We're looking for an Audit Specialist to join our team and support our mission to provide customers and employees the best experience possible by focusing on excellence in everything we do. That might sound like a lot of corporate mumbo jumbo, but quite literally you'll be reviewing our internal processes to ensure we are performing to our standards of excellence. With a minimum starting salary of 50k (additional base starting salary based on prior experience) your earning power will increase as you learn our internal audit process and gain industry and Mercantile specific experience.
PRIMARY RESPONSIBILITIES:
- Complete assigned audits in accordance with the Audit Plan by gathering necessary information, collaborating with internal stakeholders, evaluating process, and drawing conclusions.
- Submit work papers, collaborate with the audit team, and respond to feedback and additional requests appropriately.
- Focus on details and process with the understanding that there will be situations that do not have a black and white answer. This role requires continuous learning, asking good questions, communicating as a neutral third party, and problem solving.
A Day in the life as an Audit Specialist
The Audit Team operates independently, ensuring our bank adheres to the highest standards in internal and customer-facing operation, however, that doesn't mean you'll be working independently. You will engage with every single department in the bank and learn about all bank processes. While the scope of this role can seem daunting at first, we provide comprehensive training and ongoing support to help you learn. Additionally, through repetition and feedback, you will learn the "language" of auditing at Mercantile Bank and how to document this process effectively. Working closely with the rest of the audit team you'll collaborate, submit work papers, and receive feedback continuously.
Given the nature of this position, this role requires someone who enjoys variety, thrives in a changing environment, and is naturally curious. Over time you will learn about every function within the bank as all departments are audited based on the annual Audit Plan. There is always something new to learn and new processes being introduced throughout the organization, so someone who is comfortable taking on new challenges and enjoys doing something different each day will be more likely to succeed and truly enjoy this role.
It kind of goes without saying, but to do well in this position, it's important to be extremely detail oriented, logical, and process oriented. Not every situation is going to have a black and white answer and someone who is able to operate with some ambiguity while making independent judgment calls based on analysis of facts is what makes a great auditor.
As we're focused on using innovative technology to support our customers, we have many different computer systems that are both internal and external facing. Someone who enjoys technology is a must. Depending on the audit you're assigned, you will need to learn new systems and how they integrate with the specific processes within that department.
What we're looking for in An Audit Specialist
Candidates should possess a bachelor's degree, preferably in a business-related field, along with at least one year of banking or auditing experience. Preference given for candidates that have worked in an audit capacity over banking experience, however bankers are encouraged to apply as this role provides an entry point into audit for those that already have some banking background.
A high aptitude for technology and a willingness to learn new systems are critical, particularly with software like Excel for data analysis and reporting.
Strong written communication skills are necessary to convey information clearly and succinctly. The ideal candidate will demonstrate a professional demeanor and a positive outlook, focusing on collaboration rather than fault-finding. Being adaptable in a team-oriented environment that celebrates success is crucial.
Effective time management and the ability to multitask amid shifting priorities are essential for managing audits efficiently. Additionally, candidates should have a valid driver's license, as some travel to regional branch locations will be required, with minimal overnight stays expected. A commitment to pursuing relevant audit certifications is also highly valued.
Your typical schedule will be Monday through Friday, from 8 a.m. to 5 p.m. After you learn the basics and complete your training and onboarding in-person, you will be eligible for a hybrid work schedule with 1(+) days' work from home per week. Flexibility is required and you may need to come in for a meeting or complete site visits on a work from home day as needed.
Requirements:
- Obtained a bachelor's degree - with preference given for a business-related degree
- Has at least 1 year of banking or auditing experience
- Has a high aptitude for technology and learning new systems
- Enjoys analysis - utilizing excel, logic, and understands when to ask for guidance
- Is a very strong written communicator and able to convey information in a succinct and factual manner
- Has a professional demeanor with a positive outlook (we're not here to "catch people breaking the rules"!) and who enjoys working in a team environment that celebrates wins and supports one another
- Is able to work in an office environment while answering calls and operating a computer M-F from 8am-5pm
- Has a valid driver's license and ability to operate a motor vehicle. Depending on the audit it may require travel to branch locations regionally throughout MI with the majority being day trips. Overnight travel is unlikely to exceed more than 5-10 days per year
- Has desire to obtain necessary audit certifications as required
- Enjoys multiple projects and is able to identify changing priorities
- Ability to manage their day with effective time management skills
APPLY TODAY!
If you believe that this position sounds like you and matches your requirements, applying for it is a breeze. We look forward to reviewing your application and will be in touch with you soon!
