Lead Internal Auditor
The North American Internal Audit team is part of the Prudential plc Group-wide Internal Audit (GwIA) function. GwIA is an independent function responsible for assisting the board, audit and risk committee members and executive management in protecting the assets, reputation and sustainability of the global Prudential plc organization through assessment and reporting on the overall effectiveness of risk management, controls, and governance processes across Prudential plc’s business units, including in the US, UK and Asia.
Lead Auditors hold a critical role, leading key audits executed across the North American Business Units, to the timeline agreed with the local and Prudential plc Group audit committees, and in line with internal and external standards and expectations.
_Essential Job Duties & Responsibilities_
* Builds strong and effective working relationships with senior management, Internal Audit team members, ‘second line’ functions and external assurance providers. * Plans and leads one or more audit assignment simultaneously. * Understands the business background of the area being audited and their role in the audit assignment. * Documents the key systems, processes and associated controls being examined in the audit and reviews documentation developed by Auditors and Senior Auditors. * Creates control and risk assessments for the area under audit and reviews control and risk assessments developed by Auditors and Senior Auditors. * Develops testing programs which evaluate whether the key controls identified in the risk assessment are designed and operating effectively and reviews testing programs developed by Auditors and Senior Auditors. * Performs and documents audit testing in line with standards, as required. * Reviews the working papers of Auditors and Senior Auditors to ensure they comply with requirements. * Addresses any review points raised in Manager and/or Director review. * Reviews and drafts audit conclusions based on the results of the design and operating effectiveness testing completed. Drafts internal audit reports. * Assists the Audit Manager in discussing and finalizing the audit observations and resulting actions with the management responsible for the activities being audited. * Supports the process for evaluating implementation of audit observations by management including obtaining ongoing status updates from line management, control design assessment and operating effectiveness testing. * Participates in steering committees, project boards and/or other discussions as needed. * Trains and mentors audit staff. * Willingness to travel domestically (approximately 10-20%) and internationally (infrequent).
Performs other special projects or duties as assigned.
Job Responsibilities (Knowledge, Skills & Abilities)
Knowledge of internal audit standards and methodologies or ability to learn and apply the standards and methodologies.
PC skills, including Microsoft Office and the ability to learn audit productivity software packages.
Strong ability to effectively and efficiently perform process and system walkthroughs as well as evaluate, organize, interpret and document data and information.
Strong ability to execute work plans and manage projects effectively to time, quality and costs requirements and in-line with regulatory, industry and GwIA requirements.
Must demonstrate ethical behavior.
Excellent written and verbal communication skills.
Effective time management skills.
Must be highly organized and detail-oriented.
Ability to work with minimal supervision.
Ability to serve as a technical advisor and role model for Auditors and Senior Auditors on assignments.
Ability to grasp issues quickly, address problems and keep the audit team informed of challenges.
Must be a strong team player as evidenced by the ability to contribute to team effort, share responsibility for team results, and exhibiting a positive attitude
Education and Experience Required
Bachelor’s degree (BA/BS) in accounting, finance or economics preferred.
Supervisory experience preferred.
Insurance or financial services industry experience preferred.
5 years of auditing experience (internal and/or external) or 7 years of risk management or compliance experience (internal and/or external) preferred.
Recognized Audit/Accountancy, Risk Management or Compliance qualification preferred.
*Jackson National Life Insurance
Lead Internal Auditor