IT Audit Manager

Title: IT Audit Manager Job Location: Livermore, CA Hiring salary range: $127,094.00 - $161,518.00 annual Fremont Bank founded in 1964, is one of the oldest independentlyowned banks in the Bay Area and is one of the top rated mid-tier banks in thenation. Voted a Top Workplace for 2023 and for the past thirteen consecutive years, Fremont Bank has an immediate opening for an IT Audit Manager in Livermore, CA. PositionOverview The IT Audit Manager is responsible for leading and managingIT audit engagements within the Bank. This includes performing audits of ITinfrastructure, applications, security protocols, and data management practicesto ensure compliance with regulatory requirements, internal policies, andindustry standards. This role involves evaluating and improving theeffectiveness of IT controls, governance, and risk management processes. The ITAudit Manager will work closely with other audit professionals, Digital,Technology, & Security (DTS) department associates, and business units toensure that IT systems and processes align with regulatory requirements,industry standards, and organizational objectives. Roles and Responsibilities Audit Planning and Execution: Develop and execute a risk-based IT audit plan, including IT general controls, application controls, and security assessments. Manage and lead IT audits from planning through execution, including scoping, fieldwork, and reporting. Oversee IT audits executed by co-source audit provider to ensure quality of work and consistency with in-house internal audit methodology and coverage decisions. Support integrated IT audit activities for business process audits by providing direction to audit team for IT-related control identification and testing. Risk Assessment and Control Evaluation: Identify and assess IT risks and controls related to technology infrastructure, applications, data management, and cybersecurity. Evaluate the design and effectiveness of IT controls to ensure they mitigate risks and comply with regulatory requirements. Support audit management for annual risk assessment and audit plan development activities. Team Leadership and Management: Supervise and mentor audit staff, providing guidance on audit techniques, risk assessment, and professional development. Coordinate with internal and external auditors to ensure comprehensive audit coverage and efficient resource utilization. Complete assigned audits and projects on time and within budget. Reporting and Communication: Communicate audit findings and recommendations effectively to stakeholders, including IT management and business units. Prepare clear, concise, and actionable audit reports for senior management and the Audit Committee. Continuous Improvement: Stay updated on industry trends, emerging technologies, and regulatory changes that impact IT audit practices. Recommend improvements to enhance IT governance, risk management, and control processes. Recommend and implement improvements to audit processes, methodologies, and tools to enhance audit efficiency and effectiveness. Regulatory Compliance: Ensure that IT audit practices comply with relevant regulations, standards, and frameworks (e.g., FDICIA, FFIEC, GLBA, CCPA, CalFIPA, CRPA, NIST, COBIT, ISO), and organizational policies. Assist in the preparation for external regulatory reviews and examinations. Stakeholder Engagement: Maintain collaborative and productive relationships with key business management and audit team members. Work closely with DTS team members, risk management, compliance, and other stakeholders to ensure a comprehensive understanding of the bank's IT environment. Provide guidance and advisory support on IT risk management and internal controls. Minimum Qualifications Bachelor's degree in Information Technology, Computer Science, Information Systems, or a related field. Professional certifications such as Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), or Certified Information Systems Security Professional (CISSP) are preferred. 5-7 years of experience in IT auditing, preferably within the banking or financial services industry. Strong understanding and experience of IT controls, risk management, and regulatory requirements specific to the banking sector. In-depth knowledge of IT governance frameworks such as COBIT, ISO, and NIST. Strong analytical skills with the ability to identify and assess complex IT risks. Proficiency in audit methodologies, risk assessment, and control evaluation. Excellent problem-solving and project management skills. Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of the organization. Proficiency in Microsoft Office Suite products, particularly Excel, Word, and PowerPoint. Experience with PowerBI and CoPilot is a plus.