Director Of Internal Audit

General Summary (What is done and why)

The Director of Internal Audit provides leadership to the Internal Audit Team in the areas of Auditing and Risk Assessment.  The position will be responsible to ensure Internal Audit activities are aligned with industry best practices and will work to ensure roles, responsibilities, and results are efficiently coordinated thereby collectively optimizing the effectiveness of risk management, control, and governance of the company.

Essential Functions, in Priority Order (Majority of duties, but not meant to be all inclusive or prevent other duties from being assigned as necessary)

1. Coordinate internal and external audit functions in order to ensure compliance with internal policies, banking laws, regulations, and trade group rules including those pertaining to information systems.  Serve as a liaison between regulatory examiners, outside auditors, and the credit union staff.  Hire and manage external sources required to meet audit requirements.  Time 40%
2. Provide leadership to the Internal Audit staff with a focus on change management and positive engagement with their internal and external constituents.  Direct and train them on their responsibilities on an ongoing basis.  Evaluate and realign roles to achieve balanced workloads. Attract, hire, and retain a team of high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity.  Time 20%
3. Develop and administer a comprehensive audit and risk assessment program for the credit union, ensuring that internal controls are adequate to ensure compliance with the respective goals, objectives, policies, procedures, and applicable laws and regulations.  Time 10%
4. Oversee Internal Audit’s participation in critical business and technology initiatives and projects ensuring that audit’s perspective is effectively voiced and appropriate controls are designed and implemented on a proactive basis.  Time 10%
5. Meet regularly with the Supervisory Committee to report the status of Internal Audit’s ongoing monitoring activities, educate/inform the committee of emerging risks and/or exposures that should be considered and serve as the “thought leader” with respect to risk management and internal control best practices. Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention. Time 10%
6. Oversee the development and performance of assigned audit procedures.  Time 10%

Education (Minimum education and experience required to perform the duties of this position)

• Bachelor’s degree required with preferred focus in accounting, finance or business related field.  

Experience In addition to the education requirement:

• Five to ten years of progressive experience as an Internal Auditor, preferably in a financial institution or a related organization. 
• Three years management/supervisory experience 
• Professional certification as CPA, CISA, or a CIA is preferred.

Knowledge, Skills and Abilities (Minimum technical and communication skill levels and licenses/certificates normally required to perform the duties of this position)

• The ability to interface with a wide variety of contacts including members, vendors, senior management, board members and other organizational employees. 
• Agility to address diverse audit, risk management and compliance issues on a day-to-day basis.
• Positive attitude and solutions-oriented approach to addressing issues facing the organization
• Comfortable with and effective at leading change management initiatives within the department.
• Strong interpersonal, leadership, negotiating, consulting, analytical and problem-solving abilities. 
• Excellent written and oral communication skills.
• Strong organizational skills with the ability to handle multiple, high-priority projects with a keen attention to detail. 
• Strong work ethic and ability to multi-task, prioritize and follow-through on numerous projects. 

Required Competencies

• Customer Focus
• Change Management
• Business Acumen
• Drive for Results
• Demonstrates Courage
• Integrity and Trust
• Self-Development
• Innovation Management
• Developing Direct Reports and Others
• Managing Through Systems
• Organizational Agility
• Building Effective Teams
• Problem Solving

Mental Requirements

• High level of decision making in an ambiguous environment.
• Ability to listen and respond with empathy.
• Ability to analyze and evaluate information.
• Goal-oriented, innovative problem solver.
• Creative thinking in developing business process solutions.
• Ability to use good judgment and make sound decisions quickly.
• Ability to work under pressure.
• Ability to understand strategic objectives.
• Ability to concentrate in a multi-task environment.
• Ability to maintain a positive attitude and professional image.
• Ability to train and evaluate results.

Tools and Equipment Used

• All available general office equipment as needed.

• All available computer software and hardware as needed.

Working Relationships/Contacts (Positions with which incumbent has frequent contact)

• Daily, personal/written/phone contact with other department managers.
• Daily, personal/written/phone contact with Credit Union staff.
• Weekly/monthly, personal/written/phone contact with strategic partners.

Physical Demands (Physical effort generally associated with this position)

Work involves standing and walking for brief periods of time, but most work is done from a seated position.  There is potential for eyestrain from reading detailed reports and computer screen.  Deadlines, workloads and pressure to achieve goals may cause increased stress levels.

Working Conditions (Typical working conditions associated with this type of work and environmental hazards, if any, that may be encountered in performing the duties of this position)

Internal -- work is normally performed in climate controlled office environment, where exposure to conditions of extreme heat/cold, poor ventilation, fumes and gases is very limited.  Noise level is moderate and includes sounds of normal office equipment (computers, telephones, etc).  No known environmental hazards are encountered in normal performance of duties. Length of day is unpredictable; long hours may be required to accommodate deadlines or special meetings.

External -- Some travel may be required as it pertains to branch operation examinations and other offsite training; however, information on environmental conditions is not available.

United Federal Credit Union has served its Members since 1949 by helping them to build a sound financial future. United is based in St. Joseph, MI, with additional branches in Arkansas, Indiana, Michigan, Nevada, North Carolina, and Ohio. United, as a not-for-profit company, takes its commitment to both Members and the community to heart by improving lives and bettering local neighborhoods through financial tools and resources. The employees who work at United, known as Team United, are rooted in their communities as friends, family, volunteers, and mentors. For more information visit www.UnitedFCU.com. 

EEO/AA Employer/VET/Disabled