Hello all: Some of you have already seen this and responded via email (thank you), but I am posting here on the forum too..... I am researching the area of compliance and trying to figure out how others have their credit unions set up with regards to internal audit handling compliance or having compliance officers. Our Credit Union added an Internal Auditor position (me) back in Sept. of 2009. We are small, but there is a need for someone to reel it in and focus some time on compliance. I know the BOD will not approve another position. There is no one else on our staff qualified to handle compliance. I have suggested that they send me to compliance school and make compliance a part of my position. I understand that I cannot audit myself on compliance, but it could be done externally to get around this. I am going to school regardless, but am wondering how many of you handle compliance within internal audit and if not, how is it handled?? Compliance officer, etc.??We are now at $93 million in assets with 3 branches. Thanks in advance for your time and input,Kim
April 1, 2011 - 12:08pm
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