Internal Auditor

The National Bank of the Virgin Islands ("the Bank") is seeking a qualified professional to join our team as a Full-Time Internal Auditor.

Job Summary

The Internal Auditor will independently and objectively evaluate the effectiveness of the Bank's internal controls, risk management, and governance processes. The role is integral in supporting the Executive Management Team and the Board of Directors in safeguarding the Bank's operations and reputation.

Qualifications

1. Bachelor's Degree in Banking, Accounting, Finance, Business Management, or a related field.
2. Professional certification in audit, compliance and/or risk assessment would be an asset.

Required Skills and Training

1. Proficiency in audit procedures, including planning, testing, and sampling methodologies.
2. Strong knowledge of operational and business risk management, internal controls, and process improvement in a banking or financial services environment.
3. Analytical skills with the ability to evaluate and present findings clearly and concisely.
4. Demonstrated ability to conduct financial audits with accuracy and thoroughness.
5. Up-to-date knowledge of legislation and industry practices relevant to banking and auditing.
6. Strong interpersonal and communication skills with the ability to liaise with a range of stakeholders, manage sensitive situations, and build long-lasting relationships.
7. Proficiency in the use of Microsoft Office tools.
8. Familiarity with Internal Audit software such as IDEAGEN/Pentana Audit.
9. Demonstrated ability to manage and mentor team members effectively.
10. Familiarity with the legal and ethical standards governing banking in the Virgin Islands.

Experience

1. At least three (3) years in a senior internal audit or similar role, preferably in the financial services industry.
2. Experience in commercial banking is a significant asset.

Primary Responsibilities

1. Collaborate with the Board of Directors and Executive Team to identify and analyse the Bank's major risks.
2. Develop and execute an annual internal audit plan aligned with the objectives of the department.
3. Design structured schedules and programs to ensure timely execution of audit plans and review of new products and system changes.
4. Provide timely, actionable recommendations to address audit findings and monitor implementation progress.
5. Review and report on the accuracy, timeliness, and relevance of financial and operational information provided to management.
6. Conduct ad-hoc reviews as requested by the Board, Executive Management, or Regulators while maintaining audit independence.
7. Assist external auditors and regulators in their audits and inspections, as needed.
8. Identify and address training needs to stay current with audit approaches, tools, and best practices.
9. Provide periodic reports to the Bank's regulators as required by legislation or upon request.
10. Undertake other duties as assigned or attendant to the post of Internal Auditor ensuring the internal audit function meets the Bank's needs.

Reporting Line

The Internal Auditor reports directly to the Board of Directors with an administrative reporting relationship to the Chief Executive Officer.

Application Process

Required Documents:

1. Cover letter (specifying the vacancy).
2. Résumé and certified copies of academic qualifications.

Submission

Submit your application via BambooHR using the "Apply for This Job" link in this advertisement.

Please address applications to:

Ms. Chanteé Mathavious
Human Resources Manager
National Bank of the Virgin Islands Limited
P.O. Box 275
Road Town, Tortola VG1110
British Virgin Islands

Application Deadline: 6th December 2024

Note: Do not apply via email or submit hard copies unless directed to do so.

For further information or clarification, please contact (284) 852-2986.

Disclaimer: Only shortlisted candidates will be contacted.