Memphis Area Teachers' Credit Union has frequent job openings within our branch system. Applications for all teller positions are accepted at our Administration Office location.
JOB DESCRIPTION
Position Title: Internal Auditor
Reports To: Audit Committee/CEO
POSITION SUMMARY
This position provides an independent appraisal of the various operations of the credit union by examining the accounting and financial records, as well as, the internal controls and operational and administrative functions for accuracy, efficiency, effectiveness, and compliance with laws, regulations, policies and procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Develop, implement, and perform audit activities, i.e. cash counts, teller drawer audits, review of employee accounts, loan documentation, wire transfers, etc. Review random sampling of all new loans for exceptions to policies and procedures.
Develop and implement credit union audit activities, policies and procedures.
Determine whether operational policies and procedures are adequate to measure and control the economical and efficient use of resources.
Manage the credit union’s audit function to ensure compliance with all regulatory policies and procedures and to safeguard the credit union’s assets.
Ensure that financial, managerial, and operating information will stand up to outside reviews of all areas which includes accuracy, reliable, and timely information.
Ensure the quality of the management controls in place work to foster a continuing improvement of those controls and procedures.
Ensure that on going legislative and regulatory controls being implemented are recognized and addressed timely by credit union staff.
Prepare written and verbal reports of audit activities to the audit committee and/or the Board of Directors.
Identify internal control weaknesses to management and opportunities for improved efficiency and make recommendations to improve functionality of operations.
Perform investigations or special audits at the request of management or the audit committee.
Review investigations of suspected and/or actual internal fraud in conjunction with the Director of Risk Management.
Oversee and manage any external auditors partnering with the credit union. Evaluate for efficiency, depth of knowledge, and cost-effectiveness.
Serve as credit union liaison with external auditors and regulatory examiners.
Keep abreast of all trends and developments in regulatory requirements, general accounting principles, or audit techniques. React quickly to any changes to protect the credit union’s interest.
GUIDELINES FOR EDUCATION, EXPERIENCE, INTERPERSONAL SKILLS, & ABILITIES
Education/Experience:
Bachelor's degree in Business Administration with concentrations in accounting, finance, or management.
CPA is required
CIA (Certified Internal Auditor) preferred
CFSA (Certified Financial Services Auditor) preferred
Minimum of five years previous auditing. Experience in a financial institution a plus.
Interpersonal Skills and Abilities:
Excellent written and verbal communication skills,
Excellent organizational and analytical skills
Team player who can work with the internal staff to implement changes that will improve the security and soundness of the credit union
Supervisory experience a plus
Word processing, Excel, Access, ACL, IDEA
Some use of SQL or other database query tools.
Contacts:
Internal at all levels of the credit union, including Board of Directors.
External with members, vendors, law enforcement, external auditors, state and federal examiners, and other external persons as required.
Working hours & Conditions:
May require work beyond normal business hours.
Local and occasional out-of-town travel for training and/or seminars.
Confidentiality:
Job requires the acquisition, analysis, and protection of sensitive and confidential member and/or credit union financial information which must not be discussed with anyone unless there is a legitimate or legal business need.
revised: 08/09
Competitive Salaries
Medical, Dental, Prescription, Vision Plan
Company Paid Life & AD&D Insurance
Additional Voluntary Life Insurance
Company Paid Long Term Disability
Flexible Spending Account
- Dependent Care & Medical Reimbursement Account
401(k) Retirement Savings
- Vesting Schedule - 100% vested after 3 years
- Employee Contribution - 1% - 100% up to max $12,000
Incentive Bonus Plan
Paid Vacation
10 Paid Holidays
Paid Sick Leave
Employee Assistance Program
Tuition Reimbursement
Internal Learning & Development
Direct Deposit
MATCU Membership
Free On-Line Banking
Free Checking
Financial Planning Services
1% discount on all employee loans
We look for people who have excellent customer service skills as well as previous cashier or banking experience. If you are looking to join a progressive company and if you thrive on providing service to others, we would like to hear from you.
Memphis Area Teachers' Credit Union
Human Resources Office
7845 Highway 64
Memphis, TN 38133
Fax: 901-266-2773 or Email: lpoley@matcu.com
MATCU is an Equal Opportunity Employer