Internal Audit Manager

Yorktown, VA

Yorktown, VA 1st Advantage Federal Credit Union is currently seeking a full-time Internal Audit Manager to support our Internal Audit Department. Scheduled hours will be 40 hours per week between the hours of 8:30 a.m. to 5:00 p.m. Monday through Friday. The Internal Audit Manager will be responsible for providing an independent and objective appraisal of the operations and controls within the Credit Union.

The role will also provide assurance to minimize various types of risk by making recommendations to determine whether acceptable policies and procedures and adequate internal controls are in place, and standards are achieved.

1st Advantage Federal Credit Union has been serving members in the Hampton Roads community since 1951. We provide financial products and services that help members get ahead, while volunteering our time and resources to civic organizations and nonprofits that share our mission to improve life for each other. Be part of something special. Join 1st Advantage as a colleague and support our community members.

We offer market competitive compensation and a generous benefit package:

• Dollar-for-dollar matching 401(k) plan to 4% of earnings.
• Choice of three medical plans
• Flexible Spending Accounts
• Health Savings Accounts
• Choice of two Dental plans
• Vision
• Basic Life & AD/D Insurance – no cost
• Optional additional life insurance for colleagues, spouses, and children
• Long-term Disability Insurance – no cost
• Short-term Disability Insurance – no cost
• Employee Assistance Program – no cost
• Critical Illness, Accident, and Hospital Indemnity Plans
• Generous paid time off accrual program
• 11 Paid holidays
• Pre-paid legal services
• Pet Insurance
• Discounts on consumer loans and mortgages, increases on savings products, and much more!
• The budgeted hiring range for this position is between $90,581.07 annualized and $. The final pay rate will be based on the selected candidate’s experience and education relevant to the role. This position is also eligible for annual incentive payments based on individual and organizational performance.

• Responsible for the leadership of the department and staff. Manages the effective performance, accurate reporting, and recommendation follow up of operational, branch/departmental, external audits, and special assignments. Prepares and presents written reports of the findings and recommendations in accordance with the audit policy. Develops and maintains a comprehensive annual audit plan and risk assessment that remains flexible to changing conditions and priorities.
  
  Provides the Supervisory Committee and management with a periodic audit activity report. Serves as the principal liaison between regulatory examiners, external auditors and credit union management and staff throughout audits and examinations. Ongoing knowledge of National Credit Union Administration governing regulations. Provides support to the Chief Risk Officer. Must maintain independence and objectivity in performing audits. Highest level of confidentiality must be maintained.
• Manages review and follow up of daily, monthly, and quarterly reports. Analyzes reports identifying errors, trends, red flags relating to control weaknesses. Ensures accepted recommendations are effectively implemented. Provides necessary training and development through formal training, coaching and mentoring of department staff. Creates a positive work culture through a motivating leadership style. Responsible for annual and ongoing performance reviews and coaching sessions.
• Under the direction of the Chief Risk Officer, oversees effective communication and coordination with Credit Union personnel, management, Supervisory Committee, third-party vendors, and independent CPA firm.
• Ability to identify, analyze and solve complex issues quickly with logic and reasoning. Ensures management have been made aware of and understand the audit objectives. Discusses irregularities, exceptions and deficiencies discovered during the audit with the area’s supervisory personnel. Utilizes judgment and experience to assess the associated risk of the issues as to the impact of the overall organization.
• Manages related duties as required or assigned, to include cost saving initiatives and efficiencies.

• Auditing functions assigned are accurately and effectively performed in accordance with Credit Union policies and procedures, and federal regulations
• Must adhere to the highest level of…