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South Shore Bank Staff Auditor in South Weymouth, Massachusetts

Join the Bank that shares success with others! As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather than the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with medical, dental, vision, flexible spending, Dependent Care, Child Care Subsidy, Retirement, Life Insurance and many other benefits

Performs operational and financial audits ensuring compliance with Bank policies and procedures. Implements testing and analysis procedures as set forth in the audit program. Monitors and reports on the Bank’s compliance with the established system of internal controls. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to clients and co-workers.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

  • Determines audit objectives, scopes, performs testing, documents results, formulates conclusions, makes corrective actions recommendations, and reports findings to management.

  • Reviews Loan files for quality and accuracy.

  • Follows the steps outlined in the Audit Program. Examines financial records and supporting materials. Documents procedures and results, and recommends further testing when warranted. Ascertains that assets are properly accounted for and safeguarded from loss.

  • Provides assistance and support to external auditors and Federal and Massachusetts bank examiners. Prepares schedules, obtains documents, and so forth.

  • FDICIA controls. Implements prescribed testing procedures. Updates the Internal Controls Documentation. Reports on exceptions found in control testing. Recommends changes in the Bank’s internal controls procedures when warranted

  • Conducts entrance and exit interviews with management and effectively communicates department’s objectives, scopes, procedures, findings, and recommendations.

  • Manages audit requests from regulatory examiners.

  • Develops and reviews implementation of new or revised internal audit policies, methods, and procedures.

  • Develops recommendations for management to enhance adequacy, efficiency, and effectiveness of operating procedures and controls.

  • Tracks and thoroughly documents audit findings and management’s remediation plans and follows up on them through completion.

  • Determines Bank’s compliance with prescribed policies and procedures and federal and state regulatory requirements.

  • Bachelor’s degree with degree in finance or accounting preferred.

  • Minimum 2 years internal or external audit experience with strong background in banking and loan reviews.

  • Strong knowledge in application of internal audit theory, standards, procedures, and techniques.

  • Strong knowledge of accounting principles and techniques.

  • Excellent spreadsheet software skills.

  • Strong verbal and written communication skills.

  • Ability to develop and maintain positive relationships with auditees.

  • Ability to work independently on projects, or as part of a team, as needed.

  • Loan review experience

South Shore Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

ID: 2020-1793

External Company URL:

Street: 1584 Main Street