Internal Auditor

Description

Description

FLSA Status: Exempt

Hours of Work: Monday - Friday 8:00a-5:00p

Reports to: Director of Internal Audit

Pay Grade: 8- $52,700 - $54,680 annually

Role:

Supports the internal audit function by executing entry- to mid-level risk-based audits in alignment with the annual audit plan to assess the adequacy of policies and procedures, the effectiveness of internal controls, to identify areas of risk, and recommend improvements to enhance regulatory compliance and operational efficiency. Assigned audit engagements may include financial, operational, and compliance audits across various departments within the credit union. Audit work includes interviewing and observing staff, sampling data, and reviewing, verifying, and confirming procedures and policies against practices and records to determine compliance with federal regulations, to detect fraud and deficiencies in internal controls, and to ensure satisfactory performance of duties by staff. 

 Essential Functions: 

35%

Conducts audits of departments, branches, functions, or processes, as assigned, to ensure the adequacy and effectiveness of internal controls. Works with the Director of Internal Audit in developing the audit scope and objectives, including test steps, and updates audit programs as needed. Follows all internal audit policies and procedures in executing assigned duties and completes assignments within the allocated time budget. 

25%

Prepares quality written reports that clearly document exceptions and observations in the control environment and compliance with policies, procedures, and applicable laws, rules, and federal regulations, including specific recommendations to strengthen controls or enhance regulatory compliance. Obtains approval from the Director of Internal Audit prior to disbursing the draft audit report. 

10%

Completes validation testing, as assigned by the Director of Internal Audit, to determine the adequacy and effectiveness of corrective action taken on audit findings prior to closure. 

10%
Holds exit meetings with Management to review audit results and to discuss and determine action plans. Attends the Supervisory Committee meetings sharing insights on completed audits. 

5%

Assists outside auditors and regulatory examiners under the direction of supervisor. 

5%

Assists with collecting documents and scheduling meetings for external auditors and regulatory examiners, as assigned. 

5%
Foster a culture of continuous improvement and innovation. Participates in the continuous improvement of audit processes, including identification of continuous auditing opportunities and lessons learned with proposed action plans. 

5%

Demonstrates continuous education by completing audit/compliance specific training on-time, as assigned. 

 
Stay up-to-date with industry trends, best practices, and regulatory changes to ensure our financial institution remains at the forefront of compliance and risk management. 

Adheres to the Global Internal Audit Standards (GIAS), as set by The Institute of Internal Auditors (IIA). 

Performs other temporary or permanent duties, as assigned. 

Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. 

Benefits:

-Paid Holidays

- Birthday Time Off

- On Demand Flexible Pay Checks

-$1,000 Employee Referral Incentive

-Medical, Vision, Drug, and Dental coverage

-401(K) Retirement Plan and Defined Benefit Cash Balance Retirement Plan

-Paid Time Off

-Weekends Off

-Educational Reimbursement

-Flexible Spending Plan and Options with Aflac

-Life & Long-Term Disability Insurance

-Employee Loan Discount

-Gym Wellness Reimbursement

Requirements

Education, Experience, Certifications and or Licenses: 

High School Diploma, or equivalent, required. IAP (Internal Audit Practitioner) or CCUIA (Certified Credit Union Internal Auditor) preferred. Bachelor’s Degree in Accounting, Business, Finance or related field preferred. Six months to two years of similar or related experience, including time spent in preparatory positions. Accounting experience preferred. 

Interpersonal Skills:

Courtesy, tact, and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization, generally regarding routine matters for purposes of giving and obtaining information, as well as advising or referring, which commonly require shorter discussions. 

Other Skills:

Exceptional analytical, problem-solving, and communication skills, with the ability to convey complex information clearly and concisely. A strong sense of integrity, professionalism, and discretion, ensuring the confidentiality of sensitive information. Should be familiar with generally accepted accounting principles, perform basic and intermediate math skills, be able to travel within departments and from branch to branch as needed to complete audit programs, research and special projects, as well as comply with the Institute of Internal Auditors code of Ethics. 

Physical Requirements:

 Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 20 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

Working Conditions:

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise. May be required to work remotely/work from home while adhering to our Telecommuting Policy. 

Mental and/or Emotional Requirements:

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters. 

Salary : $52,700 - $54,680