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April 2016
Pittsburgh Chapter Newsletter
Whatrsquos Inside
Save the Date
Upcoming Events 2 IIA Anniversary Info 3 Event and Meeting Information 4-6 2016 Golf Outing 7 Student Presentation Contest 8 Data Analytics User Group 9 Members Only Webinars amp Conferences 10-12 e-Seminars 13 Newsletters 14-15 Presidentrsquos Corner 16 Members Helping The Chapter 17 Become a CIA 18 CIA Exam Prep 19 Welcome New Members 20 Spread the Word 21 Global Certifications 22 Advertising Rates 22 Profile Update Reminder 22 Job Opportunities 23-24 Officers Governors amp Committees 25
HAPPY ANNIVERSARY IIA
The IIA has supported internal auditors as key players in moving the profession forward over the last 75 years As the leading voice The IIA provides
guidance and training helping internal auditors respond proactively to new legislation emerging
practices technology and more The IIA will continue to support the role internal audit plays in advancing the profession for the next 75 years and
beyond
The IIA ndash Pittsburgh Chapter April 2016
2
Information on how to register for each of the events below will be communicated when registration opens Keep an
eye on upcoming newsletters and other communications from the Chapter
Year Date Topic CPE
2016
May 18 Annual Fraud Seminar [Sponsored by the IIA Schneider Downs amp ACFE] 7 hours
May 22 IIA Day at PNC Park with the Pirates -
June 6 Annual IIA Pittsburgh Golf Outing -
June Data Analytics User Group (Topics TBD)
September Hot Topic Seminar 2-4 hours
September Data Analytics User Group (Topics TBD)
October 4-7 Beginning Auditor Training Register now See below for additional details 32
October 23-30 Student Case Study written reports judged by internal and external auditors
November 5 Student Case Study Contest Oral presentation
November 9 75th
Anniversary of the IIIA
November 5
th Annual Accounting CPE Conference [Sponsored by Duquesne University amp
the IIA] 8 hours
December Data Analytics User Group (Topics TBD)
2017
May Annual Fraud Seminar [Sponsored by the IIA Schneider Downs amp ACFE] 6-8 hours
November 6
th Annual Accounting CPE Conference [Sponsored by Duquesne University amp
the IIA] 8 hours
Our Chapterrsquos Programming Committee works very hard to provide our members with affordable and effective CPE sessions and networking opportunities Please note that the information above is subject to change
SAVE THE DATE October 4-7 2016 Several IIA-sponsored training events to be held at the Regional Learning Alliance in Cranberry
Registration is OPEN NOW See the following link for additional event information and to register httpsnatheiiaorgtrainingseminarsPagesPittsburgh-Seminaraspx
Early Bird Pricing Available
October 4 ndash 5 2016 Analyzing amp Improving Business
Processes
Operational Auditing Influencing Positive Change
October 4 ndash 7 2016 Audit Manager Tools and
Techniques
Beginning Auditor Tools and Techniques
October 6 ndash 7 2016 Financial Auditing for Internal
Auditors
Fundamentals of IT Auditing
The IIA ndash Pittsburgh Chapter April 2016
3
HAPPY ANNIVERSARY IIA In 2016 The Institute of Internal Auditors Inc (The IIA) along with 161 Chapters and 105 Institutes worldwide
serving more than 180000 members will celebrate 75 years of advancing the profession of internal audit The IIA
was incorporated in New York City on November 17 1941 held their first meeting on December 8 1941 and we
are pleased to be celebrating The IIArsquos 75 anniversary at the 2016 International Conference July 17ndash20 2016 in
New York City NY
Over the past 75 years The IIA has grown to become the professionrsquos most widely recognized advocate
educator and provider of standards guidance and certifications Its globally recognized code of ethics and
International Standards for the Professional Practice of Internal Auditing (Standards) guide internal auditors
worldwide in carrying out their jobs Today The IIA serves more than 180000 members from more than 170
countries and territories
Watch for more highlights of the IIA in upcoming newsletters
To enhance our celebration we would like to invite our members to submit personal recollections
about the internal audit profession and their interactionmembership with The IIA and the chapter
Please share your stories which will be shared in upcoming newsletters
Please list your full name
Preferred email address where we can contact you for more information
How long have you been a member
How has being actively involved in your local chapter or The IIArsquos global network enhanced your career andor
professional development
How have the relationships that yoursquove established through your chapterThe IIA benefited you personally andor
professionally
For you what significance does belonging to your chapter hold
Why should new auditors consider membership
What value does your employer receive from your membership and your participation in local chapter activities
How has your membership helped you to be more connected to the profession of internal auditing
How has your membership helped you to be more knowledgeable
How has your membership helped you to be more confident
Please submit your completed form before May 25th 2016 to carolfreycostandcompliancecom
The IIA ndash Pittsburgh Chapter April 2016
4
The IIA Schneider Downs and ACFE present the fourth annual
FRAUD AND CORRUPTION
AWARENESS SEMINAR
MAY 18 2016
Registration 730 - 830 AM
Morning Program 830 AM - 1200 PM
Lunch 1200 - 100 PM
Afternoon Program 100 - 430 PM
Networking Reception 430 - 600 PM
CPE 7 CPEs
Other (Specialized Knowledge)
(qualifies as Fraud for CFEs) Location
DoubleTree by Hilton Green Tree
500 Mansfield Avenue Pittsburgh
Members $200
Non-Members $250
(Members include IIA ACFE Schneider
Downs Clients and ISACA)
Corporate Group Discount Available
For every 9 participants registered
10th participant is free Use code GROUP
at registration
Click on the following link to register
wwwetouchescomfraud2016
SEMINAR TOPICS bull The Wolf of Wall Street Gregory Coleman Former FBI Special Agent
bull White Collar Crime Scott Smith Special Agent in Charge
bull Conducting Fraud Interviews Don Rabon Former Deputy Director
North Carolina Justice Academy
bull Fraud in the Real World Thomas Claassen Schneider Downs Shareholder
FEATURED SPEAKERS
GREGORY COLEMAN FORMER FBI SPECIAL AGENT
Gregory Coleman is the FBI Special Agent responsible for the
criminal investigation of Jordan Belfort Belfortrsquos rise to power and
subsequent arrest and conviction were chronicled in the movie
ldquoThe Wolf of Wall Streetrdquo The movie was directed by Martin Scorsese and starred
Leonardo DiCaprio Mr Coleman was portrayed by Kyle Chandler
Mr Coleman recently retired from the FBI with over 25 years of experience
investigating financial crimes and money laundering Mr Coleman specialized in
complex stock market manipulation and international money laundering investigations
with a special emphasis on investigations where the proceeds of crime were
laundered using offshore shell corporations and bank accounts As the case agent in
charge of those investigations Mr Coleman was responsible for the overall direction
of all investigative activities including the tracing of illicit funds witness interviews
confidential source development and document analysis
SCOTT SMITH SPECIAL AGENT IN CHARGE PITTSBURGH DIVISION OF THE FBI
Mr Smith began his career as a special agent with the FBI in
January 1996 He was first assigned to the Cleveland Division
where he investigated violent crimes and general criminal
matters and served as a member of the Safe Streets Task Force
targeting local and Mexican drug trafficking organizations
After serving two tours in Iraq and working as the senior resident agent of the
Cleveland Divisionrsquos Toledo Sandusky and Lima Resident Agencies where he was
responsible for the FBIrsquos resources and counterterrorism investigations in 19
counties surrounding the three offices in April 2014 Mr Smith assumed his current
The IIA ndash Pittsburgh Chapter April 2016
5
FRAUD amp CORRUPTION AWARENESS SEMINAR
position of Special Agent in Charge of the Pittsburgh Division which includes oversight of all FBI operations in Western
Pennsylvania and the entire state of West Virginia Mr Smith is the Representative of the East Central Region of the Domestic
Director of National Intelligence Representative Program (DomDNIR) responsible for the geographic area of Western
Pennsylvania West Virginia Ohio and Kentucky As DomDNIR Representative Mr Smith represents the Director of National
Intelligence in the United States to senior field representatives of each Intelligence Community (IC) element leading the IC effort to
create a single IC enterprise integrating intelligence in defense of the homeland and in support of United States national security
interests at home and abroad
Mr Smith will be discussing how the Pittsburgh Division is organized the types of matters the FBI investigates including terrorism
counterintelligence cyber- crime weapons of mass destruction public corruption civil rights organized crime white collar crime and
violent crime and major thefts Mr Smith will focus on White-Collar Crime during the seminar
DON RABON FORMER NORTH CAROLINA JUSTICE ACADEMY Mr Rabon was named Association of Certified Fraud Examiners 2011 Speaker of the Year He is retired as the Deputy
Director Western Campus North Carolina Justice Academy Mr Rabon was the former Manager Investigations Center
