Internal Audit Manager

ADP, Inc.; Indianapolis (IN); Hybrid; USD 70,000 - 105,000; Full time

Benefits offered by this job

Bonus compensation

Job summary

Elements Financial in Indianapolis, IN is seeking an Internal Audit Manager to oversee internal and co-sourced audits and NCUA examinations. The role blends on-site responsibilities with tasks that can be completed remotely, forming a hybrid work model.

The position requires 3 years of audit experience in financial services, solid regulatory knowledge, and strong analytical and communication skills. You will report to the Supervisory Committee and collaborate across departments to enhance

Qualifications

• 3 years of audit experience in the financial services industry or 3 years of experience in the financial services industry and 3 years audit experience.
• Familiarity with financial institution regulatory requirements and operations.
• Proficiency in math, spreadsheet, word processing and report writing.
• Ability to work autonomously, collaboratively, and meet deadlines.
• Excellent analytical and communication skills required.
• Proficient in Generally Accepted Accounting Principles and Auditing Standards.
• High degree of accuracy and attention to detail.
• High level computer proficiency with strong working knowledge of Microsoft Office products and similar applications.
• Strong collaboration and communication skills.
• A proven track record of integrity with a demonstrated ability to build trust.
• Role includes onsite responsibilities.

Responsibilities

• Conduct and/or review internal audits.
• Conduct and/or review compliance testing.
• Conduct and/or review new loan review.
• Manage and present audit and compliance reports to the Supervisory Committee.
• Maintain in-depth knowledge of applicable accounting principles, regulatory compliance and NCUA rules and regulations.
• Provides reporting to the Elements Enterprise risk Committee on audit results and audit progress.
• Maintain in-depth knowledge of Elements’ products and services.
• Coordinate scheduling and communication between external audit and review firms and business department leaders such as for information technology and financial statement audits within the credit union.
• Gather documents, reports, and information from lines of business as requested by auditors and consultants. Lead scheduling and communication between external audit and review firms and business department leaders within the credit union as part of any applicable co-sourced arrangement.
• Coordinate NCUA examinations and external audits such as the FHLBI Collateral Audit.
• Obtain management responses to exam and audit findings, ensure they are relevant, and monitor corrective action of all related compliance deficiencies or violations to ensure that all resolutions are completed timely.
• Investigate and collaborate with business department leaders to arrive at an appropriate resolution, and respond to NCUA member complaints and other complaints addressed to the Supervisory Committee.
• Log all complaints not managed in Salesforce and collaborate with compliance personnel to identify trends.
• Performs all other duties as assigned.
• Lead discussions with external audit and review firms to develop and execute the annual audit plan to assess the integrity of Elements’ financial accounting, internal controls, policies and procedures for safeguarding assets. Report the results to management and the Supervisory Committee.
• Collaborate with compliance personnel and external audit and review firms to develop and execute the compliance consulting annual plan to assess the regulatory compliance posture of Elements’ products, policies, procedures and required reporting. Report the results to management and the Supervisory Committee.
• Collaborate with compliance and risk personnel and external audit and review firms to complete the annual risk assessment to ensure the compliance consulting and audit plans properly reflect the risk presented to the credit union.
• Collaborate with and direct Data & Analytics staff to identify and develop reports to assist with the audit and review process.
• Collaborate with lines of business to develop meaningful internal controls.
• Continue to develop knowledge of industry practices, products and professional growth.
• Collaborate with internal audit peer groups to ensure Elements and the audit team are aware of industry trends.
• Participate in appropriate learning opportunities to maintain expertise.

Skills

Audit experience

Regulatory knowledge

Analytical skills

Communication skills

Microsoft Office

Attention to detail

Team collaboration

Tools

Microsoft Excel

Microsoft Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Internal Audit Manager

Compliance & Risk Management Indianapolis, IN, US

2 days ago Requisition ID: 1101

Salary Range: $69,935.00 To $104,903.00 Annually

This is an exciting opportunity to join our high-growth Audit Compliance & Risk Management team; but first, here is a little bit about Elements Financial:

Today we serve the employees of 150+ organizations around the U.S. We currently rank among the top 3% of credit unions nationally with 100,000+ members. We have the resources, staff, and expertise to support our members with unparalleled service and leading-edge technology.

