Internal Auditor

Job Description:

How to apply: Complete an Online Application at our website www.capedcu.com for the specific job opportunity that interests you. Resumes are not accepted in lieu of an application.

Role: The Internal Auditor contributes to the obtaining of CapEd’s business objectives and mission by conducting independent comprehensive internal audits to assess the effectiveness of risk management practices, financial reporting, and compliance with regulatory standards for all internal operations of the Credit Union. Utilizes a systematic, disciplined approach to evaluation and follows the standards identified by the Institute of Internal Auditors (IIA). The Internal Auditor clearly communicates control deficiencies and recommends practical solutions to address identified risks, regulatory deficiencies, and improve process efficiency.

Pay: The pay for this position is $104,550.00 annually.

Essential Functions & Responsibilities:

• Perform internal audits to detect deviations from established laws, regulations, policies, procedures, business practices for all operational areas (e.g., credit and lending operations, regulatory compliance, accounting, and IT).
• Develop and control an audit program to prepare engagement letters, request lists, risk assessments, walk throughs, document collection, reporting, and verification that corrective actions have been resolved in a timely manner.
• Document internal audit work and samples, analyze findings, gather adequate supporting evidence, and make sound, appropriate recommendations.
• Manages the coordination and completion of audits performed by external auditors, including document collection, reporting, and corrective action resolution.
• Develops and controls a three-year risk-based internal audit plan.  Throughout the plan’s lifecycle, at a minimum annually, update risk ratings and audit plans based on the changing needs of the organization.
• Supervises the NCUA federal examination preparation team to gather documents and submission of documents.
• Maintain an ongoing quality assurance program to ensure that audits are conducted in accordance with IIA standards. Performs and reports on Quality Assurance Review performed in accordance with IIA standards to the Supervisory Committee, Board, and Executive Team  Develop and report on measurable KPIs for audit performance, communication of audit and exam results, significant risk exposures and control issues, governance issues, and recommendations to Department Leaders, Executive Leaders, and the Risk Oversight Committee.
• Maintains knowledge of all Credit Union products, services, and promotions.
• Contributes to efficient Credit Union operations by performing other job-related duties as assigned.

Knowledge and Skills:

Experience: Five to eight years of similar or related experience. Financial institution experience preferred.

Education: (1) A four-year college degree, or (2) Internal audit certification required or willing to obtain during first year.