Vice President, Audit Salary at First National Bankers Bank BETA

How much does a First National Bankers Bank Vice President, Audit make?

As of December 2024, the average annual salary for a Vice President, Audit at First National Bankers Bank is $242,415, which translates to approximately $117 per hour. Salaries for Vice President, Audit at First National Bankers Bank typically range from $217,122 to $271,315, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

First National Bankers Bank Overview

Website:
bankers-bank.com
Size:
100 - 200 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

First National Bankers Bank was the first nationally chartered banker's bank in the country. In 2011 FNBB and three of its subsidiary banks merged into one so that today it serves community banks in the South East of the United States, many of whom have an ownership stake in FNBB.

See similar companies related to First National Bankers Bank

What Skills Does a person Need at First National Bankers Bank?

At First National Bankers Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Internal Audit: Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing achieves this by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.
  2. Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
  3. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  4. CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
  5. Collaboration: Works cooperatively and shares ideas with coworkers and managers to achieve common goals and objectives.

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Check more jobs information at First National Bankers Bank

Job Title Average First National Bankers Bank Salary Hourly Rate
2 Vice President, Lending $152,783 $73
3 Administrative Support Specialist $63,495 $31
4 Banker $87,060 $42
5 Chief Financial Officer $376,098 $181
6 Client Services $37,184 $18
7 Credit Manager $94,634 $45
8 Deposit Operations Specialist $27,570 $13
9 Executive Administrative Assistant $74,750 $36
10 Executive Vice President $274,500 $132
11 Loan Review Officer $59,360 $29
12 Manager, Loan Operations $142,541 $69
13 Operations Support Specialist II $45,645 $22

Hourly Pay at First National Bankers Bank

The average hourly pay at First National Bankers Bank for a Vice President, Audit is $117 per hour. The location, department, and job description all have an impact on the typical compensation for First National Bankers Bank positions. The pay range and total remuneration for the job title are shown in the table below. First National Bankers Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $242,415 look to you?

FAQ about Salary and Jobs at First National Bankers Bank

1. How much does First National Bankers Bank pay per hour?
The average hourly pay is $117. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at First National Bankers Bank?
According to the data, the highest approximate salary is about $271,315 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at First National Bankers Bank?
According to the data, the lowest estimated salary is about $217,122 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.