of the North Carolina Justice Academy North Carolina Department of Justice He has law enforcement experience in
rural and municipal law enforcement Agencies and his instructional areas include Interviewing Detecting Deception
Rapport Building Interrogation Persuasion Audit Related Interviewing Investigations and Investigative Discourse
Analysis and Interviewing Generation ME
Mr Rabon received his AAS in Criminal Justice from Davidson County Community College and a BS in Criminal Justice
Administration from East Tennessee State University Mr Rabon has performed advanced studies at Eastern Kentucky University and
his military experience consists of three (3) years with the US Army
THOMAS G CLAASSEN SCHNEIDER DOWNS Tom has over 40 years of experience delivering accounting assurance and business advisory services to both public
and privately owned companies He oversees the delivery of the firmrsquos litigation support business valuation and
forensic accounting services Tom has testified as an expert witness in both federal and state courts His litigation
support experience includes evaluating damages in commercial litigation matters including breach-of-contract
business interruption and lost wage claims forensic investigations securities fraud matters bankruptcy matters and
valuing various business entities and interest Tom was also a Special Master for the US District Court of Western
Pennsylvania and he also serves as the financial trustee of special-purpose trusts established in connection with environmental cleanup
projects
Tom will discuss fraud risks which permeate through any organization as a result of the ldquoTone at the Toprdquo He will provide examples of
financial statement and other fraud schemes which went undetected for a long period of time as a result of an improper understanding
of the company risk ldquoprofilerdquo Tom will also discuss the changing skill set necessary to effectively function in the roles of a risk
management professional and forensic accountant or examiner
REGISTER AT WWWETOUCHESCOMFRAUD2016
For questions related to this event please refer to the FAQ document All other questions can be directed to Dawna
Fisher at dawnafisherfhlb-pghcom or (412) 288-7328
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
2
Information on how to register for each of the events below will be communicated when registration opens Keep an
eye on upcoming newsletters and other communications from the Chapter
Year Date Topic CPE
2016
May 18 Annual Fraud Seminar [Sponsored by the IIA Schneider Downs amp ACFE] 7 hours
May 22 IIA Day at PNC Park with the Pirates -
June 6 Annual IIA Pittsburgh Golf Outing -
June Data Analytics User Group (Topics TBD)
September Hot Topic Seminar 2-4 hours
September Data Analytics User Group (Topics TBD)
October 4-7 Beginning Auditor Training Register now See below for additional details 32
October 23-30 Student Case Study written reports judged by internal and external auditors
November 5 Student Case Study Contest Oral presentation
November 9 75th
Anniversary of the IIIA
November 5
th Annual Accounting CPE Conference [Sponsored by Duquesne University amp
the IIA] 8 hours
December Data Analytics User Group (Topics TBD)
2017
May Annual Fraud Seminar [Sponsored by the IIA Schneider Downs amp ACFE] 6-8 hours
November 6
th Annual Accounting CPE Conference [Sponsored by Duquesne University amp
the IIA] 8 hours
Our Chapterrsquos Programming Committee works very hard to provide our members with affordable and effective CPE sessions and networking opportunities Please note that the information above is subject to change
SAVE THE DATE October 4-7 2016 Several IIA-sponsored training events to be held at the Regional Learning Alliance in Cranberry
Registration is OPEN NOW See the following link for additional event information and to register httpsnatheiiaorgtrainingseminarsPagesPittsburgh-Seminaraspx
Early Bird Pricing Available
October 4 ndash 5 2016 Analyzing amp Improving Business
Processes
Operational Auditing Influencing Positive Change
October 4 ndash 7 2016 Audit Manager Tools and
Techniques
Beginning Auditor Tools and Techniques
October 6 ndash 7 2016 Financial Auditing for Internal
Auditors
Fundamentals of IT Auditing
The IIA ndash Pittsburgh Chapter April 2016
3
HAPPY ANNIVERSARY IIA In 2016 The Institute of Internal Auditors Inc (The IIA) along with 161 Chapters and 105 Institutes worldwide
serving more than 180000 members will celebrate 75 years of advancing the profession of internal audit The IIA
was incorporated in New York City on November 17 1941 held their first meeting on December 8 1941 and we
are pleased to be celebrating The IIArsquos 75 anniversary at the 2016 International Conference July 17ndash20 2016 in
New York City NY
Over the past 75 years The IIA has grown to become the professionrsquos most widely recognized advocate
educator and provider of standards guidance and certifications Its globally recognized code of ethics and
International Standards for the Professional Practice of Internal Auditing (Standards) guide internal auditors
worldwide in carrying out their jobs Today The IIA serves more than 180000 members from more than 170
countries and territories
Watch for more highlights of the IIA in upcoming newsletters
To enhance our celebration we would like to invite our members to submit personal recollections
about the internal audit profession and their interactionmembership with The IIA and the chapter
Please share your stories which will be shared in upcoming newsletters
Please list your full name
Preferred email address where we can contact you for more information
How long have you been a member
How has being actively involved in your local chapter or The IIArsquos global network enhanced your career andor
professional development
How have the relationships that yoursquove established through your chapterThe IIA benefited you personally andor
professionally
For you what significance does belonging to your chapter hold
Why should new auditors consider membership
What value does your employer receive from your membership and your participation in local chapter activities
How has your membership helped you to be more connected to the profession of internal auditing
How has your membership helped you to be more knowledgeable
How has your membership helped you to be more confident
Please submit your completed form before May 25th 2016 to carolfreycostandcompliancecom
The IIA ndash Pittsburgh Chapter April 2016
4
The IIA Schneider Downs and ACFE present the fourth annual
FRAUD AND CORRUPTION
AWARENESS SEMINAR
MAY 18 2016
Registration 730 - 830 AM
Morning Program 830 AM - 1200 PM
Lunch 1200 - 100 PM
Afternoon Program 100 - 430 PM
Networking Reception 430 - 600 PM
CPE 7 CPEs
Other (Specialized Knowledge)
(qualifies as Fraud for CFEs) Location
DoubleTree by Hilton Green Tree
500 Mansfield Avenue Pittsburgh
Members $200
Non-Members $250
(Members include IIA ACFE Schneider
Downs Clients and ISACA)
Corporate Group Discount Available
For every 9 participants registered
10th participant is free Use code GROUP
at registration
Click on the following link to register
wwwetouchescomfraud2016
SEMINAR TOPICS bull The Wolf of Wall Street Gregory Coleman Former FBI Special Agent
bull White Collar Crime Scott Smith Special Agent in Charge
bull Conducting Fraud Interviews Don Rabon Former Deputy Director
North Carolina Justice Academy
bull Fraud in the Real World Thomas Claassen Schneider Downs Shareholder
FEATURED SPEAKERS
GREGORY COLEMAN FORMER FBI SPECIAL AGENT
Gregory Coleman is the FBI Special Agent responsible for the
criminal investigation of Jordan Belfort Belfortrsquos rise to power and
subsequent arrest and conviction were chronicled in the movie
ldquoThe Wolf of Wall Streetrdquo The movie was directed by Martin Scorsese and starred
Leonardo DiCaprio Mr Coleman was portrayed by Kyle Chandler
Mr Coleman recently retired from the FBI with over 25 years of experience
investigating financial crimes and money laundering Mr Coleman specialized in
complex stock market manipulation and international money laundering investigations
with a special emphasis on investigations where the proceeds of crime were
laundered using offshore shell corporations and bank accounts As the case agent in
charge of those investigations Mr Coleman was responsible for the overall direction
of all investigative activities including the tracing of illicit funds witness interviews
confidential source development and document analysis
SCOTT SMITH SPECIAL AGENT IN CHARGE PITTSBURGH DIVISION OF THE FBI
Mr Smith began his career as a special agent with the FBI in
January 1996 He was first assigned to the Cleveland Division
where he investigated violent crimes and general criminal
matters and served as a member of the Safe Streets Task Force
targeting local and Mexican drug trafficking organizations
After serving two tours in Iraq and working as the senior resident agent of the
Cleveland Divisionrsquos Toledo Sandusky and Lima Resident Agencies where he was
responsible for the FBIrsquos resources and counterterrorism investigations in 19
counties surrounding the three offices in April 2014 Mr Smith assumed his current
The IIA ndash Pittsburgh Chapter April 2016
5
FRAUD amp CORRUPTION AWARENESS SEMINAR
position of Special Agent in Charge of the Pittsburgh Division which includes oversight of all FBI operations in Western
