Internal Auditor III

Job Description

The Internal Auditor III will lead, perform, and provide guidance in performing operational, financial, and compliance engagements using a risk-based, consultative approach designed to add value and improve the Credit Union's operations. They will recommend enhancements to internal controls to ensure credit union compliance with all applicable internal policies and procedures, insurance and vendor agreements, state and federal regulations, safety and soundness considerations, as well as improve the effectiveness of risk management, control, and governance processes.

In addition, the Internal Auditor will coordinate and support external regulatory examinations by providing the primary point of contact internally for the Business Units for clarification and information gathering, consolidating request items and providing them to the examiners, and participating on investigations or other departmental projects. They will also perform duties in a manner which enhances the image and promotes the growth of the Credit Union and the Internal Audit department.

Thoroughly document audit work performed with clear explanations to illustrate understanding of concepts as well as support the procedures performed and conclusions reached; plan appropriately to ensure target deadlines are met, including communicating resource needs to department management; conduct internal audits in accordance with IIA Global Internal Audit Standards and established engagement procedures/guidelines with limited supervision and limited rework. Independently plan and perform operational, financial, and/or compliance engagements using a risk-based, consultative approach designed to add value and improve operations.

Plan appropriately to ensure target deadlines are met. Manage the audit team to ensure assigned tasks are completed, communicating resource needs to prioritize and complete projects within established milestones and/or in response to rapidly changing business needs. Create formal audit reports using a consistent language and a format designed to influence change and promote management buy‑in. Execute professional skepticism and curiosity, including the ability to probe for answers and apply sufficient root cause analysis of observations, continuous issues, or internal control weaknesses, and identify potential solutions.

Review corrective action plans and validate implementation efforts to ensure risks are mitigated to an acceptable level based on the risk appetite of the organization. Serve as a key resource for Auditor in Charge in providing recommendations surrounding the design of audit procedures to maximize the likelihood of identifying internal control gaps and procedural variances. Demonstrate savvy business acumen and in‑depth understanding of risk management to assist business units in problem identification and solutions.

Look for value‑add recommendations that improve overall efficiency. Perform duties in a manner which enhances the image and promotes the growth of the Credit Union and the Internal Audit department. Apply intellectual abilities required to absorb and apply knowledge to establish audit scope, develop audit procedures, perform testing and detailed review of staff work papers, and report results on new and existing engagements.

Identify opportunities to maximize Audit department efficiencies and expand testing coverage by incorporating data analytics and other computer assisted audit techniques (CAATs) to review and perform testing on large data sets and identify unusual relationships or trending. Synthesize complex or diverse information and use intuition and experience to complement data as well as consistently exercise advanced judgment and critical thinking including making informed decisions through independent verification.

Facilitate external audits and regulatory examinations, including coordinating vendor due diligence procedures and reviewing the audit procedures performed to ensure adequate coverage, as well as fielding questions and defusing concerns. Display conflict resolution, tact, and negotiation skills through…