Internal Audit Officer at First PREMIER Bank in Sioux Falls, South Dakota

Job Description:

Facility: First PREMIER Bank

Location: Sioux Falls, South Dakota

Status: Full-Time

Internal Audit is responsible for providing an independent, objective assurance and consulting activity designed to add value and improve First PREMIER Bank and PREMIER Bankcard LLC’s operations. Internal Audit’s purpose is to help management accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. 

We support a promotion-from-within philosophy for strong performers!

About First PREMIER Bank:

At First PREMIER Bank we believe associates are our most valuable resource. We work hard to attract, retain and reward bright, motivated, proactive associates who embrace The PREMIER Way in their own individual pursuit of excellence.

As a regional bank with a strong national reputation, we’re high tech and high touch. We serve individuals from all walks of life and businesses and organizations of every size, offering comprehensive banking, financial, treasury, wealth and trust services.

The PREMIER culture starts with associates who enjoy their work, demonstrate a hunger to learn and grow, positively contribute to a unified environment and share a passion to serve others. We demonstrate our values by taking great care of our associates and to treat them in a way that makes them feel valued, respected and rewarded. Our focus on creating a great environment for associates has resulted in PREMIER being listed as one of the nation’s “Best Banks to Work for” from 2015-2021.

As a privately owned company with roughly 380 employees throughout 16 Branches, First PREMIER Bank puts people first by offering benefits that support your life and well-being. Plus, we provide performance incentives, paid volunteer hours, growth and career advancement opportunities and even throw some pretty epic employee celebrations – from concerts by big name artists to giving away cars. 

When you work at First PREMIER Bank, every day is another opportunity to make a positive impact while supporting our customers, teammates, and community. Personal success. Respect. Health and wellness. Fun and giving back. 

Compensation and Schedule

Starting wage is determined based on prior work experiences.

Full-time Hours:

Monday - Friday 8:00 a.m. - 5:00 p.m.

Training Schedule:

Paid on-the-job training!

Essential Duties and Responsibilities

We are looking for a highly motivated individual with experience and strong desire to learn and contribute to the PREMIER Internal Audit Team! The ideal candidate will have the ability to work independently and as part of an audit team. The ideal candidate should have the ability to review a process from beginning to end and recognize gaps or control weaknesses. With this position attention to detail and the ability to document audit testing in a clear and concise manner that meets Institute of Internal Audit (IIA) Standards and PREMIER Standards is required. Additional duties and responsibilities include:

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  Proactively identifies and escalates issues as needed to Auditor-in-Charge (AIC) or department management.

  
  


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  Executes assignments independently in support of department objectives and strategy.

  
  


• Conducting audit planning activities and preparing or revising audit programs to accomplish audit objectives.


• Performing audit procedures and preparing acceptable working papers which record and summarize audit data and adequately support conclusions.


• Ability to take coaching notes from documentation and utilize feedback as a learning tool to show progression in documentation meeting standards and requirements such as those with the FDIC Act.


• Performing testing of key controls in accordance with established standards and protocols to determine whether the controls are operating effectively.


• Exercising judgment and discretion in documenting audit results and in analyzing results that support testing conclusions.


• Preparing potential audit findings when exceptions are identified, taking into consideration the root cause of the issue and providing a realistic recommendation for enhancing internal controls or efficiency of operations.


• Working with AIC to communicate audit test results to business unit management verbally and through audit recommendations.


• Completing assigned audit work and project tasks in a timely and accurate manner.


• Communicate audit concerns to AIC or internal audit management to assist in ensuring the business unit management’s efforts to address audit issues are resolved.

Skills and Qualifications

• Bachelor degree preferred and 1 to 3 years of industry experience preferably in a banking or financial organization.


• A certification and/or a commitment to pursue a certification is a plus.   


• Demonstrated organizational, confidential, and independent work experience necessary. 


• Excellent verbal and written communication skills are required; proficient knowledge of the structure and content of the English language is required, including the meaning, rules of composition, and grammar.


• Conduct tasks in a manner that complies with all consumer protection regulations and treats consumers fairly.

We’re Investing in You

• Full medical benefits for 20+ hours/week. Medical plans and contributions to spending accounts with free dental, vision, EAP, life, AD&D, company match 401(k), long and short-term disability plans

• Generous time off plans including PTO and Sick Pay

• 401(k) – Dollar-for-dollar match up to 5% of total compensation, 100% employee-owned

• Growth plans which will provide the opportunity to receive an hourly wage increase

• PREMIER Wellness Program

• Special discounts and pre-sell offers for Denny Sanford PREMIER Center events

• Paid community volunteer hours

• Special employee parties and incentives

Application Process

To ensure timely communication during the application process, please ensure that the "My Presence" portion of your profile is kept current. This should include your most recent phone number and email address. Additionally, please upload any relevant documentation, such as a cover letter and resume. Initial contact will be made via email. Please check your email regularly for any updates or sign in at www.firstpremier.com/careers to view any status changes.

Neither First PREMIER Bank nor PREMIER Bankcard, LLC discriminates in hiring or employment on the basis of race, color, religion, gender, national origin, age, disability, protected veteran status, or status within any other protected group.

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