Are you looking for an exciting new opportunity? Here at UMCU we are passionate about our team members’ growth, success and contribution to our amazing company culture. Consider joining the University of Michigan Credit Union (UMCU) a pillar of the local community for 70 years.
The Senior Internal Audit Consultant is responsible for conducting and executing audits and compliance reviews across Credit Union operations, products, and procedures in accordance with the annual audit plan. Serves as a subject matter resource for audit and regulatory matters, identifying and addressing risk, control, and all regulatory compliance changes. 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. Oversee audit reporting deliverables and presents audit conclusions, findings, and recommendations to Senior Leadership and the Audit Committee.
Why join the UMCU Team? Work with a high energy and collaborative group of supportive professionals.
We are committed to helping you own your career and grow professionally and personally.
Comprehensive benefits including low cost/high coverage medical, dental, vision, leave of absence and more!
Very generous paid time off and a very flexible work environment to help you find just the right work-life balance.
Tuition reimbursement and a student loan debt repayment program
Our Fidelity 401k program with employer match is one of the most generous you'll find.
From our parental leave, to pet insurance and home office credits, our benefits package is one of the best you'll find!
What you’ll be doing in this role: Leads and performs operational, compliance, and regulatory audits, assessing the effectiveness of internal controls, governance, and risk management practices across UMCU 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 UMCU 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 UMCU or EMCU partners and in the community.
Other duties as assigned
What you will need for this role: 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
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
