Director – Internal Audit Information Technology

Position Title:

Director – Internal Audit Information Technology Reporting Manager

Title:

SVP – Chief of Audit

FLSA Status:
Exempt Work Arrangement:
Hybrid Date Created: 1/2025 Date Revised:
Created By:
Janet Pruitt

The Director of Internal Audit Information Technology will be responsible for planning, executing, and overseeing all aspects of IT audit activities within the credit union. This role includes primarily performing comprehensive IT audits, managing the oversight of IT audits conducted by external consulting audit firms, and ensuring compliance with industry regulations and best practices. The IT Director will work collaboratively with executive management and other departments to provide assurance on the effectiveness of IT-related controls, identify opportunities for improvement, and mitigate risks related to information technology.

• Partners with all levels of management and line of business to develop creative and innovative business-oriented solutions to improve controls, mitigate risks, and influence positive change.
• Collaborates across the three lines of defense regarding business processes, risks, and controls.
• Identify thematic risk trends across the organization.
• Continuously monitor for changes in the organizational risk profile and/or operational environment and modify the audit schedule, risk assessment, and audit universe as necessary.
• Builds and maintains strong relationships with business partners across the organization to help them align their business strategy with appropriate risk management practices and controls.
• Leads the development and implementation of an audit plan and strategy using an appropriate risk-based methodology, including performing and designing assigned audit entity risk assessments to support a forward-looking, strategically aligned audit plan.
• Additionally, trains the team on the use of audit work papers.
• Determines appropriate audit cycles, necessary resources, and estimated expenses associated with the completion of the forward-looking 12 – 18-month audit plan.
• Presents sections of Audit Plan to senior leadership and the Board Audit Committee for approval.
• Monitor advancement of assigned audit engagements, in contrast, to plan and make essential adjustments.
• Assess the adequacy of management’s action plans for addressing and correcting audit findings and issues.
• Monitor through regular follow-up, the progress of management action plans.
• Oversee the IA Department technology and IT vendor management activities.
• Lead with soliciting/analyzing proposals and negotiating third party audit engagements.
• Designs process improvements and standardization of audit processes, methodologies, and guidelines.
• Evaluate current audit approaches and practices and provide thought leadership on industry best practices to drive maturation and evolution of the Audit Department.
• Work with the audit team to ensure consistency and compliance with both internal and professional standards.
• Represents the audit division at quarterly Board Audit Committee meetings.
• Prepares and presents audit reports/results, audit plan status, and corrective action plan updates to the Audit Committee.
• Manages ongoing assessments of the changing risk profile including closely interfacing with management to ensure understanding and controls to ensure it is effective, collaborative, and inclusive.
• Conducts financial, operational, and compliance audits, which includes, but is not limited to planning, fieldwork, and report writing phases of the audit.
• Effectively identify control gaps, analyze underlying root causes, and communicate to management ensuring effective action plans have been identified.
• Recruits and develops team members needed to meet department objectives and strategy.
• Manages, coaches, and mentors audit team members with focus on career development and succession.
• Contributes to development of monthly/quarterly Audit Committee package.

Education:

Bachelor’s Information Technology, Computer Science, Accounting or Business from an accredited university is required. Masters Accounting, business or related degree…