Internal Auditor

Langley Federal Credit Union Inc.; Newport News (VA); Hybrid; USD 34,000 - 42,000; Full time

Job summary

Langley Federal Credit Union in Newport News, VA, is seeking a Full-Time Internal Auditor to perform risk-based internal audits and support regulatory examinations. The role is hybrid, based at our City Center office, with responsibilities spanning planning, testing, documentation, and coordination of external audits.

The ideal candidate has an Associate’s degree in accounting/finance or related field, at least one year of audit experience, and progress toward CIA or related designation.

Qualifications

• Associate's degree in accounting, finance, business, MIS, or related field required.
• At least one year of internal or external audit, regulatory examination, or financial institution risk experience required.
• Progress toward CIA or other audit designation preferred.

Responsibilities

• Executes risk-based internal audits and testing procedures.
• Prepares audit workpapers that meet documentation standards.
• Identifies control deficiencies, evaluates risk, drafts findings with condition, cause, effect, and recommendation.
• Discusses preliminary observations with process owners to validate facts.
• Performs validation testing on management action plans and recommends closure when evidence supports it.
• Applies regulatory guidance (NCUA regulations, FFIEC handbooks, Nacha rules, consumer compliance).
• Maintains audit records in the management platform and coordinates document requests.
• Maintains the audit calendar and supports risk assessment processes.

Skills

Audit planning

Test procedures

Documentation

Data analysis

Regulatory compliance

Education

Associate's degree in accounting, finance, business, MIS, or related field

Tools

Audit management platform

Job description

City Center
721 Lakefront Commons
Newport News, VA 23606, USA

Description

Imagine being part of a company where your growth is valued and your journey is supported. Imagine yourself at Langley Federal Credit Union, where we're dedicated to shaping a meaningful path together. You belong at Langley.

Langley Federal Credit Union is one of the 100 largest credit unions in the United States, with over $5B in assets and over 400,000members. We are constantly growing and have recently expanded to neighboring states and other parts of Virginia.

Langley is committed to being the best place you will ever work, and it all begins with our comprehensive employee benefits package, which includes affordable medical, dental, and vision plans in addition to:

Investing in You:

• Educational Assistance, encompassing books, lab fees, registration costs, and more.
• Support for Student Loan Repayment.
• Abundant Career Growth Opportunities.

Time Off That Matters:

• Generous Paid Vacation that starts accumulating from day one, progressively increasing with every five years of service, up to a maximum cap.
• Celebrate 13 Paid Holidays, including your birthday and the day following Thanksgiving; enjoy Floating Holidays too!
• Paid Sick Time for all team members.
• Highly competitive 401K plan featuring a 6% company match, with immediate vesting with a ROTH IRA option.
• Company-covered short- and long-term disability insurance.
• Complimentary Life Insurance and the choice of additional Voluntary Life Insurance.
• Flexible Health Care and Dependent Care benefits.

Langley Federal Credit Union is currently hiring for a Full Time Internal Auditorto work a hybrid schedule from our Newport News, City Center office.

Job Summary:

Performs risk-based internal audits that evaluate the design and operating effectiveness of Langley's governance, risk management, and internal control processes. Executes assigned audit procedures from planning and control walkthrough through testing, to evidence documentation, and drafting of findings, in conformance with the Global Internal Audit Standards and Langley's audit methodology. Supports the coordination of external audits and regulatory examinations and performs validation testing to confirm that management has remediated open issues.

Essential Functions, Duties, and Responsibilities:

• Executes assigned segments of risk-based internal audits, including gathering planning information, documenting process flows and controls, performing walkthroughs, designing and executing test procedures, and evaluating results against control objectives.
• Prepares audit workpapers that meet Langley's documentation standards, so that an independent reviewer can retrace the work performed, the evidence obtained, and the basis for the conclusion without further explanation.
• Identifies control deficiencies, evaluates the risk and potential exposure each represents, and drafts findings that separate design failure from operating failure and state the condition, cause, effect, and recommendation.
• Discusses preliminary observations with process owners to validate facts and obtain management's explanation before findings are escalated.
• Performs validation testing on management action plans and recommends closure only when evidence supports that the control is operating.
• Applies applicable regulatory guidance to audit scope and testing, including NCUA regulations, FFIEC examination handbooks, Nacha operating rules, and consumer compliance regulations relevant to the area under audit.
• Applies data analysis techniques to audit testing, using full population analysis in place of sampling where the data supports it, and documents the completeness and accuracy of data used as audit evidence.
• Maintains engagement records in the audit management platform, including time budgets, procedure status, evidence, and issue tracking.
• Coordinates the collection of documents requested by internal audit, external auditors, and regulatory examiners, tracking requests against deadlines and escalating delays, suspected fraud, significant control failures, or unusual activity to Internal Audit leadership.
• Maintains the audit calendar and supports the annual and interim risk assessment process.

Qualifications:

• Associate's degree in accounting, finance, business, management information systems, or a related field is required, or an equivalent combination of education and directly relevant audit experience.
• At least one year of internal audit, external audit, regulatory examination, or financial institution risk and control experience is required. Experience within a financial institution is preferred.
• Progress toward the Certified Internal Auditor or other audit-related designation is preferred.

Targeted Pay Range - $24.33 - $30.63 based on qualifications and experience

Our Keys to Success:

• Service Champion – Adopts a service orientation, building trusting relationships and delivering value for associates, members, and communities.
• Langley Ambassadors – Demonstrates a passion for Langley’s vision, encouraging diversity, equity, and inclusion while considering Langley’s values when making decisions and taking accountability for delivering results.
• Agile in Action – Adapts to changes in the business, demonstrating innovation to improve Langley and advance the business into the future.
• Team Driven – Collaborates across Langley, communicating with transparency and prioritizing a team-based approach that delivers optimal outcomes for associates, members, and communities.
• Continuous Learners – Maintains an understanding of Langley’s business and how value is delivered to members and actively pursues opportunities to grow oneself and strengthen the organization.

Physical Requirements:

An employee must meet the physical demands described here to successfully perform this position's essential functions, duties, and responsibilities. While performing the duties of this Job, the employee is frequently required to sit, use hands and fingers, and talk and hear. The employee is occasionally required to stand and walk. Specific vision requirements for the job include close vision (at 20 inches or less) and color vision.

Working Conditions:

The work environment characteristics described here represent those an employee will encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Work will be performed in an indoor, climate-controlled environment with quiet to moderate noise.

Langley is an equal opportunity employer, and reasonable accommodations will be made for qualified individuals with disabilities to perform the essential functions of the job.

This job description is not designed to cover or contain a comprehensive listing of functions, duties, or responsibilities that are required of the employee. Functions, duties, and responsibilities may change, or new ones may be assigned at any time, with or without notice.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.