Senior Internal Auditor

Morningstar•Chicago, IL

2d•Hybrid

About The Position

Morningstar is a leading global provider of independent investment insights, leveraging data, research, and design to deliver complex investment information and empower investor success. The Global Audit and Assurance (GAA) function, which reports to the Audit Committee of the Board of Directors, aims to strengthen Morningstar’s ability to create, protect, and sustain value. It achieves this by providing organizationally independent, risk-based, and objective assurance and consulting services to evaluate and improve the company’s governance, risk management, and control processes. The Senior Internal Auditor will be a highly motivated individual who plays an integral role in evaluating the company’s business and information technology processes and the effectiveness of internal controls. This role offers the opportunity to work on a variety of operational, compliance, financial, and information technology reviews, as well as to evaluate the effectiveness of internal controls over external financial reporting as part of the company’s Sarbanes-Oxley Section 404 compliance activities. The Senior Internal Auditor will collaborate closely with all levels of management across the organization, recommending changes to strengthen controls for increased efficiencies and reduced risks. This individual is expected to take ownership of audit workstreams, synthesize complex information, and contribute meaningfully to the GAA function.

Requirements

Action-oriented, self-starter with strong verbal and written communication skills.
Comfortable working both independently and in teams, with a demonstrated ability to deliver end-to-end audit projects on time with a high degree of quality.
Demonstrated ability to diagnose problems, determine root causes, and recommend pragmatic solutions to complex challenges
Strong capability in risk identification, risk assessment, and control design and evaluation
Solid knowledge of internal auditing standards, accounting and business principles, and computerized financial and operational systems
Undergraduate degree in accounting, business, information technology, management information systems, or a related field.
Minimum of 3 years of internal or external audit experience.
Understanding of the technical aspects of accounting and financial reporting

Nice To Haves

Experience in working for a Big 4 or Tier-Two public accounting firm is highly preferred
Professional accreditation (e.g., CIA, CPA, CISA) is highly preferred
Experience in performing data analytics and using data extraction and analysis software such as Alteryx, Microsoft 365 (e.g., Excel advanced analytics, Power BI, Power Automate, SharePoint), or similar platforms to support audit execution, risk analysis, or process improvement
Demonstrated interest in innovation, including the application of data analytics, automation, or emerging technologies to enhance audit quality and efficiency
Exposure to auditing or assessing risks related to advanced technologies, including artificial intelligence, machine learning, automation, or complex data-driven systems
Exceptionally curious, adaptable, and comfortable navigating ambiguity and change in a dynamic environment
Highly collaborative, with a strong ability to partner cross-functionally on detail-oriented initiatives
Excellent project management, presentation, and storytelling skills, including the ability to tailor messages to different audiences and clearly articulate the business impact of findings to stakeholders

Responsibilities

Execute audit workstreams across financial, operational, compliance, and information technology reviews, applying sound audit judgment throughout planning, execution, and reporting
Perform walkthroughs of complex business and information technology processes and independently assess the design and operating effectiveness of internal controls.
Evaluate, synthesize, and interpret audit evidence against defined criteria to identify root causes, key risk themes, and meaningful insights
Develop clear, risk-focused observations and practical recommendations that articulate business impact and drive corrective action
Effectively apply the COSO internal control framework, COBIT IT governance framework, IIA Global Internal Audit Standards and US GAAP accounting principles.
Assist audit management with the execution of continuous risk assessment and audit plan development
Serve as a trusted advisor and business partner by proactively identifying improvement opportunities and emerging risks

Benefits

100% 401k match up to 6% of salary
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
Tuition Reimbursement
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups