Internal Auditor

How to apply: Complete an Online Application at our website www.capedcu.com for the specific job opportunity that interests you. Resumes are not accepted in lieu of an application.

*This position will have the opportunity to be remote hybrid after a training period upon hire*

Role: The Internal Auditor contributes to the obtainment of CapEd’s business objectives and mission by maintaining independence and objectivity in the performance of internal audits. Assesses the effectiveness of controls and procedures, accuracy of financial records, level of regulatory compliance, and efficiency of operations. Brings a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes for the Credit Union. Utilizes the standards identified by the Institute of Internal Auditors (IIA).

 Pay: The pay for this position is $81,549.00 annually.

Essential Functions & Responsibilities:

• Perform internal audits to detect deviations from established laws, regulations, policies, procedures, business practices, and generally accepted accounting practices.
• Document internal audit work and samples, analyze findings, gather adequate supporting evidence, and make sound, appropriate recommendations.
• Oversee the coordination and completion of audits performed by external auditors, including document collection, reporting, and finding resolution.
• In coordination with the Chief Enterprise Risk Officer, perform an internal audit assessment.  Using the assessment, develop a three-year risk-based internal audit plan.  Throughout the plan’s lifecycle, at a minimum annually, update risk ratings and audit plans based on the changing needs of the organization.  
• Serve as a member of the federal examination preparation team to gather documents and coordinate the process. 
• Maintain an ongoing quality assurance program to ensure that audits are conducted in accordance with IIA standards. Works with the Supervisory Committee, Board, and CEO to have a periodic external Quality Assurance Review performed in accordance with IIA standards.
• Develop and maintain a reporting process to communicate audit and exam results, significant risk exposures and control issues, governance issues, and recommendations.
• Maintain procedures for following up on all audit and exam issues identified through internal or external audits and exams. Verifies that corrective actions have been implemented by Management in a timely fashion.
• Provide ongoing reports for management, Supervisory Committee, and the Board of Directors.
• Maintains knowledge of all Credit Union products, services, and promotions.
• Contributes to efficient Credit Union operations by performing other job-related duties as assigned.

Knowledge and Skills:

Experience: Five to eight years of similar or related experience.

Education: (1) A four-year college degree, or (2) Internal audit certification required .

Critical Job Competencies:
Brand Promise: To make a difference - every member experience matters. Employees of CapEd carry out our promise and values of EP!C by being Empowered - We are knowledgeable and trusted to make decisions. Professional - We are respectful in creating outstanding experiences. Innovative - We seek new ideas for positive change. Collaborative - We connect with each other to implement solutions.

• Contributing to Team Success: Actively participating as a member of a team to move the team toward the completion of goals.
• Decision Making: Identifying and understanding key issues and opportunities; using an effective approach for choosing a course of action or developing appropriate solutions based on data and potential outcome analysis, facts, constraints, and organizational values. Committing to a course of action and then taking action.
• Planning and Organizing: Establishing procedures and practices to monitor the results of delegations, assignments, or projects; taking into consideration the skills, knowledge, and experience of the assigned individual and characteristics of the assignment.
• Professional Presentation: When given time to prepare, organize ideas efficiently to deliver presentation(s) suited to the characteristics and needs of individuals or groups and ensure that the meetings/presentations serve the business objective.

Very Important Job Competencies:

• Adaptability, Energy, and Stress Tolerance: Taking responsibility to meet member needs and build loyal relationships; Maintaining professional performance and character under pressure, provocation, or ambiguity; Consistently sustaining high levels of activity or productivity with vigor and effectiveness over extended periods of time.
• Change and Action: Encouraging others to seek opportunities to different and innovative approaches for problems and opportunities. Facilitating the implementation and acceptance of change within the workplace while remaining open-minded and accepting other ideas.
• Managing Conflict: Dealing effectively with others in an antagonistic situation; using appropriate interpersonal styles and methods to reduce tension or conflict between two or more people.
• Risk Taking: Initiating action that tries to achieve a recognized benefit or advantage when potential negative consequences are understood.