Pennsylvania and the entire state of West Virginia Mr Smith is the Representative of the East Central Region of the Domestic
Director of National Intelligence Representative Program (DomDNIR) responsible for the geographic area of Western
Pennsylvania West Virginia Ohio and Kentucky As DomDNIR Representative Mr Smith represents the Director of National
Intelligence in the United States to senior field representatives of each Intelligence Community (IC) element leading the IC effort to
create a single IC enterprise integrating intelligence in defense of the homeland and in support of United States national security
interests at home and abroad
Mr Smith will be discussing how the Pittsburgh Division is organized the types of matters the FBI investigates including terrorism
counterintelligence cyber- crime weapons of mass destruction public corruption civil rights organized crime white collar crime and
violent crime and major thefts Mr Smith will focus on White-Collar Crime during the seminar
DON RABON FORMER NORTH CAROLINA JUSTICE ACADEMY Mr Rabon was named Association of Certified Fraud Examiners 2011 Speaker of the Year He is retired as the Deputy
Director Western Campus North Carolina Justice Academy Mr Rabon was the former Manager Investigations Center
of the North Carolina Justice Academy North Carolina Department of Justice He has law enforcement experience in
rural and municipal law enforcement Agencies and his instructional areas include Interviewing Detecting Deception
Rapport Building Interrogation Persuasion Audit Related Interviewing Investigations and Investigative Discourse
Analysis and Interviewing Generation ME
Mr Rabon received his AAS in Criminal Justice from Davidson County Community College and a BS in Criminal Justice
Administration from East Tennessee State University Mr Rabon has performed advanced studies at Eastern Kentucky University and
his military experience consists of three (3) years with the US Army
THOMAS G CLAASSEN SCHNEIDER DOWNS Tom has over 40 years of experience delivering accounting assurance and business advisory services to both public
and privately owned companies He oversees the delivery of the firmrsquos litigation support business valuation and
forensic accounting services Tom has testified as an expert witness in both federal and state courts His litigation
support experience includes evaluating damages in commercial litigation matters including breach-of-contract
business interruption and lost wage claims forensic investigations securities fraud matters bankruptcy matters and
valuing various business entities and interest Tom was also a Special Master for the US District Court of Western
Pennsylvania and he also serves as the financial trustee of special-purpose trusts established in connection with environmental cleanup
projects
Tom will discuss fraud risks which permeate through any organization as a result of the ldquoTone at the Toprdquo He will provide examples of
financial statement and other fraud schemes which went undetected for a long period of time as a result of an improper understanding
of the company risk ldquoprofilerdquo Tom will also discuss the changing skill set necessary to effectively function in the roles of a risk
management professional and forensic accountant or examiner
REGISTER AT WWWETOUCHESCOMFRAUD2016
For questions related to this event please refer to the FAQ document All other questions can be directed to Dawna
Fisher at dawnafisherfhlb-pghcom or (412) 288-7328
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
3
HAPPY ANNIVERSARY IIA In 2016 The Institute of Internal Auditors Inc (The IIA) along with 161 Chapters and 105 Institutes worldwide
serving more than 180000 members will celebrate 75 years of advancing the profession of internal audit The IIA
was incorporated in New York City on November 17 1941 held their first meeting on December 8 1941 and we
are pleased to be celebrating The IIArsquos 75 anniversary at the 2016 International Conference July 17ndash20 2016 in
New York City NY
Over the past 75 years The IIA has grown to become the professionrsquos most widely recognized advocate
educator and provider of standards guidance and certifications Its globally recognized code of ethics and
International Standards for the Professional Practice of Internal Auditing (Standards) guide internal auditors
worldwide in carrying out their jobs Today The IIA serves more than 180000 members from more than 170
countries and territories
Watch for more highlights of the IIA in upcoming newsletters
To enhance our celebration we would like to invite our members to submit personal recollections
about the internal audit profession and their interactionmembership with The IIA and the chapter
Please share your stories which will be shared in upcoming newsletters
Please list your full name
Preferred email address where we can contact you for more information
How long have you been a member
How has being actively involved in your local chapter or The IIArsquos global network enhanced your career andor
professional development
How have the relationships that yoursquove established through your chapterThe IIA benefited you personally andor
professionally
For you what significance does belonging to your chapter hold
Why should new auditors consider membership
What value does your employer receive from your membership and your participation in local chapter activities
How has your membership helped you to be more connected to the profession of internal auditing
How has your membership helped you to be more knowledgeable
How has your membership helped you to be more confident
Please submit your completed form before May 25th 2016 to carolfreycostandcompliancecom
The IIA ndash Pittsburgh Chapter April 2016
4
The IIA Schneider Downs and ACFE present the fourth annual
FRAUD AND CORRUPTION
AWARENESS SEMINAR
MAY 18 2016
Registration 730 - 830 AM
Morning Program 830 AM - 1200 PM
Lunch 1200 - 100 PM
Afternoon Program 100 - 430 PM
Networking Reception 430 - 600 PM
CPE 7 CPEs
Other (Specialized Knowledge)
(qualifies as Fraud for CFEs) Location
DoubleTree by Hilton Green Tree
500 Mansfield Avenue Pittsburgh
Members $200
Non-Members $250
(Members include IIA ACFE Schneider
Downs Clients and ISACA)
Corporate Group Discount Available
For every 9 participants registered
10th participant is free Use code GROUP
at registration
Click on the following link to register
wwwetouchescomfraud2016
SEMINAR TOPICS bull The Wolf of Wall Street Gregory Coleman Former FBI Special Agent
bull White Collar Crime Scott Smith Special Agent in Charge
bull Conducting Fraud Interviews Don Rabon Former Deputy Director
North Carolina Justice Academy
bull Fraud in the Real World Thomas Claassen Schneider Downs Shareholder
FEATURED SPEAKERS
GREGORY COLEMAN FORMER FBI SPECIAL AGENT
Gregory Coleman is the FBI Special Agent responsible for the
criminal investigation of Jordan Belfort Belfortrsquos rise to power and
subsequent arrest and conviction were chronicled in the movie
ldquoThe Wolf of Wall Streetrdquo The movie was directed by Martin Scorsese and starred
Leonardo DiCaprio Mr Coleman was portrayed by Kyle Chandler
Mr Coleman recently retired from the FBI with over 25 years of experience
investigating financial crimes and money laundering Mr Coleman specialized in
complex stock market manipulation and international money laundering investigations
with a special emphasis on investigations where the proceeds of crime were
laundered using offshore shell corporations and bank accounts As the case agent in
charge of those investigations Mr Coleman was responsible for the overall direction
of all investigative activities including the tracing of illicit funds witness interviews
confidential source development and document analysis
SCOTT SMITH SPECIAL AGENT IN CHARGE PITTSBURGH DIVISION OF THE FBI
Mr Smith began his career as a special agent with the FBI in
January 1996 He was first assigned to the Cleveland Division
where he investigated violent crimes and general criminal
matters and served as a member of the Safe Streets Task Force
targeting local and Mexican drug trafficking organizations
After serving two tours in Iraq and working as the senior resident agent of the
Cleveland Divisionrsquos Toledo Sandusky and Lima Resident Agencies where he was
responsible for the FBIrsquos resources and counterterrorism investigations in 19
counties surrounding the three offices in April 2014 Mr Smith assumed his current
The IIA ndash Pittsburgh Chapter April 2016
5
FRAUD amp CORRUPTION AWARENESS SEMINAR
position of Special Agent in Charge of the Pittsburgh Division which includes oversight of all FBI operations in Western
Pennsylvania and the entire state of West Virginia Mr Smith is the Representative of the East Central Region of the Domestic
Director of National Intelligence Representative Program (DomDNIR) responsible for the geographic area of Western
Pennsylvania West Virginia Ohio and Kentucky As DomDNIR Representative Mr Smith represents the Director of National
Intelligence in the United States to senior field representatives of each Intelligence Community (IC) element leading the IC effort to
create a single IC enterprise integrating intelligence in defense of the homeland and in support of United States national security
interests at home and abroad
Mr Smith will be discussing how the Pittsburgh Division is organized the types of matters the FBI investigates including terrorism
