Job Description
Job Overview
IRA Financial Trust is a leading self-directed IRA company that empowers individuals to take control of their retirement funds. We are seeking a dedicated and detail-oriented Internal Audit Specialist to join our team and contribute to the ongoing success of our compliance program. The Internal Audit Specialist at IRA Financial Trust plays a critical role in ensuring the company's adherence to compliance standards and regulations. This position reports directly to the Compliance Manager and is responsible for conducting compliance testing, reviewing procedures, and collaborating with various departments to maintain a robust compliance framework.
Job Structure Details
- On-Site
- Full Time
- Hourly/Non-exempt
- Monday-Friday Daytime 8-Hour Shift (30-Minute Paid Lunch Included), because we want your weekends free for your family and friends!
Benefits
- Health, Dental, Vision Insurance (Premium-Free Employee-Only Option Available)
- 401(k) Employer Contribution of 4%
- Paid Time, Sick Time, Volunteer Time and Birthday Time Off
- Parental Leave
- Catered lunch every Monday
- Monthly 15 minute massage
Responsibilities & Duties
- Compliance Testing and Reporting:
- Conduct period compliance testing based on established Trust procedures.
- Prepare comprehensive reports for the Compliance Manager, highlighting findings and recommendations.
- Risk Assessment:
- Assess company operations to identify potential compliance risks.
- Collaborate with relevant stakeholders to implement effective risk mitigation strategies.
- Remediation:
- Assist in the remediation of errors identified during compliance risk reviews.
- Work closely with departments to implement corrective actions and prevent future occurrences.
- Policy and Procedure Development:
- Develop and maintain current policies and procedures to ensure compliance with evolving regulations and laws.
- Regularly update documentation to reflect changes in the regulatory environment.
- Collaboration and Monitoring:
- Work closely with various departments to ensure proper monitoring mechanisms are in place.
- Foster a culture of compliance through effective communication and collaboration.
- Training Assistance and Continuous Learning:
- Assist Training Specialist in the development and delivery of training programs to ensure staff awareness and adherence to compliance standards.
- Stay up to date on Federal and State compliance requirements.
- Other Tasks as Assigned by Management:
- This is not an exhaustive list of all job duties you will carry out; other tasks will be assigned by management depending on company and departmental needs.
Qualifications & Requirements
•Bachelor’s Degree
•Experience in Compliance or Audit (preferred)
•Proficient in Microsoft Office
•Salesforce Experience (preferred)
•Strong verbal and written communication skills
•Organizational skills and attention to detail
•Ability to function in a fast-paced, at times stressful environment