Regulatory Compliance Audit Team Lead

Job Summary

The Regulatory Compliance Audit Team Lead is responsible for gathering, reviewing, and analyzing internally and externally generated guidance/documentation to assist Audit Management while ensuring that all key risks and critical policies are identified and considered for business audits. This position will review, trace, and summarize results against samples for proper evidence and present results to department manager and auditors. The Regulatory Compliance Audit Team Lead will ensure comprehensive coverage of audit engagements, from start to finish, inclusive of scoping and follow up activities.

Essential Functions

Knowledge of BancAudit/Nautilus/CBS/Data Analysis Tool/Audit Management Software

Timekeeping/updating schedule of whereabouts during audits

Meet departmental continuing education requirements and proactively seeking relevant education and training opportunities

Familiar with Northwest documentation/processes/procedures

Develop scope, audit objectives, and program based on assessed risk of subject matter

Determine staffing requirements for Audit

Produce plan for completing field work

Plan audit approaches under the direction of the audit supervisor

Oversee/collect of specific samples/data

Oversee/record detailed information/data from samples

Ensure document and data integrity

Check results (findings) against samples for proper evidence

Oversee/compile working papers as appropriate

Summarize results/findings

Analyze results as related to Northwest

Prepare meeting materials (soft, and final exits)

Present relevant findings appropriately to department manager and auditors

Produce various audit reports/management letters

Perform special reviews at the request of management

Appraise adequacy of the corrective action taken to improve deficient conditions

Obtain and analyze evidence, ensure audit conclusions are well-documented

Identify and communicate issues raised, recommend solutions relevant to business units and risk management

Research and interpret relevance of specific regulations along with assessing document and data integrity

Determine required audits for relevant segment/special projects

Self-learn/maintain extensive knowledge of Northwest’s Risk Appetite Policy, Board of Director Reports, Board of Director and Bank-Level Committee packages, SOX internal control narratives and test scripts, Call Reports and supporting schedules, Business Unit Risk Assessments

Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Education + Experience

Bachelor’s degree in Business, Accounting, Finance, Pre-Law, or other related field preferred

3+ years of Bank auditing/compliance testing experience required

2+ years of Regulatory compliance experience required

Candidate must possess extensive knowledge of and be fluent in the review of, but not limited to regulatory exam reports, compliance reports, third party risk associated with various business units

Broad knowledge of consumer regulations with the ability to interpret regulatory requirements and determine how to effectively assess business processes for compliance with applicable regulations

Certified Regulatory Compliance Manager (CRCM) required, or upon hire

The pay range for this position is generally $95,000 - $115,000 annually. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

R-100942