Trust / SOX Audit Specialist, Audit, South Bend, IN

Trust / SOX Audit Specialist

Accounting and Audit

South Bend Main Office, 100 N Michigan St, South Bend, IN 46601, USA

Job Details

Position Summary

Responsible for evaluating and enhancing the effectiveness of governance, risk management, and internal control processes within a financial institution's trust / wealth management operations / investments / retirement plan services and other Sox 404 areas. This role ensures compliance with regulatory standards, identifies areas of risk, and provides actionable recommendations to improve operational efficiency and mitigate potential issues.

Essential Requirements

• Develop and implement comprehensive audit plans for trust / wealth management operations / investments / retirement plan services.
• Conduct risk assessments to prioritize high-risk areas for review.
• Perform detailed testing of processes, transactions, and systems to evaluate adherence to policies, procedures, and regulatory requirements.
• Identify and assess risks specific to trust services, including fiduciary risk, investment risk, and operational risk.
• Evaluate the adequacy and effectiveness of internal controls in mitigating identified risks.
• Perform audit trust work to include selecting audit samples and obtaining, analyzing and evaluating evidential matter to determine that the auditor's systems / processes are controlled, operate reliably and are in compliance with the policies and procedures established by Management.
• Prepare audit work papers documenting the procedures performed, documenting the results of audit tests and conclusions formed regarding the adequacy of internal controls testing and compliance with those controls.
• Prepare draft report including audit findings and recommendations for audits conducted.
• Perform follow-up procedures to monitor implementation and remediation plans.
• Partner with trust and compliance teams to address audit findings and foster a culture of accountability.
• Maintain professional relationships with external auditors and regulatory agencies as needed.
• Responsible for the completion of all compliance training related to the position.
• Must understand all applicable laws and regulations that apply to the position and comply with the requirements.

Non-Essential Functions

Performs all other duties as assigned.

Experience / Skills

Education

Bachelor's Degree required (in Accounting, Finance, Business Administration, or a related field).

Certifications

Certified Fiduciary & Investment Risk Specialist (CFIRS) required. Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) designation preferred.

Travel Requirements

Ability to travel as well as ability to travel overnight, as needed for meetings, projects, seminars, etc.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions. While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and / or move up to 10 pounds.

Equipment

MS Office PC, fax, phone and standard office equipment.