Title: IT Auditor
Job Location: Livermore, CA
Hiring salary range: $85,631.00 - $103,928.00 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 Auditor in Livermore, CA.
Position Overview
The IT Auditor is responsible for working on audits to support completion of the annual audit plan. 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. The IT Auditor, who may work under the direction and supervision of more experienced members of the team, is responsible for assessing IT risks, controls, processes, and systems, developing audit tests, carrying out audit fieldwork, and developing audit findings that summarize audit results.
Role and Responsibilities
Audit Execution:
- Execute risk-based audit plans for IT systems, applications, and infrastructure in line with the bank’s internal audit methodology.
- Complete audit test procedures to evaluate the design and effectiveness of internal controls that mitigate IT-related risks, including workpaper documentation to support the audit work performed and conclusions reached.
- Assess compliance with regulatory requirements and other relevant standards and frameworks (e.g., FDICIA, FFIEC, GLBA, CCPA, NIST, COBIT, ISO).
- Communicate audit status and audit findings regularly and timely to audit stakeholders (e.g., process owners, management) as well as audit management to ensure there are no surprises and achieve management buy-in.
- Develop audit findings and reports that are clear, concise, well-supported, and identify root causes.
- Learn to run business meetings that are well organized, efficient, and achieve meeting objectives.
- Complete assigned audits and projects on time and within budget.
- Stay current with emerging IT risks, technologies, and regulatory changes affecting the banking industry.
- Recommend improvements to enhance IT governance, risk management, and control processes.
Stakeholder Engagement:
- Maintain collaborative and productive relationships with key business management and audit team members.
- Work closely with Digital, Technology, & Security (DTS) team members, risk management, compliance, and other stakeholders to ensure a comprehensive understanding of the bank’s IT environment.
- Support IT Audit Manager in providing guidance and advice 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 highly desirable.
- 3-5 years of experience in IT auditing, preferably within the banking or financial services industry.
- Strong understanding of IT controls, risk management, and regulatory requirements specific to the banking sector.
- Strong understanding of IT governance frameworks such as COBIT and NIST.
- Strong analytical skills with the ability to identify and assess complex IT risks.
- Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of the organization.
- Proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint. Experience with PowerBI and CoPilot is a plus.