April 4, 2016
PolicyWorks announced the addition of Margaret Smith, CPA, CIA, CFE, CRMA as director of audit services.
Smith joins PolicyWorks following six years as a senior internal auditor with Pentagon Federal Credit Union in Omaha, Neb. She has audit experience with McGladrey & Pullen, L.L.P., as well as two Omaha-based insurance companies. Smith’s expertise in creating and managing audits and audit programs is evidenced by the number of audit-related certifications she has earned during her career.
Frequent regulatory changes impact credit union operations, advertising, policies and more. Smith’s knowledge of internal controls, financial regulation and industry best practices, coupled with PolicyWork’s comprehensive compliance audit services, identify weaknesses and turn findings into a program for ongoing compliance before the examiner’s next visit.
“The concern U.S. credit unions have over managing compliance and risks continues to rise, making audit capabilities an even more in-demand offering,” stated Cindy Williams, vice president of regulatory compliance at PolicyWorks. “The addition of Margaret to our team further empowers PolicyWorks to make a preventative approach to compliance easy for our credit union clients and league partners.”