Black Hills Federal Credit Union
Internal Auditor I
Black Hills Federal Credit Union, Rapid City, South Dakota, United States, 57700
Job Details
Job Location Corporate Office - Rapid City, SD
Job Category Finance
Description
Who We Are
We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members.
At BHFCU, we're committed to improving the lives of our members every day, and we look for people who share that passion. Don't have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.
General Purpose:
Assist the Internal Audit Manager with their responsibility for overseeing the safety and soundness of the Credit Union's assets by evaluating the adequacy and effectiveness of the internal control procedures established and implemented by management. May have no direct responsibility over any activity reviewed or audited.
Essential Duties/Responsibilities
The Internal Auditor I position is responsible for examining and evaluating Credit Union operations, internal controls and adherence to rules and regulations through risk-based audits. The outcome of this work should be a series of process improvements and adjustments to control systems, so that BHFCU operates more efficiently and effectively, while mitigating risk and complying with regulatory requirements. This position must ensure audit work complies with the International Standards for the Professional Practice of Internal Auditing.
To ensure success, internal auditors must be critical thinkers with a keen interest in improving the Credit Union's internal control structure and mitigating risk. Determine scope of review in conjunction with the Internal Audit Manager and build work documents in MS Word and Excel which quantify methodology and findings. Identifies and evaluates key internal controls for multiple departments (tellers, member service centers, accounting, loans, collections, credit cards, ATMs, share drafts, etc.) to determine the nature of operations and the effectiveness and adequacy of the system of internal controls to achieve established objectives. Conduct testing and analysis of specified areas using samples and other data to prove evidence of / absence of risk by comparingCredit Union policies and procedures, best business practices and industry benchmarks. Review the extent of compliance with applicable laws and regulations as well as the adequacy of compliance procedures. Assess financial operations and make best-practices recommendations to management to ensure efficiency and use of accepted accounting procedures. Prepares summaries of the audit procedures performed and the results achieved at the conclusion of each audit. Provide management with reports on exceptions and the results of audit activity by communicating the status of operating conditions, including recommendations for improvement. Review actions taken by management to correct deficiencies. As requested, assist NCUA examiners, external auditors, and other consultants. Other Duties/Responsibilities
Keep abreast of changes to policies, procedures, and internal controls by reading pertinent materials and attending relevant trainings. Travel to member service centers to review operations as required by the Internal Audit Manager. Perform other duties that may be assigned by the Internal Audit Manager or Supervisory Committee. Job Knowledge
Understanding of internal auditing standards, COSO, and risk assessment practices. Knowledge of business English, spelling, grammar, and composition. Working knowledge of the Credit Union's rules, products, services, regulations, procedures, and service philosophy. Ability to effectively communicate with all levels of the organization and to outside parties. Considerable knowledge of personal computers and related PC software equipment. Strong working knowledge of Microsoft Office, including Excel, Word, and Adobe Acrobat is essential. Must be able to read and interpret financial reports received from various sources. Working knowledge of general accounting principles. Effective analytical, problem solving and decision-making skills. Job Qualifications (Skills)
Black Hills FCU is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.
Vision: A sighted person to read and interpret financial data and to verify funds. Speech/Hearing: Ability to communicate verbally and in writing with volunteers, staff, members, and appropriate outside parties. Manual Dexterity: Ability to perform necessary computer-related input. Physical Mobility: Limited mobility required. May periodically be required to lift bags of coin or other items up to 30 lbs. Job Qualifications (Ability)
Ability to set priorities and manage one's own time effectively. Ability to prioritize multiple, and sometimes, conflicting tasks. Ability to express oneself, clearly and concisely, both orally and in writing. Ability to prepare and maintain confidential records and reports. Ability to gather, assemble, correlate, and analyze facts and develop solutions. Ability to analyze statistics and financial data. Ability to interact positively with management, volunteers, coworkers, and the public to promote a team effort and maintain a positive attitude even under extreme pressure. Ability to think critically with an improvement focused mindset.
