Manager Internal Audit Risk & Innovation

Location: VA Winchester - Operations Full/Part Time: Full-Time Regular/Temporary: Regular

Job Description


You have goals, dreams, hobbies and things you’re passionate about.

What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen.

Don’t take our word for it.

  • FORTUNE 100 Best Companies to Work For®
  • Computerworld® Best Places to Work in IT
  • FORTUNE® Best Workplaces for Millennials
  • Forbes® America’s Best Employers


Basic Purpose

To plan, manage, and direct the execution and continuous improvement of Internal Audit’s methodology and practice. Provide operational and strategic direction to align Internal Audit’s role as 3rd Line within the Three Lines Model for risk management. Support senior management in the development, communication, and tracking of strategic priorities and plans.


• Develop and implement Internal Audit methodologies to drive consistency in analyzing, reporting, and governing risks across the Three Lines
• Partner with business and support areas to ensure risk management processes are effective and representative of best practices
• Implement branch strategies and goals, objectives, policies, and operating procedures; monitor and evaluate program effectiveness; advise senior management of issues and implement improvements
• Assist in the development and implementation of strategic initiatives as related to internal controls in order to safeguard assets and determine adequacy and effectiveness of applicable policies and practices
• Monitor key performance indicators, determine gaps in performance metrics, and recommend/execute change management techniques for efficiency/quality improvements
• Maintain and refresh the Internal Audit Standards in alignment with new processes and updated industry guidance
• Assist in the annual risk assessment process by working closely with the Internal Audit management team to deliver an agile, riskbased audit plan
• Maintain awareness of industry standards, innovations, and industry best practices and provide analysis and recommendations for how these can be leveraged at Navy Federal
• Oversee, conduct, and consolidate research on external risk events and regulatory/legislative changes to inform the Internal Audit Work Program and individual audit plans
• Conduct research on technologies, software systems, and business applications to develop and improve organizational efficiencies and effectiveness
• Manage the implementation of new systems and automation including the integration of those systems with existing systems and business processes
• Develop and manage the Internal Audit quality assurance program to include performing quality assurance reviews and providing constructive feedback to reinforce audit execution practices and procedures
• Manage the development and execution of Internal Audit training to drive awareness and a culture of effective risk management
• Catalogue critical skills and certifications for Internal Audit team members and develop a framework for career growth
• Contribute to a culture of collaboration by actively working across business lines, communicating knowledge and business processes to other business units
• Provide positive leadership through teaching, training, employee engagement, succession planning, and mentorship programs
• Drive change and learning by embracing new, flexible, and agile approaches to improve business performance and efficiency
• Ensure compliance with all applicable state and federal regulations and legislation
• Perform supervisory/managerial responsibilities
    o Ensure adequate/skilled staffing; select employees
    o Establish performance goals and priorities
    o Prepare, conduct and review performance appraisals
    o Develop, mentor and counsel staff
    o Provide input and/or prepare budget requirements for Annual Financial Plan (AFP)
    o Ensure section/branch goals and objectives align with division/department strategy
    o Ensure efficiency of operations
    o Leadership Level
• Perform other duties as assigned

Qualifications and Education Requirements:

• Bachelor's Degree in a related field, or the equivalent combination of training, education and experience
• Experience in Internal Controls concepts and practices
• Experience in managing and leading professional employees
• Extensive experience in demonstrating thoughtleadership, initiative taking, decisionmaking and creativity in solving business problems
• Significant experience in implementing strategic initiatives to support organizational objectives
• Expert skill leading with diplomacy and tact while maintaining appropriate assertiveness and persistence
• Advanced skill to influence, negotiate and & persuade to reach agreeable exchange & positive outcomes
• Significant experience working with all levels of staff, management, stakeholders, vendors
• Advanced knowledge of project/program management processes and methodologies
• Expert relationship building, negotiation and facilitation skills
• Expert skill presenting findings, conclusions, alternatives and information clearly and concisely
• Expert experience managing multiple priorities independently and/or in a team environment to achieve goals
• Advanced experience developing business strategy
• Advanced analytical/quantitative, reconciliation and deductive reasoning skills
• Advanced experience working with crossfunctional teams and leading projects
• Expert verbal and written communication skills
• Expert skill developing and delivering presentations to executive management
• Advanced thought leadership providing vision and strategic thinking on decisions/issues
• Advanced skill in constructive criticism, feedback, and solutions to drive desired performance and achieve goals
• Advanced word processing, presentation, and spreadsheet software skills

Desired Qualifications and Education Requirements:

• Master’s Degree in in a related field, or the equivalent combination of training, education and experience
• Certification in Risk Management Assurance (CRMA)
• PMP certification
• Experience with credit union financials and/or regulations
• Working Knowledge of NFCU products, services, programs, policies and procedures

Hours: Monday – Friday, 8:00 am to 4:30 pm ET or CT (some flexibility)

Location: 820 Follin Lane, Vienna, VA 22180 | 141 Security Dr. Winchester, VA 22602 | 5550 Heritage Oaks Drive, Pensacola, FL 32526

Equal Employment Opportunity

Navy Federal values, celebrates, and enacts diversity in the workplace.  Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans.  EOE/AA/M/F/Veteran/Disability


Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need.
An assessment may be required to compete for this position.

Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.