Sr. Compliance Audit Team Member

Overview Old National Bank is honored to be named one of the World's Most Ethical Companies for the 11th consecutive year! Old National Bank was established in 1834. Today, we are the largest financial services holding company with dual headquarters in Chicago and Evansville, IN. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company. Internal Audit's primary purpose is to assist the organization by identifying and evaluating significant exposures to risk and contributing to improvement of risk management and control systems which mitigate those exposures. The Senior Team Member will be expected to contribute to these objectives primarily by leading and participating in audit engagements. This will require working with operating management to understand the products, services, and processes applicable to each line of business and to understand the control environment in which the line of business operates. Using this information, the Senior Team Member will apply their knowledge of banking laws and regulations to develop a risk-based audit plan and oversee its completion in accordance with department performance standards. The audit process will require creation of detailed work papers, communication of findings to business management, and preparation of a written audit report that effectively highlights the reportable issues. The Senior Team Member will also work closely with other members of the audit department and will assist with regulatory matters that may arise in other audit engagements. The ideal candidate will be detail oriented and possess a strong understanding of internal audit concepts, excellent written and verbal communication skills, and a comprehensive knowledge of federal banking laws and regulations, with a particular focus on consumer protection requirements. Key Accountabilities Planning and Completion of Audit Projects Serves as a subject matter expert with advanced organizational and regulatory knowledge and auditing skills. Serves as in-charge for regulatory audits within the team member's area of experience and expertise. Prepares work plans including documents such as the Operational Scope Memo, Risk Control Assessment, and creation of audit program steps. Oversees testing associated with the field work phase of the audit and ensures workpapers satisfy audit program steps and support the results of field work. Reviews evidence, root cause, and draft proposed audit observations and recommendations for improvement. In addition, reviews follow up work on audit report findings to ascertain that management implemented their corrective action plan timely. Special Projects Participate in special projects as requested by management. Examples include annual risk assessments, assisting external auditors and examiners or participating on selected committees. Key Competencies for Position Execution Leadership Establish Plans & Priorities: Determines a course of action and establishes a timeframe to complete individual objectives and team goals. Problem Solving: Identifies the root cause of identified issues by consulting with line of business personnel and subject matter experts. Demonstrates strong analytical and technical skills while working towards the ability to manage complex tasks. Drive and Execution: Self-motivated and takes initiative; proactively learns new skills and develops self for current performance and future growth; demonstrates a desire to learn and actively seeks ways to improve current methods, systems, processes, and procedures. Qualifications and Education Requirements Bachelor's Degree in Accounting, Finance, or business-related field. Five years or more of audit or relevant banking or consulting experience. Knowledge of federal banking laws and regulations with an emphasis on consumer protection requirements such as ECOA, EFTA, HMDA, RESPA, TILA and similar requirements. Strong communication and collaboration skills. Ability to work within strict deadlines. Compliance designation such as Certified Regulatory Compliance Manager (CRCM) is a plus. Knowledge of the Bank Secrecy Act (BSA) and anti-money laundering (AML) laws and regulations is also a plus, as is a Certified Anti-Money Laundering Specialist (CAMS) designation. Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position.