Job Qualifications (Education/Experience)
Job requires a four-year college level of understanding in accounting, finance, information systems or business. Two years of audit or related experience strongly preferred. Experience in the financial services industry is strongly preferred. Certification (CPA, CIA, CISA, or similar certification) is strongly preferred. Formal training should be supplemented with continuing education. If hired, employee must maintain active membership in The Institute of Internal Auditors (IIA). Any fees associated with membership will be covered by employer.
Working Conditions
Material and Equipment Involved Personal Computer Presentation Aids Signature Pads WebEx Tablet and Mobile Devices PA Sound System Video Recording Devices Scanners Projectors and Screens PowerPoint Photocopy Machine Excel Various Software Applications Cash Dispatch Machine/Cash Recycler Word Salesforce
Work Environment/Physical Activities
Occasional travel to one of BHFCU's branch locations or attendance at community events may berequired.
This position has the option of a hybrid work schedule, with at least three days per week in the office. An assessment of the remote work environment must be completed prior to a remote work plan being developed.
Job requires limited physical effort. It is primarily a desk assignment. Work within a highly structured and closely supervised environment. Ability to function in a fast-paced area. Ability to handle multiple tasks simultaneously. Work creates normal fatigue daily. Work creates moderate stress during certain periods during daily routine. The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations. The job requires a degree of attention to detail.
Notice:
This job description is not intended to be, nor should it be construed as, a contract or guarantee for employment. BHFCU adheres to all federal and state labor laws regarding termination and probationary periods. This position is also subject to all the personnel policies of the Black Hills Federal Credit Union. Changes may be made to this job description at any time by the President or Supervisory Committee. Black Hills Federal Credit Union is an equal opportunity employer.
Black Hills Federal Credit Union is an equal opportunity employer. All applicants will receive consideration without regard to age, race, color, sex, sexual orientation, genetic information, religion, national origin, disability, veteran status, or any other status or condition protected by state or federal law. BHFCU will provide reasonable accommodation to qualified persons with a disability but who are otherwise able to perform the essential functions of the job.
Job Location Corporate Office - Rapid City, SD
Job Category Finance
Description
Who We Are
We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members.
At BHFCU, we're committed to improving the lives of our members every day, and we look for people who share that passion. Don't have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.
General Purpose:
Assist the Internal Audit Manager with their responsibility for overseeing the safety and soundness of the Credit Union's assets by evaluating the adequacy and effectiveness of the internal control procedures established and implemented by management. May have no direct responsibility over any activity reviewed or audited.
Essential Duties/Responsibilities
The Internal Auditor I position is responsible for examining and evaluating Credit Union operations, internal controls and adherence to rules and regulations through risk-based audits. The outcome of this work should be a series of process improvements and adjustments to control systems, so that BHFCU operates more efficiently and effectively, while mitigating risk and complying with regulatory requirements. This position must ensure audit work complies with the International Standards for the Professional Practice of Internal Auditing.
