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Heritage Financial Credit Union · 5 months ago

Sr. Manager of Internal Audit - Middletown, NY

Rykowski - Middletown

Full-time

Onsite

Mid, Senior Level

$105K/yr - $120K/yr

3+ years exp

Heritage Financial Credit Union is a member-owned financial institution dedicated to helping members achieve their financial goals. They are seeking a Senior Manager of Internal Audit to lead the internal audit function, ensuring compliance with regulatory requirements and fostering a culture of accountability. This role involves conducting audits, managing relationships with external audit providers, and providing insights to senior leadership.

BankingFinanceFinancial Services

Responsibilities

Lead and conduct internal audits of departments, processes, and controls with low to moderate complexity

Serve as the primary liaison between the credit union and its externally sourced internal audit service provider for high-complexity or high-resource engagements

Review and evaluate audit reports and recommendations from vendors and internal findings for quality and completeness

Monitor progress and resolution of all audit findings (external audit, internal audit, and examination) through ongoing tracking and follow-up activities

Ensure accountability with due dates and resolutions and escalate concerns quickly if barriers with certain leaders are identified and not quickly remediated

Reviews cash control procedures and monitors safeguarding of assets

Oversee the development and maintenance of the annual audit plan and risk-based audit assessment in close collaboration with the Supervisory Committee, Management and any outside audit firm

Administer the Credit Union's current audit tracking system including updates, workflows, reporting, and quality assurance

Serve as the primary point of contact during regulatory and compliance examinations from federal and state agencies (e.g., NCUA, NY-DFS)

Stay informed of changes in the regulatory and financial service landscape and where appropriate, translate those changes into audit programs which assure the organization's compliance with such regulatory requirements

Provide regular, clear, and comprehensive reports to the Supervisory Committee, including updates on audit activities, emerging risks, and audit resolution progress

Partner with the CEO and Senior Leadership to provide insights and recommendations that support business performance and control effectiveness

Where appropriate, actively participate in Senior Leadership Team meetings, contributing thought leadership on governance, risk, and controls

Serve as a peer coach and mentor across the organization, influencing and insisting on a culture of accountability, ethics, and continuous improvement

Other duties as assigned

Qualification

Internal AuditRisk ManagementRegulatory ComplianceAudit Management SoftwareCPACIACISAInternal Control FrameworksAnalytical SkillsCommunication SkillsProject ManagementTeamwork

Required

Bachelors in Accounting, Finance, Business Administration, or a related field

Minimum of 3+ years of progressive experience in internal audit, risk management, or regulatory compliance, preferably within a financial institution or credit union

Demonstrated knowledge of the International Standards on Auditing (ISA) as issued by the International Auditing and Assurance Standards Board (IAASB)

Experience applying IAASB standards within a financial institution or regulated industry

An understanding of and adherence to the Auditors code of Ethics and the Standards for the Professional Practice of Internal Auditing as developed by the Institute of Auditors

Excellent knowledge of audit management and applicable regulations and good communication skills

Strong understanding of internal control frameworks (e.g., COSO), auditing standards, and risk management practices

Familiarity with credit union regulations, NCUA and state examinations, and emerging financial industry risks

Experience with audit management software (e.g., K10 or similar platforms)

Ability to project a professional appearance and positive attitude at all times

Excellent project management, communication, and analytical skills

Experience using P.C. based banking software and Microsoft Office, etc

Ability to maintain professional boundaries that support the internal audit process

Demonstrated experience managing audit projects and leading external audit vendors

Ability to work independently and exhibit high ethical standards and discretion