Director, Internal Audit

Company: MissionSquare Retirement
Location: Washington
Posted on: November 15, 2024

Job Description:

Join a great place to work with MissionSquare Retirement, a FINANCIAL SERVICES LEADER in public sector employee retirement products and services. Headquartered in Washington, DC, MissionSquare Retirement was founded to provide portable retirement benefits for city and county managers, enabling accumulated retirement assets to be transferred between employers. Today, MissionSquare Retirement serves more than 1.5 million participant accounts, and more than 9,000 retirement plans across the country. We have an extraordinary talent base and invite you to consider joining MissionSquare Retirement's Internal Audit Team.

Check you match the skill requirements for this role, as well as associated experience, then apply with your CV below.

This position is the operational and financial audit director for Internal Audit. The primary responsibilities would be to assist the Managing Vice President-Internal Audit in managing the internal audit function, including developing and maintaining an annual audit plan and risk assessment. This role involves planning, managing, and executing audit projects, performing quality assurance reviews, and ensuring compliance with regulatory requirements. Additionally, the individual will hire, train, and develop audit staff, maintain standards set by the Institute of Internal Auditors, and build relationships with key clients to address concerns and align with corporate strategies, enhancing the department's effectiveness and value to the organization and Board.

Essential Functions for this role include:

Under the general direction of the Managing Vice President- Internal Audit, the individual in this role is responsible for preparing the annual risk assessment and implementing a risk-based audit plan to assess, report on, and make suggestions for improving the Corporation's key controls.
Responsible for overseeing and/or performing complex audits of higher risk areas such as fund investment management, retirement plan administration, legal and regulatory compliance, tax, treasury, investment accounting and funding, corporate accounting, payroll, and other areas as needed.
Responsible for the identification of key or critical vendors, and overseeing or performing due diligence reviews thereof, while ensuring that the vendor relationship owners are involved and aware of any potential concerns.
Develop and/or maintain procedures, schedules, priorities, and programs to achieve Internal Audit department objectives and goals. Actively monitor and review the planning, scheduling, coordinating, and reporting of the work of the business audit teams to ensure that the audit plan is accomplished on time and that the audit work meets audit, accounting, and professional practice standards.
Continually update the assessment of the control environment, keeping abreast of significant control issues, trends, and developments and communicating these issues, including recommended changes in approach to the Managing Vice President - Internal Audit.
Develop, train, and coach staff to help them reach their potential and achieve personal, corporate and departmental goals.
Communicate results of audit findings and observations with senior management.
Identify and communicate to department personnel changes in professional standards, authoritative accounting pronouncements, compliance regulations, guidelines, and audit requirements.
Participate in the recruitment and hiring of internal auditors.
Attend and/or participate in continuing professional education classes and training courses requisite to maintain and/or obtain job related professional certifications.
Perform other duties as assigned.

If you have the following skills, we encourage you to apply:

10 years Internal Audit, risk management, compliance and/or public accounting experience with five to seven years of technology, security and/or financial industry experience.

BA/BS or equivalent experience (In Accounting or Business)
Certifications Required: CPA, CIA, CISA

Experience in the Financial Services (Investment Advisors, Fund Management) highly preferred.

Strong understanding of financial statements, regulatory requirements for Mutual Funds or Collective Investment Trusts.
In-depth knowledge of auditing practices, procedures, and principles, sufficient to interpret and analyze complex concepts
Extensive understanding of financial, operational, technology, privacy, market, credit, and legal/regulatory risk.
Thorough understanding and familiarity with the COSO and CoBIT frameworks and the control self-assessment approach for review of a control environment
Experience with appropriate staff-to-management progression
Experience with Financial, Operational, Compliance, and vendor management Audit Procedures
Securities Industry or Defined Contribution experience

To benefit your career and support your wellbeing, we offer:

Competitive Total Rewards (compensation and benefits) package, including 401(k) Plan with matching contributions
Varied incentive plans
Flexible/Hybrid work schedules
Wellness programs
Tuition reimbursement
Professional and career development courses
Mentoring programs
Volunteerism program

As a company, MissionSquare Retirement is an Equal Opportunity Employer. We strive to create an environment that reflects the value and diversity of our employees and fosters respect among them. We believe that talent from diverse backgrounds will further enhance our ability, and mission, to serve those who serve their communities.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other protected classifications under any applicable law. #LI-MR1 #LI-BC1

Licenses & Certifications
Preferred
Certified Publ Accountant
Cert Info Systems Auditor
Cert Internal Auditor

Keywords: MissionSquare Retirement, Catonsville , Director, Internal Audit, Accounting, Auditing , Washington, Maryland