Title: Internal Quality Control Specialist

Department: Enterprise Risk Management

Location: Corporate- Not remote

Non-exempt

SUMMARY:

Internal Control Specialist/Assistant Auditor is responsible for performing periodic assessments of the effectiveness of the quality control functions in the business lines of the organization; compiling and summarizing gathering, researching, and verifying internal or external audit or examination materials as directed; updating audit programs and risk assessments as assigned; performing verifications of CTR filing and 314a screening; and any and all essential duties and responsibilities or other duties as assigned.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Supervisory Committee

• • • Create and deliver the Supervisory Committee Agenda and any necessary supporting documents, including a status report for any issues or findings, for each scheduled meeting of the Supervisory Committee in a timely and complete manner.
    • Record Supervisory Committee Minutes. Provide Supervisory Committee minutes to the appropriate Supervisory Committee representatives for signature. Provide a copy of the signed Supervisory Committee minutes to the Board Liaison and Executive Administrator for inclusion in the Board Packet.
    • Maintain open communication with management and Supervisory Committee.

• Provide assistance to the Internal Auditor including performance of any assigned internal audits, internal control testing and validation, examination request support, external audit support or outsourced internal audit support as required.

• Maintain issues or findings tracking tools and ensure each issue or finding disclosed on an internal, outsourced internal, or external audit or examination report is recorded to the system in full as required, assigned a party responsible for closure, indicating a due date for items recorded. Ensure issues or findings are closed with supporting documentation confirming the steps for closure. Create status reporting for presentation to Senior Management, the Supervisory Committee, or to outsourced internal auditors, external auditors or examiners as requested or as necessary.

• Retain independence in activities performed in accordance with Internal Audit Charter, Internal Audit Policy, and any generally accepted standards referenced in the Internal Audit Charter or Internal Audit Policy or governing laws, rules or regulations.

• Assist in planning and implementing audits including performing necessary risk assessments, updating audit programs and procedures, conducting assessments to detect deficient controls, duplicated efforts, fraud, or non-compliance with laws, regulations, and management policies. Assist in reviewing the suitability of internal control design.

• Prepare and present concise and informative audit reports that reflect the audit's results and/or document progress for a long audit process in accordance with directives of the Internal Auditor or in accordance with policies and procedures in place. Document audit procedures and cross reference workpapers

• Engage in continuous knowledge development regarding rules, regulations, best practices, tools techniques and performance standards.

• Complete root cause analyses as required.

• Perform periodic assessment of the effectiveness of the loan quality control functions within the business lines utilizing approved testing matrices. For each testing period, notate on the testing matrix any changes to policies, procedures, products, personnel, programs/providers in use and list the overall volumes for each month in dollars and in units that would affect risks to the reviewed area.

• • Indirect Lending record and test stated attributes on the approved testing worksheet
  • Mortgage Loans record and test stated attributes on the approved testing worksheet

• Perform periodic assessments of the effective and timely filing of CTRs and administration of 314a requests.

• Adheres to the credit union's records retention policy and procedures guideline to effectively maintain records and to ensure full compliance with all applicable laws and appropriate regulatory agencies.

• Performs such other duties as assigned.

• Abides by the Service Standards established by the credit union.

PERFORMANCE STANDARDS:

Performs duties, responsibilities, and accountabilities in accordance with standards and regulations for credit unions.

QUALIFICATION REQUIREMENTS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE:

High school diploma, or equivalent required. Some college preferred. At least 2 years of similar or related experience.

LANGUAGE SKILLS:

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers,

regulatory agencies, or members of the business community. Ability to write speeches and

articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

MATHEMATICAL SKILLS:

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

CERTIFICATES, LICENSES, REGISTRATIONS:

None.

OTHER SKILLS and ABILITIES:

Ability to work with personal computer data base and spreadsheet program.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls and reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must occasionally lift and/or move up to 30 lbs.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.