AVP, Internal Audit Supervisor
Location: El Monte
Posted on: June 23, 2025
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Job Description:
Under the supervision of the SVP, Chief Audit Executive and the
VP, Internal Audit Manager, the AVP, Internal Audit Supervisor will
lead operational, compliance, lending and/or financial audits, of
central operations departments, administrative departments, lending
units, and other business unit activities of Cathay General Bancorp
and its subsidiaries. The audits may also cover any functional or
organizational activity, with emphasis on complex and higher risk
areas. As an AVP, Internal Audit Supervisor, when assigned as Lead
Auditor-in-Charge, plans, conducts, coordinates, and directs the
activities of assisting auditors. The AVP, Internal Audit
Supervisor, performs all duties in accordance with the
International Standards for the Professional Practices of Internal
Auditing. The focus on the AVP, Internal Audit Supervisor may vary
depending on the unit manager to whom they report. ESSENTIAL
FUNCTIONS • Prepares high level flowcharts or control narratives,
risk assessments, and audit programs for the audit
area/function/department to determine the nature of the operations
and the existence of sufficient internal controls used to achieve
established objectives and minimize the risk exposure to the Bank.
• Reviews, verifies, and analyzes transactions, documents, records,
and reports for accuracy, completeness, appropriateness, and
compliance with laws, regulatory requirements, policies, and
procedures. • Continuously monitors external and internal sources
for updates to the Bank’s requirements and emerging risk topics,
then amends audit work programs and documentation as appropriate. •
Evaluates the adequacy and effectiveness of internal control
methods, policies, and procedures. • Supports the Audit Manager
with annual planning, issue validation, and regulatory compliance
exams. • Determines that duties are performed in accordance with
company policies, operating procedures, other management
instructions, and regulatory requirements. • Determines that
transactions are recorded promptly and accurately. • Determines
that assets are safeguarded adequately. • Conducts interviews with
appropriate Bank personnel to supplement assigned audit test. •
Prepares professional work papers including supporting
documentation for each audit issue identified. • When acting as
Lead Auditor-in-Charge, performs the following additional duties: •
Plans the audit including development of the risk assessment, high
level process flows, internal control documentation, and the audit
program. • Assigns segments of the program to assisting auditors. •
Provides guidance to assisting auditors to ensure they conduct
themselves in a professional manner. • Oversees staff assignments
to ensure completion within established time budgets. • Immediately
informs the Chief Audit Executive and/or Audit Manager of any
conditions that may adversely impact the audit or the Bank’s safety
and soundness. • Reviews work papers prepared by assisting auditors
for accuracy and completeness. • Prepares Exit Grid with findings
and recommendations for the review and approval of the Audit
Manager and Chief Audit Executive. • Presents audit findings to
management in Exit meetings. • Prepares draft audit reports for the
review and approval of the Audit Manager and Chief Audit Executive.
• Performs follow up to determine the existence and adequacy of
corrective actions taken by management in response to audit
recommendations. • Develops good working relationships with
auditees and collaborates with auditees during the audit process. •
During the professional performance of their duties, is expected
to: • Recommend revisions to audit programs resulting from changes
in operating activities. • Recommend the scope of audit testing and
the resources needed, including the use of computer assisted
auditing techniques (CAAT). • Performs fraud investigations as
assigned. • Provides on-the-job training to other internal audit
team members as needed. • Performs special projects as assigned by
the Chief Audit Executive and/or Audit Manager. • Maintains and
enhances technical and professional competence through continuing
education. QUALIFICATIONS • Education: BA/BS in accounting,
business, finance, or related field. • Certifications: Hold or
actively pursue certifications such as Certified Internal Auditor
(CIA), Certified Public Accountant (CPA), Certified Regulatory
Compliance Manager (CRCM), Certified Anti-Money Laundering
Compliance Specialist (CAMS), Certified Fraud Examiner (CFE),
and/or other internal audit related certifications. • Experience:
Minimum 5 years of audit experience leading audits in a public
accounting or private industry internal audit function, including
at least 2 years in a Bank or Financial Services industry and at
least 3 years supervising audit teams is required. •
Skills/Ability: • Strong verbal, written, and analytical skills
with demonstrated ability to deal effectively with all levels of
management to effect impactful control environment changes. •
Strong understanding of internal control theory and audit
techniques, plus a good working knowledge of computer assisted
audit techniques. • Effective project management skills. • Must be
a team player. • Work independently and in a team environment. •
Ability to make certain decisions in absence of management
guidance. • High level of integrity and discretion in handling
confidential information. • Ability to travel, including occasional
overnight and overseas assignments.
Keywords: , Compton , AVP, Internal Audit Supervisor, Accounting, Auditing , El Monte, California
