Director Internal Audit

Fort Bragg Federal Credit Union•Fort Bragg, NC

22h

About The Position

Director Internal Audit Purpose: Responsible for the examination and evaluation of the adequacy and effectiveness of the credit unions’ system of internal controls. Advises on control deficiencies discovered during the course of reviews and audits. This position provides assistance and means for the Supervisory Committee to help fulfill its oversight role by providing an independent and objective appraisal of the effectiveness of the credit union’s compliance with credit union policies, procedures, and federal and applicable state regulations, including, but not limited to, the Bank Secrecy Act, OFAC, USA Patriot Act and other requirements.

Requirements

Bachelor’s degree is required with a concentration in Accounting or Finance preferred.
5 or more years of public accounting and/or internal audit experience within financial institutions.
3 or more years management experience
The ability to motivate or influence others is a material part of the job, requiring a significant level of diplomacy and trust.
Excellent analytical and technical skills.
Strong communication skills, both written and verbal, and the ability to explain and discuss complex topics.
Strong working knowledge of financial accounting concepts and related regulatory compliance.
In depth knowledge of BSA, USA Patriot Act, OFAC and all applicable deposit and lending regulations.
Knowledge and experience with privacy regulations, data security risk mitigation concepts and IT control governance.

Nice To Haves

Advanced degree is a plus.
A CPA or CCUIA certification is desirable.
3 or more years of experience with regulatory compliance with financial institutions is preferred.

Responsibilities

Develops an audit plan for the Credit Union with input from management and approval of Supervisory Committee.
Keeps Supervisory Committee informed of all activities
Ensures timely completion of all audit functions with minimum supervision.
Manages credit union’s internal audit activities, policies and procedures.
Prepares written and verbal reports of audit activities.
Provides recommendations to accomplish actions required.
Implements changes to audit procedures as directed by the Supervisory Committee.
Serves as liaison with external auditors and regulatory examiners.
Conducts independent audits and examinations of credit union records to ensure compliance with laws and regulations.
Evaluates the effectiveness of internal controls and processes and make recommendations for improvements.
Participates in interviewing and hiring of Staff Auditor.
Directs work activity and provides training, coaching and mentoring of Staff Auditor.
Conducts investigations of suspected fraud or irregularities within the credit union.
Conducts investigations or special reviews at the request of President/CEO.
Addresses member complaints directed to the Supervisory Committee from regulator.
Obtains, analyzes, and appraises data as a basis for an informed objective opinion on the systems and activities being reviewed.
As it relates to audit activities, confers with personnel within the credit union or external sources.
Attends monthly Supervisory Committee meetings and provide audit comments to Chair.
Other duties as assigned by the Supervisory Committee Chair and/or President/CEO.
Must comply with the Federal Bank Secrecy Act, Anti-Money Laundering & Customer Identification Policy (BSA), the OFAC Policy and the Identity Theft Policy.