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Capital Farm Credit · 4 months ago

SVP Internal Audit & Credit Review

College Station, Texas

Full-time

Onsite

Director/Executive

10+ years exp

Capital Farm Credit is the largest rural lending cooperative in Texas, dedicated to supporting rural communities and agriculture. The SVP Internal Audit & Credit Review will plan, develop, and document audit programs and procedures for operational, financial, and compliance audits, ensuring the effectiveness of Association operations.

BankingFinancial ServicesInsurance

Comp. & Benefits

Responsibilities

Establishes overall direction for the association's internal audit and credit review functions including policies, procedures, audit and credit review scopes and reporting

Assesses compliance with FCA regulations pertaining to internal audit and credit review

Prepares and controls an annual operating budget for Internal Audit and Internal Credit Review

Selects, trains, develops, motivates, evaluates, and manages internal audit and credit review staff

Develops, maintains, and refines an internal audit and credit review schedule for the association with approval of the Audit Committee

Furnishes audit and credit review results to the Audit Committee, Executive Committee, and other levels of managements as appropriate

Keeps the Chief Executive Officer, Board of Directors, and Audit Committee informed of progress and activities for the internal audit and credit review function

Provides for regular audit and review reports, periodic informational reports, and quarterly reporting to the Executive Committee and Audit Committee

Acts as a liaison with external auditors as required by providing staff assistance in gathering information for external audit activity

Evaluates management efforts to address regulatory compliance with a reporting function to the Board of Directors

Facilitates the work of the Board of Directors through daily contact with operating groups of the association engaged in efforts to achieve compliance with FCA requirements and Internal Audit and Internal Credit Review recommendations that are considered necessary for safe operations

Analyzes deficiencies and criticisms noted in any FCA report of examination to determine whether each is based upon an accurate understanding of facts

In cooperation with the relevant officials, establishes corrective programs and periods for achieving correction

Establishes a liaison with FCA examiners to ensure that material deficiencies are reported at the proper time to appropriate parties and corrective action is undertaken in accordance with established periods

Reports to the Board on the accuracy of significant criticisms, proposed corrective actions and their adequacy, unresolved issues and programs of correction, exceptions to corrective periods previously reported, conditions that will delay or prevent results sought, and other pertinent facts and information resulting from FCA examinations