VP Internal Audit
- Lone Tree, CO, United States
$169,608.77 to $212,010.96 USD / year
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Job details
- Pay
- $169,608.77 to $212,010.96 USD / year
- Posting language
- English
- Posted
Original job description
We’re Canvas Credit Union
We’re passionate about transforming financial services. Our members, families, and the communities we call home motivate everything we do. As part of the credit union movement, we believe in providing our members with education, support, and guidance to build strong financial futures.
Canvas "It's About More" Video - YouTube (Click here - or, visit https://www.youtube.com/watch?v=z8WAm_TDRdk )
Why Canvas?
At Canvas, we’re dedicated to transforming financial services from the inside out. Our culture is a top priority and second to none. We strive to balance hard work and high achievement with a fun, supportive environment.
At Canvas, there are 5 behaviors we live by each day that will continue to help us be known for our heart and our people:
The VP of Internal Audit provides leadership for Canvas Credit Union’s Internal Audit function. The role preserves Internal Audit’s independence, objectivity, and effectiveness; ensures audit activities are conducted in accordance with applicable professional standards and the Internal Audit Charter; reports functionally to the Audit Committee and administratively to the Chief Risk Officer; and supports Audit Committee oversight of internal controls, financial reporting, regulatory compliance, and safeguarding of member assets. The VP leads the development, execution, and reporting of the risk-based internal audit plan and maintains open communication with the Audit Committee, Executive Management, co-source partners, independent auditors, and regulatory examiners.
Essential Duties/Responsibilities:
- Develop, present, and execute the annual risk-based Internal Audit plan for Audit Committee review and approval, including periodic reporting on plan progress, significant findings, resource needs, and management action plan status.
- Advise the Audit Committee, and management on audit coverage, control environment trends, significant observations, examiner results, compliance matters identified through audit activity, and emerging issues affecting Internal Audit.
- Maintain the Internal Audit Charter and updates necessary to clarify authority, preserve independence, and align audit responsibilities with Audit Committee expectations and applicable Canvas Bylaws.
- Lead the Internal Audit team, including audit methodology, delegation of work, engagement planning, quality review, staff development, and consistent execution of the approved audit plan.
- Maintain the audit universe and annual risk assessment process in coordination with other internal audit leaders and team members, incorporating audit history, examiner input, organizational priorities, emerging risks, management concerns, and Audit Committee direction.
- Oversee fraud reviews, special investigations, complaint reviews, and supplemental audits when independent review is requested or warranted.
- When requested, provide advisory and consulting services that support effective controls, governance, compliance, and operations while maintaining Internal Audit’s independence from management responsibilities.
- Manage Internal Audit resources, co-source strategy, forecast and budget recommendations, and department administration necessary to execute the approved audit plan.
- Lead enterprise efforts to address and coordinate responses to regulatory mandates, examiner findings and supplemental facts presented in annual examination reports.
- Coordinate with independent auditors, regulatory examiners, co-source partners, and other assurance providers to support efficient coverage, timely information flow, and appropriate issue escalation.
- Maintain current knowledge of internal auditing standards related to credit unions, financial institution controls, regulatory expectations, audit committee governance, and emerging audit practices.
- Demonstrate sound stewardship of member assets and cost-conscious execution of Internal Audit responsibilities consistent with Canvas’ mission, values, and governance expectations.
- Regular attendance and punctuality are essential functions of the job.
- Perform other job duties as assigned.
Job Qualifications
Knowledge, Skill and Ability:
- Executive presence and leadership credibility, with the ability to develop audit professionals, influence constructive action, and support strong governance outcomes.
- Strong knowledge of internal audit standards, audit committee governance, internal control evaluation, audit universe development, risk-based audit planning, enterprise risk management, quality assurance, and work paper standards.
- Exceptional communication skills, including the ability to present audit matters clearly and diplomatically to the Audit Committee, Board, executive leadership, auditors, examiners, co-source partners, and business leaders.
- Ability to maintain open communication while preserving independence, objectivity, confidentiality, professional skepticism, and appropriate boundaries with business partners.
- Strong analytical, decision-making, governance, and problem-solving skills, with the ability to assess complex control issues and recommend practical, risk-informed solutions.
- Sound professional judgment, confidentiality, appropriate escalation, and credibility in communicating difficult findings.
- Strong attention to detail and excellent organizational skills; ability to multi-task in a dynamic environment and manage multiple priorities with tight deadlines.
- Proficiency in leveraging Artificial Intelligence (AI) to augment human capabilities.
- Proficiency in Microsoft Office 365, including Outlook, Excel, Word, and PowerPoint; experience with audit management, data analysis, or reporting tools is preferred.
- Pre-employment background review, including criminal, employment, address, Social Security number, motor vehicle record, global sanctions, and sex offender.
Education or Formal Training: Bachelor’s degree in finance, Business Administration, Accounting, or an acceptable equivalent from a four-year college or university. Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certified Public Accountant (CPA), Certified Credit Union Internal Auditor (CCUIA), or equivalent certification preferred.
Experience: Minimum of ten years of progressive audit experience in credit unions, public accounting, financial services, or another regulated environment. Experience leading and managing audit teams, presenting to audit committees or boards, developing risk-based audit plans, coordinating with auditors and regulatory examiners, and supporting governance bodies responsible for internal control oversight is preferred.
For Current Canvas Employees: To be considered, you must be meeting performance expectations, consistently demonstrating HEART behaviors, and must submit an up-to-date resume or update your Work History profile with your current responsibilities and accomplishments.
What’s In It For You
Seriously good benefits: Beyond healthcare, dental, and life insurance, we make it so worth your while. Canvas employees get up to a 10% company contribution to their 401k, generous personal time off, and employee discounts on loans. (That includes cars and houses!) The starting pay range for this position is $169,608.77-$212,010.96/annual, and final pay rate will be determined based on experience, education, skills, and internal equity factors. Canvas benefits include:
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- Medical/Dental/Vision Insurance
- Paid Vacation
- Paid Sick Time
- Paid Holidays
- Paid Wellness Day
- Paid Volunteer Time
- Flexible Spending Account
- Health Savings Account
- World Class 401(k) Plan
- Tuition Reimbursement
- Rate Discounts on Qualifying Loans
- May be eligible for incentives or discretionary bonus based on results
Working Environment/Physical Activities
High-volume, fast-paced, dynamic office environment with some travel. Must be able to attend meetings and events outside of regular business hours. The job routinely uses standard office equipment such as computers, phones, printers, copiers, fax machines, and filing cabinets. The position requires manual dexterity, the ability to lift files and open filing cabinets, and the ability to bend, stoop, or stand as necessary.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Applications for this position will be accepted through December 1, 2026. For consideration, applications must be received by 11:59 PM MST on December 1, 2026.
More about this job
Skills
- Auditing
- Financial reporting
- Reporting
- Regulatory compliance
- Hazard assessment
- Internal auditing
- Leadership
- Risk management
- Quality assurance
- Communication skills
- Confidentiality
- Decision making
- Problem solving
- Attention to detail
- Organizational skills
- Microsoft Office
- Microsoft Outlook
- Microsoft Excel
- Microsoft Word
- Microsoft PowerPoint
- Data analysis
- CPA