To ensure success, internal auditors must be critical thinkers with a keen interest in improving the Credit Union's internal control structure and mitigating risk. Determine scope of review in conjunction with the Internal Audit Manager and build work documents in MS Word and Excel which quantify methodology and findings. Identifies and evaluates key internal controls for multiple departments (tellers, member service centers, accounting, loans, collections, credit cards, ATMs, share drafts, etc.) to determine the nature of operations and the effectiveness and adequacy of the system of internal controls to achieve established objectives. Conduct testing and analysis of specified areas using samples and other data to prove evidence of / absence of risk by comparingCredit Union policies and procedures, best business practices and industry benchmarks. Review the extent of compliance with applicable laws and regulations as well as the adequacy of compliance procedures. Assess financial operations and make best-practices recommendations to management to ensure efficiency and use of accepted accounting procedures. Prepares summaries of the audit procedures performed and the results achieved at the conclusion of each audit. Provide management with reports on exceptions and the results of audit activity by communicating the status of operating conditions, including recommendations for improvement. Review actions taken by management to correct deficiencies. As requested, assist NCUA examiners, external auditors, and other consultants. Other Duties/Responsibilities
Keep abreast of changes to policies, procedures, and internal controls by reading pertinent materials and attending relevant trainings. Travel to member service centers to review operations as required by the Internal Audit Manager. Perform other duties that may be assigned by the Internal Audit Manager or Supervisory Committee. Job Knowledge
Understanding of internal auditing standards, COSO, and risk assessment practices. Knowledge of business English, spelling, grammar, and composition. Working knowledge of the Credit Union's rules, products, services, regulations, procedures, and service philosophy. Ability to effectively communicate with all levels of the organization and to outside parties. Considerable knowledge of personal computers and related PC software equipment. Strong working knowledge of Microsoft Office, including Excel, Word, and Adobe Acrobat is essential. Must be able to read and interpret financial reports received from various sources. Working knowledge of general accounting principles. Effective analytical, problem solving and decision-making skills. Job Qualifications (Skills)
Black Hills FCU is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.
Vision: A sighted person to read and interpret financial data and to verify funds. Speech/Hearing: Ability to communicate verbally and in writing with volunteers, staff, members, and appropriate outside parties. Manual Dexterity: Ability to perform necessary computer-related input. Physical Mobility: Limited mobility required. May periodically be required to lift bags of coin or other items up to 30 lbs. Job Qualifications (Ability)
Ability to set priorities and manage one's own time effectively. Ability to prioritize multiple, and sometimes, conflicting tasks. Ability to express oneself, clearly and concisely, both orally and in writing. Ability to prepare and maintain confidential records and reports. Ability to gather, assemble, correlate, and analyze facts and develop solutions. Ability to analyze statistics and financial data. Ability to interact positively with management, volunteers, coworkers, and the public to promote a team effort and maintain a positive attitude even under extreme pressure. Ability to think critically with an improvement focused mindset.
Job Qualifications (Education/Experience)
Job requires a four-year college level of understanding in accounting, finance, information systems or business. Two years of audit or related experience strongly preferred. Experience in the financial services industry is strongly preferred. Certification (CPA, CIA, CISA, or similar certification) is strongly preferred. Formal training should be supplemented with continuing education. If hired, employee must maintain active membership in The Institute of Internal Auditors (IIA). Any fees associated with membership will be covered by employer.
Working Conditions
Material and Equipment Involved Personal Computer Presentation Aids Signature Pads WebEx Tablet and Mobile Devices PA Sound System Video Recording Devices Scanners Projectors and Screens PowerPoint Photocopy Machine Excel Various Software Applications Cash Dispatch Machine/Cash Recycler Word Salesforce
Work Environment/Physical Activities
Occasional travel to one of BHFCU's branch locations or attendance at community events may berequired.
This position has the option of a hybrid work schedule, with at least three days per week in the office. An assessment of the remote work environment must be completed prior to a remote work plan being developed.
Job requires limited physical effort. It is primarily a desk assignment. Work within a highly structured and closely supervised environment. Ability to function in a fast-paced area. Ability to handle multiple tasks simultaneously. Work creates normal fatigue daily. Work creates moderate stress during certain periods during daily routine. The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations. The job requires a degree of attention to detail.
Notice:
This job description is not intended to be, nor should it be construed as, a contract or guarantee for employment. BHFCU adheres to all federal and state labor laws regarding termination and probationary periods. This position is also subject to all the personnel policies of the Black Hills Federal Credit Union. Changes may be made to this job description at any time by the President or Supervisory Committee. Black Hills Federal Credit Union is an equal opportunity employer.
Black Hills Federal Credit Union is an equal opportunity employer. All applicants will receive consideration without regard to age, race, color, sex, sexual orientation, genetic information, religion, national origin, disability, veteran status, or any other status or condition protected by state or federal law. BHFCU will provide reasonable accommodation to qualified persons with a disability but who are otherwise able to perform the essential functions of the job.