulatory expectations. Engage and manage third-party resources as appropriate with the approval of the Audit Committee.
2. Ensure Audit team members have an adequate understanding of the requirements of the key regulations, policies and processes as well as technical skills necessary to complete assigned audit tasks in accordance with department standards and documentation requirements. Prepare written reports summarizing audit results. Provide management with recommendations to improve controls, evaluate action plans prepared for the disposition of reported issues and perform necessary follow-up to ensure effectiveness of management's action plans and on-going compliance efforts.
3. Design & execute audit programming, including maximizing the skills of internal team members and partnering with third party partners when needed. Work with the Audit team to maintain consistent documentation of audit plan progress and results. Review Audit work papers to ensure testing is documented in accordance with department standards. Lead, support and conduct audits as needed and appropriate.
4. Utilize strong management skills to clearly plan the scope, resource allocation, and timeline management of audits while actively monitoring progress and addressing obstacles.
5. Establish cooperative relationships with other assurance functions (e.g., compliance, risk management) and act as a bridge between the business and control functions, ensuring audit insights are acted upon constructively. Maintain and develop departmental standards and procedures, where necessary.
6. Act as a trusted advisor to the organization's leaders at all appropriate levels by communicating collaboratively and supporting organizational goals through consulting activities as well as execution of audits.
7. Provide oversight and direction to his/her team members in accordance with the organization's policies and procedures. Coaches, mentors and develops staff, including overseeing new employee onboarding and providing career development planning and opportunities. Consciously creates a workplace culture that is positive consistent with the organization's goals. Leads employees to meet expectations for productivity, quality, and goal accomplishment. Provides effective performance feedback through recognition, rewards, and disciplinary action, with the assistance of Talent Management, when necessary. Maintains employee work schedules including paid time off and any requested leave of absence. Maintains transparent communication as appropriate through department meetings, one-on-one meetings, and appropriate email and regular interpersonal communication.

Experience Needed:

• Minimum of 5 years in the banking industry with broad knowledge across many departments and teams. Knowledge of ANB or private community banking environments is strongly preferred. 7+ years of experience is strongly preferred. Greater levels of experience of demonstrated mastery of the job competencies would correspond with higher level leadership titles.
• Minimum of 3 years of management and team leadership experience required 5+ years of experience is preferred.
• Experience in progressively complex operations, risk and/or audit work is required in a banking or related environment.

Education, Licensure & Certification Needed:

• Bachelor's degree in Finance, Business, Accounting or related field is preferred. Equivalent experience may substitute for formal education.
• Willingness and ability to pursue formal and progressive continuing education to maintain adequate knowledge about banking regulation and audit standards.

Skills & Abilities Needed:

• Demonstrated ability to anticipate, interpret, and communicate risk fundamental to protecting the organization and enabling sound decision-making. Ability to exercise credible judgment and analytical problem-solving skills.
• The ability to foster relationships across the organization is key.
• Remain adaptable to new tools, techniques, and regulatory expectations
• Possess high level knowledge of banking operations, products, and services including retail banking, commercial lending, treasury functions, payment systems, digital banking, technology and risk management support.
• Acquire and refresh working knowledge of regulations such as Basel I-IV, Anti-Money Laundering Laws, Know Your Customer requirements, Dodd Frank Act, Sarbanes-Oxley and data privacy rules.
• Adaptability ensures the internal audit continues to deliver value amid uncertainty and transformation.
• A focus on right-sized continuous development strategies that ensures the internal audit function remains future-ready in alignment with the organization's philosophy for supporting professional growth.
• Ability to communicate both orally and written in a professional manner.
• Ability to work well with internal and external stakeholders.
• Proficiency in using Microsoft Office 365

Why Do More at American National Bank?

With history dating back to 1856, American National Bank is one of the largest privately owned banks in the region with locations in Nebraska, Iowa and Minnesota. We believe in doing. By joining forces with local businesses, charitable organizations and our team members, we are proud to be part of the momentum that keeps the community around us building and growing. Together we can be the catalyst for making great things happen. Join our company to be a part of this inspirational movement and learn how we can grow your career.

Together, we can do more for your future...

At American National Bank, we provide our team members with comprehensive benefits to do more for you and your family.

We offer:

• Competitive base compensation with additional performance-based annual earning potential
• Career growth potential built into every role
• 401(k) Investment Plan with up to 4% match by ANB with immediate vesting and profit sharing*
• No cost Life Insurance with benefit 2x base salary (subject to cap), with ability to purchase additional coverage
• Paid Time Off, Paid Holidays and Paid Volunteer Time
• Medical Insurance with signification premium contribution by ANB, with Wellness Plan Support*
• Dental Insurance with significant premium contribution by ANB*
• Additional Insurance options to meet personal needs: Vision, Pet Care, Critical Illness, Accident, Income, and Identity Theft Protection*
• Tuition Reimbursement*
• Gym Membership Reimbursement*
• Discounts on Banking and Financial needs

*Eligibility Criteria Apply