Overview The Internal Auditor is responsible for executing assigned audit procedures and supporting engagement planning, along with the Internal Auditor and Internal Audit Manager for audit engagements to evaluate the effectiveness of risk management, control, and governance processes within the financial institution. This role involves assessing financial and operational controls, ensuring compliance with regulatory requirements, and providing actionable recommendations to enhance organizational efficiency and mitigate risks. The Internal Auditor collaborates with cross-functional teams and reports findings to senior management.
Responsibilities- Conduct assigned portions of risk-based audits under guidance from Sr. Auditor or Manager for.risk-based audits of financial, operational, and compliance processes, including loan operations, deposit activities, fraud, anti-money laundering (AML), and regulatory compliance.
- Evaluate the adequacy and effectiveness of internal controls, policies, and procedures to identify areas of risk or non-compliance.
- Assist in preparing audit programs and perform testing using approved methodologies , ensuring alignment with industry standards (e.g., IIA, COSO).
- Perform data analysis and review financial records to identify discrepancies, fraud risks, or inefficiencies.
- Document testing results, draft findings, and assist with audit reports; communicate results to the audit lead and relevant management.
- Monitor and follow up on the implementation of audit recommendations to ensure corrective actions are taken.
- Stay current on regulatory changes, industry trends, and emerging risks (e.g., cybersecurity, ESG compliance) to inform audit strategies.
Qualifications- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Advanced degree or relevant certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) or equivalent is strongly preferred.
- 2+ years of experience in internal audit, preferably within a financial institution or regulated industry.
- Knowledge of Credit Union regulations (e.g., FDIC, NCUA, CFPB), financial reporting standards (GAAP/IFRS), and risk management frameworks.
- Knowledge of GRC software (e.g., TeamMate+, AuditBoard, Quantivate, Diligent), data analytics tools, and Microsoft Office Suite.
- Working knowledge of Microsoft Office including PowerPoint, Excel, Outlook, etc.
Target Base Pay$86,339-$101,566
Compensation at PatelcoPlease note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a Short-Term Incentive (STI) program for all regular positions and a wide range of medical, dental, vision, financial, and other benefits.
We OfferPhysical Health:
- Exceptional Medical, Dental, Vision, and Life Insurance benefits
- Onsite fitness center at HQ and rewards for completing wellness related activities
Financial Health:
- Competitive compensation packages with bonus opportunity
- 401(k) with 3% Safe Harbor and 5% employer match
- Discounts on loan products
Emotional Health:
- Employee Assistance Program (EAP)
- PTO for part-time and full-time positions
Personal Development:
- On-the-job training and skills development
- Internal transfer opportunities for career growth
- Volunteer work
Flexible work arrangements available for specific positions
