Supervisory Committee - Volunteer Position

Supervisory Committee - Volunteer PositionAffinity Plus Federal Credit Union Supervisory Committee (Volunteer position)Overview:Appointed by the Board of Directors, the Supervisory Committee is composed of credit union member volunteers. The Committee ensures financial statements accurately represent the financial conditions of the credit union and that management has sound policies and procedures in place to safeguard member assets.Duties and Responsibilities:Select an accounting firm and sign the engagement letter for the Credit Union's annual financial auditParticipate in the NCUA exam annually as required by the regulatorOversee the Credit Union's internal audit program which may include the selection of an external firm to perform internal auditsReview and track all findings from the annual financial audit, NCUA exam and internal audit program to ensure successful remediation by managementOversee the inspection of securities, cash, and accounts of the credit union.Verify that adequate internal controls are established and effectively maintained to safeguard the Credit Union's assets and ensure sound operational processesParticipate in the Credit Union's annual meeting as required by regulation and requested by the Board of Directors (chair)Attend the monthly Board of Directors meeting and provide the Board of Directors a monthly report of Supervisory Committee activities (chair)Resolution of member complaints in partnership with managementCarry out all other duties as required by law, regulation, or the credit union's bylaws.Qualifications & Skills:Applicants must be at least 18 years old and an Affinity Plus member in good standingBackground in finance, accounting, auditing is helpful but not requiredAbility to understand and evaluate policies and proceduresAbility to review and evaluate audits and to understand and evaluate management's responsesExperience in reading, understanding and evaluating financial statements helpfulAbility to understand and evaluate information systems and security related issuesRemain informed on issues and agenda items in advance of meetingsAbility to both listen to other points of view and contribute own thoughtsBe receptive to the needs of the credit union's members, and represent the credit union to the public and to private industrySchedule:Will need to attend a monthly meeting - a mix of virtual and in-person in St. Paul, MNApplication Deadline:Applications to the volunteer Supervisory Committee position will close on Friday, May 22ndEqual Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.