VP, Compliance Internal Audit Manager

People Drive Our Success Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success.
We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals.
We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism.
Together we can make a difference in the financial future of our communities.
Apply today! What our team members are saying: Video Clip 1 Video Clip 2 Video Clip 3 Learn more about us at cathaybank.
com GENERAL SUMMARY Under the supervision of the SVP, Chief Internal Auditor, the VP, Compliance Internal Audit Manager conducts compliance audits of central operations departments, administrative departments, lending units and other business activities of Cathay General Bancorp and its subsidiaries.
The audits may cover any functional or organizational activity, with emphasis on complex and higher risk areas.
The VP, Compliance Internal Audit Manager, plans, conducts, coordinates, and directs the activities of assisting auditors.
Additionally, the VP, Compliance Internal Audit Manager will function in a consultative role within the IA Department for all compliance audits and act as the IA Department’s Compliance Liaison with the Compliance Department.
The VP, Compliance Internal Audit Manager performs all duties in accordance with the International Standards for the Professional Practices of Internal Auditing.
DIRECT REPORTS The incumbent may have 3-4 direct reports.
ESSENTIAL FUNCTIONS • Plans the audit by performing surveys of functions and activities in assigned compliance areas to determine the nature of the operations and the existence and adequacy of the internal controls used to achieve established objectives and compliance with regulations.
Prepares a Planning Memo.
• Designs risk-based audit programs that test selected controls to determine whether they function as intended.
• Reviews, verifies, and analyzes transactions, documents, records, and reports for accuracy, completeness and appropriateness.
• Evaluates the adequacy and effectiveness of internal control methods, policies, and procedures, and verifies compliance with laws and regulations.
• Determines that duties are performed in accordance with company policies, operating procedures, other management instructions, and regulatory requirements.
• Determines that transactions are recorded promptly and accurately.
• Determines that assets are safeguarded adequately.
• Conducts interviews with appropriate Company personnel to supplement assigned audit testing.
• Prepares professional work papers including supporting documentation for each audit issue identified.
• If required may act as Auditor-in-Charge, performs the following additional duties: • Plans the audit including development of the risk assessment, high level process flows, internal control documentation, and the audit program.
• Assigns segments of the program to assisting auditors.
• Provides guidance to assisting auditors to ensure they conduct themselves in a professional manner.
• Oversees staff assignments to ensure completion within established time budgets.
• Immediately informs the Chief Internal Audit of any conditions that may adversely impact the audit or the Company’s safety and soundness.
• Reviews work papers prepared by assisting auditors for accuracy and completeness.
• Prepares Exit Grid with findings and recommendations for the review and approval of the Audit Manager and Chief Internal Auditor.
• Presents audit findings to management in Exit meeting.
• Prepares draft audit reports for the review and approval of the Audit Manager and Chief Internal Auditor.
• Performs follow up to determine the existence and adequacy of corrective actions taken by management in response to audit recommendations.
• Develops good working relationships with auditees and collaborates with auditees during the audit process.
• During the professional performance of their duties, the VP, Compliance Internal Audit Manager is expected to: • Recommend revisions to audit programs resulting from changes in operating activities or regulatory requirements.
• Recommend the scope of audit testing and the resources needed, including the use of computer assisted auditing techniques (CAAT) • Performs fraud investigations as assigned.
• Provides on-the-job training to Sr.
Auditors.
• Provides assistance to external auditors as assigned • Performs special projects as assigned by the Chief Internal Auditor.
• Maintains and enhances technical and professional competence through continuing education.
QUALIFICATIONS Education: • BA/BS in accounting, business, finance, or related field preferred.
Experience: • At least 8-10 years compliance audit and/or compliance experience in financial services and specifically related to consumer compliance/BSA/AML.
Skills/Ability: • Effective oral, written, and analytical skills with demonstrated ability to deal effectively with all levels of management.
• Strong understanding of compliance, internal control theory and audit techniques.
• Effective project management skills.
Strong analytical skills and a good understanding of computer-assisted audit techniques.
Must be a team player.
• Ability to perform assigned duties with minimum supervision.
Ability to travel, including occasional overnight and overseas assignments.
• Certifications: CAMS Required • CIA, CPA, or CFSA, CRCM also preferred.
OTHER DETAILS $150K – $180K / year Pay determined based on job-related knowledge, skills, experience, and location.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation.
It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants.
For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer.
We believe in diversity, equity, and inclusion in the workplace.
We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the EEO is the Law poster in English.
Poster- English Click here to view the EEO is the Law supplement in English.
Supplement- English Clic aquí para ver la EEO es la Ley póster en español.
Poster- Spanish Clic aquí para ver la EEO es la Ley suplemento en español.
Supplement- Spanish 点击这里查看EEO是法律海报的中文Poster- Chinese 点击这里查看EEO是法律和补充條例的中文"Supplement- Chinese Cathay Bank endeavors to make www.
CathayBank.
com accessible to any and all users.
If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.
hsu@cathaybank.
com.
This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.