What are the responsibilities and job description for the Staff Auditor position at COASTAL1 CREDIT UNION?
Coastal1 Credit Union is seeking to hire a Staff Auditor in our Internal Audit department! Our Staff Auditors conduct and assist in providing independent and objective reviews of financial and operational business activities in conformance with established Credit Union policies, procedures, and applicable federal and state regulations, assess risks, evaluate internal controls, prepare recommendations for improvement.
This is an on-site role.
Founded in 1928 and based in Pawtucket, Coastal1 Credit Union is a growing, member-focused organization serving over 130,000 members. Today, Coastal1 has 19 branches throughout RI and MA, including Bristol, Cranston (2), Cumberland, East Greenwich, East Providence (2), Johnston, North Kingstown, North Providence, Pawtucket (3), Providence, Smithfield, Wakefield, Warwick (2), and North Attleboro, MA.
Duties and Responsibilities
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Maintain complete impartiality while conducting various reviews within the credit union, assess compliance with Coastal1 objectives, policies, procedures, and applicable laws and regulations. Develop audit programs with the objective of executing well thought out and efficient audits.
2. Prepare and assist in conducting risk assessments of functions and evaluate, identify, analyze, and conclude upon the adequacy, effectiveness, and efficiency of internal controls.
3. Ensure audit test work is documented in a well-organized manner facilitating the reviewer’s understanding of source data, program steps and rationale. Document test work in accordance with department standards.
4. Develop recommendations for audit issues, enhanced efficiencies, and process improvements.
5. Conduct formal meetings with department management to review the scope of the audit, keep them informed of the progress, and to present a summary of findings and recommendations.
6. Prepare clear, concise, detailed, and factual audit reports highlighting significant findings and recommendations.
7. Pursue self-development goals to expand and keep current on the latest developments in accounting, auditing techniques, emerging risks, compliance, and Credit Union policies.
8. Perform other duties as required.
Education and Experience Requirements
- Bachelor’s degree from a four-year college or university in Accounting preferred.
- Internal audit certification, such as CIA, CFE, etc., preferred. Must be willing to commit to attaining certification within a reasonable amount of time if not credentialed.
- At least 2 to 3 years demonstrated successful auditing experience in a financial institution is preferred, familiarity with accounting/finance principles, bank, and lending functions.
- Strong analytical and quantitative skills. Proven ability to gather and analyze data and information, draw logical conclusions, and make appropriate recommendations.
- Strong organizational skills that reflect ability to perform and prioritize a high volume of multiple tasks seamlessly with excellent attention to context, substances, and detail while meeting goals and deadlines.
- Excellent communication skills, both written and verbal. Effective interviewing and presentation skills.
- Demonstrated ability to manage multiple priorities simultaneously with time management/organizational/multi-tasking skills.
- Ability to maintain a positive and upbeat Credit Union image with an internal employee and member focus.
- Demonstrated ability to handle confidential information securely.
- Established ability to work collaboratively across all levels and functions of the credit union to coordinate solutions.
- Ability to work independently, impartially, and as a team member.
- Proficient in MS Office, credit union software and internet research.
EOE/M/F/Vet/Disabled
