Associate Director, Risk and Audit Strategy Job in Cambridge 02138, Massachusetts US
Auto req ID: 26263BR
School/Unit: Financial Administration
Department: Risk Management and Audit Services
Sub-Unit: ------------
Union: 00 - Non Union, Exempt or Temporary
Duties Responsibilities:
- Creation, development and implementation of University Risk Management Program
- Develops goals/objectives and design initiatives to achieve them successfully
- Influence senior management to embed risk management into the University and school environments. Develop methodologies to make this happen
- Develop creative ideas to mature the ERM program
- Negotiate for resources to support the program in a complex, decentralized environment
- Communicate complex issues to a community learning about ERM
- Develop training based on needs analysis of the community from Senior management to administration personnel
- Work to identify and develop an approach for academic engagement
- Analyze and present key risks identified through twenty plus risk assessments; engage and influence risk council in identifying risks for mitigation and monitoring
- Deliver key messages and program status to the audit committee
- Work with risk champions on risk mitigation efforts, status updates and develop a reporting process to monitor status
- Supports University risk management committees by assisting the chair in setting the agenda, coordinating speakers, keeping minutes and facilitating follow up
- Consults on business processes and carries out special projects focused on influencing controls over financial, compliance or operational areas. Supports strategic planning discussions and manages change initiatives in the Risk Management and Audit Services department. Identifies and implements opportunities to enhance the work experience. Identifies training needs for the department and coordinates delivery.
- Manages the departments risk assessment process to effectively develop a risk based audit plan
- Performs quality assurance responsibilities such as review and evaluation of audit reports. Manages the quality assurance program to identify opportunities to improve and streamline the audit process with focus on compliance with the International Professional Practices Framework as issues by the Institute of Internal Auditors
Participates on committees to consult on business risks associated with new business processes, new regulations or other change management events - Manages the University Hot Line and works with appropriate personnel to respond to issues. Works with HR in developing marketing tools to educate the community on the purpose and nature of the Hot Line
- Improve internal audit processes by benchmarking current RMAS practices with other audit operations and best practices. Designs and develops reports to Senior Management and the audit committee on department activities
- Supports initiatives to combat fraud by advocating an ethical environment through training and internal control recommendations
Basic Qualifications:
Bachelor of Science in Business Administration, Accounting or related field;minimum of eight years of experience in financial, operational or compliance audit or other financial role and five years of increasingly responsible leadership experience.
Additional Qualifications: Masters in Business Administration or other relevant advanced degrees a plus. Experience in University or not-for-profit setting preferred. Demonstrated leadership skills. Excellent verbal and written communication skills, excellent interpersonal skills, and ability to present significant issues to senior management. Must be effective in assessing business risk and facilitating discussions with risk owners. Must be self motivated, take initiative and be broad thinking. Must display strong facilitation skills and a demonstrated ability to effectively manage projects.CPA or CIA preferred.
Pre-Employment Screening: Identity
Schedule:
Additional Information:
This highly visible role is responsible for the development and implementation of the Universitys enterprise wide risk management program. This role provides critical management and creative initiatives for embedding risk management in all activities and functions within the University. The role requires articulation of complex issues and a high degree of negotiation and influence to create a risk management program that will be evaluated by the audit committee) and external agencies for effectiveness. Specific to this mission, this role supports and influences risk management committees established across the University. This person must keep pace with developments in enterprise risk management and influence senior leadership to implement best practices and support program development initiatives. Consistent with risk management program responsibilities, this role also manages the risk assessment process within the internal audit department with specific emphasis on developing a risk based audit plan. The role also executes consulting engagements and special projects focused on creating change in business processes and strengthening the control environment over financial, compliance or operational activities. Additionally, responsibilities include managing the quality assurance initiatives in the department, managing the Universitys Hot Line and providing Chief of Staff support including budget development and monitoring, identifying and managing training initiatives, and supporting initiatives to enhance the work environment.