Description:
Role Responsibilities
Responsible for the management and administration of the internal audit and related functions:
-
Strategically and tactically lead and direct the audit area of the credit union;
-
Develop risk based annual audit plan for the credit union;
-
Utilize audit programs as guides and initiate additional audit steps were deemed appropriate;
-
Analyze audit programs for effectiveness, recommending changes and improvements where appropriate.
-
Manage and supervise internal audit staff;
-
Aid in the development of internal audit staff's skills and competencies;
-
Develop and maintain audit programs and define scope of reviews;
-
Oversee internal audit documentation and work papers;
-
Evaluate and analyze all audit findings thoroughly to reach logical conclusions about the controls in place or absence of required internal control measures;
-
Follow up on outstanding findings to ensure appropriate resolution;
-
Manage audit reports directed to the group audited, Senior Management, and the Audit Committee;
-
Review department related policies and procedures for compliance with regulatory requirements and sound practices;
-
Maintain appropriate records for all audit documentation;
-
Complete required site visits to credit union locations as needed;
-
Act as liaison or aid with internal staff, external auditors and TCUD and NCUA examiners to ensure requests for items and information are satisfactorily met;
-
Maintain up to date skills and competency through on-going professional, formal and informal training or self-study;
-
Present audit reports and/or observations to the Audit Committee and act as the primary contact of the Committee members;
-
Collaborate with the Compliance Officer to ensure the credit union's policies and strategies are compliant with applicable laws and regulations;
-
Conduct special audits/projects as assigned;
-
Adhere to appropriate Risk Management and Compliance policies and procedures
-
Perform various other duties as assigned.
Requirements:
Required Experience
-
Bachelor's degree in business management, finance, accounting and/or related work experience with knowledge of federal and state credit union regulations;
-
Minimum five to seven (7 years in internal audit or external auditing of financial institutions with minimum two (2) Years in supervisory role.
Skills, Education and/or Certifications Required
-
Minimum one (1) to three (3) years of experience in a financial institution is preferred;
-
High school graduate with equivalent or demonstrated qualifying experience;
-
CIA, CFSA, and/or CPA Certifications encouraged but not required.
-
Preferred knowledge of industry-standard software and systems related to card services;
-
Must be capable of performing in a fast-paced office environment;
-
Requires an organized, detail-oriented self-starter who is able to work independently;
-
Preferred working knowledge of current Windows Office Software;
-
Confidentiality of information and security of records are required;
-
Possess a strong work ethic and team player mentality;
-
Highly developed sense of integrity and commitment to member satisfaction;
-
Must have excellent communications skills, both written and verbal, to effectively communicate with both internal and external members.