Risk & Audit Manager (Finance)

Join Our Team as a Risk and Audit Manager! Are you an experienced professional in risk management and internal audits? We are seeking a dynamic Risk and Audit Manager to oversee our enterprise risk management program, conduct internal audits, and lead our continuous quality improvement team. With a minimum of 5 years of relevant experience and strong leadership skills, you'll play a crucial role in identifying and mitigating organizational risk. If you have a passion for regulatory compliance and a knack for problem-solving, apply now to make a significant impact on our organization!

Position Summary:

The Risk and Audit Manager is responsible for overseeing the identification, assessment and mitigation of organizational risks by managing the enterprise risk management program; conducting internal audits across various business functions; managing the continuous quality improvement team on operational quality reviews; coordinating external audits by clients, regulators and other government agencies; assisting in coordination of SOC engagements; and providing recommendations to senior management to proactively address potential issues identified in audits and reviews.

Essential Functions and Job Responsibilities:

Risk Management

• In concert with the General Counsel, conduct annual enterprise risk assessment to identify and prioritize key business risks across the organization.

• Assist in developing and monitoring risk mitigation strategies and action plans to address identified risks. 

• Serve as Vice Chair of the Risk Committee.

• Knowledge and understanding of regulatory requirements relating to risk management.

Audit Planning, Execution and Coordination

• Develop and execute an internal audit plan based on risk assessments, including audit scope, methodology and testing procedures.

• Evaluate the effectiveness of internal controls and processes.

• Prepare clear and concise audit reports, communicating key findings and recommendations to senior management.

• Assist in developing and monitoring action plans to remediate audit findings.

• Coordinate client audits and regulatory examinations.

• Assist in the coordination of SOC audits and vendor SOC reviews.

• Effectively communicate with internal and external stakeholders during course of audit.

Team Leadership and Development

• Manage a team of continuous quality improvement [quality review] staff, providing coaching and development opportunities. 

• Conduct performance reviews and performance management discussions, as well as disciplinary actions including terminations.

• Assign quality review and audit tasks and responsibilities based on team members' expertise and skillsets.

• Identify and implement workflow improvements and efficiencies and reporting improvements.

• Maintain a proven subscription to the company's core values.

Education, Skills, Personal Attributes, and Experience Required:

• Bachelor's Degree

• Minimum 5 years work experience in an internal audit department, public accounting firm or combined audit and consulting experience in a health insurance, managed care, financial or operational environment.

• At least 3 years leading a team.

• Preference for professional certification such as Certified Internal Auditor (CIA), Certification in Risk Management Assurance (CRMA), Certified Public Accountant (CPA), Internal Audit Practitioner or other relevant industry certifications.

• Strong analytical and problem-solving skills with the ability to identify key risks and control weaknesses.

• Strong understanding of internal control frameworks, enterprise risk management, and regulatory compliance requirements.

• Excellent communication and presentation skills to effectively communicate complex issues to senior management.

• Excellent organizational skills required and must be detail oriented.

• Strong relationship management skills to manage internal and external relationships necessary to maintain an effective risk management and audit program.  

• Strong leadership and project management skills.  Must be able to work on multiple projects simultaneously.

• Proficiency in data analysis tools, audit software and Microsoft Office applications.

Environment:

General office working conditions which may require sitting for extended periods of time. This position currently functions as a hybrid role working from both the St. Louis office and home office environments. Any home office setting must be conducive to all guidelines outlined by the organization. This role is required to regularly attend in-person meetings. Infrequent overnight travel may be required for industry meetings, conferences, as well as other Delta company meetings.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Specific vision abilities require the ability to focus distant and near objects clearly.  While performing the duties of this job, the employee is regularly required to sit, talk, and hear.  The employee is frequently required to use hands and arms to handle, feel, and reach as well as operate a personal computer. 

Additionally, this position requires working in a fast-paced environment that can be stressful at times. This position requires a substantial amount of multi-tasking and ability to shift focus between tasks, screens, and systems to obtain data.  

Disclaimer:

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required. The organization reserves the right to modify this job description at any time, including assigning or reassigning job duties.  

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