counterintelligence cyber- crime weapons of mass destruction public corruption civil rights organized crime white collar crime and
violent crime and major thefts Mr Smith will focus on White-Collar Crime during the seminar
DON RABON FORMER NORTH CAROLINA JUSTICE ACADEMY Mr Rabon was named Association of Certified Fraud Examiners 2011 Speaker of the Year He is retired as the Deputy
Director Western Campus North Carolina Justice Academy Mr Rabon was the former Manager Investigations Center
of the North Carolina Justice Academy North Carolina Department of Justice He has law enforcement experience in
rural and municipal law enforcement Agencies and his instructional areas include Interviewing Detecting Deception
Rapport Building Interrogation Persuasion Audit Related Interviewing Investigations and Investigative Discourse
Analysis and Interviewing Generation ME
Mr Rabon received his AAS in Criminal Justice from Davidson County Community College and a BS in Criminal Justice
Administration from East Tennessee State University Mr Rabon has performed advanced studies at Eastern Kentucky University and
his military experience consists of three (3) years with the US Army
THOMAS G CLAASSEN SCHNEIDER DOWNS Tom has over 40 years of experience delivering accounting assurance and business advisory services to both public
and privately owned companies He oversees the delivery of the firmrsquos litigation support business valuation and
forensic accounting services Tom has testified as an expert witness in both federal and state courts His litigation
support experience includes evaluating damages in commercial litigation matters including breach-of-contract
business interruption and lost wage claims forensic investigations securities fraud matters bankruptcy matters and
valuing various business entities and interest Tom was also a Special Master for the US District Court of Western
Pennsylvania and he also serves as the financial trustee of special-purpose trusts established in connection with environmental cleanup
projects
Tom will discuss fraud risks which permeate through any organization as a result of the ldquoTone at the Toprdquo He will provide examples of
financial statement and other fraud schemes which went undetected for a long period of time as a result of an improper understanding
of the company risk ldquoprofilerdquo Tom will also discuss the changing skill set necessary to effectively function in the roles of a risk
management professional and forensic accountant or examiner
REGISTER AT WWWETOUCHESCOMFRAUD2016
For questions related to this event please refer to the FAQ document All other questions can be directed to Dawna
Fisher at dawnafisherfhlb-pghcom or (412) 288-7328
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
4
The IIA Schneider Downs and ACFE present the fourth annual
FRAUD AND CORRUPTION
AWARENESS SEMINAR
MAY 18 2016
Registration 730 - 830 AM
Morning Program 830 AM - 1200 PM
Lunch 1200 - 100 PM
Afternoon Program 100 - 430 PM
Networking Reception 430 - 600 PM
CPE 7 CPEs
Other (Specialized Knowledge)
(qualifies as Fraud for CFEs) Location
DoubleTree by Hilton Green Tree
500 Mansfield Avenue Pittsburgh
Members $200
Non-Members $250
(Members include IIA ACFE Schneider
Downs Clients and ISACA)
Corporate Group Discount Available
For every 9 participants registered
10th participant is free Use code GROUP
at registration
Click on the following link to register
wwwetouchescomfraud2016
SEMINAR TOPICS bull The Wolf of Wall Street Gregory Coleman Former FBI Special Agent
bull White Collar Crime Scott Smith Special Agent in Charge
bull Conducting Fraud Interviews Don Rabon Former Deputy Director
North Carolina Justice Academy
bull Fraud in the Real World Thomas Claassen Schneider Downs Shareholder
FEATURED SPEAKERS
GREGORY COLEMAN FORMER FBI SPECIAL AGENT
Gregory Coleman is the FBI Special Agent responsible for the
criminal investigation of Jordan Belfort Belfortrsquos rise to power and
subsequent arrest and conviction were chronicled in the movie
ldquoThe Wolf of Wall Streetrdquo The movie was directed by Martin Scorsese and starred
Leonardo DiCaprio Mr Coleman was portrayed by Kyle Chandler
Mr Coleman recently retired from the FBI with over 25 years of experience
investigating financial crimes and money laundering Mr Coleman specialized in
complex stock market manipulation and international money laundering investigations
with a special emphasis on investigations where the proceeds of crime were
laundered using offshore shell corporations and bank accounts As the case agent in
charge of those investigations Mr Coleman was responsible for the overall direction
of all investigative activities including the tracing of illicit funds witness interviews
confidential source development and document analysis
SCOTT SMITH SPECIAL AGENT IN CHARGE PITTSBURGH DIVISION OF THE FBI
Mr Smith began his career as a special agent with the FBI in
January 1996 He was first assigned to the Cleveland Division
where he investigated violent crimes and general criminal
matters and served as a member of the Safe Streets Task Force
targeting local and Mexican drug trafficking organizations
After serving two tours in Iraq and working as the senior resident agent of the
Cleveland Divisionrsquos Toledo Sandusky and Lima Resident Agencies where he was
responsible for the FBIrsquos resources and counterterrorism investigations in 19
counties surrounding the three offices in April 2014 Mr Smith assumed his current
The IIA ndash Pittsburgh Chapter April 2016
5
FRAUD amp CORRUPTION AWARENESS SEMINAR
position of Special Agent in Charge of the Pittsburgh Division which includes oversight of all FBI operations in Western
Pennsylvania and the entire state of West Virginia Mr Smith is the Representative of the East Central Region of the Domestic
Director of National Intelligence Representative Program (DomDNIR) responsible for the geographic area of Western
Pennsylvania West Virginia Ohio and Kentucky As DomDNIR Representative Mr Smith represents the Director of National
Intelligence in the United States to senior field representatives of each Intelligence Community (IC) element leading the IC effort to
create a single IC enterprise integrating intelligence in defense of the homeland and in support of United States national security
interests at home and abroad
Mr Smith will be discussing how the Pittsburgh Division is organized the types of matters the FBI investigates including terrorism
counterintelligence cyber- crime weapons of mass destruction public corruption civil rights organized crime white collar crime and
violent crime and major thefts Mr Smith will focus on White-Collar Crime during the seminar
DON RABON FORMER NORTH CAROLINA JUSTICE ACADEMY Mr Rabon was named Association of Certified Fraud Examiners 2011 Speaker of the Year He is retired as the Deputy
Director Western Campus North Carolina Justice Academy Mr Rabon was the former Manager Investigations Center
of the North Carolina Justice Academy North Carolina Department of Justice He has law enforcement experience in
rural and municipal law enforcement Agencies and his instructional areas include Interviewing Detecting Deception
Rapport Building Interrogation Persuasion Audit Related Interviewing Investigations and Investigative Discourse
Analysis and Interviewing Generation ME
Mr Rabon received his AAS in Criminal Justice from Davidson County Community College and a BS in Criminal Justice
Administration from East Tennessee State University Mr Rabon has performed advanced studies at Eastern Kentucky University and
his military experience consists of three (3) years with the US Army
THOMAS G CLAASSEN SCHNEIDER DOWNS Tom has over 40 years of experience delivering accounting assurance and business advisory services to both public
and privately owned companies He oversees the delivery of the firmrsquos litigation support business valuation and
forensic accounting services Tom has testified as an expert witness in both federal and state courts His litigation
support experience includes evaluating damages in commercial litigation matters including breach-of-contract
business interruption and lost wage claims forensic investigations securities fraud matters bankruptcy matters and
valuing various business entities and interest Tom was also a Special Master for the US District Court of Western
Pennsylvania and he also serves as the financial trustee of special-purpose trusts established in connection with environmental cleanup
projects
Tom will discuss fraud risks which permeate through any organization as a result of the ldquoTone at the Toprdquo He will provide examples of
financial statement and other fraud schemes which went undetected for a long period of time as a result of an improper understanding
of the company risk ldquoprofilerdquo Tom will also discuss the changing skill set necessary to effectively function in the roles of a risk
management professional and forensic accountant or examiner
REGISTER AT WWWETOUCHESCOMFRAUD2016
For questions related to this event please refer to the FAQ document All other questions can be directed to Dawna
Fisher at dawnafisherfhlb-pghcom or (412) 288-7328
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
5
FRAUD amp CORRUPTION AWARENESS SEMINAR
position of Special Agent in Charge of the Pittsburgh Division which includes oversight of all FBI operations in Western
