Consultant, Internal Audit - Third Party

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. 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.

Key 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.
• Third-Party Operations 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.
• Corporate Development 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 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. Partners with management and the 2nd line risk functions to evaluate and advise on management oversight (e.g., KPIs, KRIs, reporting, SOC1 / 2 evaluations).
• Contribute to various projects and strategic initiatives.

Knowledge, Abilities and Skills :

This is a hybrid position located in Columbus Ohio and you will be required to come into the office two days per week.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

#LI-CA1

#nationwidefinance

#internalaudit

#thirdpartyaudit

Job Description Summary

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.

Job Description

Key Responsibilities :

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.

Reporting Relationships : Reports to Audit Director / Audit Officer

Typical Skills and Experiences :

Education : Bachelor’s degree in business, technical, or related field preferred. Advanced degree preferred.

License / Certification / Designation : Relevant certifications (e.g., CPA, CIA, CISA, CFE, PMP) desired.

Experience : Typically, more than six years of experience in audit, risk management or a related field. Experience in the insurance and financial services industry is preferred.

Knowledge, Abilities and Skills : Skilled knowledge in audit, business and information technology general concepts and theory. Must have an operational knowledge and application of audit practices for multiple functional areas. Must have knowledge or project management and motivational theory. Applied knowledge in assessing risk. Must have critical thinking and decision-making skills for problem and / or enhancement identification and solution recommendation. Must have effective verbal and written communication skills. Collaboration and ability to work in a team environment required. Must have strong organizational and leadership skills to prioritize multiple tasks and execute audit objectives timely.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Job Conditions :

Overtime Eligibility : Not Eligible (Exempt)

Working Conditions : Normal office environment.

ADA : The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit / Background Check : Due to the fiduciary accountabilities within this job, a valid credit and / or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including : 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, and more.