Internal Audit Lead

ABOUT US Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting-edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation. At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential. If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you. Check out our video here https://www.youtube.com/watch?v=UCWaDxFnla8&ab_channel=CoastalCommunityBank! OVERVIEW This is an immersive, fast-paced role, giving you the opportunity to work with recognized experts in their field, both within Internal Audit and across the Bank. As an experienced Internal Auditor, you will be responsible for identifying risks of the Bank by conducting internal audits, performing testing for FDICIA/SOX controls over financial reporting, performing testing of other strategic areas of the Bank, and participating in risk management projects to provide independent assurance to the Board and senior management. HOW YOU'LL DO IT - Conducts operational, compliance, and financial-related internal audits to determine the adequacy and effectiveness of controls maintained in accordance with bank policies and procedures. - Recommends corrective action and suggests best practice improvements in the draft audit report. - Surveys functions and activities in assigned areas to determine the nature of operations and the adequacy of the system of controls to achieve established objectives. - Performs testing of internal controls over financial reporting for compliance with FDICIA and SOX 404. - Lead multiple concurrent audit projects from start to finish, including planning, fieldwork, and reporting. - Drive discussions and asks probing questions to further dialogue with stakeholders to understand risk drivers, control state, and impact. - Advise and assist the business on change initiatives while advancing integrated auditing concepts and technology adaptation. - Participate in bank and industry events that will enhance your skills and expand your knowledge - Participate in remediation testing and continuous monitoring. - Review and finalize audit reports and management actions to ensure they are high quality, clear, concise, constructive, and relevant. - Understanding, evaluating, and translating requirements into data analytics use cases while learning about the business and applying critical thinking to deliver business value. - Assisting with the build of self-service tools/dashboards/data models/innovative approaches to audit using analytics. WHAT YOU'LL BRING - Communicates with impact, able to state risks and issues concisely, and articulates impact in a structured manner both verbally and written. - Understanding of regulatory compliance and FFIEC requirements is desired. - Strong analytical skills necessary to prepare audit programs, work papers, and reports and determine corrective action. - Ability to effectively present information and respond to questions from management and employees. - Ability to organize and prioritize multiple projects while meeting deadlines with minimal direct supervision. - Can exercise independence of judgment and autonomy. - Proficiency using Microsoft Office, particularly PowerPoint and Excel. Required and Preferred Experience - Accountancy Degree from a four-year college or university; or three to five years of relevant bank audit experience. - Experience with data analysis processes and tools preferred. - Three years of experience with Internal Audit and/or FDICIA/SOX testing or equivalent combination of education and experience. - Related certifications: Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) Certified Regulatory Compliance Manager (CRCM), preferred. HOW YOU’LL THRIVE AT COASTAL - Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development. - Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference. - Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust. - Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box. - Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder. - Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence. BEING YOU AT COASTAL Coastal is an equal opportunity employer. We are committed to providing a workplace free from discrimination and harassment. All employment decisions are based on merit, qualifications, and business needs. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status under applicable laws. BENEFITS WE OFFER We’re proud to offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance. Our offerings include: - Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle. - Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions. - Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs. - Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly. - Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents. - Long-Term /Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury. - Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most. - 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future. - Paid Time Off: Generous vacation and sick leave policies to support your time away from work. - Holidays: Enjoy 11 paid holidays throughout the year. Check out our benefits on our careers site https://jobs.ashbyhq.com/coastal!! PHYSICAL DEMANDS The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee must be able to: - Sit for extended periods of time. - Stand for extended periods of time. - Perform repetitive finger, hand, and arm movement. - Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc. - View and read computer screens for extended periods. - Occasionally stoop, kneel, crouch, or crawl. - Occasionally lift or move up to 10 pounds. OTHER DUTIES Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.