Senior Auditor at S&T Bank in Indiana, Pennsylvania

Job Description:

Work Days and Expected Hours:

Monday-Friday: 8:00 AM to 5:00 PM

(Additional hours as necessary to meet the objectives of the department).

Function:  Under the general supervision of Audit Management, assumes responsibility for planning and conducting audits of various departments or processes of S&T Bancorp and its affiliates (“S&T”) to determine and report on the adequacy and effectiveness of internal controls over financial reporting, operations and regulatory compliance.

Duties and Responsibilities:

• Has a sound knowledge of, follows, and instructs staff on executing audits in accordance with the International Professional Practice Framework of the Institute of Internal Auditors, including awareness of interpretations and evolving audit standards, techniques and practices.


• Possesses general knowledge of the application of generally accepted accounting principles (GAAP) and bank industry guidance to identify audit risks including strategic, business, and operational risks (e.g., what can go wrong in the processing of transactions and/or impact on recording financial data accurately).


• Conducts interviews of selected personnel for the purpose of documenting and evaluating business processes to determine the potential risk drivers and/or the adequacy of internal controls.


• Assists in the planning and development/maintenance of current, detailed audit programs for selected audits that include the identification of risks, controls, fraud indicators, and alignment with the changing profile/risks of the banking industry and S&T.


• Independently performs and/ or reviews risk-based audits by collecting, analyzing, and interpreting department control policies, procedures and practices to evaluate and document audit results and form an opinion on the adequacy of internal control design; and by designing, revising or refining and executing audit tests and procedures to evaluate the functioning of controls. This may involve the use of Computer Assisted Audit Techniques and more traditional methods such as examination of records, inquiry and analytical review procedures. 


• Prepares or reviews audit work papers and reports to ensure technical adequacy and adherence to professional auditing standards, including ensuring that work papers are documented in accordance with S&T’s audit methodology and that they meet quality requirements (e.g., procedures are properly documented to support audit findings and that the appropriate audit recognition/attention is given to important areas such as, compliance matters, significant financial statement accounts/disclosures, etc.).


• Evaluates budget updates to monitor the actual time incurred and estimates to complete to manage one’s own time and the audit staff within the parameters of a project and to utilize resources in the most effective manner.


• Develops/Supervises staff, including evaluating performance and identifying developmental/training opportunities to enhance their audit and banking knowledge and expertise.


• Briefs departmental management and staff throughout S&T on the audit objectives and scope, progress of ongoing audit work and final audit results. These briefings include a discussion of findings and recommendations for corrective actions and an evaluation of the adequacy of management’s actions.  These interactions require resourcefulness, tact and diplomacy in order to gain the trust and cooperation of those audited.


• Prepares written reports on the results of audit work, which are distributed, to those audited, Senior Management, external auditors, regulatory examiners and the Audit Committee of the Board of Directors. These reports must clearly describe the audit scope, objectives and findings, leading to sound conclusions and recommendations for corrective action.


• Develops and maintains ongoing business relationships with management team.


• Assists independent auditors as needed by conducting various audit procedures.


• Undertakes self-development through attendance at training courses offered by S&T, on the job training and through the pursuit of other forms of training and development suited to achieving departmental goals and objectives and individual needs.


• Demonstrates a strong ability to work independently, as well as motivated to work as a team player and exhibits excellent interpersonal skills. Contributes to the success of the department and in turn, the organization.


• Performs additional duties as assigned.

Physical Demands

Operates a keypad device:  50% of the day; operates office equipment:  10% of the day.  The primary parts of the body involved in performing these tasks are the fingers, thumbs, hands, wrists, lower and upper torso.  Sitting is required 85% of the day in a leaning position over the keyboard.  Walking is required 15% of the day which is slow is speed.  Routinely lifts up to 5 lbs., 20 times per day.  Maximum lift is 25 lbs., one time per day.  Must be able to occasionally lift and/or move up to 10 lbs.  Requires the use of manual dexterity skills for typing up to 25% of the business day.  Specific vision requirements include close vision of 18”-20”, distance vision and depth perception for computer work and travel.  Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.