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Supervising Senior Auditor
#25-645
Morristown, New Jersey, United States
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Job Overview
At Valley Bank, we believe in people’s growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we’ve been the Bank that clients from every industry turn to for our expertise, strategies, and advice-building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth-with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.
At Valley, we’re all driven by an ambition that goes deeper than just having a job. That’s why when you work for us, we make it our goal to help you focus on what drives you-working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we’re a relationship bank built for growth, that’s not just reserved for our clients-that includes all our associates as well.
The Supervising Senior Auditor supervises auditors and audit projects for Bank Strategy, Accounting, Finance, Treasury, Wealth Management and Human Resources which include complex topics such as stress testing, liquidity risk, and resolution planning. They perform as the in-charge in all aspects of audit activities including planning, designing test steps, conducting the audit and providing value-added recommendations to the client, closely managing relationships between Audit and its clients.
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Job Description
Responsibilities include, but are not limited to:
- Organizes and effectively plans for assigned areas in the development of the audit scope, including those for assigned team members.
- Plans and executes effectively ensuring quality work and timely completion.
- Assist in the development of audit test steps.
- Collaborating with key stakeholders to provide value-added recommendations to the client.
- Prepares the draft audit report with assistance from the Audit Manager.
- Evaluates Management’s responses for accountability and adequacy.
- Adequately performs work paper review for assigned staff when needed.
- Identifies root causes and recommends acceptable remediation plans when needed.
- Prepares risk assessments as assigned for areas previously audited.
- Builds relationships outside the department, promoting a positive image of Internal Audit.
- Keeps current on emerging risks related to areas of responsibility.
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Requirements
Required Skills:
- Strong Internal or external audit experience, preferably in Banking, Risk Management and Compliance.
- Good ability to identify risks.
- Good knowledge of applicable industries.
- Applies audit and industry knowledge gained to applicable assignments.
- Experience with data analytics and where to apply them to conduct test work and build continuous auditing.
- Properly completes workpaper content in accordance with IIA and Valley IA audit standards.
- Demonstrates reliability and dependability.
- Demonstrates appropriate and effective business writing, e.g., audit issues and memos.
- Good communication and interpersonal skills – includes ability to interact with peers and clients with ease and team participation.
- Helps train less experienced staff.
- Performance management skills – includes ability to provide timely and valuable feedback to team members.
Required Experience:
- Bachelor’s degree in a business-related field such as Accounting, MIS or Finance and a minimum 5 years’ audit experience, preferably in Banking, Risk Management and Compliance.
- Strong PC skills (MS Office).
- CIA, CAMS, CRCM, CRMA or other relevant certification is strongly preferred.
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Location(s).
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70 Speedwell Ave, Morristown, New Jersey 07960, United States
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Total Rewards Summary
We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.
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Job Details
Pay Range <sdf-tooltip _ngcontent-ng-c4503599967738739=”” attachmentpoint=”right”><sdf-icon _ngcontent-ng-c4503599967738739=”” slot=”tooltip-target” icon=”action-help” class=”left-sm-spacer”></sdf-icon>Pay Range The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.
The actual pay rate will depend on the person’s qualifications and experience.
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$96,000.00 – $167,700.00 / year </cx-job-details-section>
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Pay Transparency
In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to “Pay Transparency Law”; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.
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Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.