Senior Auditor

Job Description

JOB INFORMATION

Title:

Senior Auditor

Officer Title:

Grade:

28

FLSA Classification:

Exempt

Date Last Edited:

5/24/2024

Reports To:

Director Of Internal Audit

Department:

Internal Audit

URL Link

https://hvfcu.jdxpert.com/ShowJob.aspx?EntityID=2&jobcode=549

PRIMARY FUNCTION

Perform operational, financial and compliance audits of Credit Union operations according to the annual audit plan; and review, ensuring adequacy of internal controls, compliance to government regulations, adherence to Credit Union policies and procedures, DFS and NCUA requirements, in accordance with IIA standards. Provide consulting services to Credit Union management to add value to Credit Union operations.

•

Perform work under minimal supervision, receiving guidance from VP, Director Internal Audit.

•

Perform assigned audits/reviews according to the annual audit plan using risk-based auditing techniques to develop the objective, scope and audit program.  Ensure Credit Union operations contain adequate controls, which adhere to Credit Union policies and procedures, and applicable regulations.

•

Maintain sufficiently documented audit workpapers to evidence testing performed and support audit observations, findings, and recommendations. Maintain ongoing channels of communication with Management detailing audit progress, observations, and results of testing.  Prepare written reports to management and the Supervisory Committee which clearly presents the objectives, scope and results of each audit, as well as opportunities for management to improve operations.

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Maintain a current knowledge of Credit Union operations, government regulations, audit/accounting standards, and industry best practices.

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Maintain an understanding of automated processes employed by the department; and assist in technical instruction of staff when necessary.

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Having achieved a satisfactory level of technical and professional skill and/or knowledge in position-related areas;, demonstrate competency in Accountability, Customer Relationships and Service, Flexibility and Adaptability, Work Standards, Audit and Compliance Function, Auditing and Internal Controls.

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Attend monthly Supervisory Committee Meetings and assist in preparing the monthly meeting package, as requested.

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Provide assistance with audits performed by external parties (i.e. external audit firm, DFS, NCUA examiners), as delegated.

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In the absence of the VP, Director Internal Audit, oversee department operations; report to the Supervisory Committee;  respond to correspondence addressed to the Supervisory Committee; interface with and reply to inquiries from management.

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Answer calls coming into the Supervisory Committee phone line calls and directs/handles resulting member complaints/inquiries as needed.

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Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.

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Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.

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Responsible for regular and predictable attendance including punctuality.

Bachelor’s Degree or at least 2 years equivalent experience for each undergraduate year not completed; undergraduate degree cannot substitute for minimum number of years of experience.

Accounting, Finance, Business Administration, Management or closely related field

X

Professional certification (CPA, CIA, CBA)

X

Minimum 5 Years

Auditing experience in financial services or public accounting industry

X

Supervisory experience

X

Experience working with a Board of Directors and senior level management

X

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Maintain a high level of attention to detail and accuracy.

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Ability to work well collectively and autonomously.

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Advanced proficiency in Microsoft Office Software (Word, Excel, Outlook, PowerPoint, etc.) and TeamMate.

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Advanced verbal, written and presentation skills.

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Ability to multi-task and handle varying deadlines within a fast-paced work environment

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Possesses current knowledge of financial institution operations, accounting and industry regulations, and internal audit standards.

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Must have or acquire a complete understanding of the variety of products and services offered by the Credit Union.

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Maintains a current knowledge of internal Credit Union policies and procedures.

PHYSICAL DEMANDS

Frequency

Physical Demand

Weight (lbs.)

Frequently

Sit for prolonged periods of time

Frequently

Required to communicate verbally

Frequently

Normal range of vision and hearing abilities required

Occasionally

Lift and/or move objects

10

Occasionally

Travel outside of work location to attend meetings and training programs

Frequently

Required to skillfully operate a computer, telephone and other standard office equipment

WORK ENVIRONMENT

•

Typically the noise level in the work environment is low to moderate.

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May experience occasional job stress in dealing with difficult situations and/or high volume.

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High energy, high impact atmosphere.

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There are no significant hazardous conditions.

View Competencies

Auditing

Knowledge of organization's internal audit processes, practices and methods.

Level 3

1. Works with a variety of audit methods, tools and techniques.

2. Designs, develops and implements compliance testing criteria and tools.

3. Compares and contrasts alternative audit strategies or approaches for diverse situations.

4. Develops and presents reports on audit findings and recommendations.

5. Facilitates preparation for and execution of external audits.

6. Ensures compliance with current government and industry audit practices and requirements.

Internal Controls

Knowledge of and ability to create, implement, evaluate and enhance processes in internal controls.

Level 2

1. Participates in the testing, review and analysis of existing internal controls.

2. Completes, files and maintains forms used for internal control documentation.

3. Makes recommendations for the enhancement of certain internal controls.

4. Applies new technology-based solutions to specific internal control processes.

5. Studies and evaluates the audit trails of various operational processes.

Service Excellence

Consistently incorporates Hudson Valley's member and employee value proposition, reinforcing organizational culture and brand differentiators.

Level 1

1. Anticipates and meets the needs of both internal and external customers. Delivers high quality service and is committed to continuous improvement.

2. Consults with management on modifying business processes to enhance service delivery. Monitors own work to ensure quality and apply feedback to improve performance.

3. Integrates core values into the way work is done and how relationships are conducted.

4. Possesses knowledge of customer service concepts and techniques; ability to meet or exceed customer needs and expectations and provide excellent service in a direct or indirect manner.

5. Tailors communications based on others’ needs, motivations and agendas.

Flexibility and Adaptability

Adapts as needed; knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment.

Level 2

1. Accepts new or radical ideas with an open mind; avoids snap reactions.

2. Adjusts to new or changing assignments, processes, and people.

3. Demonstrates ability to successfully manage multiple tasks and priorities.

4. Demonstrates willingness to listen to other opinions.

5. Identifies and considers alternative approaches to situations or problems.

Work Standards

Sets high standards of performance for self and others; assumes responsibility and accountability for successfully completing assignments or tasks.

Level 2

1. Documents how results were obtained to support knowledge transfer and best practices.

2. Helps others drive tasks to completion as appropriate.

3. Holds self and others accountable for delivering on all commitments.

4. Identifies actions necessary to achieve task completion and to obtain results. Meets schedules, deadlines, and performance goals.

5. Recognizes the need for assistance and secures additional resources as needed. Escalates issues and unusual findings that could have an adverse impact on the business.

6. Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to role.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee in this position.  Additional functions and requirements may be assigned by supervisors as deemed appropriate, with or without notice.

Nothing contained in this material creates a contract of employment between an employee and Hudson Valley Credit Union or otherwise alters the at-will nature of the employment relationship.

Are you able to perform the essential functions listed in this job description with or without reasonable accommodation?  YES_______  NO_______

By signing below you certify that you have received this job description and understand the requirements, essential functions and duties of the position.  If you are currently employed in this position, your signature acknowledge that this job description accurately describes the position, including its essential functions.

Name:  _____________________________________________

Signature: _____________________________________________

Date:  _____________________________________________ 

Please also note that Hudson Valley Credit Union respects the religious beliefs and practices of employees and will, on request, reasonably accommodate its employees when a reasonable accommodation is available that does not create an undue hardship on the Credit Union’s business.  Therefore, unavailability for work due to religious observances or practices may not be a bar to employment.