Consultant, Internal Audit - Third Party

Nationwide Mutual Insurance•Columbus, OH

1d•Hybrid

About The Position

As a team member in Internal Audit at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. To enable Nationwide to serve customers with the extraordinary care they deserve, we use advanced analytics to get insights from big data to provide meaningful audit results that improves business effectiveness and efficiency. No two audits are ever the same and the variety of work assignments gives us visibility and exposure throughout the enterprise. If you have the desire to learn continuously, think critically and can see the big picture, we want to know more about you! As a Consultant, you'll be a leader within the Office of Internal Audit, participating in critical initiatives and helping drive continuous improvement. We'll count on you to manage projects for assurance and advisory engagements, from planning through completion, and navigate constantly evolving business environments and related risks.

Requirements

In-depth understanding of risk and control mapping within third-party operations.
Proven experience in conducting risk-based assessments for audit engagements.
Bachelor’s degree in business, technical, or related field preferred.
More than six years of experience in audit, risk management or a related field.
Experience in the insurance and financial services industry is preferred.
Skilled knowledge in audit, business and information technology general concepts and theory.
Operational knowledge and application of audit practices for multiple functional areas.
Knowledge or project management and motivational theory.
Applied knowledge in assessing risk.
Critical thinking and decision-making skills for problem and/or enhancement identification and solution recommendation.
Effective verbal and written communication skills.
Collaboration and ability to work in a team environment required.
Strong organizational and leadership skills to prioritize multiple tasks and execute audit objectives timely.

Nice To Haves

Advanced degree preferred.
Relevant certifications (e.g., CPA, CIA, CISA, CFE, PMP) desired.

Responsibilities

Partners with leaders and associates across Internal Audit, Enterprise Risk Management and Procurement in development of framework for Third-Party Operations audit engagement management.
Partners with a wide range of business leaders (e.g., ERM, Finance, P&C Operations, NF Operations, Technology, 3rd party vendors) in identifying and assessing risks, evaluating the design and effectiveness of internal controls, and identifying opportunities to enhance quality and efficiency in business processes.
Partners with management and the 2nd line risk functions to evaluate and advise on management oversight (e.g., KPIs, KRIs, reporting, SOC1/2 evaluations).
Ideates on assurance and advisory plans for these operational models and executes a multi-year, risk-based internal audit strategy, including risk assessments, operational risk analysis, control procedures and client communications.
Actively seeks out opportunities to add governance, risk and control value by providing management with insights, foresights and thought leadership to assist in driving efficiency and change throughout the enterprise.
Partners with the Integration Management Office, as well as local operational areas and 1st and 2nd line risk management functions to advise on integration governance, day 1 readiness activities, the maturity of operational processes and the ultimate independent operations.
Contribute to various projects and strategic initiatives.
Demonstrates high-energy, flexibility, time management and strong communication skill by managing multiple assurance or advisory engagements at a time.
Leads engagements, from planning to completion, with an authoritative level knowledge of auditing techniques and according to professional and internal standards. This includes, identification of key risks and controls in engagement plan, coordinating and reviewing work performed by engagement staff, summarizing issues, recommendations and conclusions in the engagement report and managing client relations.
At times, performs engagement tasks of the highest complexity.
Uses analytics and data visualization tools to perform full population testing.
Identifies new ways to audit through data analytics, continuous auditing or other technologies.
Manages engagement teams of approximately one to 10 associates.
Assists with resource management activities for each engagement and provides valuable, real-time coaching and feedback to team members on both soft and technical audit skills.
Drives ongoing risk assessments which serve as an input to the risk-based audit plan.
Develops relationships across the enterprise to provide outstanding care to all customers and serve as a trusted business advisor to clients, internal risk partners and others.
Contributes to initiatives and act as a change agent driving the unit to be more agile and innovative.
May perform other responsibilities as assigned.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire