Description

Conducts internal audits and loan reviews to determine compliance with federal regulations, policies/procedures, and sound business practices.  Risks and controls will be evaluated to determine strengths and/or weaknesses in business processes and will be reported to the appropriate parties. Works independently with general direction and moderate supervision. May lead, coach, or direct less tenured staff. 

Areas of responsibility include:

• Verifies compliance with internal control policies/procedures and federal regulations by examining records, reports, operating practices, and existing documentation for the Association’s business processes.
• Provides support for audits and examinations conducted by external parties (e.g., External Auditor, AgFirst, or FCA).
• Evaluates the design and operating effectiveness of internal controls/processes.
• Assesses and considers the potential for fraud while conducting internal audit and loan review activities.
• Responsible for preparing risk assessments for auditable areas and generates risk and control matrices (RACM). Updates audit software with risks and controls.
• Responsible for developing detailed test procedures based on risk assessments. Demonstrates critical thinking and the ability to bring order to unstructured problems.
• Executes test procedures. Demonstrates flexibility in prioritizing/completing tasks and communicating potential conflicts to leadership. 
• Analyzes transactions, records, reports, and existing documentation to determine the adequacy of controls and assess the effectiveness of processes and/or activities.
• Determines whether the Association is operating in a safe and sound manner and is in compliance with federal regulations and internal policies/procedures.
• Documents and reports review findings timely.  Prepares supporting documentation and formal reports of all audits, including recommendations for correcting unsatisfactory conditions. Creates high quality deliverables using appropriate business and technical language.
• Assists the CAE in development and maintenance of an Internal Audit Quality Assurance and Improvement Program (QAIP).
• Prepares exception trackers and verify management’s timely remediation of unsatisfactory conditions.
• Supervise engagement operations, making sure quality work is performed, within budget and on time.  Able to manage multiple engagements/tasks and deadline driven.
• Demonstrates flexibility in prioritizing/completing tasks and communicating potential conflicts to leadership.
• Reviews work of team members for quality, accuracy, and relevance. Coaches/develops people by sharing knowledge with team members and helping them attain experiences.
• Scopes out audits and prepares planning documentation.
• Other duties as assigned.

Work from home opportunity available. Successful candidate may work from home with a minimum of three days per month working in the office. 

Requirements

Education & Experience 

Bachelor’s degree in Accounting, Finance, Management Information Systems, or Business Administration.
Generally, three to five years of experience in audit (internal or external prior consulting experience with a Big 4 firm, large financial institution, or large public accounting firm) and/or credit review. 
At least one certification – CIA, CPA, or CISA (preferred). CFE or CRMA (in lieu of preferred) or others as designated and offered by Internal Audit governing bodies and with the approval of the CAE.

Requirements

At least one certification – CIA, CPA, or CISA (preferred). CFE or CRMA (in lieu of preferred) or others as designated and offered by Internal Audit governing bodies and with the approval of the CAE.
Advanced knowledge of business processes, financial reporting, and information technology risks, processes and controls. 
Advanced knowledge of Corporate Governance and Sarbanes Oxley Act’s regulations and requirements. 
Ability to create high quality deliverables using appropriate business and technical language. 
Proficiency in the Microsoft Office Suite including Word and Excel. Working knowledge of SharePoint.
Knowledge of current and emerging auditing technologies/tools such as AuditBoard, Workiva, ACL, IDEA, or other data analytics/mining software.
Advanced knowledge of COSO framework, CoBIT and/or other leading business and information technology control frameworks.
Competency performing regulatory research and able to summarize relevant requirements. 
Ability to identify regulatory compliance gaps within internal guidance (policies and procedures).
Use tools and techniques to extract insights from current industry or sector trends. Know how and when to use tools available for a given situation and can explain the reasons for this choice. 
Use straightforward communication (verbal and written), in a structured way, when influencing and connecting with others. 
Seek and embrace opportunities which give exposure to different situations, environments, and perspectives.  Able to read situations and modify behavior to build quality relationships.
May require up to 20% travel.