Sr. Internal Audit Consultant

A US credit union is seeking a Sr. Internal Audit Consultant responsible for conducting and executing audits and compliance reviews across Credit Union operations, products, and procedures in accordance with the annual audit plan. This role serves as a subject matter resource for audit and regulatory matters, identifying and addressing risk, control, and all regulatory compliance changes.

The Senior Internal Audit Consultant actively contributes to the development, refinement, and execution of the annual audit plan based on organizational risk assessments, regulatory expectations (NCUA/DIFS), and industry best practices. The position oversees audit reporting deliverables and presents audit conclusions, findings, and recommendations to Senior Leadership and the Audit Committee.

Key Responsibilities:

Leads and performs operational, compliance, and regulatory audits, assessing the effectiveness of internal controls, governance, and risk management practices across credit union functions

Independently assesses regulatory and internal compliance and provides objective, well-supported conclusions and advisory recommendations to management

Evaluates the adequacy and effectiveness of policies, procedures, and processes to ensure compliance with applicable laws, regulations, and credit union standards

Determines the sufficiency of controls designed to safeguard credit union assets and, when appropriate, verify the existence of assets

Exercises professional judgment to identify emerging risks, control gaps, and process inefficiencies; escalates significant issues to management as appropriate

Obtains, analyzes, and evaluates audit evidence to form sound conclusions regarding operational efficiency, effectiveness, and compliance

Prepares comprehensive audit workpapers and documentation that meet internal standards, regulatory expectations, and professional audit practices

Develops clear, actionable audit recommendations and communicates results effectively to management; facilitates discussions to ensure understanding and practical remediation

Partners with other departments to support remediation efforts and strengthen control environments

Prepares and contributes to audit reports presented to Senior Leadership and the Audit Committee, including scope, findings, and recommendations

Participates in the development and ongoing refinement of the annual risk assessment and audit plan, incorporating regulatory changes, industry trends, and organizational priorities

Maintains knowledge of credit union regulatory requirements including BSA, OFAC, USA PATRIOT Act, AML, SAFE Act, CFPB regulations, and Customer Identification Program, and assesses organizational adherence to these requirements

Coordinates and arranges periodic audit activities internally and externally with auditors and regulators as required

Volunteers in various activities with the credit union or partner organizations and in the community

Other duties as assigned

**Required Qualifications:**

Bachelor's degree in a related field

2 to 5 years of progressively responsible internal audit, compliance, or regulatory experience

Strong working knowledge of regulations governing financial institutions

Professional certifications such as CPA, CIA, CISA, CAMS, or similar are strongly preferred

Demonstrated experience leading audits independently from planning through reporting

Proficiency with Microsoft Office and audit-related tools and familiarity with mainframe reporting systems

Excellent written and verbal communication skills, with the ability to present complex audit concepts to both technical and non-technical audiences

Proven ability to build effective working relationships with all levels of the organization and external stakeholders

Strong organizational skills with the ability to manage multiple priorities and deadlines

Ability to exercise discretion and maintain strict confidentiality

Physical Demands/Work Environment:

The environment is typical of an office atmosphere. The noise level in the environment is usually moderate. While performing the duties of this job, the team member is frequently required to sit; use hands to finger, handle, or feel; and talk or hear. The team member is required to stand, walk, and reach with hands and arms. The team member must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision.

Compensation: DOE