Pennsylvania and the entire state of West Virginia Mr Smith is the Representative of the East Central Region of the Domestic
Director of National Intelligence Representative Program (DomDNIR) responsible for the geographic area of Western
Pennsylvania West Virginia Ohio and Kentucky As DomDNIR Representative Mr Smith represents the Director of National
Intelligence in the United States to senior field representatives of each Intelligence Community (IC) element leading the IC effort to
create a single IC enterprise integrating intelligence in defense of the homeland and in support of United States national security
interests at home and abroad
Mr Smith will be discussing how the Pittsburgh Division is organized the types of matters the FBI investigates including terrorism
counterintelligence cyber- crime weapons of mass destruction public corruption civil rights organized crime white collar crime and
violent crime and major thefts Mr Smith will focus on White-Collar Crime during the seminar
DON RABON FORMER NORTH CAROLINA JUSTICE ACADEMY Mr Rabon was named Association of Certified Fraud Examiners 2011 Speaker of the Year He is retired as the Deputy
Director Western Campus North Carolina Justice Academy Mr Rabon was the former Manager Investigations Center
of the North Carolina Justice Academy North Carolina Department of Justice He has law enforcement experience in
rural and municipal law enforcement Agencies and his instructional areas include Interviewing Detecting Deception
Rapport Building Interrogation Persuasion Audit Related Interviewing Investigations and Investigative Discourse
Analysis and Interviewing Generation ME
Mr Rabon received his AAS in Criminal Justice from Davidson County Community College and a BS in Criminal Justice
Administration from East Tennessee State University Mr Rabon has performed advanced studies at Eastern Kentucky University and
his military experience consists of three (3) years with the US Army
THOMAS G CLAASSEN SCHNEIDER DOWNS Tom has over 40 years of experience delivering accounting assurance and business advisory services to both public
and privately owned companies He oversees the delivery of the firmrsquos litigation support business valuation and
forensic accounting services Tom has testified as an expert witness in both federal and state courts His litigation
support experience includes evaluating damages in commercial litigation matters including breach-of-contract
business interruption and lost wage claims forensic investigations securities fraud matters bankruptcy matters and
valuing various business entities and interest Tom was also a Special Master for the US District Court of Western
Pennsylvania and he also serves as the financial trustee of special-purpose trusts established in connection with environmental cleanup
projects
Tom will discuss fraud risks which permeate through any organization as a result of the ldquoTone at the Toprdquo He will provide examples of
financial statement and other fraud schemes which went undetected for a long period of time as a result of an improper understanding
of the company risk ldquoprofilerdquo Tom will also discuss the changing skill set necessary to effectively function in the roles of a risk
management professional and forensic accountant or examiner
REGISTER AT WWWETOUCHESCOMFRAUD2016
For questions related to this event please refer to the FAQ document All other questions can be directed to Dawna
Fisher at dawnafisherfhlb-pghcom or (412) 288-7328
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
6
IIA DAY AT PNC PARK
International Internal Auditor Awareness Month
The Pittsburgh Chapter of the IIA invites you and your guests for an afternoon at PNC Park to watch the Pirates Please join us for a fun
afternoon get to know other IIA members and enjoy the game
Sunday May 22 2016 at 135 PM
We are pleased to announce the Board of
Governors approved additional funds for this
event since tickets sold out so quickly As
noted in the email yesterday limited
additional tickets can be purchased using the
link below
Limit 5 tickets per member
EXTRA FUN Sundays are Kids Days at PNC Park Check out the fun and games at the Family Fun Zone
on Federal Street from 11am-1pm Fans ages 14 and under will also receive a Kids Portable Speaker
Use the following link to register httpwwwetouchescompirates16moretix
HOT OFF THE
PRESSES
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
7
2016 IIA ndash Pittsburgh Chapter Golf Outing
As we wrap up another great year of chapter programming please join us for one of our favorite annual social events We hope to see you on Monday June 6th for a day of golf prizes and fun The outing follows a four-person scramble format Participants
may register as individual participants (well pair you up) or teams of two three or four
The IIA Pittsburgh chapters annual golf outing is a fun way to network with other internal audit professionals and makes for a great team-building event
REGISTER NOW httpwwwetouchescomgolf2016
EVENT DETAILS
Date Monday June 6 2016
Location Cranberry Highlands Golf Course (Cranberry Township PA)
Breakfast amp Registration 800 am - 900 am
Shotgun Start 900 am
Cost $12500 per person
Price includes 18 holes of golf cart rental breakfast dinner beverages bucket of range balls amp entry for door prize drawing
SPONSORSHIP OPPORTUNITIES
Companies are encouraged to donate prizes or sponsor holes or contests (we are flexible) The more companies donate or sponsor the better the golf outing We need your help to make this another great year Simply select the prize or sponsorship options when you complete your registration or contact Lew Fortwangler at (lfortwanglerfederatedinvcom) for more information
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
8
IIA Presentation Contest Topics for University and College Students
Team Awards - First place presentation - $500 Second place - $350 and Third Place $150
1st Place Winners
Point Park University
Presentation Topic Conduct Interviews with 3 IIA Professionals on Audit
Risks Size and Structure of Audit Dept Current Projects and Continuous
Auditing Processes
Students Perry Ninne Destiny Medina Abby Wohlfarth Gabriel Dubin Julia
Grubbs
2nd Place Winners
University of Pittsburgh
Presentation Topic Explain the Role of the Audit Committee
with Internal Audit
Students Liu Ruixingchen Ke Yu Sarah Zwiener Liu Xiaolin
3rd Place Winners
Duquesne University
Presentation Topic Identify Fraud Risks
Students Nicole Casuccio Ashley Horvath Katrina Koufidakis
CONGRATULATIONS
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
9
Data Analytics User Group
The Data Analytics User Group is newly formed group with the Pittsburgh Chapter of the IIA The group
is made of audit professionals who are willing to share successes and overcome challenges regarding the
use of data analytics in a roundtable format
In order to appeal to the broadest group possible the focus is not on a specific product (eg ACL Idea and
Microsoft Excel) Those that are considering data analytics as well as those that are experts are
encouraged and welcomed to participate in the interest of furthering data analytics usage within the
Pittsburgh Chapter
The next meeting of the Data Analytics User Group will be in June 2016 Interested parties should e-mail
Travis Hudson at Thudsonfederatedinvcom to attend the session Additional information will follow
after the RSVP
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
10
Enhance Your Skills With Internal Audit Courses In Your Area
Pittsburgh ndash Oct 4ndash7
Analyzing amp Improving Business Processes
Audit Manager Tools and Techniques
Beginning Auditor Tools and Techniques
Financial Auditing for Internal Auditors
Fundamentals of IT Auditing
Operational Auditing Influencing Positive Change
Register before Aug 19 to save
Boston ndash May 24ndash27
Assessing Risk Ensuring Internal Audits Value
Audit Report Writing
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Control Self-assessment An Introduction
Control Self-assessment Facilitation Skills
NEW Enterprise Risk Management Elements of the Process
Financial Auditing for Internal Auditors
Register before April 8 to save
New York ndash April 12ndash15
To celebrate The IIArsquos 75th anniversary iconic location receive US$250 off a 4 day course and US$150 off a 2-day course in the New York Seminar April 12ndash15
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
COSO Internal Control Certificate
Critical Thinking for Internal Auditors
Leadership Skills for Auditors
Operational Auditing Influencing Positive Change
Risk Based Auditing A Value Add Proposition
The Effective Auditor Understanding and Applying Emotional Intelligence
Please call +1-407-937-1111 to register and receive discount
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
11
New York ndash Dec 13ndash16
Assessing Risk Ensuring Internal Auditrsquos Value
Auditing Derivative Strategies
Auditing Investment Activities
Auditor-in-charge Tools and Techniques
Beginning Auditor Tools and Techniques
Construction Activity Audit Strategies
Control Self-assessment Facilitation Skills
NEW COSO Internal Control Certificate
Data Analysis and Sampling
Financial Auditing for Internal Auditors
NEW Logging In Auditing Cybersecurity in an Unsecure World
Risk Based Auditing A Value Add Proposition
Register before Oct 28 to save
Upcoming eSeminar Courses
