Staff Auditor I/II

Job Description:

PRIMARY FUNCTION:

Assists the Internal Audit Department in completing audit projects by performing financial and operational audits to assure that internal controls and procedures are in place to mitigate risks and comply with regulatory requirements and VACU's policies. This is the entry level positon of the Staff Auditor series.

JOB DUTIES AND RESPONSIBILITIES:

• Assists in the preparation and/or review of various statistical and exception reports, including those utilizing audit software

• Participates on audits, including identifying audit objectives, designing and performing audit procedures, documenting and/or flowcharting audit processes, reviewing and analyzing evidence, and documenting findings

• Provides input during the annual risk assessment by analyzing processes and impact of internal controls to identify areas of significant risk/exposure to the Credit Union.

• Develops verbal and written communication and performs appropriate audit techniques to gather information.

• Assists in evaluating opportunities for operational efficiency.

• Documents audit findings, and creates audit work papers that support procedures performed and conclusions drawn.

• Performs assigned audit procedures under general supervision and takes initiative to identify and start tasks that need to be done.

• Develops an understanding of Generally Accepted Accounting Principals and International Standards for the Professional Practice of Internal Auditing to determine compliance with policies & procedures and evaluate the effectiveness of internal controls.

• Learns to become proficient in using audit software and various credit union systems.

• Maintains productivity by carrying out all aspects of assigned audits or projects in the most efficient manner to satisfy audit objectives and complete projects within established budgeted hours.

• Attends internal and/or external training classes and seminars to stay abreast of issues affecting the internal audit function and financial services industry.

• Maintains a good working relationship with employees at all levels.

• Keeps all Credit Union transactions and other information obtained through audit procedures in strict confidence.

• Maintain sufficient knowledge of BSA and OFAC regulations to support credit union policy and procedure. Complete all required training.

• Performs other duties as assigned by the EVP/CAE or Internal Audit Director. .

JOB QUALIFICATIONS:

Knowledge:

• Minimum of one year of audit experience is preferred.
• Prior experience working with a financial institution is also preferred.
• Strong computer skills are required, including proficiency in Microsoft Office suite of software.

Skills:

• Good judgment; analytical; excellent communication and listening skills; detail oriented and well organized; ability to multi-task; desire to learn and succeed; ability to work both within a team and independently; flexible; high degree of integrity and respect for confidentiality and privacy of information.

Abilities:

• Must have transportation to all VACU locations.

Minimum Education and Experience:

• Minimum one year of auditing experience preferred.
• Public accounting experience preferred.
• Bachelor's degree with concentration in accounting or finance is preferred or an equivalent combination of education and relevant work experience.
• CPA, CIA, CISA, CFSA or other relevant certification is preferred.
• An understanding of generally accepted accounting principles and/or internal auditing standards is preferred.

Physical Requirements

• This job requires the ability to sit and stand for long periods of time and infrequent lifting or carrying of objects up to 10 pounds.