Lead Auditor, Risk & Operations

Job Overview

PenFed is hiring a (Hybrid) Lead Auditor, Risk & Operations at our Tysons, Virginia location. The Lead Auditor, Risk and Operations, is responsible for the planning, coordination, and execution of assigned internal audits in the risk and operations audit portfolio. This position works closely with senior management to identify and evaluate key business risks and recommend actions to mitigate risks while improving and maturing processes. The Lead Auditor acts as a subject matter expert, builds relationships with business department leaders, and provides coaching and mentoring to Internal Audit staff. This position may complete audits independently or may lead, direct, and review the work of a team of Auditors on complex audits.

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.

• Plan, lead and execute high-quality, timely, independent, and objective complex audits as assigned including but not limited to include enterprise risk (second line of defense) and operational areas such as human resources, procurement, payroll and third parties.

• Facilitate and perform the entire audit process from planning to reporting with efficiency and autonomy.

• Ensure completion of multiple ongoing audits by prioritizing tasks, delegating, monitoring progress, and anticipating and resolving conflicts and dependencies.

• Coordinate the work of a team of Auditors or perform as a sole assigned auditor to ensure the timely progression of the audit engagement.

• Analyze processes and assess the level of compliance with applicable procedures, adequacy of controls, efficiency and effectiveness of operations, and accuracy of reported information.

• Execute and/or lead multiple areas of complex test work during audit activities. Document key risks, controls, audit test procedures, test results, and audit conclusions.

• Prepare professional audit reports on observations identified in the course of audit work and collaborate with management to ensure understanding and develop effective remediation plans.

• Review the audit work performed by assigned team members following professional and departmental standards with emphasis on the sufficiency and appropriateness of audit evidence. Provide feedback, mentoring, and developmental coaching to team members when applicable.

• Proactively identify control weaknesses and opportunities for improvement and provide recommendations for remediation.

• Actively support follow-up on audit recommendations to ensure the actions taken remediate the reported conditions.

• Assist with identifying innovative approaches to assessing risk in PenFed operations and accomplishing essential audit tests including the use of data analytics.

• Develop internal, business leader relationships to understand key initiatives within PenFed.

• Maintain knowledge and serve as a functional expert on risk assessment and internal control in a credit union environment.

• Assist with maintaining the department's professional relationship with senior leadership, external auditors, NCUA, and other regulators.

This role is responsible for ensuring business continuity.

Qualifications

Equivalent combination of education and experience is considered.

• Bachelor's degree in business administration, Accounting, or a related field required.

• Minimum eight (8) years' experience in auditing in the financial services industry or financial regulatory environment required, including in consumer and mortgage lending and compliance-related audits

• Knowledgeable with the Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing

• Proven analytical and critical thinking skills.

• Excellent written and verbal communication skills with the ability to present sensitive and complex findings to business management and influence change.

• Proven ability to lead audits start to finish, both independently and as the project lead directing and reviewing staff work

• Proven ability to handle multiple projects at the same time.

• Experience using A.I. tools preferred.

Supervisory Responsibility

This position will not supervise employees.

Licenses and Certifications

Related professional certification required (e.g., CIA, CPA, CAMs, CRISC etc.)

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.

Travel

Ability to travel to various worksites may be required.

#LI-Hybrid

Benefits

At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.

Our Purpose

Helping members achieve their dreams since 1935.

Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.

Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently-owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country.

With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long-term rentals, corporate relocation services and national referral network.

Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at View phone number on click.appcast.io.