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Job Description
Overview
Navy Federal’s Internal Audit team is in the midst of an exciting transformational journey to become a best-in-class Audit function! It is our vision to be a preferred advisor to the business by building and cultivating trust through the consistent execution of high-quality and risk-focused audit and advisory work. We’re focused on implementing efficient processes, maximizing our use of technology, integrating data analytics into everything we do, and investing in our biggest asset, our people. If this sounds like the type of team you’d like to be a part of, then we want to learn more about you!
To direct and manage Navy Federal’s Internal Audit (IA) Operations Branch who are responsible for assisting Senior Management and the Supervisory Committee in discharging their responsibilities concerning the effectiveness and efficiency of operations and controls, reliability of financial and managerial reporting, compliance with laws and regulations, and safeguarding of assets.
This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.
Responsibilities
- Under the leadership of the Senior Vice President Internal Audit, assume responsibility/accountability for the leadership, direction, and management of the Financial, IT, Regulatory Compliance and Operational Audit Teams
- Develop, direct, and lead the strategic recommendations of senior management regarding the Internal Audit Operations teams and direction, results, and compliance with organizational objectives and regulatory matters
- Assist in the development and implementation of branch strategies and goals, objectives, policies, and operating procedures; monitor and evaluate program effectiveness; advise senior management of issues and implement improvements
- Determine and review gaps in branch performance, establish branch performance metrics, and ensure appropriate improvements are initiated and managed
- Develop and maintain an understanding of relevant industry standards, best practices, business processes and technology used within related business areas to ensure compliance with policy, vendor contractual requirements, procedures, processes and standards
- Oversee annual audits for the organization based on risk assessment of Navy Federal’s business, operational, regulatory, and technical environment
- Ensure that the IA team is communicating the results of its activities to Navy Federal Senior Management and the Supervisory Committee in a timely, relevant and high quality manner
- Obtain post-audit feedback from senior management to ensure findings are appropriately addressed and resolved within the timeframes requested
- Manage and approve final audit scope, process flowcharts and detailed audit test plans
- Assist in the development and implementation of strategic initiatives as related to internal controls in order to safeguard assets and determine adequacy and effectiveness of applicable policies and practices
- Coordinate with business units to ensure corrective actions are implemented to address recommendations resulting from internal and external audit projects
- Oversee changes in regulatory practices to IA issues and communicates information to senior management and staff
- Contribute to a culture of collaboration by actively working across business lines, communicating knowledge and business processes to other business units
- Provide positive leadership to the branches through teaching, training, employee engagement, succession planning, and mentorship programs
- Drive branch change and learning by embracing new, flexible, and agile approaches to improve business performance and efficiency
- Participates in large projects or programs for the Internal Audit Operations Branch
- Ensure compliance with all applicable state and federal regulations and legislation
- Perform other duties as assigned
Qualifications
- Experience in Internal Controls concepts and practices
- Experience in demonstrating thought-leadership, initiative taking, decision-making and creativity in solving business problems
- Experience in implementing strategic initiatives to support organizational objectives
- Significant experience working with all levels of staff, management, stakeholders, vendors
- Advanced knowledge of project/program management processes and methodologies
- Expert experience managing multiple priorities independently and/or in a team environment to achieve goals
- Advanced experience working with cross-functional teams and leading projects
- Experience in leading, directing and controlling a multi-function corporate/institutional operation and demonstrated skill in leading others to achieve goals
- Advanced skill leading with diplomacy and tact while maintaining appropriate assertiveness and persistence
- Advanced skill to influence, negotiate and & persuade to reach agreeable exchange & positive outcomes
- Advanced relationship building, negotiation and facilitation skills
- Advanced analytical/quantitative, reconciliation and deductive reasoning skills
- Expert skill presenting findings, conclusions, alternatives and information clearly and concisely
- Expert analytical/quantitative, reconciliation and deductive reasoning skills
- Expert verbal and written communication skills
- Advanced word processing and spreadsheet software skills
- Advanced database and presentation software skills
- Bachelor’s Degree in a related field, or the equivalent combination of training, education and experience
Desired Qualifications
- Master’s Degree in in a related field, or the equivalent combination of training, education and experience
- Experience in complex, integrated audits, focusing on financial/GAAP, IT related and regulatory audits
- Experience with credit union financials and/or regulations
- Working Knowledge of NFCU products, services, programs, policies and procedures
Hours: Monday – Friday, 8:00AM – 4:30PM
Locations: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526
About Us
You have goals, dreams, hobbies, and things you’re passionate about-what’s important to you is important to us. We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we’re looking for team members who are passionate about our mission-making a difference in military members’ and their families’ lives. Together, we can make it happen. Don’t take our word for it:
* Military Times 2022 Best for Vets Employers
* WayUp Top 100 Internship Programs
* Forbes 2022 The Best Employers for New Grads
* Fortune Best Workplaces for Women
* Fortune 100 Best Companies to Work For
* Computerworld Best Places to Work in IT
* Ripplematch Campus Forward Award – Excellence in Early Career Hiring
* Fortune Best Place to Work for Financial and Insurance Services
Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.