Now let's get into this exciting role!

This is a hybrid role that requires some on-site work (inside our Indianapolis, Indiana office). In addition to the on-site duties, there are additional responsibilities that can be completed outside of the office, resulting in this being a hybrid role.

Elements Financialis a Best Place to Work because our employees are empowered to Be the Expert, Live the Purpose, and Grow the Business. Our Purpose is to Empower Members to Achieve Financial Success . The Internal Audit Manager is responsible for managing internal and external co-sourced audit arrangements and NCUA examinations, as well as conducting internal audits.

You will learn how to be the expert to best serve our members:

• Conduct and/or review internal audits.
• Conduct and/or review compliance testing.
• Conduct and/or review new loan review.
• Manage and present audit and compliance reports to the Supervisory Committee.
• Maintain in-depth knowledge of applicable accounting principles, regulatory compliance and NCUA rules and regulations.
• Provides reporting to the Elements Enterprise risk Committee on audit results and audit progress.
• Maintain in-depth knowledge of Elements’ products and services.

You will make a difference as you live out our purpose:

• Coordinate scheduling and communication between external audit and review firms and business department leaders such as for information technology and financial statement audits within the credit union.
• Gather documents, reports, and information from lines of business as requested by auditors and consultants. Lead scheduling and communication between external audit and review firms and business department leaders within the credit union as part of any applicable co-sourced arrangement.
• Coordinate NCUA examinations and external audits such as the FHLBI Collateral Audit.
• Obtain management responses to exam and audit findings, ensure they are relevant, and monitor corrective action of all related compliance deficiencies or violations to ensure that all resolutions are completed timely.
• Investigate and collaborate with business department leaders to arrive at an appropriate resolution, and respond to NCUA member complaints and other complaints addressed to the Supervisory Committee.
• Log all complaints not managed in Salesforce and collaborate with compliance personnel to identify trends.
• Performs all other duties as assigned.

You will help grow the business:

• Lead discussions with external audit and review firms to develop and execute the annual audit plan to assess the integrity of Elements’ financial accounting, internal controls, policies and procedures for safeguarding assets. Report the results to management and the Supervisory Committee.
• Collaborate with compliance personnel and external audit and review firms to develop and execute the compliance consulting annual plan to assess the regulatory compliance posture of Elements’ products, policies, procedures and required reporting. Report the results to management and the Supervisory Committee.
• Collaborate with compliance and risk personnel and external audit and review firms to complete the annual risk assessment to ensure the compliance consulting and audit plans properly reflect the risk presented to the credit union.
• Collaborate with and direct Data & Analytics staff to identify and develop reports to assist with the audit and review process.
• Collaborate with lines of business to develop meaningful internal controls.

You will continue to grow professionally:

• Continue to develop knowledge of industry practices, products and professional growth.
• Collaborate with internal audit peer groups to ensure Elements and the audit team are aware of industry trends.
• Participate in appropriate learning opportunities to maintain expertise.
• 3 years of audit experience in the financial services industry, or 3 years of experience in the financial services industry and 3 years audit experience.
• Familiarity with financial institution regulatory requirements and operations.
• Proficiency in math, spreadsheet, word processing and report writing.
• Ability to work autonomously, collaboratively, and meet deadlines.
• Excellent analytical and communication skills required.
• Proficient in Generally Accepted Accounting Principles and Auditing Standards.
• High degree of accuracy and attention to detail.
• High level computer proficiency with strong working knowledge of Microsoft Office products and similar applications.
• Strong collaboration and communication skills.
• Ability to leverage skills, knowledge, and experience to invest in our community.
• Ability to foster an inclusive environment that promotes belonging.
• A focus on respect and excellent service to both external and internal (team) members.
• A proven track record of integrity with a demonstrated ability to build trust.
• Role includes onsite responsibilities.

Additional bonus compensation is earned in this role.