Internal Audit Specialist

Posting #: 26-44

Location: Remote in Ontario (requires periodic travel to credit union branches)

Reports to: Director, Internal Audit

Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?

Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.

The Role

The Internal Audit Specialist works closely with the Director, Internal Audit, to assist in accomplishing all aspects of the Internal Audit program. This position is part of a team that provides objective assurance to Management and the Board of Directors on the effectiveness of all controls to ensure key business risks are managed appropriately and that the systems of internal controls are operating effectively. This role plays a key part in the evaluation of internal controls, the application of risk reduction strategies and other governance activities to create value, stability and sustainability for the Credit Union.

To achieve these objectives, this position brings a systematic, disciplined and analytical approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

• Adherence to annual audit charter & work plans, audit documentation, performing various department, process and branch audits, and assisting with required reporting.
• Assist in the execution of the Internal Audit Work Plan as approved by the Audit Committee.
• Reviews all operational areas, business units, accounting procedures, credit processes, physical operations inspection, and test staff knowledge, compliance and adherence to policy.
• Communicate resource and staffing needs to Director, Internal Audit to ensure a sustainable, effective and compliant Internal Audit Program.
• Contribute to the development, review and distribution of audit reporting to all business units and a summary of outstanding issues to the Audit Committee and Chief Leadership Team through the Vice President, Internal Audit.
• Responsible to ensure audit findings and recommendations are appropriate, timely and shared with business units. Ensures that all audit findings, exceptions and proposed adjustments in working papers, are adequately documented and reviewed by the Director, Internal Audit and Vice President, Internal Audit.
• Communicate effectively with management and follow-up on status of outstanding management action plans which includes verification of action plan completeness.
• Establish audit link with ERM by facilitating detailed process and internal controls registry.
• Contributes to the continual improvement of the Internal Audit program through staff education, staff awareness training and internal audit skill development as appropriate.
• Work with external auditors and regulatory bodies as directed by the Director, Internal Audit and as appropriate, to provide information, demonstrate internal control processes and assist in finalizing audit reports and documentation.
• Maintain awareness of changes to laws, regulations or guidance affecting the Credit Union.
• Recommend policies, procedures and programs stemming from Internal Audit findings to ensure Credit Union controls and processes continually improve.
• Responsible to ensure that audit activity is compliant with professional Audit and reporting standards, performance targets, budgets, mandate and timelines.

This position is for an existing vacancy within our team.

What we are looking for

• Post-secondary degree/diploma in Accounting or Auditing, or an equivalent combination of education and experience
• Minimum of two (2) plus years of related Internal Audit experience, preferably in a financial institution.
• CIA, CPA or willing to pursue a CIA.
• Understanding of compliance requirements and knowledge of financial services
• Must have a valid Ontario driver's licence and reliable available vehicle
• Must be bondable

Why work at YNCU?

YNCU employees get to be a part of the growing credit union movement and help us get the word out on why banking locally is so important. We’re your friendly, helpful, and financially savvy neighbour who provides tailored financial services to our members, supports small businesses, creates local jobs, and gives back to causes that matter. Through our Good Neighbours Employee Volunteer Program and Monthly Staff Donation Draws, we even let you choose the causes we donate to and support. YNCU is recognized for the following:

• B Corp Certified
• Competitive Compensation, Incentive Programs and Benefits
• 37.5-hour work week
• 7% matching pension
• Benefits are 100% paid for by YNCU
• Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
• Training and Development Opportunities
• Community Sponsored Events Employee and paid Volunteer opportunities
• Opportunities to get involved with fun and meaningful committees
• Free banking account
• Discounted Employee Rates

Salary range: $65,000 - $70,000

The compensation offered to the successful applicant for this role will be determined by the candidate’s relevant skills and experience and internal equity. More information about our total rewards package will be available during the hiring process.

To be considered for this opportunity please apply at https://careers.yncu.com/internal-audit-specialist.

YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.

YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.

Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at careers@yncu.com.

Job Types: Full-time, Permanent

Pay: $65,000.00-$70,000.00 per year

Benefits

• Casual dress
• Company events
• Company pension
• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Flexible schedule
• Life insurance
• Mileage reimbursement
• Paid time off
• Vision care
• Wellness program
• Work from home

Work Location: Remote