Position: Internal Auditor

Type: Full-Time

Reports To: Supervisory Committee
Administrative Reporting: CEO
Location: 14090 Southwest Fwy, Sugar Land, TX-77478

POSITION PURPOSE

The Internal Auditor provides independent and objective assurance designed to add value and strengthen the Credit Union’s governance, risk management, and internal control environment. For a federal credit union with approximately $500 million in assets, this role is responsible for executing a comprehensive, risk-based internal audit program that covers financial, operational, compliance, IT, and vendor-related risks, in accordance with NCUA regulations and professional auditing standards.

FUNCTION

Audit Planning & Risk Assessment

• Develop and maintain a risk-based annual audit plan aligned with the Credit Union’s risk profile and approved by the Supervisory Committee
• Perform enterprise-wide risk assessments at least annually
• Lead or support investigations into suspected fraud, misconduct, or policy violations

Audit Execution

• Conduct independent audits in the following areas, among other areas, as determined periodically:
  • Lending (consumer, real estate, commercial, indirect, participation)
  • Deposit operations, cash controls, and teller functions
  • ACH, wires, cards, and electronic payments
  • BSA/AML and OFAC programs
  • Information technology, cybersecurity, and data governance
  • Vendor management and third-party relationships
  • Financial reporting, ALM, and key management reports
• Evaluate internal controls using recognized frameworks (e.g., COSO)
• Assess compliance with NCUA regulations, federal consumer protection laws, and internal policies

Reporting & Communication

• Prepare formal audit reports, including scope, methodology, risk ratings, root cause analysis, and management recommendations
• Present audit results, trends, and systemic risks to the Supervisory Committee
• Provide periodic status updates on audit plan progress and issue remediation

Issue Management & Follow-Up

• Track audit findings, corrective action plans, and validate implementation and effective remediation
• Communicate unresolved or high-risk issues to the Supervisory Committee

Regulatory & External Coordination

• Serve as a key point of contact for NCUA examiners, external auditors, and consultants
• Coordinate internal audit activities with external audit, compliance, and risk functions to avoid duplication while maintaining independence
• Support preparation for NCUA examinations and supervisory reviews

Authority & Independence

• Maintains full independence from operational management
• Reports functionally to the Supervisory Committee
• Perform other compliance, investigation, and audit tasks, as identified by the Supervisory committee from time to time

QUALIFICATIONS AND EXPERIENCE REQUIRED

Education & Experience

• Bachelor’s degree in Accounting, Finance, Business, or related field
• 5–7 years of internal audit, compliance, or risk management experience within a financial institution
• Credit Union audit experience strongly preferred
• FDIC work experience preferred

Professional Certifications (Preferred / Strongly Encouraged)

• CIA, CPA, or CISA
• CAMS or other BSA/AML certification a plus

Skills & Competencies

• Deep understanding of mid-size credit union operations
• Strong working knowledge of NCUA regulations and examination processes
• Understanding of the use of Computer Assisted Audit Techniques (CAAT)
• Excellent analytical, documentation, and report-writing skills
• Ability to communicate effectively with senior management and Board-level committees
• High degree of integrity, discretion, and professional skepticism

Working Conditions

• Primarily office-based with periodic travel to branches
• Flexible scheduling may be required during examinations or audit cycles

COMPENSATION

Nizari PFCU is committed to investing in the growth, development, and well-being of its employees. We offer a competitive salary and a comprehensive benefits package that includes employee discounts on auto and unsecured loans, as well as a dental plan with orthodontic coverage.

Why Join Nizari PFCU?

• Be part of a mission-driven organization serving its community
• Opportunity to play a key role in financial strategy and growth
• Collaborative leadership team and supportive culture
• Competitive compensation and benefits