Internal Audit Manager - Military veterans preferred

Pen Air Credit Union

Company Description

Since 1936 PenAir® Credit Union has been the catalyst where community, resources, and impact come together and produce a powerful force for good. We have a unique culture and we’re passionate about it. Grown from the values we hold most dear, three guiding principles shape how we see the people we serve, the community around us, and our role within it. These guiding principles are Respect, Service, and Communerosity® and they’re woven throughout our culture.

PenAir is where people and community, resources and expertise align with your values to create real impact. Generational impact through strong financial education and support. We care about the things you care about. As the largest and oldest credit union in Pensacola, Florida, with more than $2.5 billion in assets, our purpose is to enhance the lives of those we serve from Mobile County, Alabama to Leon County, Florida. 

Careers
Do you have a passion for helping others?
Currently, PenAir provides access to 11 convenient locations in Baldwin County, AL and Escambia and Santa Rosa Counties in Florida. Join us and become a powerful force for good - after all we live, work, and play here too. 

Join the team. You’ll fit right in.
Take control of your future by mapping out a career at PenAir. Working with us means you can shape your professional experience to suit your dreams. We offer valuable resources that provide you the opportunity to build upon and strengthen your skills. Whether it be a career path in advising our members directly on products and services, guiding them through major purchase decisions on a home or vehicle, or even helping build the technology and processes behind the scenes, there is a place for everyone at Pen Air! Success looks different for everyone. Where will your journey take you? 

The PenAir difference.
Just like we strive to be a force for good at work, Pen Air works just as hard to supply employees with a total rewards package that includes competitive salaries and meaningful benefits.

Holistic Amenities:

• Up to $15K available for continuing education
• Student Loan Paydown
• Adoption Assistance Reimbursement
• Wellness Programs
• Gym membership reimbursement
• Formal Career Development Resources
• Financial Wellness Resources
• Purchase assistance with computers and fitness equipment.

Benefits Package Highlights:

• Generous PTO Plan—20 days for new hires
• Paid Maternal & Parental Leave
• Competitive Retirement Plan
• Competitive medical, dental & vision plans
• Company paid Telehealth services.
• Company paid Short Term Disability
• And more……….!

About the role: 

Reporting to the Head of Audit, the Internal Audit Manager leads the credit union’s internal audit functions and is pivotal in safeguarding the credit union’s financial integrity and enhancing organizational efficiency. This role involves accessing financial activities, internal controls, risk exposures, and regulatory compliance with a focus on Interest Rate Risk, Risk Monitoring, Liquidity and Funds Management, Loan Review, Earning Analysis, and Capital Planning. The Internal Audit Manager will report the findings to Supervisory Committee and collaborate with senior management to strengthen internal controls and promote financial stability.

Major Duties and Responsibilities:

• Audit Execution and Oversight 
  • Lead and execute comprehensive audits of financial reports, internal controls, loan portfolios, member accounts, investments, and IT systems. 
  • Conduct risk assessments to identify potential vulnerabilities in credit union operations and financial activities. 
  • Develops and implements audits strategies by developing short- and long-term goals that support credit union objectives. Executes established operational goals and ensures the credit union plans are supported. 
  • Establish audit objectives, scope, and methodologies to align with regulatory requirements and credit union practices. 
  • Oversight of laws regulation, mitigating systemic risk, evaluating the financial institution, and determining if they treat consumers and members fairly. 
• Reporting and Communication 
  • Prepare and present comprehensive audit reports to the Head of Audit, Senior Leadership, Supervisory Committee, and Board of Directors. 
  • Oversee the coordination of external audits/review, audit advisory consultations and industry examinations. 
  • Highlight key findings, risks, and actionable recommendations on areas to strengthen. Monitoring of audit findings, exceptions, and completion of recommendations. 
  • Keeps Supervisory Committee informed of department activities and any significant problems. Completes and submits required reports, memorandums, records, and related documents with limited oversight. 
• Leadership and Team Development
  • Supervise and mentor internal audit staff, fostering a culture of accountability and integrity. 
  • Conduct performance evaluations and support career development for audit team.
  • Promote out of the box thinking, best practices, and continuous improvement with the audit function. 
  • Assigns internal audit staff and/or conducts RFP’s and contracts with external resources to complete all audited and related systems testing. Conducts related discussions with management, develops recommendations, and provides risk ratings. 
  • Assists with performance appraisals, establishes goals and actions plans, and sets up performance improvement and disciplinary actions. 
• Compliance and Regulatory Adherences: 
  • Ensure audits align with NCUA regulations, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and other regulatory standards. 
  • Review internal compliance with credit union policies and procedures. 
  • Maintain the Department policies and procedures manual. 
  • Reviews/investigates member complaints for the Supervisory Committee and Head of Audit in drafting a formal response review and approval by the chair of the Supervisory Committee. 
  • Stay current on professional and credit union industry regulations, reporting requirements, auditing procedures, and general accounting principles or auditing techniques by attending continuing education classes, webinars, as well as reading professional periodicals/journals. 
• External Auditors and Vendor partnership:
  • Coordinates and assists external auditors, audit advisory consultants and NCUA examiners with project requests, research and testing of audit programs and examinations. 
• Performs other duties as assigned.

Minimum Qualifications:

• Experience: Five years to eight years of similar or related experience, including preparatory experience.
• Education/Certifications/Licenses: (1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g. CPA).
• Interpersonal Skills: A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance. Typically, it includes subject matter experts as well as first level middle managers.
• Other Skills: 
  • CPA, CIA, or other related industry certification preferred.
  • Thorough knowledge of banking practices, policies, procedures, operations, services, regulations. 
  • Specific knowledge of Interest Rate Risk, Risk Monitoring, Liquidity Funds Management, Loan Review (including Commercial, Indirect, and Direct), Analyzing and Interpreting Earnings and Liquidity, and sound understanding of community investment law. 
  • Demonstrate strong organizational skills, analytical, research and problem-solving skills. 
  • Ability to work independently with minimal supervision. 
  • Ability to work effectively with all organizational levels, both internal and external. 
  • Ability to maintain confidentiality of CU information.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status

PI271832573