AI-Business Audit Consultant

CNA • Chicago, IL

1d • Hybrid

About The Position

The AI-Business Audit Consultant is a newly created role on CNA’s Global Internal Audit Team. The position evaluates the use of artificial intelligence in business processes and operations and strengthens Internal Audit’s assurance capabilities related to AI. It assesses AI-related risks and controls across the company and serves as an AI subject matter resource to audit teams. The role also participates in risk-based engagements across financial, compliance, technology, and operational risks, providing high-quality audit services throughout the audit lifecycle and guidance to less experienced staff.

The consultant evaluates AI governance and lifecycle practices, model oversight, data quality controls, responsible AI practices, and compliance with internal policies and regulatory expectations. The role monitors AI technologies, regulations, and industry practices, and provides analysis, interpretation, and advice to management. It contributes to audit planning, procedures, testing, reporting, issue resolution, and the effective execution of audit engagements, as well as Internal Audit strategic initiatives and support for external auditors’ SOX testing.

Requirements

• Bachelor’s degree in information systems, cybersecurity, business, or equivalent.
• Typically five to eight years of relevant work experience, such as in risk and governance, cybersecurity, and/or information technology auditing.
• Strong knowledge of corporate auditing practices, procedures, and principles.
• Working knowledge of financial reporting, operational, technology, and regulatory risk concepts.
• Working knowledge of artificial intelligence concepts, technologies, governance frameworks, and associated risks, including the ability to assess AI-enabled processes and controls.
• Excellent analytical and problem-solving skills, including the ability to plan and direct multiple projects and project work teams.
• Excellent interpersonal, presentation, verbal, and written communication skills, with the ability to interact effectively with internal and external business partners.
• Ability to exercise professional judgment and assume responsibility for decisions affecting people and quality of service.
• Ability to achieve results by taking a proactive, long-term view of business goals and objectives.
• Ability to provide coaching to more junior audit staff.

Nice To Haves

• Knowledge of the insurance industry.
• Advanced degree or professional designation such as CPA, CIA, or CISA.

Responsibilities

• Evaluate AI governance frameworks and lifecycle practices, model oversight processes, data quality controls, responsible AI practices, and compliance with internal policies and regulatory expectations.
• Monitor emerging AI technologies, regulatory developments, and industry practices to identify evolving risks and opportunities.
• Provide analysis, interpretation, and advice to management.
• Participate in concurrent projects, help expedite issue resolution and delivery of quality audit services, and advise management on project status.
• Serve as a subject matter resource to audit teams on AI technologies, risks, governance, and control considerations.
• Structure and write major sections of audit reports and other customer-facing outputs.
• Participate in discussions and present audit results to management responsible for audited areas.
• Contribute to the development and execution of AI and business audit procedures based on business risk, collaborating with internal and external partners and ensuring planned actions are completed.
• Participate in the effective execution of all phases of audits.
• Contribute to audit scoping by assessing risks, evaluating control design, developing and executing test programs, and documenting test results.
• Coordinate and participate in Internal Audit’s direct assistance responsibilities supporting the external auditor’s SOX testing.
• Support the management of Internal Audit strategic initiatives to enhance current practices.
• Coach more junior audit staff.
• Perform additional duties as assigned.

Benefits

• Comprehensive and competitive benefits package intended to support employees’ and family members’ physical, financial, emotional, and social wellbeing.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level