The Opportunity
We are seeking a talented Senior Internal Auditor. This position assists in performing and managing internal audit assignments throughout the company, working independently or under the supervision of Audit Management (Internal Audit Manager, the SVP of Internal Audit or working as part of the audit team of VELERA’s co-sourced Internal Audit partners). The incumbent will work as part of an audit team to conduct audits, evaluate risks, test controls, and review processes related to financial data and systems, internal controls, department procedures, and compliance with regulatory rules and company policies. The incumbent will assist with tracking of open audit findings and facilitate response generation, information gathering, testing evidence, and escalation of prior findings with the Audit Management. There will be exposure to senior management throughout the organization. Senior auditors will assist and support less experienced staff and may work closely with management and staff from third party organizations providing internal audit support.
Day In The Life
Perform internal risk assessments under the direction of SVP of Internal Audit.
Planning internal audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives.
Interpreting regulations as they pertain to information systems, platforms, and IT operating processes, practices and procedures.
Evaluating information technology (IT) infrastructure, data flows/processes, and operating procedures in accordance with established standards oIdentification of key controls, control design, and/or control deficiencies through the development of risks and controls matrix, including the reliability and effectiveness of internal information systems controls.
Creating process documentation, including process narratives and flow charts, to assist with audit planning and execution.
Creating audit program and testing procedures at the entity, process, transaction or application levels, including assessing controls and potential risks.
Assessing risks and internal controls by identifying areas of non-compliance; evaluating manual and automated processes; identifying process weaknesses and inefficiencies and technical issues.
Maintaining open communication with management - communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports.
Partnering with internal clients to define action plans for deficiencies identified.
Preparing and presenting reports that reflect audit’s results and document process.
Assisting Audit Management and co-sourced internal audit partner to coordinate and schedule audit meetings.
Monitor management’s completion of the actions agreed upon in the remediation process; escalate, support, and provide support when needed or requested by Audit Management.
Prepare and/or review Audit reports and mange revisions.
Assist business owners in defining gaps or process deficiencies and associated action plans for remediation.
Determine and recommend improvements during implementation of IT system changes or upgrades.
Perform other duties as assigned.
Education
Bachelor’s Degree in Accounting, Finance, Information Technology and/or business or related field is required.
Currently holds, or actively pursuing, an audit professional certification, such as CPA, CIA, or CISA or equivalent audit credentials.
Master’s degree or/or advanced degree, a plus
Required to hold an audit certification(s) as condition of continued employment and/or promotion to next level.
Experience
Minimum of three (3) years related work experience in auditing (public accounting or internal audit experience) and/or a minimum of two (2) years’ experience working in another functional area such as accounting, risk management, IT, or other business or operational position.
Would prefer someone who has working knowledge of payment systems and financial services related to the credit/debit card industry.
Willing to travel as needed to successfully perform position responsibilities, approximately 20% of the time, to other offices in the U.S.
Skills
Demonstrate behaviors based on VELERA values: Excellence, Innovation, Leadership, Passion, Trust, and Diversity, Equity, & Inclusion
Ability to establish relationships and rapport with all levels of personnel, including executive and other levels of management, company employees, vendors, clients and members
Willingness to continue to learn, grow and hone your risk management and audit expertise by participating in on-going training, including possibly pursuing certifications, as necessary, and monitoring changes to applicable guidance and regulations related to corporate initiatives and industry standards
Ability to travel as needed to successfully perform position responsibilities, approximately 20% of the time, to other VELERA offices in the U.S.
Excellent teammate; Adds to team results by welcoming new and different work requirements; exploring new opportunities to make valuable contributions to the organization; helping others accomplish related job results as and where needed
Strong understanding of financial services, systems, operational, and/or technology controls; knowledge of internal audit standards and practices; must have working knowledge of IT general controls
Proven working experience as Internal Auditor with commensurate comprehension of: Accounting, finance, and/or information technology internal controls and standards oIIA, IPPF, Cobit, Sarbanes-Oxley, SOC 1, 2, and 3, auditing standards and procedures oNIST, ITIL, ISACA, or related standards of The Committee of Sponsoring Organizations of the Treadway Commission (COSO) oRisk-assessment practices
Advanced computer skills on MS Office including Microsoft word processing, presentation Powerpoint, excel spreadsheets, and Visio flowchart, accounting software and databases
Ability to manipulate large amounts of data and to compile detailed reports; experience with data analytics software, such as Power BI, Tableau, Galenize (formally ACL), SAS, etc. a plus
Ability to work on your own initiative and as part of a team
Ability to exercise discretion and good judgment in making decisions; strong problem solving, reasoning, and analytical skills; high attention to detail
Project management and time-management skills, balancing multiple tasks and meeting deadlines, under pressure
Excellent interpersonal skills and the ability to communicate effectively both verbally and written formats, including good presentation and report writing skills
Experience with financial institution regulatory standards such as NCUA, OCC, FFIEC, Nacha ACH, or related, a plus
Strong Information Technology skills and working knowledge of SharePoint, a plus.
For California, Colorado and New York Applicants: In accordance with the Equal Pay for Equal Work Act, the expected salary range for this position is between:
$84,900.00 - $108,200.00Actual Pay will be adjusted based on experience and other job-related factors permitted by law.
This position qualifies for the following benefits; Co-op Solutions offers a competitive Total Rewards package: 401(k) with generous company match, Health, Dental, and Vision Insurance options, Health Savings Account/Flexible Spending Account, Life Insurance, Short- and Long-Term disability benefits, Pregnancy and Parental Leave, Tuition Reimbursement, Paid Time Off (PTO), Paid Holidays, Community Volunteer Time Off, and an Employee Assistance Program.
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