Title: IT Audit Manager
Job Location: Livermore, CA
Hiring salary range: $127,094.00 - $161,518.00 annual
Fremont Bank founded in 1964, is one of the oldest independently
owned banks in the Bay Area and is one of the top rated mid-tier banks in the
nation. Voted a Top Workplace for 2023 and for the past thirteen consecutive years,
Fremont Bank has an immediate opening for an IT Audit Manager in Livermore, CA.
Position
Overview
The IT Audit Manager is responsible for leading and managing
IT audit engagements within the Bank. This includes performing audits of IT
infrastructure, applications, security protocols, and data management practices
to ensure compliance with regulatory requirements, internal policies, and
industry standards. This role involves evaluating and improving the
effectiveness of IT controls, governance, and risk management processes. The IT
Audit Manager will work closely with other audit professionals, Digital,
Technology, & Security (DTS) department associates, and business units to
ensure that IT systems and processes align with regulatory requirements,
industry standards, and organizational objectives.
Roles and Responsibilities
Audit
Planning and Execution:
- Develop and execute a risk-based IT audit plan,
including IT general controls, application controls, and security
assessments.
- Manage and lead IT audits from planning through
execution, including scoping, fieldwork, and reporting.
- Oversee IT audits executed by co-source audit provider
to ensure quality of work and consistency with in-house internal audit
methodology and coverage decisions.
- Support integrated IT audit activities for business
process audits by providing direction to audit team for IT-related
control identification and testing.
Risk
Assessment and Control Evaluation:
- Identify and assess IT risks and controls related to
technology infrastructure, applications, data management, and
cybersecurity.
- Evaluate the design and effectiveness of IT controls
to ensure they mitigate risks and comply with regulatory requirements.
- Support audit management for annual risk assessment
and audit plan development activities.
Team
Leadership and Management:
- Supervise and mentor audit staff, providing guidance
on audit techniques, risk assessment, and professional development.
- Coordinate with internal and external auditors to
ensure comprehensive audit coverage and efficient resource utilization.
- Complete assigned audits and projects on time
and within budget.
Reporting
and Communication:
- Communicate audit findings and recommendations
effectively to stakeholders, including IT management and business units.
- Prepare clear, concise, and actionable audit reports
for senior management and the Audit Committee.
Continuous
Improvement:
- Stay updated on industry trends, emerging
technologies, and regulatory changes that impact IT audit practices.
- Recommend improvements to enhance IT governance,
risk management, and control processes.
- Recommend and implement improvements to audit
processes, methodologies, and tools to enhance audit efficiency and
effectiveness.
Regulatory
Compliance:
- Ensure that IT audit practices comply with relevant
regulations, standards, and frameworks (e.g., FDICIA, FFIEC, GLBA, CCPA,
CalFIPA, CRPA, NIST, COBIT, ISO), and organizational policies.
- Assist in the preparation for external regulatory
reviews and examinations.
Stakeholder
Engagement:
- Maintain collaborative and productive relationships
with key business management and audit team members.
- Work closely with DTS team members, risk management,
compliance, and other stakeholders to ensure a comprehensive
understanding of the bank’s IT environment.
- Provide guidance and advisory support on IT risk
management and internal controls.
Minimum Qualifications
- Bachelor’s degree in Information Technology, Computer
Science, Information Systems, or a related field.
- Professional certifications such as Certified
Information Systems Auditor (CISA), Certified Information Security
Manager (CISM), or Certified Information Systems
- Security Professional
(CISSP) are preferred.
- 5-7 years of experience in IT auditing, preferably
within the banking or financial services industry.
- Strong understanding and experience of IT controls,
risk management, and regulatory requirements specific to the banking
sector.
- In-depth knowledge of IT governance frameworks such as
COBIT, ISO, and NIST.
- Strong analytical skills with the ability to identify
and assess complex IT risks.
- Proficiency in audit methodologies, risk assessment,
and control evaluation.
- Excellent problem-solving and project management
skills.
- Excellent communication and interpersonal skills, with
the ability to interact effectively with all levels of the organization.
- Proficiency in Microsoft Office Suite products,
particularly Excel, Word, and PowerPoint. Experience with PowerBI and
CoPilot is a plus.
