Director of Internal Audit
Park Community Credit Union is an Equal Opportunity Employer
Role:
To assist the credit union in the achievement of its goal to always make a positive difference in each member's financial life. This is accomplished by providing the highest quality of service to internal/external members, and by overseeing the internal audit functions of the Credit Union to assess the effectiveness of controls, accuracy of financial records and efficiency of operations; ensures the credit union minimizes risk and is compliant with established policies and regulations; and collaborates with and supports credit union management in their efforts of meeting organizational goals and objectives.
Responsibilities
- While meeting the service standards of the credit union, develops and implements audit strategies by developing short- and long-term goals that support Credit Union objectives. Executes established operational goals and ensures that Credit Union-wide plans are supported; coordinates internal auditing programs with the Credit Union's independent public accountants.
- Coordinates audit schedules and assignments; conducts unannounced operational audits. Provides adequate test work, conducts related discussions with management, develops recommendations, and provides risk ratings.
- Conducts data processing audits, ensuring that computer system controls exist and are developed for new systems; reviews system specifications, tests of transactions, control documents, all documentation, and backup procedures.
- Conducts loan analyses - examines loan and investment portfolios to determine compliance with Credit Union policy, industry standards, and regulations; evaluates credit documentation; reviews results with managers and develops recommendations.
- Keeps Supervisory Committee informed of audit activities and any significant problems; completes and submits required reports, records, and related documents; prepares an annual plan for auditing all departments and branches of the Credit Union.
- Hires and directs audit personnel. Sets staff objectives; keeps staff apprised of policy, procedure, and program changes; conducts performance appraisals; provides coaching for ongoing development.
- Maintains audit policies to reflect current practices; develops written audit work programs; may perform special investigations or audits as requested by Supervisory Committee.
Knowledge and Skills:
- Experience: Five years to eight years of similar or related experience.
- Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
- Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
- Other Skills:
- Solid knowledge of audit procedures, government regulations, banking and EDP procedures; a working knowledge of spreadsheet and word processing PC software.
- Demonstrated management, supervisory, and organizational abilities; strong analytical, research, and problem-solving skills.
- Must be able to develop innovative solutions and must be attentive to details.