Internal Auditor I

Overview

The Internal Auditor I is responsible for performing high-quality audits to assess the overall operational efficiency of Credit Union branches, lending, and other back-office departments and functions within established timelines. The Internal Auditor must also assess compliance with established credit union policies, procedures, federal/state regulations, and prudent credit union practices using objective standards and guidelines which are applied consistently in the review of operations. The Internal Auditor I is responsible for writing audit reports which are finalized at the conclusion of operational and/or regulatory audits. The Internal Auditor I may be required to interview personnel in audit routines and conduct audit fieldwork, and must continuously maintain a team, rather than a policing, approach in support of credit union personnel.

About Frontwave Credit Union

Frontwave Credit Union is a member-owned not-for-profit financial institution serving San Diego, Riverside, San Bernardino and Imperial counties. Founded in 1952, we have grown to 18 branches with 125,000 members and manage over 1.8 billion in assets. At Frontwave Credit Union, we are focused on creating consumer solutions to provide our members and the communities we serve with products and services that enhance the quality of life for our members through exceptional service and the progressive application of technology.

What’s In It For You:
Competitive pay, 401k matching, mortgage and auto discounts.
9-27 days of PTO per year (based on tenure), VTO and 10 paid holidays.
Affordable medical, dental, vision health plans, and Flexible Spending Account.
Employee Assistance Program with a variety of services.
Career development, training, and coaching, mentoring; tuition reimbursement up to $4,000/year.
Culture of excellence and continuous improvement.
We strive to be the best place you’ve ever worked!

Responsibilities

Essential Duties and Responsibilities:

Includes the following non-inclusive list. Other duties may be assigned. All duties are to be performed in compliance with applicable laws, regulations, and Credit Union policies and procedures.

• Under limited supervision, provides independent critical review and assessment of the credit union’s control environment, taking into consideration the operational efficiency of branches and administrative units and/or compliance with related laws and government regulations.
• Builds collaborative partnerships across the credit union to understand key business activities, risks, products, and transactions to effectively perform assurance testing.
• Conducts reviews of branch and departmental records subject to audit for the purpose of recognizing inefficiencies and making recommendations for improvement.
• Tracks corrective action responses to ensure audit findings are remedied in a timely manner.
• Establishes effective tests of controls by recommending the scope of audit for specific functions within assigned audit responsibility and assists in the development of audit and analytical programs while demonstrating an understanding of relevant threats to the credit union.
• Prepares high-quality written documentation to support audit work with evidence of deficiencies in controls, fraud, or lack of compliance with laws, government regulations, and Management's policies or procedures.
• Maintains knowledge of business, organizational, audit, and technological changes, as well as regulatory requirements. to ensure audit reliability while adhering to Frontwave’s culture of process excellence.
• Delivers presentations to various personnel and departments on internal controls, audit findings, and recommendations, when requested.
• Supports the implementation of the credit union’s Vendor Management, Regulatory Compliance, and Enterprise Risk Management programs within Frontwave’s Three Lines of Defense (3LoD) risk governance framework.
• Demonstrates dedicated commitment to continuous learning and professional growth.

Qualifications

Education and/or Experience:      

• Bachelor’s degree in Business, Finance, Accounting, or a related field preferred. Financial services Audit experience may be considered in lieu of education.
• Three years’ previous banking and/or audit experience with a combination of both banking and audit experience strongly preferred, or an equivalent combination of banking and knowledge of risks and controls. Experience in other testing assurance functions will be considered in lieu of direct audit experience.
• Proficient in computer usage with the ability to prepare spreadsheets and management reports utilizing bank software systems.
• Certified Credit Union Internal Auditor (CCUIA), Credit Union Compliance Expert (CUCE), Certified Internal Auditor (CIA), Internal Audit Practitioner (IAP), or similar certification preferred. or the ability to obtain within 6 months of hire.
• Excellent research/investigative/analytical skills.
• Proactive interpersonal team player.
• Ability to navigate highly complex issues.
• Strong problem-solving skills and the ability to work under limited supervision.
• Rapport-building skills, the predisposition to maintain a good working relationship with all credit union employees, and the emotional intelligence to foster an open dialogue between Audit and other credit union departments and employees.

Salary Range: $24.46 - $36.69

Service Excellence Standards