Director Internal Audit, Corporate Functions

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email [email protected] and every reasonable effort will be made to accommodate your needs in a timely manner.

Job SummaryCultivates a systematic and disciplined approach to evaluate and improve the effectiveness of the credit union’s risk management and control processes, and direct internal audit department resources to safeguard credit union assets. Oversees, directs and manages daily workflow of Corporate Functions audits. Administers internal audit functions as well as performs audits of corporate functions (Finance, Risk Management, Compliance, HR, Legal, Marketing and others). Leads the Corporate Functions audit team under the direction of the SVP and Supervisory Committee.

Job Description

LOCATION

Mountain America Center- Hybrid

9800 S Monroe St
Sandy, UT 84070

SCHEDULE

Full Time;

To be effective, an individual must be able to perform each job duty successfully. 

• Conducts organizational audit risk assessment for purposes of developing the Corporate Functions annual audit plan, and reviews and revises the plan quarterly or as needed. Communicates and reviews results of risk assessment and annual audit plan with Supervisory Committee.

• Oversees, directs and manages daily workflow of Audit Manager, Senior and Staff auditors to ensure audit schedule is maintained.

• Oversees quality control activities of the Corporate Functions audit team, including coordinating regular peer reviews of department processes.

• Evaluates and assesses governance, culture, risk, and control structure and environment.

• Oversees performance of Corporate Functions audits throughout the credit union.

• Evaluates efficiency and effectiveness of team and consults with SVP to continuously improve all Corporate Functions audit processes.

• Analyzes and prepares annual Corporate Functions team financial budget based on assessed needs, and submits these requests to the SVP of Internal Audit.

• Reviews or oversees review of work papers prepared by Corporate Functions team for adherence to department procedures and the Institute of Internal Auditors (IIA) standards. Provides appropriate feedback, as necessary.

• Reviews all Corporate Functions internal audit reports prior to issuance for adherence to department procedures and the IIA standards.  Provides appropriate feedback, as necessary.

• Evaluates new auditing standards, regulations, and accounting pronouncements, as applicable.

• Assists SVP in developing, maintaining, and distributing monthly internal audit status reports for distribution to Executive Management, Supervisory Committee, and Board of Directors

• Complies with all regulations as required by law, including but not limited to Bank Secrecy Act, OFAC, FACT Act, GLBA, Regulation CC (funds availability), Regulation DD (TIS) and other regulations as required by law as it relates to the position.

• Performs other duties as assigned.

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

• 10+ years of experience in an internal audit role within the financial services industry including at least five years in an internal audit management capacity.

• Expertise in risk management practices, including financial and non-financial risks.

• Advanced knowledge of auditing Finance, Risk Management and Compliance functions.

• Comprehensive knowledge and understanding of the regulatory requirements as they relate to the areas of governance and risk management.

• Prior experience with Big 4 accounting firm preferred.

Education

4-year degree in a finance, accounting, or quantitative discipline, or related field. Graduate degree in a related subject preferred.

Licenses, Certificates, Registrations

One of the following professional certifications: CIA, CPA, CFA is required.

Computer/Office Equipment Skills

• Advanced level skill for Microsoft Office (Outlook, Word, PowerPoint, Excel), especially Excel. 

• Experience with data analysis required.

• Knowledge of computer assisted audit techniques preferred. 

Managerial Responsibility

• Has supervisory/managerial responsibilities that are direct or through work leaders or assistants, typically with a subordinate group of 4 to 8 employees. 

• Estimates personnel needs and assigns work to meet these needs. 

• Supervises, coordinates and reviews the work of assigned staff. 

• Recommends candidates for employment, conducts performance evaluations and salary reviews for assigned staff, and applies company policy. 

• Includes senior department heads without staff, assistant manager, or manager.

Interpersonal Skills

A significant level of trust and diplomacy is required, in addition to normal courtesy and tact.  Work involves extensive personal contact with others and is usually of a personal or sensitive nature.  Work may involve motivating or influencing others.  Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Language Skills

Must have the ability to read, understand and carry out instructions in written and oral form. Ability to communicate effectively and courteously. Strong written communication skills required. 

Other Skills and Abilities

• Understanding of financial institution operations and transactions. 

• Advanced understanding of accounting principles and COSO framework.

• Advanced understanding of applicable regulations, as outlined in Essential Duties and Responsibilities above.

• Understanding of credit union data system and ability to use a computer and software applications. 

• Ability to think critically and recognize and analyze problems, improprieties, and opportunities for improvement. 

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands

Ability to talk, hear, sit, use hands to handle or feel and reach with hands and arms consistently. Ability to stand, walk, kneel and crouch occasionally

Vision Requirements

Close vision (clear vision at 20 inches or less) Distance Vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted

Ability to lift up to 10 pounds consistently and up to 50 pounds

Environmental

There are no unusual environmental factors

Noise Environment

Moderate noise (business office with computers and printers, light traffic)

***This Job is not eligible to be performed in Colorado or Connecticut, either remotely or in-person.***

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Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.