What are the responsibilities and job description for the Internal Auditor position at Family Trust Federal Credit Union?
The Internal Auditor supports the Internal Audit Department’s goal of providing independent, objective, assurance and consulting services to the Board of Directors, Supervisory Committee and Senior Management at Family Trust. This position will assist in evaluating the effectiveness of Family Trust's governance, risk management, and internal control processes. This position provides an opportunity to conduct all phases of an audit including drafting reports, communicating findings and collaborating with business units. This position offers the opportunity to build foundational auditing experience in a collaborative, growth oriented, team focused environment.
- With guidance, conduct audits of operational systems and financial areas per the annual audit plan as directed including regulatory required audits and other high-risk auditable entities.
- Collaborate with business units in reviewing audit objectives and scope. Interact with auditees by performing work steps, risk interviews and walkthrough discussions as needed. Clarify processes and findings.
- Evaluate effectiveness of established internal controls, risk management processes, policy adherence, regulatory compliance and governance processes.
- Perform audit steps, gather and organize workpapers, and prepare draft reports for delivery to the Director of Internal Audit. Adhere to confidentiality and ethical standards.
- Assist with developing audit programs or updating programs to coincide with operational, legal or regulatory changes.
- Assist external auditors and NCUA examiners with audit testing, document request list and other resources as directed.
- Support investigations of member complaints to the Supervisory Committee and assist with providing information needed for drafting formal responses.
- Attend Supervisory Committee meetings and other committee or management meetings to report on audit findings and related data as needed.
- Assist in administration of audit management software tools, creating data driven reports and managing audits through completion.
- Understand and comply with credit union policy, laws, regulations, and the credit union’s BSA/AML/CIP/OFAC Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious member and/or account activity.