Internal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessInternal Auditor Job Description
Reporting structure
The Internal Auditor reports functionally to the Board of Directors through its Audit Committee, which approves the audit plan and budget, receives audit reports, and evaluates performance and independence. For routine administrative and human resources matters (e.g., timekeeping, benefits, expense approvals, and other employment-related items), the Internal Auditor reports to the Chief Financial Officer or another management designee. This administrative reporting is limited to HR/operational support and does not direct audit work or impair independence.
Job Summary
The Internal Auditor is responsible for providing independent and objective assurance on the effectiveness of the bank's internal controls, risk management processes, and governance practices. This role helps ensure the accuracy of financial records, compliance with regulations, and the overall efficiency of operations within the community bank environment.
Principal and Key Responsibilities
Effectively plan and function as Auditor-in-Charge for audits of all areas subject to audit within the company. Conducts an enterprise‑wide risk assessment annually (Q4) to inform a risk‑based audit plan for the next year.Conducting financial, operational, compliance, and special audits in accordance with the annual audit plan.Evaluating internal controls over key systems, business processes, and financial reporting.Develop, review, and analyze the ongoing effectiveness of all audit programs.Assessing compliance with applicable laws, regulations, and bank policies and procedures.Identifying and evaluating risks to the business and recommending controls to mitigate those risks.Develop and implement effective audit techniques and procedures and utilize documentation skills which adequately support audit findings and their materiality within a timely manner.Provides written and verbal updates to the Audit Committee at bi-monthly meetings (plan status, key findings, issue aging, emerging risks).Provide advisory/consulting support on special projects at the request of the Audit Committee or senior management (e.g., control design input, process improvement, pre-implementation reviews), limited to activities that do not involve making management decisions, owning processes or controls, or otherwise impairing Internal Audit’s independence.Manages co‑sourced engagements (e.g., IT/cyber audits, FHLB Audits, Annual External Audits of Financials, BSA Audits, Safety and Soundness Exams, Compliance Exams, etc.): scope, scheduling, fieldwork coordination, and integration of results into reporting when appropriate. Present those findings and internal responses to the audit committee, if applicable.Preparing detailed reports on audit findings, conclusions, and recommendations for improvements and in a timely manner to management and the Audit Committee.Tracking and monitoring the implementation of management's action plans and audit recommendations. This would refer to internal audits and third-party audits required by the bank.Assisting with investigations of alleged internal fraud or misconduct.Staying abreast of industry and market trends, best practices in internal audit, and relevant regulatory changes. Manage bank’s record retention and shred program.Perform other duties as assigned.Required Skills and Preferred Qualifications
Bachelor's degree in accounting or a business-related field preferred. Designation as a Certified Internal Auditor, Certified Bank Auditor, Certified Information Systems Auditor or Certified Public Accountant is preferredStrong analytical, critical thinking, and problem-solving skills to be used to solve complex issues quickly with logic and reasoning.Ability to handle confidential and proprietary information.Excellent written and verbal communication and interpersonal skills.Familiarity with or ability to quickly learn financial reporting, data analysis, and relevant software applications.Knowledge of or ability to quickly learn banking regulations, Bank Secrecy Act (BSA), and other applicable laws and procedures.Ability to work with little or no supervision and manage multiple priorities and deadlines and also determining when to refer situations to superiors or the Audit Committee.Ability to work with and relate to the Audit Committee, superiors, subordinates, associates, independent auditors, Bank regulators, and customers in a professional manner and to motivate and lead associates to willingly achieve desired results.High level of integrity, ethical standards, and attention to detail.Demonstrates a growth mindset and proactively adapts to evolving regulations, risks, and technologies to improve audit effectiveness.Pursues ongoing learning and feedback, updating skills and methods as the bank and industry change.Working Conditions
Primarily office-based work at one of our locations. Travel to the main office of Farmers Bank & Trust Company at 201 South Main Street, Marion, KY 42064 will be required at times.This position requires some non-overnight travel to Bank offices for audit activities and attendance at professional meetings. Rare overnight travel may be required for continuing education purposes.Compensation
Salary Range: To be determined based upon previous auditing and/or banking experience.Benefits
Eligible employees are offered a comprehensive benefits package that currently includes:
Medical, dental, and vision insuranceHealth Savings Account (HSA) and Flexible Spending Account (FSA) options100% employer-paid life insuranceShort-term and long-term disability insurance401(k) and ESOP retirement plans with employer matching contributions up to 6%Paid vacation, sick leave, and holidaysProfessional development and continuing education opportunitiesTuition reimbursement (when applicable)Employee banking benefits and service discountsMileage reimbursement when a bank-owned vehicle is not availableThe Bank is committed to providing a competitive and meaningful benefits program. Plan offerings and terms may be modified from time to time in response to business needs, regulatory requirements, or market conditions.
Disclaimer
This job description is intended to describe the general nature and level of work performed by individuals assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties and responsibilities as business needs dictate. Employees may be required to perform other job-related duties as assigned. This job description does not constitute a contract of employment and does not alter the at-will employment relationship. Read LessCommunity Bank Seeking
Teller/Customer Service Representative
SUMMARY OF POSITION:
Provides quality customer service by opening deposit accounts such as checking, savings, time deposit, safe deposit boxes, etc., assisting customers with the institution’s digital banking application as well as issuing debit cards, understanding customer’s needs and aligning with available products and services, and solving routine customer problems efficiently. Experience is preferred.
PRIMARY JOB DUTIES:
Provides exceptional customer service by greeting customers and assessing customer needs. Answers questions regarding Bank products and services with confidence.Open deposit accounts such as checking, savings, time deposit, safe deposit boxes, etc.Assist customers with the institution’s digital banking application as well as issue debit cards.Makes appropriate customer referrals to appropriate Banking staff.Effectively handles basic customer problems and inquiries as well as ensuring that resolution and follow-up are completed in an accurate, efficient manner.Controls risk to the Bank. Adheres to prescribed security controls to protect the staff and facility against criminal activity and fraudulent operations.Perform services such as ordering checks and debit card.Participates in the general appearance of the office.Acquires and retains knowledge in applicable regulatory requirements.Pursue potential relationships with non-customers. Promote and protect the bank’s interest at all times. Perform any additional duties assigned by management. Ensure customer privacy.Performs additional responsibilities as required.HOURS:
The applicant must be able to work the hours listed below. Schedule may vary within the listed hours of operation. Additional hours may be required for training, meetings or afterhours events when applicable.
Monday – Thursday 8:00am – 4:30pm
Friday 8:00am – 5:00 pm
LOCATION:
The primary location for this position is 2009 Scottsville Road, Bowling Green, Kentucky 42104
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin. Interested individuals may call 1-855-430-2265 or email apply@farmers247.com for an application and additional information.
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