Manager Audit Services, Fraud - BSC (Hybrid)

Exelon•Chicago, IL

41d•Hybrid

About The Position

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in? Primary Purpose The Manager, Audit Services, Fraud, is responsible for leading and overseeing the Anti-Fraud, Waste, and Abuse program across Exelon's footprint, encompassing four utility operating companies, more than 10 million customers, and annual expenditures of more than $8.5BN. The role's responsibilities include program design, supporting fraud-related audit engagements, leading fraud risk assessments, developing and delivering organizational training, providing guidance and recommendations to leadership, and assisting in compliance and ethics investigations as required. This role also includes traditional internal audit managerial responsibilities, including execution of internal audit activities to ensure the effectiveness of the organization's risk management, governance, and internal control processes. These responsibilities include risk assessment, developing and implementing audit plans, evaluating the adequacy and effectiveness of internal controls, and providing insights and recommendations to enhance operational efficiency and mitigate risks. The Manager, Audit Services, Anti-Fraud will also play a key role in coaching and developing audit team members, fostering a high-performing learning environment, and serving as a liaison to business partners to ensure alignment with organizational objectives.

Requirements

Undergraduate degree in Accounting, Business, or equivalent degree; In lieu of degree, 9-12 years of professional work experience
7 years of experience leading investigations and/or audits related to fraud, waste, and abuse, compliance, and misconduct, including evaluations of underlying causes.
Demonstrated strong analytical and oral and written communication skills, including in drafting and presenting reports.
3 years of supervisory experience

Nice To Haves

Strong familiarity with audit practices and procedures.
Proven ability to assess and design fraud risk management strategies, including operating model design, fraud analytics, and experience with anti-fraud operations.
Strong collaboration skills, with the ability to work closely with management to define enterprise fraud control objectives, develop strategies for evaluating control effectiveness, and provide an enterprise perspective on priorities and solutions for mitigating gaps in controls.
Advanced data analytics capabilities, including the ability to analyze large datasets, identify patterns, trends, anomalies, and fraud schemes, and interpret complex financial data.
Proficiency in creating analytical dashboards or similar visualization tools to streamline discussions with stakeholders and improve understanding of risk indicators, key controls, and risk exposure levels. Thought leadership in fraud prevention and driving innovation in fraud risk management practices.
Familiarity with the application and interpretation of regulatory frameworks.
Relevant professional accreditation (e.g. CIA, CFE, CPA, CFF)
Advanced degree in a relevant field (e.g., Accounting, Finance, Business Administration, Data Analytics, Law, or Criminal Justice)

Responsibilities

Lead Audit Services' Anti-Fraud, Waste, and Abuse program. Includes promoting a culture of fraud awareness, identification and management; conducting and leading audits to evaluate risks related to fraud, waste, and abuse; contributing expertise concerning fraud, waste, and abuse to controls design and risk assessment processes; assisting in compliance and ethics investigations involving fraud, waste, and abuse; and developing and executing training programs focused on preventing and detecting fraud, waste, and abuse. (50%)
Plan, coordinate and execute core assurance and business enablement activities leveraging our common assurance and enablement framework. Includes the preparation and delivery of formal communications expressing opinions and providing insights on the adequacy and effectiveness of business processes and internal controls (30%)
Provide active coaching and support of internal audit staff members to support a high performing learning organization (10%)
Serve as liaison to business partners to understand the operations and desired outcomes while building and maintaining business relationships (5%)
Lead strategic business initiatives to continuously improve internal processes that optimize internal controls and reduce total cost of controls, within Audit Services and across business process areas (5%)

Benefits

Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $108,000.00/Yr. - $148,500.00/Yr.
Annual Bonus for eligible positions: 20%
401(k) match and annual company contribution
Medical, dental and vision insurance
Life and disability insurance
Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
Employee Assistance Program and resources for mental and emotional support
Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
Referral bonus program
And much more