Vice President Internal Audit

Company: Teachers Credit Union
Location: South Bend
Posted on: September 20, 2022

Job Description:

Vice President Internal Audit
We are searching for an experienced Vice President Internal Audit . -

Essential Function
Responsiblefor planning and implementing an internal, risk-based audit program for thecredit union. Primary Responsibilities & Duties

• Responsible for planning and implementing an internalaudit program that assesses the risk management practices of the credit unionand reviews the soundness, adequacy, effectiveness, and proper application ofaccounting, financial, and operational controls
• Responsible for working closely with external auditorsand state/federal credit union examiners to ensure the credit union is incompliance with prescribed policies and procedures, including requirements asset forth in laws, regulations, and generally accepted accounting principles.
• Responsible for preparing and presenting reportsregarding audit activities to the Supervisory Committee and the Board ofDirectors.
• Attends and reports as necessary at credit unioninternal committee meetings.
• Responsiblefor leading improvement efforts to align credit union processes and programs tostrategic objectives.
• Responsiblefor developing and managing to departmental hour and expense budgets.
• Responsible for managing, coaching, developing, andmotivating internal audit staff to obtain the department's goals andobjectives.
• Serveas a consultant/resource for the credit union regarding internal controlquestions/situations.
• Monitor the status of all audit/exam findings andrelated recommendations to ensure that identified corrective actions areimplemented in a timely manner.
• Conductand/or participate in special projects and investigations as requested. Specific Skills
  • Ability to read, analyze, and interpret internalpolicies and procedures, industry and technical standards and best practices,financial reports, and legal documents.
  • Ability to effectively present information orally andin written form to executive management, Supervisory Committee, Board ofDirectors, and public groups as necessary.
  • Proficiencyin the application of internal audit theory, standards, and techniques,including GAAS.
  • Proficiency in accounting principles and techniques,including GAAP.
  • Knowledgeable in the laws, regulations, and bestpractices applicable to financial institutions.
  • Ability to define problems, collect data, establishfacts, and draw valid conclusions; ability to interpret an extensive variety oftechnical instructions in mathematical or diagram form and deal with severalabstract and concrete variables.
  • Literacyin computer spreadsheet, database, and audit software.
  • Excellent supervisory and coaching/mentoring skills. Accountability
    • Accountable for ensuring the credit union is meetingthe requirements for all statutes, regulations and following establishedpolicies and procedures.
    • Accountablefor the accuracy of all reporting to various levels of management, theSupervisory Committee, and the Board of Directors.
    • Accountablefor supervisory responsibilities in accordance with the credit union's policiesand procedures.
      Minimum Requirement
      • BS in Accounting or related business field from a recognized university required.
      • CPA or CIA certification preferred, additional professional certifications encouraged.
      • Requires working knowledge of financial institution audit practices and systems acquired through a minimum of seven to ten years of progressive internal audit experience, preferably in a financial institution or accounting firm setting.
      • Continuing education and community involvement required.
        
        Exempt, - Annual Salary
        
        Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

Keywords: Teachers Credit Union, South Bend , Vice President Internal Audit, Accounting, Auditing , South Bend, Indiana