April 4ndash27ndash CIA Learning System Comprehensive Instructor-led Course mdash Part 2
April 5ndash14 ndash Assessing Risk Ensuring Internal Auditrsquos Value
April 19ndash28 ndash NEW Enterprise Risk Management Elements of the Process
View All eSeminars
Members-only Webinar
The Evolution of Internal Auditing Assure Advise Anticipate
April 19
Referencing results of a current global Deloitte
Touche Tohmatsu survey of chief audit executives this webinar will address observations of current and future trends in the internal audit profession
IIA Specialty Centers and Groups also offer training for CAEs financial services public sector and gaming Please call +1-407-937-1111 to receive discount Offer applies to Regular Member and Nonmember pricing for new registrations only Offer
applies to all courses offered in the New York City Seminar except the COSO Internal Control Certificate program This offer cannot be combined with any other offer
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
12
Members-only Webinars The IIAs complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment These monthly educational webinars are developed specifically with IIA members in mind
Upcoming IIA Webinars
19-April-2016 The Evolution of Internal Auditing Assure Advise Anticipate 17-May-2016 Preparing for a Successful External Quality Assessment 21-June-2016 The Uncharted Territory of Auditing an Organizationrsquos Culture 12-July -2016 Maximizing the Value of the ldquoThree Lines of Defenserdquo 16-August-2016 Data Analytics ndash Maximizing Value for Internal Audit
Upcoming Financial Services Webinars On-Site Training - Featured Training
Auditing Contracts Auditing that Pays Contracts and contracting are a way of life for most large
organizations Organizations are relying on third parties more than ever in areas such as consulting
technology real estate security maintenance construction joint ventures benefits administration
and advertising Many organizations have found their controls over contracting activity and contractor
payments have not been sufficient to protect them from erroneous billing and performance problems
This course explores the challenges contracting presents and how auditors can help management
address those challenges in todays world Some well-established contract audit functions recover
more than the cost of the entire audit department by identifying overcharges performance issues and
revenues not collected Perhaps even more important are the lessons learned that lead to
improvement in contract management practices
Discounted Airfare to IIA Conferences is Available
Please see the Training amp Events FAQ on the IIA website for information on discounted airfare
Please visit the Pittsburgh Chapter IIA website for other membersrsquo only features
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
13
Quick Tip
Congratulations yoursquove registered for an upcoming chapter event Canrsquot attend Want to send a substitute Need to change your payment method New email address No need to fear etouches is here Please note our cancellation policy is typically included on the invoice as it differs for each event Some events have no cancellation policy while others require cancellation 2 weeks prior to the event Etouches our event management tool makes it simple for you to update your registration information Simply navigate to the event URL select modify registration enter your email addressreference number and make your changes While in your registration record you can even printemail or PDF you invoice and receipt Stay tuned next month for more tips and tricks
Many of our chapter members have taken advantage of The IIAs live training and seminars Did you know that The IIA also offers several e-Seminars that can be taken remotely Check out some of the upcoming offerings
Upcoming e-Seminar courses
April 5-14 2016 Assessing Risk Ensuring Internal Auditrsquos Value April 19-28 2016 Enterprise Risk Management Elements of the Process May 2-11 2016 Audit Report Writing May 3-12 2016 Operational Auditing Influencing Positive Change May 16-18 2016 Operational Auditing Evaluating Procurement and Sourcing
Read Richard Chambers Latest Blog From Trusted Adviser to Double Agent Are
Regulators Trying to Redefine Internal Audit
httpsiaonlinetheiiaorgblogschambers2015from-
trusted-adviser-to-double-agent-are-regulators-trying-to-redefine-internal-audit
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
14
Newsletters The IIA offers a wide variety of publications providing up-to-date news and information about various sectors of the internal
audit profession Please take a few minutes to review our free and subscription-based publications
(Free to the public) IIA SmartBrief provides a weekly snapshot of market news and issues affecting internal auditors and their
stakeholders from leading global news sources SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting the profession straight to our membersrsquo email inboxes Learn more
Your Career Compass is The IIArsquos newest publication to support our membersrsquo internal audit career growth with the latest knowledge
tools and resources available Members receive the 44 to 52-page guide four times a year in print with Ia magazine and a monthly
eNewsletter with tips and guidance on training education and knowledge sharing focused on specific topics and issues This publication
has replaced IIA Today and Your Training Compass Resource Guide Learn more
(IIA members only) IIA Connection is The IIArsquos monthly member eNewsletter designed to provide relevant and timely information on
internal audit news and whatrsquos happening at The IIA in the areas of guidance research training services events and certification
(Free to the public) Tone at the Top provides executive management boards of directors and audit committees with concise leading-
edge information on issues such as risk internal control governance ethics and the changing role of internal auditing and guidance
relative to their roles in and responsibilities for the internal audit process Tone at the Top is also available online in Spanish and Turkish
translation courtesy of IIA-Ecuador and IIA-Turkey respectively
(For Audit Executive Center members only) CAE Bulletin is a semi-monthly newsletter published as a membership benefit in the rapidly
expanding program for chief audit executives the Audit Executive Center This newsletter features the latest in news and guidance
designed to help CAEs respond to todayrsquos business challenges and opportunities with links to resources needed to stay current with the
most pressing audit issues
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
15
Certification Cornerreg is a quarterly enewsletter designed to provide certification candidates and holders the latest developments in The
IIAs certification programs It also provides helpful information such as reminders about CPE reporting requirements and changes that
you are likely to encounter in The IIAs Certification Candidate Management System (CCMS) Candidates who are enrolled and maintain
their certification(s) receive this enewsletter
(For FSA Group members only) IIA Financial Services SmartBrief replaces FSA Times and provides members of The IIAs Financial
Services Auditor (FSA) Group a monthly snapshot of market news and issues from leading global news sources that affect financial
service internal auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely
articles affecting financial services Subscribe today by becoming a member of the FSA Group
(For Gaming Audit Group members only) IIA Gaming SmartBrief replaces The Gaming Auditorium and provides members of The IIAs
Gaming Audit Group a monthly snapshot of market news and issues from leading global news sources that affect gaming internal auditors
and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles affecting gaming
Subscribe today by becoming a member of the Gaming Audit Group
(For ACGA members only) Government Auditor SmartBrief provides a monthly snapshot of market news and issues affecting government
auditors and their stakeholders SmartBrief is a service that curates thousands of news sources and delivers timely articles and news
affecting the profession straight to your email inbox This monthly eNewsletter helps ACGA members stay on top of emerging issues
within the public sector by delivering a weekly snapshot of market news and issues affecting government auditors and their stakeholders
Theres no need for members to subscribe or opt-in ACGA members automatically receive the eNewsletter on the third Tuesday of each
month If yoursquore not a member we encourage you to join ACGA today
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
16
Dear Members
Our March meeting was a very informative presentation on new accounting standards by Valerie Boissou a partner within KPMGrsquos Department of Professional Practice At this meeting the members also voted in the following nominees for officer positions during the 2016-17 Chapter year
President ndash Rosemary Mazzeo 1st Vice President ndash Bryan Blose 2nd Vice President ndash Val Williams Secretary ndash Jeanna Hanna Treasurer ndash Camelia Sirbu
