Audit Program Manager

About WebBank

WebBank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies.  The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms.  WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners and Security Premium Finance, a wholly owned subsidiary of National Partners.

Job Summary

Under the direction of the VP Audit & ERM, the Audit Program Manager is responsible for assisting in enhancing and implementing the Bank’s Audit program—including fostering the implementation of risk management principles; playing an active role in governance/review activities; and helping to identify, measure, document and adequately reply to existing and emerging risks.

Primary Responsibilities

You Will:

• Assist with internal audit coordination and communication
• Partner and interface with external audit firms and/or line of business groups in delivering audits, risk assessments, audit plans, risk management and future-state control advisory services
• Ensure compliance with applicable governing banking regulations and guidance
• Review business processes to identify and address potential risk
• Identify area of improvements to enhance business efficiencies and to reduce risk
• Evaluate processes and internal controls driving adherence to Bank policies and procedures
• Review audit reports to ensure quality of deliverables and timeliness of service
• Provide risk analysis and reporting to management
• Conduct program administration including Audit Committee facilitation
• Maintain audit and exam tracking reports
• Validate appropriateness of management remediation in response to audit and exam issues
• Assist in developing, maintaining and enhancing audit-related policies, procedures, and standards

Qualifications

You Have:

• Minimum 5 years of experience in risk management, including audit, compliance, information technology or other areas exposed to risk management (preferably within banking or financial services)—specific experience related to audit or business consulting preferred
• Wide knowledge of financial regulatory environment
• Bachelor’s degree
• Hands on experience with at least three of the following: COSO, SOX, FDICIA, GAAP, SOC, PCI, BCDR, SQL, BSA, FP&A, ALLL, TDR
• More than anything else be smart, hardworking and collaborative
• Strong verbal and written communication skills (including via reports and presentations) and the ability to synthesize complex information

Even Better:

• Master’s degree
• 5 years of experience within a risk vertical including capital stress testing, liquidity management, operational risk, FP&A, compliance, credit (e.g., credit analysis, wholesale credit loss (Commercial Real Estate and Commercial and Industrial Loans), retail credit loss (Residential Mortgages/HELOCs, Credit Cards, Installment/Personal Loans)), or similar experience
• High level understanding of financial statements
• Industry certifications (e.g., CFA, FRM, CPA, CIA, PMP)
• Experience in data management and analysis in Excel and SQL

Company Perks

You Get:

• Flexible work options – Flexible work-from-home opportunities and other hybrid workplace options are available
• Paid Time Off (PTO) - Generous paid time off plus paid parental leave
• Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
• 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
• Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
• Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year