To conduct and coordinate audits of the Credit Union to assess the adequacy and effectiveness of controls, accuracy of financial records and efficiency of operations; provide documentation of the Credit Union's internal control systems; report findings, make recommendations, coordinate external audits and exams, and to provide support to the Supervisory Committee. This position reports administratively to the SVP Risk and functionally to the Supervisory Committee.

The Credit Union applies the Malcolm Baldrige framework for performance excellence. In alignment with this framework is the transparent and collaborative nature of governance, along with the philosophy of the identification of best practices and opportunities for improvement. The internal audit function will operate within this framework and will be assessed based on the quality, effectiveness, and efficiency of audits along with the identification of best practices and opportunities for improvement. 

Essential Functions & Responsibilities:

Responsible for performing and coordinating audits, developing audit procedures, and recommending enhancements to the Credit Union's overall operations. Audits and evaluates the adequacy and effectiveness of the Credit Union's systems of internal control including:

• Reviewing the reliability and integrity of financial and operating information.
• Reviewing the systems established to ensure compliance with policies, plans, procedures, laws, and regulations.
• Reviewing the means for safeguarding assets and verifying the existence of such assets.
• Reviewing and appraising the effectiveness and efficiency with which administrative procedures are performed.
• Determining whether operational results are consistent with established objectives and standards.

Performs evaluations of the Credit Union's internal controls and processes including helping with process improvement initiatives.

The Internal Auditor will help the Credit Union in its efforts to:  

• Design and execute audit plans that reflect both risk and cost-effectiveness. 
• Coordinate external audits and exams
• Provide support to the Supervisory Committee
• Suggests new or modified policies and procedures where appropriate.
• Provides reports to management and Supervisory Committee (SC) that identify control issues and makes practical, cost effective recommendations for improvement.
• Report to Supervisory Committee any issues related to safety and soundness
• Follows up on audit issues with auditees to assure that identified problems have been resolved.
• Ensures the effectiveness and quality of the internal auditing activities.
• Act as a liaison between Credit Union Management and the Supervisory Committee. 

Responsible for the following reporting:

• Audit reports are to be completed and distributed on at least a monthly basis both to management and the SC
• Audit tracking reports will be reported to the SC on a monthly basis.
• An ongoing report will be compiled showing current audit progress as compared to the annual audit plan.                                 

The Internal Auditor, with input from the SC and the Senior Leadership Team (SLT) will prepare and submit an internal audit plan before the beginning of each calendar year. The plan will include a rotating schedule of coverage based on the level of risk posed to the credit union and should include guidance from appropriate authorities such as the Credit Union's external auditor, the NCUA, CUMIS, and others.

• Helps in the coordination of activities with external auditors and/or examiners including the Credit Union's independent CPAs and the NCUA.
• Performs other job-related duties as assigned.

Salary: 

The starting salary range for this position is $63,071.09 - $73,838.86 an hour. New hires are typically brought into the organization at a rate between the range minimum and the range maximum, depending on qualifications, internal equity, and the budgeted amount for the role. 

Benefits: 

• Medical, Dental and Vision insurance. Available the first of the month following date of hire. 
• 401(k) - Traditional or Roth
• Paid Time Off
• Eleven (11) paid holidays/year
• Employer-Paid Benefits: Employee Assistance Programs (EAP), Short-Term & Long-Term disability, Basic employee Life, AD&D, Dependent basic Life, AD&D
• Other great benefits: Wellness Reimbursement Plan, Educational Reimbursement Program and Development Programs. 

Work Location: 

Midtown Branch in Santa Fe, NM

Experience: 

Five years experience auditing financial institutions preferred.

Education: 

Equivalent to a college degree (BS or BA in a relevant field). CPA may be preferred but not required. Ability to obtain an internal audit certification within a 1 to 2 year timeframe.

Interpersonal Skills: 

Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills: 

1. Solid knowledge in all areas of accounting and audit procedures and the ability to work independently; certification as a certified public accountant or a certified internal auditor preferred.
2. Must have a working knowledge of spreadsheets, word processing software and data analytics; must be able to use PC and all types of general office equipment.

Physical Requirements:

May require sitting for extended periods of time.

Work Environment: 

May require working non-traditional business hours to attend business-related meetings and training.