Internal Audit Specialist

Temporary, 24 Months

Are you a community-minded person that’s passionate about investing locally and giving back to your community? Do you like working with other awesome and like-minded people toward a common goal?

Here at Your Neighbourhood Credit Union (YNCU), we are all about putting our money where our mouth is and keeping our dollars local and investing back into our members, staff, and community; and we are looking for people like you to join our team.

Take a look at this job posting, and if it’s a good fit, we encourage you to apply. If it’s not for you but you know someone that may be better suited for it, we welcome you to share it with them! Thanks for checking us out!

The Role

The Internal Audit Specialist working closely with the Manager, Internal Audit to assist in accomplishing all aspects of the Internal Audit program, including but not limited to: adherence to annual audit charter & work plans, audit documentation, performing various department, process and branch audits, and assisting with required reporting. This position is part of a team that provides objective assurance to Management and the Board of Directors on the effectiveness of all controls to ensure key business risks are managed appropriately and that the systems of internal controls are operating effectively which includes the evaluation of internal controls, the application of risk reduction strategies and other governance activities to create value, stability, and sustainability for the Credit Union.

To achieve these objectives, this position brings a systematic, disciplined and analytical approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Duties & Responsibilities:

Assist in the execution of the Internal Audit Work Plan as approved by the Audit Committee

  • Assist in the execution of the Internal Audit Work Plan as approved by the Audit Committee
  • Reviews all operational areas, business units, accounting procedures, credit processes, physical operations inspection, and test staff knowledge, compliance, and adherence to policy
  • Communicate resource and staffing needs to Manager, Internal Audit to ensure a sustainable, effective, and compliant Internal Audit Program
  • Contribute to the development, review, and distribution of audit reporting to all business units and a summary of outstanding issues to the Audit Committee and Chief Leadership Team through the Manager, Internal Audit
  • Responsible to ensure audit findings and recommendations are appropriate, timely and shared with business units. Ensures that all audit findings, exceptions, and proposed adjustments in working papers, are adequately documented and reviewed by the Manager, Internal Audit and Director, Enterprise Risk Management (ERM)
  • Communicate effectively with management and follow-up on status of outstanding management action plans which includes verification of action plan completeness
  • Establish audit link with ERM by facilitating detailed process and internal controls registry
  • Contributes to the continual improvement of the Internal Audit program through staff education, staff awareness training and internal audit skill development as appropriate
  • Work with external auditors and regulatory bodies as directed by the Manager, Internal Audit and as appropriate, to provide information, demonstrate internal control processes and assist in finalizing audit reports and documentation
  • Maintain awareness of changes to laws, regulations or guidance affecting the Credit Union
  • Recommend policies, procedures and programs stemming from Internal Audit findings to ensure Credit Union controls and processes continually improve
  • Responsible to ensure that audit activity is compliant with professional Audit and reporting standards, performance targets, budgets, mandate and timelines
  • Responsible for ensuring key areas of concern identified during an audit are brought to the attention of the Manager, Internal Audit and Director, ERM as appropriate
  • Abide by YNCU policies, procedures, standards, guidelines and practice
  • Work safely in accordance with YNCU’s Health & Safety Policy, procedures and the Occupational Health and Safety Act as amended from time to time
  • Other duties as required

Competencies & Skills:

  • Computer literacy including a working knowledge of, but not limited to, SQL language, Advanced Excel and MS Office
  • Well-developed writing skills to prepare material involving interpretation, analysis, assessment, and reports
  • Strong planning, organizational and time management skills
  • Excellent interpersonal and communication skills
  • Superior customer service ability
  • Self-motivated, resourceful, and flexible
  • Demonstrated analytical and problem-solving skills
  • Ability to build relationships within department and across YNCU
  • Ability to work well independently and as a team member
  • An advocate and catalyst for transformation
  • Ability to maintain confidentiality of sensitive and proprietary information

Why work at YNCU?

YNCU employees get to be a part of the growing credit union movement and help us get the word out on why banking locally is so important. We’re your friendly, helpful, and financially savvy neighbour who provides tailored financial services to our members, supports small businesses, creates local jobs, and gives back to causes that matter. Through our Good Neighbours Employee Volunteer Program and Monthly Staff Donation Draws, we even let you choose the causes we donate to and support.

  • Certified Ontario Living Wage Employer
  • Competitive Compensation, Incentive Programs and Benefits
  • Remote/working from home hybrid option if desired
  • 37.5-hour work week
  • 7% matching pension
  • Benefits are 100% paid for by YNCU
  • Wellness Initiatives including our Employee and Family Assistance Program, premium membership for Calm, Consult+, and LIFT Virtual Fitness
  • Training and Development Opportunities
  • Community Sponsored Events Employee and paid Volunteer opportunities
  • Fun Squad
  • Free banking account
  • Discounted Employee Rates

What we are looking for

  • Post-secondary degree/diploma in Accounting or Auditing, or an equivalent combination of education and experience
  • Minimum of two (2) plus years of related Internal Audit experience, preferably in a financial institution
  • Understanding of compliance requirements and knowledge of financial services
  • Must have a valid Ontario driver's license and reliable available vehicle
  • Must be bondable

To be considered for this opportunity please submit resume and cover letter to

YNCU strives to be a diverse workplace reflective of the communities that we live in. We are committed to a diverse workforce and invite everyone to apply. YNCU makes hiring decisions solely on qualifications, merit, and business needs at the time.

YNCU is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, colour, sex, gender, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as outlined by national, provincial, or municipal laws. This applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training.

Your Neighbourhood Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process. Please contact Human Resources at

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We want to know about you, but we also want you to know about us. And if you have an interview coming up, your insight and knowledge of YNCU will surely wow us!

The Credit Union story – a story of compassion, community, and commitment to the local economy – is a story we want you to not only hear, but share. Credit Union members are owners too, which is the underlying foundation that drives our story. But Credit Unions are also full-service financial services companies with competitive rates and products! It’s all that people need from their financial institution! By joining YNCU you can be a part of this great story and help us tell it.

In the About Us section you can learn all kinds of things, from our guiding principles to our unity story.

About YNCU


Human Resources 519.804.9190 x673 or

YNCU will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process.