Internal Audit Manager

Our Mission:

To provide unwavering commitment to excellence in all we do for employees, members and the community we serve. 

Overview of the Role

The Internal Audit Manager is an independent position established within GPO FCU to examine and evaluate the operating activities of the credit union as a service to the Supervisory Committee, Board of Directors and Management team. The Internal Audit Supervisor is responsible for the development, administration, and maintenance of the credit union’s internal quality review and audit program to ensure the credit union operates with safety and soundness and within regulatory guidelines.   

Responsibilities

- Direct, develop, motivate and oversee the Audit staff as well as administer performance evaluations. 

- Develop and implement an annual quality review and audit plan, commensurate with the credit union’s size and complexity and with the collaboration of the Board of Directors and Supervisory Committee.

- Maintain a tracking mechanism of all audit results across the credit union as well as corrective action.

- Produce board reports regarding audit findings and corrective progress.

- Recommend and assist in the development of credit union products, processes and controls to ensure regulatory compliance and safeguarding of the credit unions’ assets. 

- On an on-going basis, review laws and regulations that impact the credit union’s compliance requirements.

- Update policies as needed in reaction to regulation changes and track all policy updates. Implement a policy review schedule to ensure policies are reviewed annually and receive board approval.

- Develop and update credit union forms to ensure compliance with all state and federal rules and regulations. Collaborate with the marketing department to align their design with GPO’s brand. 

- Conduct periodic meetings with department leads regarding audit findings and progress related to corrective actions.

- Conduct internal audits as needed to assess credit union operations and review the adequacy of quality review efforts. 

- Answer questions and be a subject matter expert for the credit union on compliance-related issues. 

Expectations

- Review daily compliance publications to remain abreast of regulatory changes. 

- Remain up to date on the latest audit and compliance trends.

- Play an active role in local and national compliance communities. 

- Adapt a work ethic that is aligned with GPO’s mission and keeps our member service at the forefront.

- Act as a back up to other members of the department as needed. 

- To contribute to the overall achievement of the credit union’s strategic goals and objectives.

- To effectively communicate compliance information to senior management, department members and all employees and ensure understanding. 

- Contribute to a positive environment that inspires GPO employees to display pride, passion and a commitment to our mission statement.

Qualifications

- Associate’s degree OR a diploma with at least 5 years of relatable experience.

- Previous experience in an auditing capacity or within the financial industry.

- Must possess excellent written and verbal communications skills.

- Must be willing to play an active leadership role in the credit union.

- Must be a self-starter and have demonstrated experience.

Physical Demands

- Sitting for prolonged periods of time

- Frequent computer usage and screen time

- Frequent typing 

Decision Making

- Independently make effective and sound decisions regarding policy updates to ensure compliance with regulatory requirements.

Financial Responsibilities

- To be responsible for safeguarding the credit union’s assets by ensuring that policies and procedures are updated in accordance with regulation changes. 

Communication

- Keep the department Assistant Vice President informed regarding key department and regulatory issues. 

- Effectively communicate within the department and credit union to ensure the flow of ideas. 

Equipment Used

- Computer equipment and other web-based compliance platforms.

- Excel software for tracking and organizing data. 

Work Environment

- Office environment, based in the Administration Building.

Actual compensation rate will be determined based on relevant experience.