American Land Title Association (ALTA)
Sample Job Description – 12-31-2015
JOB TITLE:
Internal Auditor
REPORTS TO: (Supervisor)
DEPARTMENT: (Department)
JOB SUMMARY
Our internal auditor is responsible for conducting onsite audits of escrow accounts (i.e., reviews title and
escrow files and files reports accordingly) for all agents by following state and federal laws, as well as
our own standard audit procedures and forms. This position is responsible for identifying existing or
potential control weaknesses and reporting constructive recommendations. Our internal auditor
composes an audit report for each agent addressing problems, issues, and recommendations. S/He is
required to develop and maintain effective communication and rapport with agents to ensure
cooperation and receptiveness in implementing audit recommendations. This position performs pre-sign
audits prior to agent approval, as well as attends auditing and educational seminars.
DUTIES & RESPONSIBILITIES
 Performs in-person audit examinations with approved audit program
 Executes detailed audit procedures
 Reviews bank statements, cancelled checks, and reconciliation reports for accuracy and
effectiveness
 Reviews outstanding checks and deposits to investigate for any irregularities
 Evaluates effectiveness of internal controls of attorney agents
 Reviews real estate files for compliant underwriting procedures and documents any deficiencies
 Reviews general office procedures for segregation of duties, security controls, attorney
oversight and timely reporting
 Presents findings and recommendations to management during and at the conclusion of each
audit
 Prepares exit reports for attorney agents, state manager, and chief internal auditor
 Conducts follow-up audits on any deficiencies found on initial audits
 Delivers cancellation letters to deficient agents as required by the state manager
 Performs required agency termination procedures and retrieves policy inventory
 Prepares annual audit schedule to maximize effectiveness of agency audits
 Participates in a variety of audit procedures, including tests of internal controls, walkthroughs,
and agent office observations
 Contacts agents to schedule, conduct, and document audits of attorney agents
 Develops knowledge in information technology, auditing, accounting, and business
 Stays informed of changes in auditing techniques and related areas
 Performs other duties as assigned by supervisor
 Adheres to company policies and guidelines
Copyright American Land Title Association© (ALTA©) 2015. This is a sample provided by the American Land Title Association
(ALTA) and is for illustrative purposes only. This sample is a starting point and is not intended to contain an exhaustive list of
core competencies and responsibilities or employer requirements. Any person or entity contemplating using any part of this
sample is advised to consult with an attorney about any employment law requirements. ALTA is not a joint employer with any
such employers, entities, or persons.
American Land Title Association (ALTA)
Sample Job Description – 12-31-2015
QUALIFICATIONS
EXPERIENCE
No prior experience required.
EDUCATION
o A high school diploma is required.
o Local seminars, workshops, home study courses, and courses offered through local
colleges and universities are recommended prior to and during employment.
CERTIFICATIONS, LICENSES, INSURANCE
A valid state driver’s license and a clean driving record are required.
KNOWLEDGE
Understanding of audit procedures and how to prepare audit work papers in accordance
with U.S. GAAP, U.S. GAAS, and PCAOB documentation requirements.
SKILLS
o Adaptable: adapts to new, different, or changing requirements
o Attentive to details
o Business fundamentals: recognizes the importance of maintaining privacy and
confidentiality of company information, as well as that of customers and co-workers,
and complies with intellectual property laws
o Critical thinking: uses logical thought processes to analyze and draw conclusions
o Customer focused: is pleasant, courteous, and professional when dealing with internal
and external customers or clients
o Dependable and reliable: displays responsible behaviors at work
o Initiative: demonstrates a willingness to work and seeks out new work challenges
o Integrity: treats others with honesty, fairness and respect
o Mathematics: uses mathematics to solve problems
o Multi-lingual skills preferred
o Planning and organizing: plans and prioritizes work to manage time effectively and
accomplish assigned tasks
o Problem solver: applies critical thinking skills to solve problems by generating,
evaluating, and implementing solutions
o Professional: maintains a professional demeanor at work
o Proficient in English
o Reading: understands written sentences and paragraphs in work-related documents;
applies what is learned from written material to work situations
Copyright American Land Title Association© (ALTA©) 2015. This is a sample provided by the American Land Title Association
(ALTA) and is for illustrative purposes only. This sample is a starting point and is not intended to contain an exhaustive list of
core competencies and responsibilities or employer requirements. Any person or entity contemplating using any part of this
sample is advised to consult with an attorney about any employment law requirements. ALTA is not a joint employer with any
such employers, entities, or persons.
American Land Title Association (ALTA)
Sample Job Description – 12-31-2015
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Respectful: works effectively with those who have diverse backgrounds
Team player: works effectively with others
Technology: uses information technology and related applications to convey and
retrieve information; demonstrates strong computer/typing skills in Microsoft Office,
email programs, and internet browsers
Telephone skills, including a pleasant phone voice and etiquette
Verbal communication: maintains open lines of communication with others
Writing: uses standard English to clearly communicate thoughts, ideas, and information
in written form
NOTE: Skills list resourced in part from Common Employability Skills, National Network of
Business and Industry Associations, 2014. Print and online at:
http://www.nationalnetwork.org/wpcontent/uploads/2015/05/Common_Employability_Skills-03-30-152.pdf.
ESSENTIAL JOB FUNCTIONS (including physical requirements)
o This position requires repetitive use of a keyboard, bending, sitting, squatting, walking,
standing, and simple grasping.
o Must have the ability to lift, carry, push, pull, or otherwise move objects of considerable
weight.
o Overnight travel by air and/or automobile is required.
Copyright American Land Title Association© (ALTA©) 2015. This is a sample provided by the American Land Title Association
(ALTA) and is for illustrative purposes only. This sample is a starting point and is not intended to contain an exhaustive list of
core competencies and responsibilities or employer requirements. Any person or entity contemplating using any part of this
sample is advised to consult with an attorney about any employment law requirements. ALTA is not a joint employer with any
such employers, entities, or persons.