Internal Audit Manager

DORT FINANCIAL CU•Grand Blanc, MI

About The Position

Purpose of Position: The Internal Audit Manager is responsible for reviewing the credit union’s risk management, control, and governance processes and reasonably ensuring that they are adequate, effective, and efficient. This will be accomplished by creating effective audit plans that oversee operational, compliance, financial, and investigative audits, evaluating audit results, and preparing/presenting the results and recommendations to the Audit Committee. This position will report on the findings and recommendations to Audit Committee and collaborate with management to strengthen internal controls and promote financial stability. This position is also responsible for providing reasonable assurance regarding the reliability and integrity of information, compliance with policy, procedures, laws, regulations, safeguarding of assets and the accomplishment of goals and objectives.

Requirements

Bachelor’s degree in business management, finance, accounting and/or related Field is required.
Three or more years of experience in an audit and or financial services audit environment capacity, with knowledge of state and federal credit union regulations.
Three to five years of management experience is required.
Strong knowledge of regulatory requirements for credit unions, exceptional communication and thorough knowledge of audit procedures, regulations, lending and credit union operations.
Balance of strategic thinking and hands-on involvement, with a focus on strengthening internal controls and risk management practices.
Specific knowledge of NCUA risk categories, Interest Rate Risk, Risk Monitoring, Liquidity Funds Management, Loan Review (including Commercial, Indirect, and Direct), Analyzing and Interpreting Earnings and Liquidity data.
Management, Audit and organizational abilities; strong analytical, research and problem-solving skills; creative and able to develop innovative solutions.
Working knowledge of software and other solutions for internal audit.
Able to work with independence and to thrive in a collaborative team-oriented environment.
Must work cooperatively with auditors, examiners, team members, leadership, management and Audit Committee.
Able to prioritize work assignments and organize work schedules to meet deadlines.
Minimal travel, though some may be required for audit management and training.
Possess ability to make sound decisions and to follow up with appropriate action.
Able to communicate and work with individuals at all levels, inside and outside the credit union.
Able to research laws, rules, regulations, and keep informed of current trends in industry.
Strong oral and written communication skills.
Maintain high degree of confidentiality with information.
Advanced computer skills in MS Office

Nice To Haves

Certified Credit Union Internal Auditor (CCUIA), CIA, IIA, CPA or similar Certification preferred.

Responsibilities

Reviewing the credit union’s risk management, control, and governance processes
Creating effective audit plans that oversee operational, compliance, financial, and investigative audits
Evaluating audit results
Preparing/presenting the results and recommendations to the Audit Committee
Reporting on the findings and recommendations to Audit Committee
Collaborating with management to strengthen internal controls and promote financial stability
Providing reasonable assurance regarding the reliability and integrity of information, compliance with policy, procedures, laws, regulations, safeguarding of assets and the accomplishment of goals and objectives
Performing administrative functions for the Internal Audit department
Establishing department work schedules, plans, and financial budget