Diana Newell Email & Phone Number

Head of Internal Audit for CardWorks entities, including Merrick Bank. Keeps Boards and Audit Committees apprised of internal and external audit activities Performs risk assessment and risk sensing Develops annual, risk-based audit plan and oversees continuous auditing activities Mentors, develops, and leads team of audit professionals Maintains Internal Audit Quality Assurance and Improvement Program

 Interfaces with FDIC and Utah Department of Financial Institution in examinations Works with Compliance, Enterprise Risk Management, and all first line functions

 Conducted entity-wide risk assessments and developed annual Internal Audit Plans Planned and conducted audits to assess adequacy of internal controls and compliance with policies, procedures, and regulations Developed audit reports and recommendations to increase efficiencies and the effectiveness of the Bank’s internal control systems Consulted with the Board of Directors, executive management, and staff at all levels to promote good business practices including strengthening of the Bank's compliance management system Performed fraud risk assessments and evaluated potential fraud schemes Interfaced and coordinated with external auditors, regulators, and outsourced service providers Performed special investigations as requested by regulators, the Audit Committee and /or management

 Directed all financial reporting for four-tier consolidation including a bank holding company, depository institution, and a wholly owned mortgage company with joint ventures and numerous branch offices located throughout the United States Managed Assistant Controllers, numerous staff accountants, and consultants Coordinated management cost accounting and reporting for 30+ cost centers Performed annual budgeting and on-going monthly forecasting Managed daily liquidity, raised retail deposits in Quickrate and National CD systems, and was responsible for monitoring pledge positions Developed Strategic and Capital Plans Assisted in cross functional analysis and planning for key strategic initiatives Directed all regulatory reporting for the FDIC, Utah Department of Financial Institutions, and the Federal Reserve. Generated quarterly Call Reports.

 Planned, supervised, and executed financial statement audits and consulting projects to clients in multiple industries Utilized understanding of client business, industry, and current market conditions to evaluate propriety of significant management estimates and reporting models, including fair value assessments, liability accruals, receivable and tax valuation allowances, and tax provisions Experienced in assessing cash flow statements, consolidations, budget to actual variances and cash flow forecasts, debt agreements, out-sourcing arrangements, asset purchases, leasing contracts, reserves, revenue recognition policies and procedures, and the application of generally accepted accounting principles Developed and wrote financial statements and disclosures Advised on the impact of management decisions, transactions, and reporting and compliance requirements Managed multiple concurrent projects including all aspects of budgeting and variance analysis, billing, and collections Supervised and trained multiple teams, performed formal staff evaluations, and developed and nurtured mentoring relationships Nominated to participate in national firm leadership development training and the Focus Forward Program for high-performing women managers

Bachelors, Accounting

Master Of Professional Accountancy, Accounting