Internal Auditor

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

Qualifications

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. 

Critical Job Competencies:
Brand Promise: To make a difference - every member experience matters. Employees of CapEd carry out our promise and values of EP!C by being Empowered - We are knowledgeable and trusted to make decisions. Professional - We are respectful in creating outstanding experiences. Innovative - We seek new ideas for positive change. Collaborative - We connect with each other to implement solutions.

• Contributing to Team Success: Actively participating as a member of a team to move the team toward the completion of goals.
• Decision Making: Identifying and understanding key issues and opportunities; using an effective approach for choosing a course of action or developing appropriate solutions based on data and potential outcome analysis, facts, constraints, and organizational values. Committing to a course of action and then taking action.
• Planning and Organizing: Establishing procedures and practices to monitor the results of delegations, assignments, or projects; taking into consideration the skills, knowledge, and experience of the assigned individual and characteristics of the assignment.
• Professional Presentation: When given time to prepare, organize ideas efficiently to deliver presentation(s) suited to the characteristics and needs of individuals or groups and ensure that the meetings/presentations serve the business objective.

Very Important Job Competencies:

• Adaptability, Energy, and Stress Tolerance: Taking responsibility to meet member needs and build loyal relationships; Maintaining professional performance and character under pressure, provocation, or ambiguity; Consistently sustaining high levels of activity or productivity with vigor and effectiveness over extended periods of time.
• Change and Action: Encouraging others to seek opportunities to different and innovative approaches for problems and opportunities. Facilitating the implementation and acceptance of change within the workplace while remaining open-minded and accepting other ideas.
• Managing Conflict: Dealing effectively with others in an antagonistic situation; using appropriate interpersonal styles and methods to reduce tension or conflict between two or more people.
• Risk Taking: Initiating action that tries to achieve a recognized benefit or advantage when potential negative consequences are understood.

Physical Requirements: 

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 accommodations 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/or remain in a stationary position; use hands to finger, handle, operate, input or feel; reach with hands and arms in any direction; talk, communicate, converse, exchange information and hear; balance, kneel, walk and stand, occasionally moving and traversing; and will frequently use a computer and/or phone. There may be repetitive motions, making substantial movements of the wrists, hands, and/or fingers. The employee needs the ability to wear personal protective gear correctly. This is considered sedentary work: exerting up to 10 to 25 pounds of force occasionally and/or a negligible amount of force frequently or consistently to lift, carry, push, pull or otherwise move objects, including the human body. Specific vision abilities required by this job include close vision, distance vision, peripheral vision and ability to adjust focus.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The worker is subject to inside environmental conditions: protection from weather conditions but not necessarily from temperature changes and/or seasonal brightness through windows. This position may involve periodic stressful conditions. The Credit Union's business days are Monday through Saturday between the hours of 8:00 a.m. to 6:30 p.m.; however, this position may occasionally require an adjusted work schedule, overtime, and to include evening/weekend hours. The noise level in the work environment is usually moderate.

Disclaimer:
NOTICE: This job description does not create a contract of employment and at all times your employment, if any, remains at will. This job description also in no way limits the duties to be performed by the employee, which may be assigned or modified from time to time by CapEd Credit Union. Please know that CapEd Credit Union is an Equal Employment Opportunity Employer and all decisions regarding employment including hiring and promotion are based on the individual meeting the essential functions of the job, with or without reasonable accommodation, and without a direct safety threat or undue hardship.