PenFed Credit Union (Hybrid) Senior Business Manager, Internal Audit in McLean, Virginia
Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.
PenFed is hiring a (Hybrid) Senior Business Manager, Internal Audit at our Tysons, Virginia location. The primary purpose of this job is overseeing and managing all administrative aspects of the department. This role involves providing operational support, managing resources, and ensuring smooth functioning of the Audit Services Department. The successful candidate will possess strong organizational skills, attention to detail, and the ability to work effectively with both internal and external stakeholders.
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.
Provide administrative leadership and support to the Audit Services Department, ensuring efficient operations and adherence to policies and procedures.
Oversee the department's budget, expenses, and resource allocation, optimizing resource utilization while maintaining cost-effectiveness.
Coordinate and manage the scheduling and logistics of audit engagements, ensuring timely completion and adherence to deadlines.
Prepare governance reports and metrics for senior management, supervisory committee, and the Board of Directors highlighting key achievements, challenges, and areas for improvement.
Maintain and update departmental policies, procedures, and guidelines, ensuring alignment with regulatory requirements, internal auditing standards, and industry best practices.
Manage and maintain central audit documentation and records, ensuring accuracy, confidentiality, and compliance with record retention policies and internal auditing standards.
Coordinate with external auditors and regulatory bodies, facilitating audit requests and ensuring timely provision of required information.
Collaborate with IT and other relevant departments to ensure the availability and effectiveness of audit-related systems, tools, and technologies.
Facilitate the recruitment, training, and development of audit department staff, fostering a culture of professionalism and continuous improvement.
Maintain documentation and reporting for audit recommendations in the centralized issues management platform. Prepare reports on overdue issues and initiate reminders to audit teams to engage with stakeholders prior to high-risk issues coming due.
Stay updated on industry trends, best practices, and regulatory changes related to administrative functions in the internal audit domain.
This role is responsible for ensuring business continuity.
Equivalent combination of education and experience is considered.
Bachelor's degree in business administration, finance, or a related field.
At least ten (10) years of experience in an administrative or chief of staff role, preferably within the internal audit function of a banking or financial institution.
Strong knowledge of internal audit operations, procedures, and regulatory requirements.
Previous experience with a Governance, Risk, Controls (GRC) platform is preferred; experience with Archer desirable, but not required.
Excellent organizational and time management skills, with the ability to prioritize and multitask effectively.
Proficient in using productivity tools and software (e.g., Microsoft Office Suite, project management software).
Strong interpersonal and communication skills, with the ability to collaborate and build relationships with stakeholders at all levels.
Attention to detail and a commitment to maintaining confidentiality and data integrity.
Knowledge of banking products, processes, and systems is desirable but not required.
Licenses and Certifications
- There are no additional certifications required.
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.
Ability to travel to various worksites and be on-call may be required.
Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
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 402-639-8568 .