Internal Auditor

Position Summary

The Internal Auditor provides independent, objective assurance and advisory services designed to add value and improve Winsouth Credit Union's operations. This role evaluates the adequacy and effectiveness of internal controls, risk management practices, and compliance with applicable laws, regulations, and internal policies. The Internal Auditor supports the Supervisory Committee by ensuring the credit union's safety and soundness and safeguarding member assets.

• Develop and maintain a risk-based annual audit plan appropriate for a $450 million asset credit union, subject to Supervisory Committee approval
• Perform independent audits of financial, operational, compliance, and lending functions
• Evaluate internal controls to ensure protection of assets, accuracy of records, and operational efficiency
• Assess compliance with NCUA regulations, state regulations, BSA/AML requirements, and Winsouth policies and procedures
• Conduct audits of key credit union functions, including but not limited to:
  • Lending and collections
  • Deposits and member accounts
  • ACH, wires, and electronic payments
  • BSA/AML and OFAC
  • Accounting Functions
  • Vendor management and third-party risk
• Identify control weaknesses, process gaps, and potential risks; recommend practical corrective actions
• Prepare formal written audit reports with findings, risk ratings, and management recommendations
• Present audit results and status updates to management and the Supervisory Committee
• Track management responses and follow up to ensure timely resolution of audit findings
• Coordinate with external auditors, examiners, and regulators, including preparation for NCUA examinations
• Maintain complete and accurate audit documentation and work papers in accordance with professional standards
• Stay current on regulatory changes, fraud trends, and emerging risks affecting credit unions
• Assist with fraud investigations, special audits, and member complaint reviews as requested
• Provide advisory input on new products, services, systems, or process changes
• Promote a culture of compliance, accountability, and continuous improvement across Winsouth

• Minimum of 2 years of internal audit, compliance, risk management, or financial institution management experience.
• Credit union or banking experience strongly preferred

• Strong working knowledge of credit union operations and NCUA regulations
• Understanding of internal control frameworks and auditing standards
• Ability to work independently with a high degree of integrity, objectivity, and confidentiality
• Strong analytical, investigative, and problem-solving skills
• Excellent written and verbal communication skills, including board-level reporting

Salary: $60,000 - $65,000 per year