SVP, Internal Audit & Controls

Velera

5d•$197,000 - $266,000

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: SVP, Internal Audit & Controls is responsible for overseeing the internal audit function, ensuring compliance, assessing risk, and strengthening governance. This role drives strategic audit planning, leads audit teams, evaluates internal controls, and reports functionally to the Audit Committee and administratively to the Chief Administrative Officer. Day in the Life: Leads and defines the function’s strategic direction for Internal Audit, aligning goals and plans with organizational objectives and governance standards. Fosters collaboration and strong partnerships across the organization, effectively influencing without authority, driving alignment and shared accountability. Serves as a proactive advisor to the business by offering risk-based perspectives, control design guidance, and process improvement insights, ensuring Internal Audit operates as a strategic partner that balances oversight with business enablement Develops, and monitors audit methodologies, procedures and systems; performs risk assessments and create annual audit plans. Conducts audits and evaluates risks, controls and processes related to financial data, compliance, and internal policies. Leads organization-wide adoption of audit findings and control improvements by preparing stakeholders for change, addressing resistance, and ensuring sustained progress on remediation plans. Oversees tracking, escalation, and testing of corrective actions, holding teams accountable for timely and effective resolution. Collaborates with executives, external auditors, consultants, and key stakeholders across the organization to effectively influence company-wide business processes. Maintains compliance with evolving audit standards and regulations, implementing changes to methodology and process as needed. Prepares and presents audit findings and status reports to Executives and the Audit Committee. Provides leadership, coaching, inspiration, and development for Internal Audit team, nurturing a high-performing, inclusive, and engaged team culture. Partners with process owners and IT to strengthen controls and mitigate risk. Coordinates efforts with external auditors and third parties, including, but not limited to IIA, AICPA, SOC1 and 2, PCI-DSS, VISA Operating Rules, ACH NACHA, and GDPR. Develops and oversees budgeting, performance analysis and evaluation, and forecasting for the function. Performs other duties as assigned. About Velera At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners. Learn more about our commitment to Diversity, Equity, and Inclusion HERE! An Inclusive Atmosphere Where Possibilities are Delivered “Our Momentum. Your Moment.” At Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, you’ll find it’s your time to join our exceptional culture and shine. If you want to help shape an industry, challenge yourself and invest in your future, you’ve come to the right place. Velera is a highly accessible environment where you’re empowered to think on your feet, work from your heart and discover the very best version of your professional and personal self. Your Voice Matters and Your Contributions are Rewarded You’ll be glad to know that you don’t have to wait your turn for the best opportunities to present themselves at Velera. Our atmosphere is designed for those who have a curious mindset and aren’t afraid to challenge the status quo. We invite you to bring your voice to our diverse team and take advantage of the wide variety of resources available to you. Powered by supportive leadership and innovative technology, we have exceptional learning, training and leadership development programs, as well as online courses to help you claim the brighter, more meaningful future you’ve always imagined. We Help Credit Unions Deliver Possibilities Velera has a proud history as an empowering resource for credit unions and their members, enabling them to optimize operations and realize sustained success. How have we done that? It starts by investing heavily in leading-edge technological innovations. It continues by building a track record of quality service and having the courage to lead. Now, as we continue to grow and help our credit unions prepare for the future, we’re well-positioned to build on our exhilarating momentum. Committed to service excellence and focused on innovation, Velera’s payment processing, risk management, data and analytics, loyalty programs, digital banking, marketing, strategic consulting and mobile platforms help deliver possibilities and seamless member experiences. Comprehensive, 24/7/365 member support is provided by contact centers located throughout the United States. Service Excellence – Delivering the Best We provide credit unions and their members with state-of-the-heart service. Security – Protecting Vital Interests We stop threats before they can cause damage. Digital Solutions – Presenting the Future We make it possible for members to conveniently experience the best in credit union services. Strategic Growth – Opening New Opportunities As the perfect partner with all the right tools, we help credit unions achieve their goals.

Requirements

Minimum of fifteen (15) years of relevant experience required, preferably in fintech or financial services.
CPA, CIA, or CISA certification required
Extensive knowledge and experience with SSAE18 auditing standards (SOC 1 & SOC 2), ACH Nacha, Visa/MasterCard Operating Rules.
PCI-DSS, and third-party service provider standards.
In-depth expertise in financial, operational, and technology auditing, including internal control frameworks (e.g., COSO, CoBIT, NIST, CIS).
Proficiency with Governance, Risk, and Controls (GRC) software (LogicManager experience is a plus).
Bachelor’s degree in accounting, finance, or related field required; Master’s in accounting or business administration preferred.

Responsibilities

Leads and defines the function’s strategic direction for Internal Audit, aligning goals and plans with organizational objectives and governance standards.
Fosters collaboration and strong partnerships across the organization, effectively influencing without authority, driving alignment and shared accountability.
Serves as a proactive advisor to the business by offering risk-based perspectives, control design guidance, and process improvement insights, ensuring Internal Audit operates as a strategic partner that balances oversight with business enablement
Develops, and monitors audit methodologies, procedures and systems; performs risk assessments and create annual audit plans.
Conducts audits and evaluates risks, controls and processes related to financial data, compliance, and internal policies.
Leads organization-wide adoption of audit findings and control improvements by preparing stakeholders for change, addressing resistance, and ensuring sustained progress on remediation plans.
Oversees tracking, escalation, and testing of corrective actions, holding teams accountable for timely and effective resolution.
Collaborates with executives, external auditors, consultants, and key stakeholders across the organization to effectively influence company-wide business processes.
Maintains compliance with evolving audit standards and regulations, implementing changes to methodology and process as needed.
Prepares and presents audit findings and status reports to Executives and the Audit Committee.
Provides leadership, coaching, inspiration, and development for Internal Audit team, nurturing a high-performing, inclusive, and engaged team culture.
Partners with process owners and IT to strengthen controls and mitigate risk.
Coordinates efforts with external auditors and third parties, including, but not limited to IIA, AICPA, SOC1 and 2, PCI-DSS, VISA Operating Rules, ACH NACHA, and GDPR.
Develops and oversees budgeting, performance analysis and evaluation, and forecasting for the function.
Performs other duties as assigned.