AVP - Internal Audit

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Lowell, MA, US

3 days ago Requisition

$ To $ Annually

• Develop, maintain, and execute a comprehensive, risk-based internal audit plan that aligns with the credit union’s strategic objectives, risk profile, regulatory expectations, and internal audit charter.
• Lead and oversee audits of operational, financial, lending, deposit, branch, electronic services, information technology, compliance, fraud, vendor management, and other high-risk areas.
• Establish audit scope, objectives, work programs, testing approaches, timelines, and resource needs for assigned audits and special reviews.
• Ensure audit work is performed in accordance with applicable professional standards, the credit union’s audit methodology, internal policies, and regulatory expectations.
• Evaluate the design and operating effectiveness of internal controls, risk management practices, governance processes, and compliance with applicable laws, regulations, policies, and procedures.
• Participate on strategic projects to implement new business functions, identifying internal controls and areas of risk.

• Prepare clear, concise, and well-supported audit reports that communicate audit objectives, scope, findings, risk ratings, root causes, management responses, and corrective action plans.
• Report audit results, emerging risks, control trends, and remediation status to executive management and, as appropriate, the Auditing Committee and Board of Directors.
• Track and validate management’s corrective actions to ensure audit, examination, and external review findings are resolved timely and effectively.
• Assist with periodic reporting on internal audit plan progress, audit coverage, open issues, high-risk findings, and key themes identified across the credit union.

• Serve as a key liaison with federal and state regulators, external auditors, and third-party audit providers during audits, examinations, and special reviews.
• Coordinate requests, responses, documentation, and follow-up activities related to regulatory examinations, financial statement audits, internal control reviews, and other assurance activities.
• Monitor relevant regulatory developments, audit standards, and industry trends affecting credit union operations and incorporate changes into audit planning and risk assessment processes.
• Support the credit union’s efforts to maintain regulatory readiness and strong governance over audit and examination issue management.

• Supervise, coach, and develop internal audit team members, including assigning work, reviewing audit documentation, providing performance feedback, and supporting professional development.
• Promote a culture of independence, integrity, accountability, continuous improvement, and constructive partnership with business units.
• Assist with department budgeting, staffing, resource planning, vendor management, audit technology, and audit management system administration.
• Provide guidance to auditors on risk assessment, testing methodology, workpaper standards, issue development, and professional judgment.

• Conduct or support special investigations, fraud reviews, whistle blower-related reviews, member complaint reviews, and other sensitive matters as assigned and appropriate to the role.
• Provide advisory support on new products, services, systems, process changes, and strategic initiatives while maintaining internal audit…