Audit Manager

Overview

The Audit Manager is responsible for performing and supervising complex individual audit projects, as part of the total internal audit plan. Internal Audit’s mission is to enhance and protect Northwest Federal’s value through the development and execution of risk-based plan that evaluates operations and controls throughout the organization. The Audit Manager bears primary responsibility for assisting the VP of Internal Audit by managing audit coverage of assigned auditable units of the Credit Union. The manager assists the VP of Internal Audit with the development of audit policies, procedures, guidelines, standards and programs. The manager recommends and implements improvements in the audit process and suggests new areas of potential involvement to the VP of Internal Audit. The manager submits periodic reports to the VP of Internal Audit on the audit activities under his/her responsibility; conducts ongoing reviews of all work performed under his/her direction and provides guidance and support to the professional staff on audit techniques. The manager may perform projects of a more than normal complexity and sensitivity based on need.

Responsibilities

• Prepare audit programs prior to the commencement of an audit to help ensure that the engagement will be carried out in accordance with established procedures and adequate audit coverage will be provided.
• Conduct and facilitate interviews of responsible management and staff as needed to gain an overall understanding of systems, processes, procedures, reports and transactions and to examine specific issues or areas.
• Coordinate the work of auditors or perform as the sole assigned auditor to complete the audit engagement.
• Prepare audit reports and work papers to ensure that the work performed is properly documented, all audit objectives have been achieved, findings are adequately supported and recommendations to improve internal controls are reasonable.
• Participate in exit conferences with management personnel to discuss issues and recommendations.
• Initiate follow-up actions and reviews responses to audit reports, including reports prepared by subject matter experts, external auditors, and regulatory authorities, to ensure that appropriate consideration is given to recommendations and corrective actions are being taken when required.
• Participate, in a consulting capacity, in the establishment or revision of internal control procedures to ensure adequate protection of Credit Union assets.
• Performs and/or assists with assurance and monitoring activities, which includes but not limited to, complaints investigation, facilitation external and regulatory examinations, and Request for Proposal (RFP) process.
• Make oral presentations, as may be required, to Credit Union management and/or Supervisory Committee on the results of audits or internal investigations, or to explain recommendations to improve internal controls.
• Assist the VP of Internal Audit in developing improved audit techniques and furnishes uniform direction to the professional staff.
• Assist the VP of Internal Audit in the preparation of the annual Audit Plan and goal setting.
• Manage and monitor budgeted hours to verify audits are completed efficiently and within prescribed deadlines.
• Perform duties as delegated by the VP of Internal Audit in their absence to ensure continuity and direction for the Internal Audit Department.
• Adhere to Bank Secrecy Act (BSA) regulations, Internal Audit and all related Credit Union policies and procedures
  
  

Qualifications

Required

• Bachelor’s degree in accounting, business, or management information systems
• Minimum 6 years’ experience in auditing, accounting or a related field
• Outstanding leadership skills
• Excellent interpersonal and organizational skills
• Good analytical ability and judgment
• The ability to communicate effectively in written reports
• A thorough knowledge of auditing practices and accounting, information systems and/or regulatory matters as appropriate to the situation
• The ability to make oral presentations, as may be required, on the results of audits activities
• The ability to successfully plan, direct, manage and complete audits of a sensitive nature
• The ability to self-direct and work with limited supervision
• The ability to manage ongoing multiple projects amidst stringent time and date deadlines
• The ability to effectively guide and motivate subordinates and peers when required while maintaining a positive work environment
• The ability to develop and maintain working relationships with all levels of staff, management, stakeholders and contractors
• The ability to use applicable technologies as required by the duties of the position
• Must be able to work the hours of M-F 8am-4:30pm
• Ability to work effectively on-site in our Herndon, VA headquarters and equally effectively remotely
• The ability to commute (or travel, as circumstances warrant), using personal transportation or other means, between any of the locations in which the Credit Union or its subsidiaries does business

Preferred

• At least one related professional certification (i.e., CIA, CPA, CISA, CFE or IAP)
• Minimum two years previous supervisory experience
• Minimum three years of financial institution experience

Additional Compensation

Northwest Federal offers a comprehensive and inclusive benefits program, which includes medical, dental and vision plans for you and your family, 4 weeks paid vacation, 12 paid holidays, 24 hours of paid volunteer time, parental leave, company paid disability and life insurance, and a generous 401(k) plan with up to 7% employer match.

EEO Notice

Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.

NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org.