Internal Control Monitoring and Testing Analyst

Welcome to Truist Financial! We are currently seeking a highly motivated and detail-oriented Internal Control Monitoring and Testing Analyst to join our team. In this role, you will play a critical role in ensuring the effectiveness of our internal control processes and identifying potential risks within the organization. We are looking for someone with a strong understanding of internal control principles and experience in conducting testing and monitoring activities. If you are passionate about maintaining a strong control environment and have a keen eye for identifying potential risks, we would love to hear from you! Join our team and make a meaningful impact on our organization's success.

1. Conduct regular testing and monitoring activities to evaluate the effectiveness of internal control processes.
2. Identify potential risks and control deficiencies within the organization.
3. Analyze data and documentation to identify trends and patterns in control failures.
4. Develop and implement control testing plans, including sample selection and testing procedures.
5. Coordinate with various departments and teams to gather information and ensure compliance with internal control policies and procedures.
6. Communicate findings and recommendations to management and collaborate on corrective action plans.
7. Maintain up-to-date knowledge of internal control principles and best practices.
8. Participate in the development and enhancement of internal control policies and procedures.
9. Train and educate employees on internal control processes and procedures.
10. Collaborate with external auditors to provide necessary documentation and support for audits.
11. Monitor changes in regulations and industry standards related to internal controls and advise management on necessary updates.
12. Prepare reports and presentations on internal control testing results and recommendations.
13. Work collaboratively with other team members to ensure a strong control environment and promote a culture of compliance throughout the organization.
14. Continuously improve and streamline internal control processes to increase efficiency and effectiveness.
15. Maintain confidentiality and integrity of sensitive information.

According to JobzMall, the average salary range for a Internal Control Monitoring and Testing Analyst in Charlotte, NC, USA is $65,000-$90,000 per year. However, this can vary depending on factors such as experience, education, and the specific company and industry the individual is working in.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.