Sr Internal Auditor Business Process

About the role

Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Since 1936, Patelco has grown from $500 in assets to over $9 billion in assets and is the 7th largest credit union in California with branches throughout Northern California. We are here for our members throughout all their stages of life, offering products and services to help them plan purposefully for their futures and secure our life-long partnership as their trusted financial advocate.

As one team, we are committed to delivering service, empowering financial literacy, creating products, and providing new technology for our members. We believe that work should be rewarding, challenging, and enjoyable, and we’re dedicated to creating a positive and supportive culture where our team members can thrive.

Responsibilities

• Plan and conduct risk-based audits of financial, operational, and compliance processes, including loan operations, deposit activities, fraud, anti-money laundering (AML), and regulatory compliance.
• Evaluate the adequacy and effectiveness of internal controls, policies, and procedures to identify areas of risk or non-compliance.
• Prepare detailed audit programs, including scope, objectives, and testing methodologies, ensuring alignment with industry standards (e.g., IIA, COSO).
• Perform data analysis and review financial records to identify discrepancies, fraud risks, or inefficiencies.
• Document audit findings, draft comprehensive reports, and present recommendations to management and the Audit Committee.
• Monitor and follow up on the implementation of audit recommendations to ensure corrective actions are taken.
• Stay current on regulatory changes, industry trends, and emerging risks (e.g., cybersecurity, ESG compliance) to inform audit strategies.
• Collaborate with external auditors and regulators during examinations or audits, as needed.
• Contribute to the development of the annual audit plan based on risk assessments and organizational priorities.
• Understand and comply with all applicable federal and state laws and banking regulations (including those related to OFAC and Bank Secrecy Act / Anti-Money Laundering compliance) and Patelco Credit Union's policies and procedures.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Advanced degree or relevant certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) or equivalent is strongly preferred.
• 3+ years of experience in internal audit, preferably within a financial institution or regulated industry.
• Strong knowledge of banking regulations (e.g., FDIC, NCUA, CFPB), financial reporting standards (GAAP/IFRS), and risk management frameworks.
• Knowledge of GRC software (e.g., TeamMate+, AuditBoard, Quantivate, Diligent), data analytics tools, and Microsoft Office Suite. Experience with data analytics tools (e.g., Power BI, Tableau) is highly desirable.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong written and verbal communication skills, with the ability to present complex information clearly to senior stakeholders.
• Proven ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
• High ethical standards and a commitment to maintaining confidentiality.

Pay

Target base pay: $131,259 per year. Please note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer.

Benefits

• Physical Health: Exceptional medical, dental, vision, and life insurance benefits. Onsite fitness center at HQ and rewards for completing wellness-related activities.
• Financial Health: Competitive compensation packages with bonus opportunity through a Short-Term Incentive (STI) program. 401(k) with 3% Safe Harbor and 5% employer match. Discounts on loan products. Tuition reimbursement.
• Emotional Health: Employee Assistance Program (EAP). Paid time off (PTO) for part-time and full-time positions. Paid holidays.
• Personal Development: On-the-job training and skills development. Internal transfer opportunities for career growth. Volunteer work. Flexible work arrangements available for specific positions.