Staff Auditor I/II

Job Description:

PRIMARY FUNCTION:

Assists the Internal Audit Department in completing the annual audit plan by performing financial and operational audits to assure that internal controls and procedures are in place to mitigate risks and comply with regulatory requirements and VACU's policies.

JOB DUTIES AND RESPONSIBILITIES:

• Utilize critical thinking skills to objectively analyze and evaluate information, identify patterns, and make logical and reasonable judgments.

• Develops potential audit procedures with minimal guidance from department management and provides thought leadership to assigned staff member(s).

• Performs assigned audit procedures, including documenting audit objectives, identifying risks and controls, developing and executing an audit program, performing appropriate audit testing, and providing direction to other audit team members.

• Schedules and conducts entrance, follow up, and/or exit meetings with Credit Union Management, as requested.

• Identifies and evaluates opportunities for operational efficiency.

• Documents audit findings in automated working papers that support procedures performed and conclusions drawn.

• Effectively communicates audit results, risks, and/or recommendations for improvement, both verbally and in writing.

• Establishes positive working relationships with department staff and Credit Union team members at all levels.

• Prepares an audit report summarizing the results of the audits performed to Management and the Supervisory Committee.

• Carries out all aspects of assigned audits or projects in a timely manner, in accordance with established budgets and objectives.

• Provides assistance to the external auditors.

• Attends internal and/or external training classes and seminars to stay abreast of issues affecting the internal audit function and financial services industry.

• Maintains a good working relationship with employees at all levels.

• Keeps all Credit Union transactions and other information obtained through audit procedures in strict confidence.

• Comply with all published enterprise level policies and procedures including, but not limited to, Risk Management policies.
• Complete all required, ongoing enterprise level training including, but not limited to BSA, OFAC, and Information Security.

• Report all Risk Management Policy violations in accordance with policy.

• Performs other duties as assigned by the SVP/Chief Audit Officer.

JOB QUALIFICATIONS:

Education:Bachelor's degree with concentration in accounting or finance is required.Professional certification as a CPA, CIA, CISA, CFSA or other relevant certification is preferred.

Work Experience:

• Two plus years prior experience in public accounting or internal audit.
• Prior experience working with a financial institution is preferred.
• Prior experience independently planning and conducting internal audits is desirable. An understanding of generally accepted accounting principles and/or internal auditing standards is required to determine compliance with policies and procedures and evaluate the effectiveness of internal controls.
• Strong computer skills are required, including proficiency in Microsoft suite of software; familiarity with Arbutus Analytics, Teammate, or other similar audit software is desirable.

Skills:Good judgment and strong analytical skills; excellent communication and listening skills; excellent organizational and time management skills to prioritize and work on multiple projects; ability to work both within a team and independently; flexible; high degree of integrity and respect for confidentiality and privacy of information.

Abilities:

• Must have transportation to all VACU locations.

Physical Requirements

• This job requires the ability to sit and stand for long periods of time and infrequent lifting or carrying of objects up to 10 pounds.