Job Information
THE ANTWERP EXCHANGE BANK COMPANY Internal Auditor in Antwerp, Ohio
Job Title: AEB Internal Auditor
Department: Audit / Compliance Department
FLSA Status: Exempt / Non-Exempt (based on duties)
Reports To: Audit Committee / CEO
Location: Antwerp Exchange Bank -- TBD Payne, Harlan or Antwerp
Supervises: None
Salary Grade / Pay Scale: Range based onexperience.
Position Summary
The Internal Auditor provides independent, objective assurance over the bank's internal control environment, risk-management practices, and governance processes. This role ensures the bank operates safely, efficiently, and in compliance with all applicable laws, regulations, and internal policies. The Internal Auditor reports functionally to the Audit Committee and administratively to the Chief Executive Officer, depending on your governance structure.
Key Responsibilities
1. Audit Planning & Risk Assessment
- Develop and maintain a risk-based annual internal audit plan aligned with regulatory expectations.
- Conduct periodic risk assessments to ensure audit coverage reflects changes in products, processes, technology, and regulatory requirements.
2. Conduct Internal Audits
- Perform operational, financial, compliance, and IT-related audits across all business lines.
- Evaluate the adequacy and effectiveness of internal controls, accuracy of financial records, safeguarding of assets, and adherence to policies and procedures.
- Document audit work, prepare audit reports, and communicate findings clearly and promptly to management and the Audit Committee.
3. Compliance & Regulatory Oversight
- Assess compliance with:
- Section 39 of the FDI Act -- safety and soundness standards for internal controls and information systems.
- Section 36 of the FDI Act & FDIC Part 363 -- annual audit and reporting requirements (note: your bank is below current $1B thresholds but still subject to Section 36 basic requirements).
- OCC/FDIC Interagency Policy Statements on internal audit functions and outsourcing.
- Support state and federal regulatory exams by providing audit documentation and performing follow-up testing on exam findings.
4. Follow-Up & Corrective Action Monitoring
Track remediation of audit and regulatory findings to ensure timely corrective action by management.
Report unresolved issues to the Audit