Additionally two current Board of Governors members were voted to serve an additional term Jayne McGoey from the University of Pittsburgh and LaDawn Yesho from SampT Bancorp Congratulations to all and good luck next year With their professional and chapter experiences I am sure they will lead the chapter into another great year Donrsquot forget May is Internal Auditor Awareness Month As always we will celebrate with an IIA Pirate Game This year tickets sold out extremely quickly As such I am happy to announce that additional tickets were just approved by the Board of Governors as you hopefully saw the email yesterday As noted we did not maintain a wait list as this additional funding was not anticipated The tickets will be sold on a first come first serve basis and will be limited to 5 tickets per member for this second round Again they are going very quickly so act fast if you have not yet secured yours The Chapter is also making strides toward building awareness of our profession with students at our local colleges and universities The following IIA members participated in panel discussions about internal audit careers at Point Park University organized by their student accounting association Dan Morrin KPMG Benjamin Fiscus PNC Sam Becherer Schneider Downs and Mark Riley Schneider Downs The panel discussion was well received by the students Similar advocacy efforts have recently taken place at Robert Morris University and at the Penn State Behrend campus If any of you have spoken at a university for a class or an accounting or other association please let me know via email at nsaldamarcoschneiderdownscom Hopefully many of you are planning to attend our annual golf outing in Cranberry on June 6th This is a great opportunity to network with other IIA members and just have an enjoyable day outdoors
Hope to see you there
Nicole Saldamarco CPA CIA President ndash IIA Pittsburgh Chapter
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
17
MEMBERS HELPING THE CHAPTER
Thank you to all who provided me emails as to your advocacy on internal audit As I mentioned in previous letters we the chapter get credit from the national organization for providing quality programming and performing advocating the profession There are a few other services that provide us points with the chapter Some of the areas in which we get credit include
Involvement with Junior Achievement (teaching in a classroom participate in their bowl-a-thon)
Author of articles (publications or company newsletters)
Lunch and learns
Participation in completing a QAR
Completion of an external QAR
Presented on any internal audit topic (on a volunteer basis)
If you andor your company have any of the above from Jun 1 2015 through May 31 2016 please let me know via email at nsaldamarcoschneiderdownscom Additionally for those of you who have spoken at local universities we do appreciate your support of the profession If you could we would ask you could provide me with the date number of students who attended the university and the length of time you spoke If you could let me know in advance as we have slides that provide a variety of contests and scholarship opportunities for the students Thank you in advance for all of your support for the IIA and our exciting profession
Be the Future of Internal Auditing
Internal Auditor magazine the worlds leading publication covering the internal audit profession is launching a scholarship program We are offering six US $1000 scholarships for undergraduate and graduate students who write the most informative and intuitive essays on internal audit subjects as judged by The IIAs Publications Advisory Committee Once the student winners are announced we will publish the winning essay on InternalAuditororg
Go to httpsiaonlinetheiiaorgscholarships for more information
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
18
Become a Certified Internal Auditor
You are Standing at the Threshold of Professional Opportunity Use Your Key to Open the Door
The CIA credential can be your master key to professional success opening doors for career opportunities and earning you increased credibility and respect within the profession and your organization
Ultimately the CIA designation will
Distinguish you from your peers
Demonstrate your proficiency with internal staff and external clients
Develop your knowledge of best practices in the industry
Demonstrate your proficiency and professionalism
Lay a foundation for continued improvement and advancement
Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their
careers including chief audit executives audit managers audit staff risk management staff and also students enrolled in
an accounting or other business or financial degree program
NEW Internal Audit Practitioner Designation The First Stop on Your Road to Success The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude You can earn this new designation through social badging by completing the Internal Audit Practitioner application and taking and passing the Certified Internal Auditor (CIA) Part One exam
Candidates who have successfully completed the CIA Part One exam within the past 24 months are also eligible to apply
For more information please visit the Internal Audit Practitioner web page
Special Offers for Individual Members
Non-member CIA Candidates mdash Membership Processing Fee Waiver (US $25 Value)
IIA members receive reduced registration and exam fees as well as all of the other benefits of membership If youre a non-member preparing to register for the CIA exam consider becoming a member before you register to take advantage of this special offer
Call The IIA at +1-407-937-1111 prior to registering for the CIA exam and mention discount code EXAM The IIA will process your membership and waive the US $25 processing fee
Free IIA Gift Membership
The IIA will award a one-year regular membership to any non-member who attends an IIA Headquarters-sponsored seminar or conference By remitting the non-member price upon registration you are eligible for a free one-year gift membership
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
19
Prepare to Pass the 3-Part CIA Exam
If yoursquove made the decision to enhance your career by earning the Certified Internal Auditorreg (CIA
reg) designation The IIArsquos
CIA Learning Systemreg can help you achieve your goals
The IIArsquos CIA Learning System is an interactive print and online self-study review program designed by CIA-certified
industry experts to help you learn review and apply the key CIA content This approach will help you build on foundational
elements of internal auditing to master key concepts you need to know to pass the CIA exam This three-part program
includes
Comprehensive reading materials teaching the entire 3-part global CIA exam syllabus in both printed and e-book formats
Interactive online study tools
Pre- and post-tests to gauge your starting knowledge and advancements
SmartStudytrade tools to help you create a customized study plan based on pre-test results
Chapter quizzes to test your comprehension and retention
Flashcards and glossary
CIA practice exam to build confidence for the computer-based CIA exam
Online reports to track your progress and performance
For more information or to try a demo visit wwwLearnCIAcomchapters Wondering how long it will take you to prepare for
the exam Create your free personalized study plan at wwwLearnCIAcom3partciamy-cia-review-plan
Connect With Your Community of 180000+ Peers
Social Media ndash Network with more than 100000 practitioners through the LinkedIn Official Global Group AuditChanneltv Facebook and Twitter for knowledge-sharing opportunities covering topics such as certification ethics fraud COSO Sarbanes-Oxley financial services public sector gaming quality assurance IT auditing and more Conferences ndash IIA conferences provide immeasurable ways to connect with members from around the world The General Audit Management conference for CAEs regional conferences and the International Conference provide ways for every internal audit practitioner to learn and connect with others in the profession
Make sure to get your member discount when
ordering your CIA Learning System
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
20
Have you considered a GROUP
MEMBERSHIP with the IIA
Organizations with as few as
two eligible members can take
advantage of substantial
savings
Members Price Per Member 2-9 $190 10-25 $180 26-99 $170
Additional discounts are available for groups with 100+ members or for governmental agencies For more information visit
httpsnatheiiaorgmembership
Pricing shown above represents annual fee per member for chapters within the US
The following people have recently joined our chapter Please help us make them feel welcome
Shelley Bias Audia International Nathalie Boutet-Walker Schneider Downs amp Co Inc
Wendy Church The Bank of New York Mellon
Amanda Fitzgerald The Bank of New York Mellon
Jessica Jena Highmark Health
Lisa Klein VBH-PA
T Long II Mylan Inc
Cassandra Palmer Highmark Health
Mark Riley Schneider Downs amp Co Inc
Ashley Scanga Highmark Health
Aaron Spolter The Bank of New York Mellon
Joseph Stein The Bank of New York Mellon
Timothy Wolfgang Schneider Downs amp Co Inc
Jim Ziance AmeriServ Financial Inc
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
21
Unlock Your Door to Opportunity with IIA Global Certifications
Certified Internal Auditor (CIA)
Certified Governmental Auditing Professional (CGAP)
Certified Financial Services Auditor (CFSA)
Certification in Control Self-Assessment (CCSA)
Certification in Risk Management Assurance (CRMA)
