Manager, Internal Audit - Technology Focus

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity:

The Manager, Internal Audit is a working manager, performing and managing internal audit assignments throughout the company, working independently or under the supervision of Audit Management. This position will work as part of an audit team to conduct audits, evaluate risks, test controls, and review processes related to financial data and systems, internal controls, department procedures, and compliance with regulatory rules and company policies. The audit manager will assist with tracking of open audit findings and facilitate response generation, information gathering, testing evidence, and escalation of prior findings with the Audit Management. There will be exposure to senior management throughout the organization. Additionally, Audit Managers will work closely and oversee the management and staff from third party organizations providing internal audit support.

Day in the Life:

• Perform internal risk assessments under the direction of Audit Management
• Plan internal audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives
• Interpret regulations as they pertain to information systems, platforms, and IT operating processes, practices and procedures
• Evaluate information technology (IT) infrastructure, data flows/processes, and operating procedures in accordance with established standards identification of key controls, control design, and/or control deficiencies through the development of risks and controls matrix, including the reliability and effectiveness of internal information systems controls
• Create process documentation, including process narratives and flow charts, to assist with audit planning and execution
• Create audit program and testing procedures at the entity, process, transaction or application levels, including assessing controls and potential risks
• Assess risks and internal controls by identifying areas of non-compliance; evaluating manual and automated processes; identifying process weaknesses and inefficiencies and technical issues
• Maintain open communication with management - communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports
• Partner with internal clients to define action plans for deficiencies identified
• Prepare and present reports that reflect audit’s results and document process
• Assist Audit Management and co-sourced internal audit partner to coordinate and schedule audit meetings
• Monitor management’s completion of the actions agreed upon in the remediation process; escalate, support, and provide support when needed or requested by Audit Management
• Prepare and/or review Audit reports and mange revisions
• Assist business owners in defining gaps or process deficiencies and associated action plans for remediation
• Determine and recommend improvements during implementation of IT system changes or upgrades
• Provide direction and leadership to staff; guide, coach, mentor and develop staff ensuring compliance with processes and procedure
• Handle interviewing, hiring, promotions, transfers, performance appraisals, compensation, counseling and termination of staff
• Develop and maintain staff by applying the necessary training and leadership that will allow internal growth and advancement
• Direct staff, to ensure that all duties are performed according to department performance standards
• Perform other duties as assigned.

Qualifications:

• Bachelor’s Degree in Accounting, Finance, Information
• Technology and/or business or related field required.
• One or more an audit professional certifications, such as CPA, CIA or CISA or equivalent audit credentials required.
• Seven (7) years related work experience in auditing (public accounting or internal audit experience) required.
• Five (5) years’ experience working in another functional area such as accounting, risk management, IT, or other business or operational position preferred. 
• Experience with payment systems and financial services related to the credit/debit card industry preferred.
• Willingness to continue to learn, grow and hone your risk management and audit expertise by participating in on-going training, including possibly pursuing certifications, as necessary, and monitoring changes to applicable guidance and regulations related to corporate initiatives and industry standard
• Strong understanding of financial services, systems, operational, and/or technology controls; knowledge of internal audit standards and practices; must have working knowledge of IT general controls
• Proven working experience as Internal Auditor with commensurate comprehension of:
  • Accounting, finance, and/or information technology internal controls and standards oIIA, IPPF, Cobit, Sarbanes-Oxley, SOC 1, 2, and 3, auditing standards and procedures oNIST, ITIL, ISACA, or related standards
  • The Committee of Sponsoring Organizations of the Treadway Commission (COSO)
  • Risk-assessment practices
• Advanced computer skills on MS Office including Microsoft word processing, presentation PowerPoint, excel spreadsheets, and Visio flowchart, accounting software and database
• Ability to manipulate large amounts of data and to compile detailed reports; experience with data analytics software, such as Power BI, Tableau, Galenize (formally ACL), SAS, etc. a plus
• Experience with financial institution regulatory standards such as NCUA, OCC, FFIEC, Nacha ACH, or related, a plus
• Strong Information Technology skills and working knowledge of SharePoint, a plus
• Ability to travel as needed, less than 25%

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

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Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here.  For information regarding your Right To Work, please click here.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [email protected] for assistance.