Internal Audit Manager
Job Description
At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
The Internal Audit Manager focuses primarily on our financial, administrative, and operational business. This role supports the achievement of the Bank’s objectives by managing risk-based internal audit and advisory services while developing members of the Internal Audit team and partnering with stakeholders.Accountabilities:
Responsibilities/Duties/Function/Tasks:
- Coordinate and lead audit projects through supervision of the team and business stakeholders.
- Manage all phases of audits (planning, fieldwork, testing, issue development, reporting) in accordance with the IIA Standards and departmental methodology.
- Help drive audit planning and risk assessment efforts within the team to align audit work with objectives and strategic priorities of the Bank to meet audit coverage needs.
- Lead the evaluation of risks and controls, identify where audit testing is needed to conclude on the effectiveness of the control, and identify potential audit issues for remediation.
- Provide daily operating supervision, guidance, training, and support to team.
- Build constructive, transparent relationships with business unit leadership while maintaining independence and objectivity.
- Oversee, conduct or coordinate audits, special projects, reviews, and/or other audit initiatives in accordance with departmental procedures and applicable professional standards as required.
- Manage and develop high performing team members through communication, feedback, coaching, and completion of mid-year and year end performance evaluations.
- Other duties and/or projects may be assigned.
Qualifications:
- Bachelor’s degree required (accounting, finance or other business subjects preferred); continuing education in audit-related fields and 5+ years of audit experience required.
- Strong written and verbal communication skills.
- Supervisory experience preferred.
- CPA, CIA, CISA, or other appropriate professional credentials preferred.
- Strong understanding of auditing standards, accounting principles, Sarbanes Oxley, finance, risk management and other relevant Bank subject matter such as asset/liability management, risk modeling or information technology.
- Excellent teamwork, communication, critical thinking, project management and organizational skills.
Compensation Range:
Annual Salary: $114,474.00 - $135,938.00This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.
At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
The Internal Audit Manager focuses primarily on our financial, administrative, and operational business. This role supports the achievement of the Bank’s objectives by managing risk-based internal audit and advisory services while developing members of the Internal Audit team and partnering with stakeholders.Accountabilities:
Responsibilities/Duties/Function/Tasks:
- Coordinate and lead audit projects through supervision of the team and business stakeholders.
- Manage all phases of audits (planning, fieldwork, testing, issue development, reporting) in accordance with the IIA Standards and departmental methodology.
- Help drive audit planning and risk assessment efforts within the team to align audit work with objectives and strategic priorities of the Bank to meet audit coverage needs.
- Lead the evaluation of risks and controls, identify where audit testing is needed to conclude on the effectiveness of the control, and identify potential audit issues for remediation.
- Provide daily operating supervision, guidance, training, and support to team.
- Build constructive, transparent relationships with business unit leadership while maintaining independence and objectivity.
- Oversee, conduct or coordinate audits, special projects, reviews, and/or other audit initiatives in accordance with departmental procedures and applicable professional standards as required.
- Manage and develop high performing team members through communication, feedback, coaching, and completion of mid-year and year end performance evaluations.
- Other duties and/or projects may be assigned.
Qualifications:
- Bachelor’s degree required (accounting, finance or other business subjects preferred); continuing education in audit-related fields and 5+ years of audit experience required.
- Strong written and verbal communication skills.
- Supervisory experience preferred.
- CPA, CIA, CISA, or other appropriate professional credentials preferred.
- Strong understanding of auditing standards, accounting principles, Sarbanes Oxley, finance, risk management and other relevant Bank subject matter such as asset/liability management, risk modeling or information technology.
- Excellent teamwork, communication, critical thinking, project management and organizational skills.
Compensation Range:
Annual Salary: $114,474.00 - $135,938.00This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.
About Federal Home Loan Bank of Des Moines
As a member-owned cooperative, our mission is simple: To provide our members the financial products and services that advance economic development and affordable housing initiatives in their communities.
To do this, we seek to hire the best, forward-thinking employees who bring diverse backgrounds, talents and ideas to our team. We offer rewarding career opportunities in a variety of areas including finance, accounting, information technology, communications and marketing, human resources and more.
FHLB-Des Moines is one of 11 regional banks in the Federal Home Loan Bank System. We are governed by the Federal Housing Finance Agency, registered with the Securities and Exchange Commission (SEC) and operate autonomously with our own board of directors.
Offering Total Rewards
Our employees can get involved in employee-led committees at the Bank and volunteer in their own neighborhoods. Employees also enjoy hybrid work schedules with a positive work/life balance and a complete benefits package:
- Competitive salary and incentive plan
- 401(k) with employer match and an additional year-end discretionary contribution
- A variety of health and wellbeing benefits, including medical, dental, vision and life insurance
- Paid Time Off, Volunteer Time Off and 11 paid holidays
- Ongoing development
- Social and community activities
