SVP, Internal Audit & Controls

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity:

SVP, Internal Audit & Controls is responsible for overseeing the internal audit function, ensuring compliance, assessing risk, and strengthening governance. This role drives strategic audit planning, leads audit teams, evaluates internal controls, and reports functionally to the Audit Committee and administratively to the Chief Administrative Officer.

Day in the Life:

• Leads and  defines the function’s strategic direction for Internal Audit, aligning goals and plans with organizational objectives and governance standards.

• Fosters collaboration and strong partnerships across the organization, effectively influencing without authority, driving alignment and shared accountability.

• Serves as a proactive advisor to the business by offering risk-based perspectives, control design guidance, and process improvement insights, ensuring Internal Audit operates as a strategic partner that balances oversight with business enablement

• Develops, and monitors audit methodologies, procedures and systems; performs risk assessments and create annual audit plans.

• Conducts audits and evaluates risks, controls and processes related to financial data, compliance, and internal policies.

• Leads organization-wide adoption of audit findings and control improvements by preparing stakeholders for change, addressing resistance, and ensuring sustained progress on remediation plans.

• Oversees tracking, escalation, and testing of corrective actions, holding teams accountable for timely and effective resolution.  

• Collaborates with executives, external auditors, consultants, and key stakeholders across the organization to effectively influence company-wide business processes.

• Maintains compliance with evolving audit standards and regulations, implementing changes to methodology and process as needed.

• Prepares and presents audit findings and status reports to Executives and the Audit Committee.

• Provides leadership, coaching, inspiration, and development for Internal Audit team, nurturing a high-performing, inclusive, and engaged team culture.  

• Partners with process owners and IT to strengthen controls and mitigate risk.

• Coordinates efforts with external auditors and third parties, including, but not limited to IIA, AICPA, SOC1 and 2, PCI-DSS, VISA Operating Rules, ACH NACHA, and GDPR.

• Develops and oversees budgeting, performance analysis and evaluation, and forecasting for the function.

• Performs other duties as assigned.

Qualifications:

• Minimum of fifteen (15) years of relevant experience required, preferably in fintech or financial services.

• CPA, CIA, or CISA certification required

• Extensive knowledge and experience with SSAE18 auditing standards (SOC 1 & SOC 2), ACH Nacha, Visa/MasterCard Operating Rules. PCI-DSS, and third-party service provider standards.

• In-depth expertise in financial, operational, and technology auditing, including internal control frameworks (e.g., COSO, CoBIT, NIST, CIS).

• Proficiency with Governance, Risk, and Controls (GRC) software (LogicManager experience is a plus).

Education:

• Bachelor’s degree in accounting, finance, or related field required; Master’s in accounting or business administration preferred.

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here.  For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [email protected] for assistance.