Senior Internal Audit

COMPANY DESCRIPTION:  Forbright is a nationwide full-service bank and lender helping accelerate the transition to a sustainable and low-carbon economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable economy by financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back.  We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION:  We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a more sustainable future.

Job Summary:  The Senior Internal Audit role reports to the Senior Manager, Internal Audit and works closely with senior leadership and other key stakeholders. This position conducts audits and reviews various areas related to Forbright Bank, assisting in the development of audit programs, testing with a focus on business operations and internal controls over financial reporting (ICFR). This is a hands-on role with a primary responsibility for planning and executing audit work programs, identifying, drafting, and communicating audit issues, and ongoing issue follow up and remediation. This position also assists in performing audit risk assessments and developing audit objectives and procedures.

• Assist the Internal Audit team in accomplishing audit department objectives in a team environment  
• Actively participate in meetings to ensure that Internal Audit is well-informed of key business developments that could have an impact on audit priorities and plans 
• Support in the execution of audits in accordance with departmental and professional internal audit standards, plan and prioritize audit work, conduct interviews, document and analyze procedures and controls, prepare workpapers, and develop audit recommendations 
• Perform data analytics testing over departmental data as part of audit plan execution 
• Assist in developing formal written reports to communicate audit results to management and other stakeholders 
• Maintain open communication with Bank management, external auditor, and the co-sourced internal audit team
• Maintain continuous knowledge development regarding regulations, best practices, tools, techniques, and performance standards
• Other duties as assigned

• Bachelor’s Degree in Accounting, Finance, or related field preferred
• High School Diploma required
• Professional certifications (e.g., CPA/CIA) preferred  
• Prior banking industry experience preferred
• Minimum 2-3years of experience in internal audit; or related experience working in financial institution or public accounting firm 
• Strong project management and organizational skills, with the ability to manage multiple priorities and meet deadlines 
• Knowledge of internal auditing standards, techniques, and best practices
• Strong understanding of internal control concepts, internal auditing standards, risk assessment practices, COSO three lines of defense, etc.  
• Strong communication and interpersonal skills, with the ability to build relationships and influence stakeholders
• Excellent analytical skills, with the ability to identify patterns, detect anomalies, and assess the effectiveness of controls
• Proficiency in using audit tools (e.g., AuditBoard, Archer) and technologies, as well as data analytics preferred

The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $70,000 (entry level qualifications) to $90,000 (highly experienced).

POSITION REQUIREMENTS: The requirements described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. Work is conducted primarily in an office; however, some positions may be conducted remotely via technology. While performing duties of this job, the employee may be regularly required for prolonged periods of time to:

• Sit or stand at a desk

• Walk, stoop down, crouch, kneel or bend over

• Use hands and fingers

• Utilize a computer monitor with visual acuity

• Operate technology and other office machinery such as printers, fax machines, scanners, etc.

• Communicate clearly both verbally and in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

PERKS/BENEFITS:

• Comprehensive health, dental, and vision plans

• 4 weeks PTO

• 401k + company match

• Metro SmartTrip benefits ($50/mo)

• Remote or hybrid work schedules for most positions

• Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.

• Paid subscriptions to Veterans Compost, Imperfect Foods, and more!

• Best Workplaces for Commuters 2023 & 2024 winner

• The Washington Post Top Workplaces 2023 & 2024 winner

• American Banker Best Banks to Work For 2023 winner

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.