Flagstar Bank

Compensation

Full Description

Position Title Auditor Sr Location Hicksville, NY 11801 Job Summary The Senior Auditor is an experienced professional focused on providing assurance for the company through the development of an audit plan, supporting the overall objectives of the department working closely with the Audit in Charge (AIC). The role of the Senior Auditor requires a deep understanding of financial and regulatory frameworks identifying discrepancies or risks that could impact the financial health of the bank. This is a critical role in the Internal Audit Department. The Senior Auditor serves as the Auditor responsible for ensuring testing and workpapers are completed with high quality in support of the AIC (Auditor in Charge). Responsible for the preparation of audit documents including audit engagements, planning memorandums, preliminary opening discussion documents, audit programs and wrap up documents in assigned vertical. This position will assess policies, procedures and supporting processes and help ensure compliance with regulatory requirements. The Senior Auditor possesses and applies comprehensive knowledge to the completion of complex/difficult assignments, and will plan, conduct, and may supervise assignments. Pay Range: $84,878 - 112,463 - 140,049 Pay Range: Local Minimum Wage - $0.00 - $0.00 Job Responsibilities: • Specifically responsible for the following for: • Supporting the AIC in determining scoping decisions, testing approaches, conclusions, and audit workpapers across the audit lifecycle (planning, fieldwork, reporting, issue validation) • Drafting MR(I)A workpapers • Completing required training • Completing Skills Assessments • Mentoring new auditors • Responsible for communicating with the senior audit manager and/or AIC and audit clients about the engagement. Conducting field work and workpapers are completed in a timely manner. • Works with the AIC to determine scoping decisions, audit opinions, and issue identification. • Executes the audit by conducting audit planning, risk identification, scoping, and field testing are completed in a timely manner with high quality supporting the AIC. • Maintains relationship with the audit client and audit management to ensure clear communication. • Maintains certifications as applicable. ADDITIONAL ACCOUNTABILITIES • Performs special projects, and additional duties and responsibilities as required. • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations. JOB REQUIREMENTS: • High School Diploma, GED, or foreign equivalent required. • Minimum experience required: 5+ Years of audit or risk management experience including in the financial services industry, preferably with a large financial services firm. Preferred Qualifications: • Education level strongly preferred: Undergraduate Degree (4 years or equivalent) in Accounting, Finance, or Business Administration or related field. • Education level preferred: Master's Degree (or Postgraduate equivalent) in Accounting, Finance, or Business Administration or related field. • Previous experience working with a public accounting or risk advisory firm is preferred. • CIA, CPA, CISA, CRCM, or CFE preferred. Job Competencies: • Comprehensive knowledge of relevant laws and regulations impacting financial institutions. • Strong knowledge of internal audit best practices and industry standards. • Strong oral and written communication; comfortable making presentations to groups of professionals, external auditors, and regulators. • Excellent quantitative and analytical skills along with a focused attention to detail. • Collaborative and takes ownership to ensure the quality of the audit team’s product and success. • Ability to influence and effect change; be viewed as a trusted advisor. • Proactive thought process, with an ability to foresee potential risks ahead of business decisions. • Strong project management skills, with the capability to prioritize multiple demands. • Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results. • Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience. • Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels. • Travel requirements: up to 10% • Physical demands (ADA): No unusual physical exertion is involved. Flagstar is an Equal Opportunity Employer Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank Skills: Acceptance Testing, Accounting, Analysis Skills, Auditing, Best Practices, Business Administration, Business Skills, CISA - Certified Information Systems Auditor, Certified Financial Examiner (CFE), Certified Public Accountant (CPA), Communication Skills, Cross-Functional, Customer Experience, Customer Relations, Detail Oriented, Establish Priorities, External Audit, Federal Laws and Regulations, Field Trials, Finance, Financial Regulations, Financial Services, Identify Issues, Industry Standards, Internal Audit, Maintain Compliance, Mentoring, Multitasking, Needs Assessment, Physical Demands, Policy Analysis, Presentation/Verbal Skills, Problem Solving Skills, Project/Program Management, Public Accounting, Quantitative Analysis, Regulatory Compliance, Regulatory Requirements, Risk, Risk Analysis, Risk Management, State Laws and Regulations, Team Player, Time Management, Willing to Travel, Writing Skills About the Company: Flagstar Bank On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.. Company Size: 1,000 to 1,499 employees Industry: Financial Services Founded: 0 Website: http://www.flagstar.com