25
April 2016 Pittsburgh Chapter Newsletter What’s 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 & Conferences 10-12 e-Seminars 13 Newsletters 14-15 President’s 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 & 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.

Pittsburgh Chapter Newsletter - Aventri · Advertising Rates 22 Profile Update Reminder 22 Job Opportunities 23-24 Officers, Governors & Committees 25 , IIA!!! The IIA has supported

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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