Apple Federal Credit Union · 7 hours ago
VP of Internal Audit
Fairfax, VA
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expApple Federal Credit Union is a community-focused organization dedicated to improving the lives of its members. The VP of Internal Audit is responsible for overseeing internal audits, ensuring compliance with regulations, and managing audit projects to protect the credit union's assets.
BankingFinanceFinancial Services
Responsibilities
Develops and implements the annual audit plan. Ensures that audit programs include testing of compliance with laws and regulations and credit union policies and procedures
Assigns and supervises audits/projects to evaluate the design and operating effectiveness of systems and controls which protect the assets of Apple FCU. Manages audit projects to make certain the level of performance consistently meets or exceeds agreed upon expectations
Ensures audit work papers are completed and safeguarded and communicates the results to the appropriate members of management and the Supervisory Committee
Reports to the Supervisory Committee on a quarterly basis to assist in their mandate to evaluate the adequacy and effectiveness of internal control and raise the level of quality of the credit union. Also reports quarterly on the Enterprise Risk Management program to inform the committee on existing and potential risks and mitigations
Supervises the work of department staff; provides ongoing coaching and timely performance feedback, sets goals and institutes development plans, completes timely performance appraisals, takes corrective actions when appropriate, and monitors progress towards the completion of goals and development plans
Partners and consults with management by identifying opportunities to mitigate risks in major business process segments and workflows
Contributes to the growth of Apple FCU by making appropriate recommendations designed to safeguard assets and decrease the risk of loss. Improves efficiency by reviewing new functions, systems, or products being implemented in the credit union and makes appropriate recommendations for internal controls
Interfaces with NCUA Examiners and other Independent Auditors to share information concerning internal audits performed at the credit union
Remains current on new audit and investigative techniques and ideas by attending training classes and professional meetings and reading professional periodicals. Maintains professional licenses by ensuring annual CPE requirements are met
Monitors changes to applicable federal regulations and adjusts audit plans to ensure that testing incorporates all changes including but not limited to the NCUA, Federal Reserve, NACHA, HUD, Department of Treasury, GAAP, and FinCEN
Qualification
Required
Minimum eight years financial institution experience
Minimum five years supervisory experience of management level/professional staff
BA/BS in Accounting, Business, or Finance
CPA designation required
Excellent written skills
Ability to work independently and maintain confidentiality regarding audit function
Able to handle multiple tasks simultaneously and change priorities in an efficient manner
Must be PC proficient (preferable MS Office Suite)
Preferred
Minimum two years recent regulatory compliance experience is preferred
Master's degree in Accounting, Business, Finance, or related field strongly preferred
CISA designation preferred
Compliance certification is a plus
Benefits
Medical, dental and vision coverage
401(k) with employer match
Paid time off and 11 paid federal holidays
Paid volunteer time to give back
Tuition reimbursement and ongoing training opportunities
Annual TEAM Bonus plan.
Company
Apple Federal Credit Union
Apple Federal Credit Union is a banking firm that provides financial services, loans and personalized services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Andy Grimm, CPA
President/CEO
Christopher Cooper, CPA
CFO
Recent News
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