For more information regarding professional certifications please visit httpsnatheiiaorgcertificationPagesCertificationaspx
The Advocacy Committee of the Pittsburgh IIAs Board of Directors would like to request volunteers who can help us to better connect with students at local colleges and universities We know how many career opportunities exist by pursuing internal audit as a profession and want to make sure that current students know about this exciting field too
Do you have connections within the business school or accounting department at a local university If so you may be able to help us to expand our database of contacts
Would you be interested in participating in a panel discussion or other speaking engagement at a local school Not only is it a great way to share information about your experience as an internal auditor but its also a great chance to interact with our regions future accountants and auditors
Please contact Rick Korey at rkoreybcpittedu if you are interested and able to assist with either of the items listed above We look forward to your support in spreading the word about our great profession
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
22
Advertisements will only be sent to members via direct e-mail when included in the monthly or summer chapter newsletters
Advertisements are not to be sent directly to members via e-mail or postal mail
Advertisements will also be posted on the chapter website as part of the newsletter
EMPLOYMENT OPPORTUNITIES
Employment advertisements placed by audit group member companies are free of charge
Employment advertisements placed by non-group member companies frac14 page - $50 frac12 page - $100 Full page - $200
Employment advertisements for employment agencies recruiting firms and professional services providers including firms placing ads on behalf of member companies
frac14 page - $100 frac12 page - $200 Full page - $400
OTHER ADVERTISEMENTS
Advertising for services or products frac14 page - $100 frac12 page - $200 Full page - $400
REMINDER Members of the IIA Pittsburgh chapter are given access to the membership list This list is NOT to be used to solicit members Solicitation of servicesproducts using the chapter membership list may result in the revocation of membership
Review IIA profile info
wwwtheiiaorg
Attention Members Please take a few minutes to review your IIA profile and contact information at wwwtheiiaorg Maintaining current information in your IIA profile will help to ensure that you will continue to receive valuable information from The IIA
Advertise with us
The IIA newsletter is distributed to approximately 800 local Internal Audit professionals on a regular basis Advertising with us is a great way to attract local talent to fill your open positions and if your company has an audit group membership employment opportunity ads are FREE OF CHARGE See below for our advertising policies and rates
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
23
Staff Internal Auditor Senior Internal Auditor _________________________________________________________________________________ Position may be filled at the Staff Internal Auditor or Senior Internal Auditor level depending on the experience of the applicant Interested applicants should have financial services experience the ability to communicate audit requirements to key stakeholders and a demonstrated ability to build strong relationships with business units The information below outlines the qualifications required for a Senior Internal Auditor About FHLBank Pittsburgh
FHLBank Pittsburgh provides readily available low-cost funding and opportunities for affordable housing and community development to 302 member financial institutions in Delaware Pennsylvania and West Virginia It ensures the availability of funds for housing and enhances the quality of the communities it serves
FHLBank Pittsburgh is one of eleven FHLBanks nationwide Congress created this national network of privately owned wholesale banks in 1932 to ensure available funding for mortgages Today as a wholesale source of community-building funds for neighborhood financial institutions the FHLBanks fill a critical vacuum by providing liquidity for small business community development rural and agricultural loans mdash as well as home mortgage financing
Position Summary
The Senior Internal Auditor will be part of the Bankrsquos Internal Audit Department which is an integral function within the governance structure of the Bank A risk-based audit methodology is used to assess risks and controls related to the Bankrsquos various processes This is achieved through audits special projects and continuous monitoring activities The Senior Internal Auditor will work with the Bankrsquos business leaders including senior management through the performance of audits as well as possibly attending management committees Position responsibilities include but are not limited to all aspects of internal audits or special projects which include planning fieldwork and reporting They also include continuous monitoring of Bank activities by attending various committee meetings assisting on major projects or initiatives and developing relationships with business leaders This position has access and exposure to all areas of the Bank including executive management and the Board of Directors
Primary Success Factors
Performs all aspects of internal audits (financial operational compliance and fraud) 1) Identifies and clearly communicates audit requirements to key stakeholders
2) Understands how key risks and controls impact the business from credit marketliquidity business operational accounting andor system perspectives
3) Ensures the test work performed and conclusions reached are adequately documented
4) Recognizes and proactively communicates potential risks and issues
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
24
5) Makes recommendations for risk mitigation and audit strategies based on accurate identification of potential market business financial credit operational IT and talent risks
6) Builds and cultivates strong personal relationships with peers and audit area personnel
7) Applies an understanding of company short-term and long-term strategic objectives and the risks that apply
8) Demonstrates a clear understanding of the risks and opportunities related to financial instruments offered or entered into by the Bank
9) Is knowledgeable about market and regulatory trends that have the potential for substantive impact on organization strategies policies or risks
Required Experience
Ability to use solid judgment and manage multiple audits and issues within time constraints
Strong business acumen risk management knowledge and decision-making communication analytical and critical-thinking skills
Proficient in Microsoft Word and Excel experience with Visio flowcharting software is a plus
Experience in banking capital markets market risk financeaccounting or credit risk highly preferred
Experience with risk-based audit approach a plus
Current certification(s) (eg CPA CIA or CISA) are a plus
Computer-aided audit techniques (CAAT) system experience is a plus
Five or more years of experience in auditing including two or more years in a financial services environment a plus
Bachelorrsquos degree in a business-related field Masters Degree a plus
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race religion color sex national origin age disability status genetic information veteranrsquos status ancestry sexual orientation or status as a parent as defined by applicable law It is the Banks policy to comply with applicable laws concerning the employment of persons with disabilities including reasonable accommodation for applicants and employees with disabilities
HOW TO APPLY Visit us at httpwwwfhlb-pghcomcareer-opportunities
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster
The IIA ndash Pittsburgh Chapter April 2016
25
Officers
Nicole Saldamarco President
nsaldamarcosdcpacom
412-697-5368
Stefanie Dixon 1st VP
stefaniedixonmeppicom
412-374-5235
Val Trott-Williams 2nd VP
trottduqedu
412-396-5700
Rosemary Mazzeo Treasurer
rmazzeoschneiderdownscom
412-697-5493
Bryan Blose Secretary
bblosekpmgcom
412-232-1615
Board of Governors
Pittsburgh Chapter Committees
Committee Chairperson
Academic Relations Jessica Miller
jlmillerschneiderdownscom
Certifications Joe Cassol
JosephCassolgianteaglecom
Directory Kathy Cromer
kcromermbakercorpcom
Golf Outing Lew Fortwangler
LFortwanglerfederatedinvcom
Hospitality Kristen Backo-Weaver (Chair)
kristenbackoweaverexperiscom
Gina Dutkovich
gdutkovich481dollarbankcom
Membership Felicia Pasquerilla
fpasquerillabcpittedu
Newsletter Carol Frey
CarolFreycostandcompliancecom
Programming Jaimie Scialdone (Chair)
Jaimiescialdonepnccom
Mary Halvas
Maryhalvaspnccom
Dawna Fisher
Dawnafisherfhlb-pghcom
Assistant Treasurer Camilia Sirbu
sirbucmailmageeedu
Volunteers Richard Korey
rkoreybcpittedu
Website Sarah Flannery
SarahFlanneryblackboxcom
Wersquore on the Web
Visit our Chapter Page
IIA Pittsburgh Chapter
Follow us on LinkedIn
wwwlinkedincom
ldquoInstitute of Internal Auditors Pittsburghrdquo
David Bayles
Jonathan Bentrim
Beth Bodner
Diana Froats
William Gedman
Stacy Juchno
Eleni Lucido
Jayne Mcgoey
Steven Melletz
Jim Risbon
John Slowey
Jeanine Trumbetta
LaDawn Yesho
Aaron Mitcham ndash Past President
Dawna Fisher ndash Past President
If you are interested in sponsoring or advertising on our website please contact the Webmaster