Director Internal Audit

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

• Hybrid model – up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Diversity & Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit www.compeer.com/careers. 

Where you will work:

This position offers a hybrid work option up to 50% remote and is based out of the Lakeville, MN, Sun Prairie, WI or Naperville, IL location. There will be travel periodically for Board, leadership, team and industry meetings.

The contributions you will make: 

This position leads and directs the Internal Audit team within the Audit Services department while collaborating with the VP Audit Services. Provides strategic direction for developing and executing the Internal Audit plan to review and evaluate internal controls and risk management of the organization’s processes.  Provides evaluations and reports to the Executive Leadership Team (ELT), Senior Leadership and the Board’s Audit and Finance Committee regarding the effectiveness of the organization’s established internal control systems.

A typical day: 

• Provides oversight and direction to the Internal Audit team in evaluating the organization’s internal control systems to ensure compliance with regulatory and organizational standards, such as those set by AgriBank and the Farm Credit Association.
• Leads and manages the team by recruiting, developing, and evaluating team members; providing coaching; establishing quality guidelines; conducting performance reviews; and managing project schedules.
• Guides the Internal Audit team in formulating actionable recommendations to enhance existing controls and operational efficiencies.
• Cultivates and strengthens relationships with key stakeholders, including leadership, regulators, external auditors, subject matter experts, and Farm Credit industry peers, through regular and impactful interactions.
• Collaborates with other leaders in Internal Credit Review and relevant second line of defense risk and compliance functions to ensure the scope and frequency of audits are appropriate to the organizations risk profile.
• Guides and directs the Internal Audit team on automation and developing data analytics to support the audit plan.  
• Advises the VP Audit Services on strategies to enhance and streamline departmental operations, providing actionable recommendations for improvement.
• Oversees the creation and review of internal audit scopes and programs to ensure comprehensive coverage and effectiveness.
• Acts a thought leader in advancing Compeer’s risk management and internal control practices, promoting continuous improvement across all risk disciplines within business operations and business technology.
• Oversees and directs outsourced internal audit engagements conducted by third party vendors to ensure alignment with organizational goals and standards.

The skills and experience we prefer you have: 

• Bachelor’s degree in accounting or finance or related field (Master’s preferred).
• Expert level experience relevant to internal auditing in financial services.
• At least 5 years of relevant leadership experience in internal auditing in financial services.
• Certified Public Accountant, Certified Internal Auditor and other relevant certifications preferred.
• Expert knowledge of internal auditing standards and processes and controls.
• Knowledge of financial reporting, including Generally Accepted Accounting Principles a