Audit Assistant

Summary

This position plays a crucial role in ensuring the integrity of Viking Bank’s internal control system and financial, lending, and deposit operations through completion of internal audits. You will work closely with the Internal Auditor and Compliance Officer to assess internal policies, processes, and practices. This position requires an understanding of banking laws and regulations to ensure compliance with regulatory standards and best practices. This position offers an excellent opportunity to gain hands-on experience in auditing while contributing to the overall financial health and regulatory compliance of Viking Bank.

Duties / Primary Responsibilities

· Participate in the preparation of the annual audit risk assessment.

· Participate during audit planning discussions and communicate expectations to relevant departments to coordinate internal and outsourced audits.

· Conduct internal audits of various banking operations, including but not limited to financial transactions, accounting records, operational procedures, and regulatory compliance.

· Understand and utilize Viking Bank’s internal reporting software to prepare audit samples and identify potential concerns.

· Prepare comprehensive audit reports summarizing findings, recommendations, and corrective actions.

· Stay updated on relevant banking laws, regulations, and industry standards to ensure audits are conducted in accordance with current requirements.

· Provide guidance and information regarding internal and regulatory expectations to department managers and support staff.

· Assist in the development and implementation of audit procedures to enhance efficiency and effectiveness.

· Assist in researching regulatory changes, new compliance requirements, and new product/service requirements.

Attributes

Bachelor’s degree in accounting, finance, business administration, or a related field.

Previous experience in auditing, accounting, or banking operations is preferred.

Strong understanding of banking regulations, compliance requirements, and internal controls is preferred.

Excellent analytical skills and attention to detail.

Strong written and verbal communication skills with the ability to articulate complex issues clearly and concisely.

Job Type: Full-time

Pay: $40,000.00 - $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience:

• Accounting: 1 year (Preferred)
• Microsoft Excel: 1 year (Preferred)

Ability to Commute:

• Alexandria, MN 56308 (Preferred)

Ability to Relocate:

• Alexandria, MN 56308: Relocate before starting work (Required)

Work Location: In person

Salary : $40,000 - $50,000