Audit Manager

Overview

Overview The Audit Manager is responsible for performing and supervising complex individual audit projects, as part of the total internal audit plan. Internal Audit’s mission is to enhance and protect Northwest Federal’s value through the development and execution of risk-based plans that evaluate operations and controls throughout the organization. The Audit Manager bears primary responsibility for assisting the VP of Internal Audit by managing audit coverage of assigned auditable units of the Credit Union.

The manager assists the VP of Internal Audit with the development of audit policies, procedures, guidelines, standards and programs. The manager recommends and implements improvements in the audit process and suggests new areas of potential involvement to the VP of Internal Audit. The manager submits periodic reports to the VP of Internal Audit on the audit activities under his/her responsibility;

conducts ongoing reviews of all work performed under his/her direction and provides guidance and support to the professional staff on audit techniques. The manager may perform projects of a more than normal complexity and sensitivity based on need.

• Prepare audit programs prior to the commencement of an audit to help ensure that the engagement will be carried out in accordance with established procedures and adequate audit coverage will be provided.
• Conduct and facilitate interviews of responsible management and staff as needed to gain an overall understanding of systems, processes, procedures, reports and transactions and to examine specific issues or areas.
• Coordinate the work of auditors or perform as the sole assigned auditor to complete the audit engagement.
• Prepare audit reports and work papers to ensure that the work performed is properly documented, all audit objectives have been achieved, findings are adequately supported and recommendations to improve internal controls are reasonable.
• Participate in exit conferences with management personnel to discuss issues and recommendations.
• Initiate follow-up actions and review responses to audit reports, including reports prepared by subject matter experts, external auditors, and regulatory authorities, to ensure that appropriate consideration is given to recommendations and corrective actions are being taken when required.
• Participate, in a consulting capacity, in the establishment or revision of internal control procedures to ensure adequate protection of Credit Union assets.
• Perform and/or assist with assurance and monitoring activities, including but not limited to complaints investigation, facilitating external and regulatory examinations, and Request for Proposal (RFP) processes.
• Make oral presentations, as may be required, to Credit Union management and/or Supervisory Committee on the results of audits or internal investigations, or to explain recommendations to improve internal controls.
• Assist the VP of Internal Audit in developing improved audit techniques and furnish uniform direction to the professional staff.
• Assist the VP of Internal Audit in the preparation of the annual Audit Plan and goal setting.
• Manage and monitor budgeted hours to verify audits are completed efficiently and within prescribed deadlines.
• Perform duties as delegated by the VP of Internal Audit in their absence to ensure continuity and direction for the Internal Audit Department.
• Adhere to Bank Secrecy Act (BSA) regulations, Internal Audit and all related Credit Union policies and procedures.

• Bachelor’s degree in accounting, business, or management information systems
• Minimum 6 years’ experience in auditing, accounting or a related field
• Outstanding leadership skills
• Excellent interpersonal and organizational skills
• Good analytical ability and judgment
• The ability to communicate effectively in written reports
• A thorough knowledge of auditing practices and accounting, information systems and/or regulatory matters as appropriate to the situation
• The ability to make oral presentations, as may be required, on the results of audit activities
• The ability to successfully plan, direct, manage and complete audits of a sensitive nature
• The ability…