Connexus Credit Union
Internal Audit Lead
Connexus Credit Union, Wausau, Wisconsin, United States, 54401
Connexus Credit Union - Who We Are:Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates on our loans. We are a remote first employer with the majority of our employees residing in the upper Midwest.As an employer we foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to thrive personally and professionally. We are proud to share our success with our employees and those we serve.Connexus offers an Amazing Benefits package:25 days of paid time off and 7 paid holidays
16 hours of paid Volunteer Time Off
401K Retirement with up to 6% employer match
Excellent Health, Dental, Vision insurance, including multiple plan options
Health Savings Account with generous employer contributions
Employer paid Life insurance, Short-Term and Long-Term Disability
Tuition Reimbursement from $4,000 - $7,000 per calendar year
Robust Learning and Development program that includes an annual professional development stipend
About the Role:Due to our continued growth, we are adding an Internal Audit Lead role. As an Internal Audit Lead, you will execute complex audits in compliance with audit standards and internal procedures; maintain independence and objectivity, participate in the annual risk assessment and audit planning activities, and lead and execute audit projects. We are looking for a candidate that has advanced knowledge of internal audit, experience working in a very regulated environment, and can work with limited level of direct supervision. This role requires an active CPA, CIA or CCUIA certification.Reporting to the VP of Internal Audit, this role's leading responsibility will be focused on monitoring and validating progress on recommendations issued by internal audit and external organizations (e.g., NCUA, WI DFI), balanced by supporting completion of the annual audit plan.Responsibilities:Execute complex audits in compliance with audit standards and internal procedures; maintain independence and objectivity.
Participate in annual risk assessment and planning activities as assigned.
Lead and execute audit projects including setting audit objectives, scope and preparing audit programs.
Produce quality workpapers that adhere to documented standards and requirements of the Institute of Internal Auditors (IIA) with the International Professional Practices Framework which includes standards, core principles and a code of ethics. All work produced by an Sr. Internal Auditor is required to be conducted in accordance these professional standards.
Document control narratives/flowcharts; and conduct audit testing to evaluate control effectiveness.
Review all audit workpapers to ensure completeness, accuracy, and adherence to standards and internal procedures.
Develop actionable recommendations to address identified control gaps.
Draft summary reports and leads management discussions to report adequacy of internal controls and compliance with regulatory requirements and management practices.
Responsible for communicating audit results, conclusions, and recommendations to management.
Acts as SME to senior stakeholders and /or other team members.
Perform follow up activities to determine adequacy of corrective actions taken.
Adhere to audit schedule and ensures completion of audits in the timeframe and hours allowed.
Conduct special projects or audits at the request of management.
Position Requirements:This position is Remote.
Bachelor's degree is Required.
5+ years of combined experience in banking or internal auditing role is Required.
An active CPA, CIA or CCUIA certification is Required.
Advanced knowledge of the internal audit function and processes, in a financial institution is Required.
Advanced skill presenting findings, conclusions, alternatives, and information clearly and concisely is Required.
Experience in leading cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact is Required.
Ability to exercise professional skepticism, looking for evidence of potential fraud, manipulation or deviation from financial reporting standards is Required.
Demonstrated critical thinking, research, problem solving and organizational skills with consistent exercise of discretion and independent judgement is Required.
Significant prior knowledge of internal controls concepts, practices, analytical data testing and interpreting data models is Required.
Connexus Credit Union's Recent Recognitions:5 Best Credit Unions of 2024 - Nerdwallet
The Best Credit Unions of 2024 - Bankrate
Best Credit Union for using Any ATM - The Balance
Equal Opportunity Employer/Disabled/Veterans/41 CFR 60-1.4, 41 CFR 60-1.35
16 hours of paid Volunteer Time Off
401K Retirement with up to 6% employer match
Excellent Health, Dental, Vision insurance, including multiple plan options
Health Savings Account with generous employer contributions
Employer paid Life insurance, Short-Term and Long-Term Disability
Tuition Reimbursement from $4,000 - $7,000 per calendar year
Robust Learning and Development program that includes an annual professional development stipend
About the Role:Due to our continued growth, we are adding an Internal Audit Lead role. As an Internal Audit Lead, you will execute complex audits in compliance with audit standards and internal procedures; maintain independence and objectivity, participate in the annual risk assessment and audit planning activities, and lead and execute audit projects. We are looking for a candidate that has advanced knowledge of internal audit, experience working in a very regulated environment, and can work with limited level of direct supervision. This role requires an active CPA, CIA or CCUIA certification.Reporting to the VP of Internal Audit, this role's leading responsibility will be focused on monitoring and validating progress on recommendations issued by internal audit and external organizations (e.g., NCUA, WI DFI), balanced by supporting completion of the annual audit plan.Responsibilities:Execute complex audits in compliance with audit standards and internal procedures; maintain independence and objectivity.
Participate in annual risk assessment and planning activities as assigned.
Lead and execute audit projects including setting audit objectives, scope and preparing audit programs.
Produce quality workpapers that adhere to documented standards and requirements of the Institute of Internal Auditors (IIA) with the International Professional Practices Framework which includes standards, core principles and a code of ethics. All work produced by an Sr. Internal Auditor is required to be conducted in accordance these professional standards.
Document control narratives/flowcharts; and conduct audit testing to evaluate control effectiveness.
Review all audit workpapers to ensure completeness, accuracy, and adherence to standards and internal procedures.
Develop actionable recommendations to address identified control gaps.
Draft summary reports and leads management discussions to report adequacy of internal controls and compliance with regulatory requirements and management practices.
Responsible for communicating audit results, conclusions, and recommendations to management.
Acts as SME to senior stakeholders and /or other team members.
Perform follow up activities to determine adequacy of corrective actions taken.
Adhere to audit schedule and ensures completion of audits in the timeframe and hours allowed.
Conduct special projects or audits at the request of management.
Position Requirements:This position is Remote.
Bachelor's degree is Required.
5+ years of combined experience in banking or internal auditing role is Required.
An active CPA, CIA or CCUIA certification is Required.
Advanced knowledge of the internal audit function and processes, in a financial institution is Required.
Advanced skill presenting findings, conclusions, alternatives, and information clearly and concisely is Required.
Experience in leading cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact is Required.
Ability to exercise professional skepticism, looking for evidence of potential fraud, manipulation or deviation from financial reporting standards is Required.
Demonstrated critical thinking, research, problem solving and organizational skills with consistent exercise of discretion and independent judgement is Required.
Significant prior knowledge of internal controls concepts, practices, analytical data testing and interpreting data models is Required.
Connexus Credit Union's Recent Recognitions:5 Best Credit Unions of 2024 - Nerdwallet
The Best Credit Unions of 2024 - Bankrate
Best Credit Union for using Any ATM - The Balance
Equal Opportunity Employer/Disabled/Veterans/41 CFR 60-1.4, 41 CFR 60-1.35