Internal Audit Analyst

**If candidates are related to, living with, dating, or in a familial-like relationship with a current FirstBank employee or FirstBank Board of Director they cannot be considered at this time** 

Founded in 1963, FirstBank is Colorado's largest locally owned holding company and we are still growing, serving customers in Colorado and Arizona. Our growth can be attributed to one simple philosophy: do right by customers, communities, and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and we take pride in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it. By joining the FirstBank team you will experience our great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions across the company, from Personal Banker and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

The Internal Audit department is responsible for ensuring the organization is in compliance with federal and state regulations, as well as internal policies and procedures, by conducting risk-based audits to assess effectiveness of controls throughout the company. The Analyst acts in both an assurance role as well as a consulting role. The Analyst is responsible for executing intermediate to advanced level functional and regulatory audit engagements and contributing to audit engagement risk assessment, planning, fieldwork and reporting activities. The Analyst is an informal leader in the department and is able to work autonomously as well as assist other auditors in their development. This role will serve as a liaison between the Internal Audit Department, various other departments and external examiners and auditors. In this role, the Analyst uses critical thinking skills to complete assigned test work in an independent manner while utilizing available resources to research and understand different levels of risk and risk-mitigation tactics.

What you will do

• Develop and implement audit programs including planning and being the auditor-in-charge for assigned audits
• Create risk control matrix on complex engagement clients
• Record each audit procedure to document work performed and results obtained
• Contribute to the review of audit testwork completed by other auditors
• Identify and effectively communicate risks and proposed risk mitigation strategies to the markets and centralized departments
• Lead collaboration efforts with other Audit Department personnel to arrive at reasonable conclusions
• Accomplish program objectives of complex audits within agreed upon time constraints
• Interface with and assist external auditors
• Evaluate the design and operating effectiveness of controls over functional, financial and regulatory processes
• Create audit work papers in accordance with Internal Audit standards and navigate within various FirstBank applications and the eGRC system
• Assist in drafting audit reports with Audit Management
• Train and mentor other employees in the department, and identify training and development needs of staff
• Independently lead interviews with individuals in departments and retail locations being audited
• Collaborate with Audit Department employees to further integrate audit concepts into financial, regulatory and functional audits
• Complete testwork and conduct complex audits to verify accuracy of records, compliance of operations with policies and procedures and adherence to applicable laws and regulations
• Respond to questions and provide complex consultative support to retail locations and departments
• Develop an understanding of FirstBank’s varied functional environment components including applications; procedures; and security systems, and the relationships between these and business processes
• Research, understand and stay current on functional risks and industry trends
• Conduct assurance activities to assess risks and internal controls for projects such as new functional processes
• Develop and maintain relationships with operations personnel to assist and expand the consulting role of the Audit Department
• Complete minimum Continuing Professional Education (CPE) requirements and maintain certifications
• Perform other duties and projects as assigned
• Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

• Typically requires a bachelor's degree in related field (Business - Accounting, Finance, Business Administration or IT-related) and a minimum of 2 years of related experience (internal or external public auditing).
• A combination of post-high school education, job related certification and related experience equivalent to 5 years may be considered in lieu of minimum requirements
• Professional certification (CIA, CPA, CRCM) obtained or in process

Preferred Requirements

• Previous experience planning and/or leading audits in a bank or public company
• Previous experience with audit specific data analytic techniques

Knowledge, Skills, and Abilities

• Strong leadership skills and ability to achieve maximum performance through training and coaching
• Ability to solve complex problems and implement solutions
• Critical analysis skills to assess alternative solutions, conclusions or approaches to solve problems
• Active Learning-Understands the implications of new information for both current and future problem solving and decision making.
• Active Listening-Giving full attention to what other people are saying, taking time to understand the points being made and asking questions as appropriate.
• Strong knowledge of business processes in the financial industry
• Excellent verbal and written communication skills
• Proficiency in Microsoft Word and Excel, PDF and similar applications, and ability to learn and work in the eGRC system
• Ability to work under strict time constraints and meet deadlines
• Strong knowledge of applicable regulatory guidelines
• Proficient knowledge of data analytic strategies
• Ability to work with all levels of management and external examiners
• Proficient knowledge of risk management and audit methodologies including the use of risk and control matrices and COSO framework
• Knowledge and understanding of risk identification, control design assessment, and control testing
• Proficient customer-service and interpersonal skills
• Strong knowledge in business processes in the financial industry, risk identification, control design assessment, and control testing

Working Conditions and Physical Requirements

• Frequently remains stationary throughout a typical business day
• Frequently operates a computer and other office machinery, such as a calculator, copy machine, and computer printer
• Occasionally moves about inside the office to access file cabinets, office machinery, and other rooms
• Occasionally positions self to access drawers and shelves of various heights
• Frequently reaches for and handles paperwork and files
• Constantly communicates with customers, coworkers, and management in-person and on the phone
• Must be able to exchange accurate information
• FirstBank does not currently offer fully remote positions, except as required by law. The actual number of in-office days that may be required will vary by business unit, role, and business need.

Salary Range

$76,752.00 To $102,492.00

Statement of Benefits

FirstBank offers a suite of benefits that support our employees’ professional, financial, physical, emotional and spiritual well-being. Benefits currently offered with our positions include: Paid Time Off/paid leave programs, 401K/Employee Stock Ownership, United Healthcare medical, MetLife dental, VSP vision, Employee tuition reimbursement, Volunteer Time Off, Short-Term Disability, Long-Term Disability, and Group Life Insurance/AD&D


EOE/Affirmative Action

FirstBank is an EOE/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or any other legally protected characteristic. FirstBank does not permit pay inequities. Anyone who believes they have been subject to pay inequity should immediately report their concerns to the Human Resource Department.

Colorado Job Application Fairness Act

Under Colorado’s Job Application Fairness Act, you have the right to redact from any documents that you submit in connection with your application information that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution. Should you wish to exercise your right to redact such information, please redact it prior to submitting the documentation

*This job opportunity is expected to close on April 25th, 2025*