Role: |
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Assist in maintaining and achieving the annual internal audit plan as well as maintaining administrative and operational goals including but not limited to monthly reports, audit scheduling, budget preparation and internal audit (IA) functions. Analyzes and evaluates credit union operations to ensure compliance with the credit union's bylaws and policies and procedures and NCUA regulations. |
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Essential Functions & Responsibilities: |
| E | 50% | Participates in the planning, execution, and reporting phases of assigned Internal Audit plan audits/reviews under the supervision of the Head of Audit. (80% of auditable time focused on audit plan projects, 20% of auditable time allotted to credit union Department/Administrative audits/reviews.) With increasing complexities, evaluates the adequacy and effectiveness of the internal controls of frontline, credit union department/function activities, gathers and analyzes data, and reports audit/review results to management in accordance with Standards for the Professional Practice issued by the Institute of Internal Auditors. |
| E | 20% | Assists in the supervision of IA staff positions and reviews project/audit work papers performed by the IA staff. |
| E | 5% | Stay current on professional and credit union industry regulations, reporting requirements, auditing procedures, and general accounting principles or auditing techniques, by attending continuing education classes, webinars, as well as reading professional periodicals/journals. |
| E | 10% | Assist the IA Department in the training of the Internal Auditor and Senior Internal Auditor. |
| E | 5% | Coordinates and assists external auditors, audit advisory consultants and NCUA examiners with project request, research and testing of audit programs and examinations. |
| E | 5% | Reviews/investigates member complaints for the Supervisory Committee and the Head of Audit. Assists the Head of Audit in drafting a formal response for review and approval by the Chair of the Supervisory Committee. |
| N | 5% | Performs other duties as assigned. |
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Performance Measurements: |
| 1. | Ensure the credit union has adequate internal controls and practices in place for branch locations at all times. |
| 2. | Provide informed, professional and accurate service and support to all members and associates. |
| 3. | Develop and maintain knowledge of current laws, regulations and common practices in the internal audit field. |
| 4. | Performs duties, responsibilities, and accountabilities in accordance with Generally Accepted Accounting Principles and Generally Accepted Auditing Standards for credit unions. |
| 5. | Regular reliable attendance. |
| 6. | Demonstrate behaviors consistent with the PenAir Core Values. |
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Knowledge and Skills: |
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Experience | Five years to eight years of similar or related experience. |
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Education | (1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g. CIA, CCUIA). |
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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. |
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Other Skills | 1. CPA, CIA, or other related industry certification preferred.
2. Solid knowledge of audit procedures, government regulations, banking/credit union and EDP procedures; a working knowledge of spreadsheet and word processing PC software. 3. Prefer audit management system and audit analytics experience.
3. Demonstrate strong organizational skills, analytical, research and problem solving skills.
4. Must be able to develop innovative solutions and must be attentive to details.
5. Ability to work independently with minimal supervision.
6. Ability to work effectively with all organizational levels, both internal and external.
7. Ability to maintain confidentiality of CU information. |
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Physical Requirements | Light or low amount of physical exertion |
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Work Environment | No adverse environmental working conditions noted. |
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