Manager - Internal Audit Lending

Position Summary

The Internal Audit Manager (IAM) – Primarily focuses on audits of Lending, Compliance and/or Risk Management. The IAM executes and oversees the internal audit strategy related to the specified areas. The IAM completes audits of risk management activities across the organization and provides coverage of consumer, mortgage and commercial lending, enterprise risk management, loan portfolio analysis, security and fraud, vendor management, legal, disaster recovery, BSA/AML, general compliance, quality control and security investigations of first and second line of defense risk processes. The IAM also identifies/monitors emerging risk and partners with business leaders to balance business strategy with appropriate risk management controls.

Essential Duties and Responsibilities

• Responsible for auditing full life cycle of various risk management, compliance and other lending, retail, and corporate functions.
• Performs and leads audit engagement planning, execution, and reporting activities.
• Identifies audit scope, staffing requirements, timelines, and budget.
• Develops audit procedures, test schedules, and programs for achieving audit objectives.
• Identify opportunities to utilize data analytics techniques, where appropriate.
• Manage performance of audit assignments to ensure project is performed in accordance with departmental standards.
• Establish direction for audits and provide critical review and feedback on staff's work.
• Edit reports prepared by other auditors.
• Communicate audit results to senior team members and business line management.
• Manage development, design, and execution of a continuous audit program for risk management operations and ensure the results are used in audit planning.
• Ensure continuous audit program is carried out effectively and efficiently and maintained current.
• Keep abreast of current economic developments, emerging credit risk, applicable regulations and regulatory changes impacting credit union organizations, credit rating requirements, problem loan practices and maintain extensive knowledge of risk, process, and controls relevant to credit risk management.
• Maintain consistent interaction with business unit and applicable management to ensure existing and emerging business risks and significant issues are communicated in a timely and proactive basis.
• Partners with business leaders to provide advice, insight, and consult on key risk management initiatives, projects, programs, and mergers.
• Assists in development of the institution’s annual audit plan.
• Performs audit work, including preparation of workpapers, findings, and associated reports.
• Prepare comprehensive audit reports with a focus on providing insightful and value-added recommendations to all stakeholders.
• Partners with management to remediate internal control weaknesses and process inefficiencies identified through audit engagements.
• Works with managers to coordinate responses and develop corrective action plans as necessary.
• Coincides with analysis of various risk management monitoring reports.
• Oversees the follow up on exceptions and red flags identified in monitoring activities.
• Participates in development, implementation, and maintenance of internal audit policies, procedures, and objectives.
• Develops or implements projects and programs to assist in accomplishing departmental goals.
• Provides direct and specific leadership, coaching, guidance, and supervision to the internal audit team.
• Trains audit staff, as needed.
• Assists and coordinates activities with third party auditors and examiners.
• Performs other duties as assigned.

Minimum Qualifications

• Education: Bachelor’s degree in accounting, finance or related field or equivalent education and work experience required.
• Licensure: Certified Risk Management Professional (CRMP), Certified Credit Risk Manager (CCRP), Risk Management Professional (RMP) or Professional Risk Manager (PRM) and/or other relevant professional certification, such as CIA and CPA, is preferred.
• Experience: Minimum of five years of experience leading and/or executing lending and second line of defense functions or audit engagements for complex operational and regulatory environment is required. Experience at a financial institution, accounting firm, or related industry preferred.
• Knowledge, Skills, and Abilities: Demonstrated depth and breadth of knowledge and understanding across multiple risk management programs – operational, fraud, credit, compliance, and/or information technology. Possess understanding of Enterprise Risk Management. Ability to make effective decisions and draw sound conclusions. Ability to independently address complex issues with business line and successfully negotiate as required. Possess understanding of internal control concepts, enterprise risk management, and regulatory requirements. Ability to implement internal audit procedures, assess the validity of existing policies and procedures, and recommend sound alternatives. Ability to supervise and train employees, which includes organizing, prioritizing, and scheduling work assignments. Ability to be organized and prioritize multiple tasks and assignments to meet deadlines. Possess good written and oral communication skills and demonstrate these skills during the audit process. Knowledge of internal auditing standards. Ability to motivate others and promote teamwork. Be a self-starter and perform actions to promote the strategic vision of the organization and the audit department.

Hybrid General

On average, at least 3 days per week on-site at a designated TDECU office location, more or less depending on business needs.