Manager, Internal Audit - Technology Focus

Velera

13d

About The Position

Join the People Helping People Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service. The Opportunity: The Manager, Internal Audit is a working manager, performing and managing internal audit assignments throughout the company, working independently or under the supervision of Audit Management. This position will work as part of an audit team to conduct audits, evaluate risks, test controls, and review processes related to financial data and systems, internal controls, department procedures, and compliance with regulatory rules and company policies. The audit manager will assist with tracking of open audit findings and facilitate response generation, information gathering, testing evidence, and escalation of prior findings with the Audit Management. There will be exposure to senior management throughout the organization. Additionally, Audit Managers will work closely and oversee the management and staff from third party organizations providing internal audit support. Day in the Life: Perform internal risk assessments under the direction of Audit Management Plan internal audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives Interpret regulations as they pertain to information systems, platforms, and IT operating processes, practices and procedures Evaluate information technology (IT) infrastructure, data flows/processes, and operating procedures in accordance with established standards identification of key controls, control design, and/or control deficiencies through the development of risks and controls matrix, including the reliability and effectiveness of internal information systems controls Create process documentation, including process narratives and flow charts, to assist with audit planning and execution Create audit program and testing procedures at the entity, process, transaction or application levels, including assessing controls and potential risks Assess risks and internal controls by identifying areas of non-compliance; evaluating manual and automated processes; identifying process weaknesses and inefficiencies and technical issues Maintain open communication with management - communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports Partner with internal clients to define action plans for deficiencies identified Prepare and present reports that reflect audit’s results and document process Assist Audit Management and co-sourced internal audit partner to coordinate and schedule audit meetings Monitor management’s completion of the actions agreed upon in the remediation process; escalate, support, and provide support when needed or requested by Audit Management Prepare and/or review Audit reports and mange revisions Assist business owners in defining gaps or process deficiencies and associated action plans for remediation Determine and recommend improvements during implementation of IT system changes or upgrades Provide direction and leadership to staff; guide, coach, mentor and develop staff ensuring compliance with processes and procedure Handle interviewing, hiring, promotions, transfers, performance appraisals, compensation, counseling and termination of staff Develop and maintain staff by applying the necessary training and leadership that will allow internal growth and advancement Direct staff, to ensure that all duties are performed according to department performance standards Perform other duties as assigned.

Requirements

Bachelor’s Degree in Accounting, Finance, Information Technology and/or business or related field required.
One or more an audit professional certifications, such as CPA, CIA or CISA or equivalent audit credentials required.
Seven (7) years related work experience in auditing (public accounting or internal audit experience) required.
Strong understanding of financial services, systems, operational, and/or technology controls; knowledge of internal audit standards and practices; must have working knowledge of IT general controls
Proven working experience as Internal Auditor with commensurate comprehension of: Accounting, finance, and/or information technology internal controls and standards oIIA, IPPF, Cobit, Sarbanes-Oxley, SOC 1, 2, and 3, auditing standards and procedures oNIST, ITIL, ISACA, or related standards The Committee of Sponsoring Organizations of the Treadway Commission (COSO) Risk-assessment practices
Advanced computer skills on MS Office including Microsoft word processing, presentation PowerPoint, excel spreadsheets, and Visio flowchart, accounting software and database
Ability to manipulate large amounts of data and to compile detailed reports; experience with data analytics software, such as Power BI, Tableau, Galenize (formally ACL), SAS, etc. a plus
Ability to travel as needed, less than 25%

Nice To Haves

Five (5) years’ experience working in another functional area such as accounting, risk management, IT, or other business or operational position preferred.
Experience with payment systems and financial services related to the credit/debit card industry preferred.
Willingness to continue to learn, grow and hone your risk management and audit expertise by participating in on-going training, including possibly pursuing certifications, as necessary, and monitoring changes to applicable guidance and regulations related to corporate initiatives and industry standard
Experience with financial institution regulatory standards such as NCUA, OCC, FFIEC, Nacha ACH, or related, a plus
Strong Information Technology skills and working knowledge of SharePoint, a plus

Responsibilities

Perform internal risk assessments under the direction of Audit Management
Plan internal audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives
Interpret regulations as they pertain to information systems, platforms, and IT operating processes, practices and procedures
Evaluate information technology (IT) infrastructure, data flows/processes, and operating procedures in accordance with established standards identification of key controls, control design, and/or control deficiencies through the development of risks and controls matrix, including the reliability and effectiveness of internal information systems controls
Create process documentation, including process narratives and flow charts, to assist with audit planning and execution
Create audit program and testing procedures at the entity, process, transaction or application levels, including assessing controls and potential risks
Assess risks and internal controls by identifying areas of non-compliance; evaluating manual and automated processes; identifying process weaknesses and inefficiencies and technical issues
Maintain open communication with management - communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports
Partner with internal clients to define action plans for deficiencies identified
Prepare and present reports that reflect audit’s results and document process
Assist Audit Management and co-sourced internal audit partner to coordinate and schedule audit meetings
Monitor management’s completion of the actions agreed upon in the remediation process; escalate, support, and provide support when needed or requested by Audit Management
Prepare and/or review Audit reports and mange revisions
Assist business owners in defining gaps or process deficiencies and associated action plans for remediation
Determine and recommend improvements during implementation of IT system changes or upgrades
Provide direction and leadership to staff; guide, coach, mentor and develop staff ensuring compliance with processes and procedure
Handle interviewing, hiring, promotions, transfers, performance appraisals, compensation, counseling and termination of staff
Develop and maintain staff by applying the necessary training and leadership that will allow internal growth and advancement
Direct staff, to ensure that all duties are performed according to department performance standards
Perform other duties as assigned.