At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here.
Incredible teams doing exceptional work, every day
The Audit, Compliance and Legal & Risk group supports First Republic’s business objectives by systematically improving the effectiveness of its risk management, control and governance processes. We own and administer these processes while educating our colleagues to best support them. Our mission is to promote a culture of compliance and to be the best partner we can to our business stakeholders.
As a member of our Internal Audit team, the Internal Auditor – PBO/PBCS will work closely with the Bank’s retail and other lines of business to ensure appropriate control design and test control effectiveness across organizational processes.
The Internal Auditor – PBO/PBCS is a key member of the Internal Audit team and is responsible for planning, coorinating, and executing audits of the Bank's Preferred Banking Offices (PBO) and Preferred Banking Client Services (PBCS) locations as well as Deposit New Accounts. Additionally, this role may participate in other core audits or special projects where needed.
What you'll do as a Internal Auditor – PBO/PBCS:
- Administer and execute PBO, PBCS and Deposit New Account audits including, but not limited to, (a) audit team planning, (b) scheduling and leading meetings, (c) general administration such as coordinating with Audit Administrator for workspace, badges, and logistics, (d) performing audit fieldwork using appropriate auditing methodologies and data analysis, (e) monitoring inflow and review of audit requests and workpapers for quality and adherence to standards within the audit management tool, (f) setting-up and administering audit exit and close meetings, (g) report writing, (h) ensuring timely issuance of report, and (i) validating the remediation of audit findings.
- Develop draft audit reports by identifying and gathering support for potential issues, ensuring findings are appropriately documented, recommending value-added solutions, and socializing findings and recommendations to the appropriate level of business management.
- Perform reviews of work papers and audit reports prior to management’s final review.
- Assist with creating the annual PBO/PBCS Audit Plan and Risk Assessment.
- Ensure the overall quality, consistency, risk management and adherence to department and professional standards and identify opportunities for audit process improvement.
- Establish and maintain strong relationships with PBO/PBCS management and support teams.
- Remain current and increase knowledge of regulatory requirements that impact the organization, as well as in the areas of internal control, accounting, business, company products and services.
- Support management initiatives and perform administrative responsibilities as needed.
- Assist in special projects and non-PBO/PBCS related audit projects as needed.
- Perform duties and responsibilities specific to department functions and activities.
- Perform other duties and responsibilities as required or assigned.
- Responsibilities include the following:1) adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), 2) adhering to Bank policies and procedures, 3) completing required training, 4) identifying and reporting potential suspicious activity to the BSA/AML Officer, and 5) knowing and verifying the identity of any customer(s) who enters into a relationship with the Bank is known and verified.
What skills you will use:
- 2+ years of retail branch audit, branch quality control, or similar relevant experience within the banking or financial services industry.
- Strong project management and organizational skills and experience in successfully managing multiple projects concurrently.
- Ability to critically analyze and assess the adequacy of internal controls and opportunities for process improvements and operational efficiencies.
- BS/BA degree or equivalent experience preferred.
- Self-starter who excels at learning new processes and business functions.
- Excellent written and verbal communication skills.
- Ability to work effectively as part of a team as well as independently as an individual contributor.
- Detail-oriented with excellent organizational skills.
- Creative approach to problem solving in a dynamic environment.
- Advanced skill levels with Microsoft Office applications.
- Demonstrated integrity within a professional environment.
- Ability to travel to various locations throughout the United States.
- Professional certifications such as CPA, CIA, CFE, CAMS, etc. are preferred.
- History of providing extraordinary service.
- Furthers the First Republic Bank culture and values.
Are you a good fit?
Are you willing to take initiative and make decisions? Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.
We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability—that’s the First Republic way. Come join us!
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.