Internal Auditor

Description

Employment Type: Full-Time, Hybrid #LI-HYBRID

This Internal Auditor position starts at $27.37 per hour with an annual award opportunity based off individual and credit union performance. We also offer the following benefits for all employees: 401k, Paid Holidays, Paid Time Off, Paid Volunteer Hours, and an Advia Sponsored Wellness Program.

What you should know about the role

Assists, performs and completes ongoing, routine and higher risk, more complex audits and functions of the Credit Union. Makes recommendations to the Manager of Internal Audit to improve operations and correct deficiencies found within audits. Prepares and submits reports on the results of audits, recommending improvements in policies and procedures. This is accomplished by providing outstanding service to both internal and external members as defined by living and demonstrating the core values of the credit union; Act with Integrity, Drive Progress, Build & Strengthen Relationships and Keep People at the Core.

• Assumes ownership for audit planning and audit program development. This may include performing risk assessment to conclude risks associated with each audit to be performed.
• Accountable for the accurate and effective performance of credit union audits. Performs audits of all areas of the credit union as assigned by the Manager of Internal Audit, typically focusing on higher risk and more complex areas. This may include interviewing Credit Union employees to gather information and establish procedural compliance.
• Communicates, coordinates, and maintains an appropriate relationship with audit partners and management effectively. Works to create recommendations to improve the operations and correct deficiencies found within audits. Resolves any requests, questions, complaints with regard to audit recommendations or findings promptly and appropriately. Provides accurate, timely, and effective audit reports within the Internal Audit department, to audit partners, and necessary senior management utilizing appropriate documentation and communication means. Communicates with audit partners and department team throughout the entire audit process. Manages and supports the relationship established during the audit through ongoing audit follow up, other audits, and value-added management support activities.
• Examines Accounting, Finance, Risk Management, and Information technology functions and activities along with more complex and higher risk lending products. Performs reviews of Accounting & Finance functions including accounts payable, credit union expenses, fixed assets, electronic funds transfers, investment activities, etc. Performs reviews of Risk Management functions including collections, vendor management, compliance activities, etc. Performs reviews of Information Technology functions including third party applications, internal system control reviews, etc.
• Examines books, records, procedures, performances, and controls for fraud, errors, or deficiencies. Examines credit and operational activities to establish policy, standards and legal compliance requirements.
• Identify and document financial statement risk exposure, internal control deficiencies and operational inefficiencies and/or opportunities for improvement.
• Coordinates audit functions with audit firm(s) for co-sourcing of the Internal Audit function.
• Develops and provides recommendation to modify audit programs to reflect the audit scope risk assessment while taking into consideration the annual risk assessment.
• Reviews and verifies new loans, collateral files, extensions, problem and delinquent loans, and file and documentation maintenance. Reviews loan authority, collateral perfection, and compliance with Credit Union policies and governmental regulations. Performs reviews of mortgage and business lending operations as assigned.
• Ensures that professional business relationships are established and maintained with the community, Credit Union members, other financial institutions, and audit professionals. Maintains the Credit Union's reputation, both internally and externally. Maintains appropriate levels of confidentiality. Resolves requests, complaints, or problems promptly. Represents the Credit Union in contacts with business and trade associations and otherwise promotes the Credit Union's interests
• Performs inter-department quality assurance reviews to assure that the work of the Internal Audit department is of the highest quality.
• Tracks outstanding audit findings and conducts appropriate follow-up with Management to ensure timely completion of findings.
• Works with the Manager of Internal Audit to prepare a quarterly Internal Audit Memo for the Board of Directors, outlining areas of concern, audit plan progress, and current issues impacting the department.
• Assists or leads with special investigations or audits. Stays informed of trends and developments in the auditing field. Attends credit union, department, and other meetings as required.
• Executes periodic branch audits in accordance with established audit procedures, evaluating branch security, operational processes, and cash controls, noting any findings or recommendations by preparing and delivering a branch audit report.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Additionally, all employees must follow policies and procedures to minimize risk by exercising judgment, raising questions to management, and adhering to policy guidelines.