Internal Auditor - (Aberdeen, SD)

POSITION PURPOSE: Responsible for ensuring adequate internal controls and reliable accounting and reporting systems are in place for Federal and State compliance. PRIMARY DUTIES/RESPONSIBILITIES: Reports directly to the Enterprise Risk Manager. Stays abreast of regulatory changes and audit issues. Performs operational and financial audits for the bank. Assists the Enterprise Risk Manager with the gathering and/or preparation of internal audit reports for external audit exams. Evaluates compliance with internal policies and procedures and applicable banking regulation. Makes a recommendation to the Board for any necessary corrective action. Identifies risks, potential fraud situations, tests internal controls, presents results and recommendations to management and drafts audit reports to the Board. Compiles reference work papers to support audit scope, objectives, procedures and findings.