Navy Federal Credit Union - Winchester, VA

posted about 2 months ago

Full-time - Mid Level
Winchester, VA
Credit Intermediation and Related Activities

About the position

The Senior Internal Auditor - Professional Practices (Methodology) at Navy Federal Credit Union plays a crucial role in supporting and developing the Internal Audit strategy, which includes the formulation of Internal Audit methodology, risk assessment, and the development of work programs. This position is integral to the department's efforts to enhance process improvements, manage projects, and implement change management while adhering to industry best practices. The Internal Audit team is currently undergoing a transformational journey aimed at establishing itself as a best-in-class Audit function. The vision is to become a preferred advisor to the business by fostering trust through the consistent execution of high-quality, risk-focused audit and advisory work. The team is committed to implementing efficient processes, maximizing technology use, integrating data analytics, and investing in its most valuable asset—its people. In this role, the Senior Internal Auditor will develop and implement risk-based Internal Audit methodologies that ensure consistency in analyzing, reporting, and governing risks across the organization. The auditor will provide input and recommend enhancements to existing methodologies, policies, and procedures while developing expertise in various business units to proactively identify key risks. The position also involves designing and supporting the development of dashboards, scorecards, and reports that utilize appropriate metrics to assist the executive team in monitoring the Internal Audit Quality Assurance and Improvement Program (QAIP). Additionally, the auditor will identify opportunities to leverage data analytics for deeper risk coverage and insights, contribute to the annual Internal Audit Risk Assessment and Work Program process, and represent Internal Audit in various forums and committees. The Senior Internal Auditor will also integrate change management principles into all methodology and process enhancements, stay updated on compliance with applicable laws and regulations, and maintain awareness of industry best practices for risk management and internal audit. This role requires a collaborative approach, actively working across the team and communicating knowledge and processes to enhance departmental knowledge during staff meetings. The auditor will also prepare training sessions and perform other duties as assigned, contributing to a culture of collaboration and continuous improvement within the Internal Audit team.

Responsibilities

  • Develop and implement risk-based Internal Audit methodologies to drive consistency in analyzing, reporting, and governing risks across the Three Lines.
  • Provide input and recommend enhancements to Internal Audit methodology, policies, and procedures.
  • Develop expertise in the various business units within Navy Federal and proactively identify key risks impacting the business.
  • Design and support the development of dashboards, scorecards, and reports using appropriate metrics to support the executive team in monitoring the Internal Audit Quality Assurance and Improvement Program (QAIP).
  • Identify opportunities to leverage data analytics to drive deeper risk coverage and insights to Internal Audit and business partners.
  • Contribute to the annual Internal Audit Risk Assessment and Work Program process.
  • Represent Internal Audit on various forums and committees.
  • Integrate change management principles into all methodology and process enhancements.
  • Stay abreast of and support compliance with applicable federal, state and industry laws, regulations, and guidelines.
  • Maintain awareness of industry best practices for risk management and internal audit and develop recommendations and strategies for incorporation into Navy Federal's Internal Audit methodology.
  • Contribute to a culture of collaboration by actively working across the team, communicating knowledge and processes to other team members.
  • Prepare trainings to enhance department knowledge during staff meetings.
  • Perform other duties as assigned.

Requirements

  • Minimum three years of experience in internal audit.
  • Advanced knowledge of audit methodologies, risk-based auditing, internal control testing, risk assessment execution and audit documentation best practices.
  • Knowledge of regulatory guidance, IIA Standards, IIA Practice Advisories and Practice Guides.
  • Experience using a GRC system, such as AuditBoard.
  • Advanced interpersonal and communication skills, including experience working with all levels of staff, management, stakeholders, and vendors.
  • Experience in collaborating across organizational boundaries and building partnerships across various functions.
  • Experience in presenting findings, conclusions, alternatives, and information clearly and concisely.
  • Advanced skill to influence, negotiate & persuade to reach agreeable exchange & positive outcomes.
  • Advanced organizational, planning and time management skills.
  • Advanced word processing and spreadsheet software skills.
  • Advanced critical thinking, analytical, and problem-solving skills.
  • Bachelor's degree or the equivalent combination of experience, education, and training.

Nice-to-haves

  • Certified Internal Auditor (CIA), Certified Public Accountant (CPA) and/or Certified Information Systems Auditor (CISA) highly desired.
  • Experience with credit union financials and/or regulations.
  • Working Knowledge of NFCU products, services, programs, policies, and procedures.
  • Advanced skill in managing multiple priorities independently and/or in a team environment to achieve goals.

Benefits

  • Highly competitive pay
  • Generous benefits and perks
  • Recognition as one of the Best Companies for Latinos to Work for 2024
  • Ranked in Computerworld® Best Places to Work in IT
  • Listed in Forbes® 2024 America's Best Large Employers
  • Recognized in Forbes® 2023 The Best Employers for New Grads
  • Included in Fortune Best Workplaces for Millennials™ 2023
  • Ranked in Fortune Best Workplaces for Women ™ 2023
  • Listed in Fortune 100 Best Companies to Work For® 2024
  • Recognized by Military Times 2023 Best for Vets Employers
  • Awarded Newsweek Most Loved Workplaces
  • Received Ripplematch Campus Forward Award - Excellence in Early Career Hiring
  • Ranked in Yello and WayUp Top 100 Internship Programs
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