Internal Auditor

Job Description

Job Description

American Commercial Bank & Trust, NA

Internal Auditor (entry-level) - on site in Ottawa, IL.

American Commercial Bank & Trust is currently seeking candidates for a newly added role - Internal Auditor. This role, located in our Ottawa HQ location, will be part of the Audit and Compliance team to perform internal audits in key operational, financial and support functions of the Bank. In following the annual audit calendar, this individual will review prior audits, help to prepare audit questions and inquiries, prepare workpapers, review documents, perform testing, gather responses, and compose final audit reports and outcomes. This role will offer exposure to many operational and functional areas within the Bank and will provide an excellent foundation for learning through firsthand experience, and direct learning and mentoring with experienced members of the Compliance and Audit Department. We are seeking candidates with 2-5 years of Banking experience and who preferably have had either supervisory or team leader responsibilities within their banking tenure. Qualified candidates must also have solid math aptitude, good reasoning and problem-solving ability, good research skills, strong attention to detail, and must interact intelligently and professionally with other business units. Working hours are Monday through Friday, 8:00am to 5:00pm. Must be able to travel locally to other branches as needed.

Key job duties and responsibilities include the following:

• Work with the Audit and Compliance Team to review audit calendar and plan for current and upcoming internal audit engagements.
• With experienced audit team, plan out scope of each assigned audit engagement, including review of prior audits.
• Perform audits, including documentation review, testing, analyzing results, asking questions, and documenting responses, in accordance with Bank's established internal policies and procedures.
• With time and experience, will develop recommendations for improving internal controls, operational efficiency, and recordkeeping improvements and best practices.
• Report findings and recommendations to appropriate management based on results of regularly scheduled audits, or any other occurrence where audit is requested or required.
• Conduct follow-up reviews as noted in prior audit reports.
• Perform other duties as assigned, consistent with the goals and direction of the internal Audit and Compliance department.
• Engage in continuous development of knowledge in the Banking industry regarding rules, regulations, compliance, best practices and techniques, and performance standards.

Education and Experience

• Seeking 2-5+ years of Bank experience, preferably with knowledge of banking retail and deposit operations, and some supervisory or team leadership experience.
• Familiarity with banking regulations and best practices within banking functions.

Skills and Abilities:

• High attention to detail and excellent reasoning and problem-solving skills.
• Strong numbers orientation and math aptitude.
• Solid proficiency in MS Office Suite, with the ability to manage, test and analyze substantial amounts of data.
• Excellent written and verbal communication skills.
• Highly organized; able to manage multiple audit assignments simultaneously and meet audit calendar objectives and deadlines.
• Must be able to travel to other branches as needed.

American Commercial Bank & Trust is an Equal Opportunity Employer (Females, Minorities, Protected Veterans, and Individuals with Disabilities).

A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, 401k+ESOP, paid vacation, sick time, and holidays. For more information on our Bank, visit us online at:

Candidates will be required to submit to a background check when presented with a conditional offer of employment.