The Internal Auditor evaluates the Association’s quality of credit decisions, monitors portfolio trends, and examines operations issues to ensure adherence to policies and procedures and reports the outcomes to management and the Board of Directors.
Regional Office Reviews
Creates sample content and schedule for each regional office
Audits the credit quality accuracy and credit administration compliance of loans against regulations and Farm Credit Illinois policies and procedures in credit and operations
Identifies and documents deficiencies
Inputs data and information to capture audit results
Exports and reviews data from regional office audits
Drafts the narrative for audit reports and makes recommendations for corrective actions
Facilitates meetings with management to discuss corrective plans and revise procedures
Internal Control Compliance
Tests data in areas such as receipts, disbursements, wire activity, drafts, accounts payable, general ledger, and related services to determine compliance with Association’s key internal controls
Determines the content, information resources and format of samples and targets of internal control reviews
Identifies deficiencies and determines or recommends actions that offset deficiencies and weaknesses identified in the compliance review
Determines credit quality accuracy and credit administration compliance
Monitors the portfolio by running various programs and performing stress tests using customized software with criteria established by senior staff and the Board of Directors
Determines most relevant data and reports it to management and the Board of Directors
Originates and updates queries and reports
Determines criteria, content and format for reports
Ensures data is accurate and distributes reports
Knowledge in credit extension, credit administration, and portfolio management procedures
Knowledge and understanding of universal credit classification definitions
Knowledge and understanding of general audit requirements and principles
Skill in utilizing a systematic approach to problem solving
Skill in utilizing Microsoft Word, Excel, PowerPoint and Outlook for efficiency and effectiveness
Skill in having perception of different dimensions of business issues
Skill in making sense out of complex issues
Skill in being decisive and flexible to change
Working knowledge of accounting principles, practices and methods
Working knowledge of internal control practices
Skill in preparing and presenting information to an audience in an engaging and effective way
Oral and written communication skills sufficient to discuss a variety of job-related topics, and to effectively communicate complex topics to a variety of audiences
Skill in negotiating complex agreements to achieve the best outcome for the organization
Skill and understanding of agriculture knowledge
Bachelor’s degree in agriculture finance, business administration, or accounting; Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
We are seeking to fill two Internal Auditor positions and are open to considering recent college graduates as well as those with a number of years' work experience with internal controls, credit, audit, finance, or accounting.
Certified Public Accountant or Certified Internal Auditor preferred
We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at careers@farmcreditIL.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
For more information about our commitment to equal employment opportunity, please click here.