Associate Principal, Internal Audit Business & Risk

* THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP
* What You'll Do:

This role will support and lead independent assessments of OCC's financial and operational business processes, risk management, and other objectives as needed. The role is responsible for determining the sufficiency of management's controls and activities related to the management of regulatory, operational, and strategic risks and presenting recommendations for improvements to the engagement management and the auditee.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

Responsibilities will be aligned, but not limited, to three pillars:

Delivery

* Support the team on delivery of assigned audits within the annual audit plan.

* Support the team confirming a professional auditee experience.

* Owning the audit quality, accuracy of results, and delivery in a timely manner.

* Proactively identify regulatory, operational, and/or strategic risks to the organization and bring them to your engagement team.

* Evaluate exceptions or inefficient practices for root causes and propose advice and recommendations for achievable solutions.

* Leading audits related to organization changes including business requirements definitions, technology implementations (e.g., changes to the supported business processes), engagement and alignment of change initiatives to business objectives.

Quality

* Maintaining an understanding of policies, procedures, standards, and supporting technologies, and educating staff accordingly, to effectively identify potential risks and alternatives to mitigate risk exposure leveraging leading practices.

* Ability to understand professional principles and standards (e.g., AICPA, IIA IPPF, COSO) and the relevancy to risk management and impact on policies and procedures. In addition, leveraging these principles and standards to test and evaluate corporate risk management processes and controls.

* Keeping current on best practices and emerging risks within the financial services industry and making recommendations for improvements as necessary.

Leadership

* Supporting effective relationships with business groups and leadership and partnering with management

Supervisory Responsibilities:

* None

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

Qualifications & Experience will be required, but not limited, to:

Qualifications

* Ability to communicate clearly and effectively, both orally and in writing, including the ability to handle potentially sensitive situations and discussions.

* Strong problem solving and analytical capabilities.

* Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports.

* Ability to work independently or as part of a team, prioritizing multiple audit assignments to simultaneously complete each in a timely fashion.

Experience

* Experience working in a complex, fast-paced environment.

* Experience using the principles, practices, and techniques involved in conducting audits in accordance with the requirements set forth in the International Standards for the Professional Practice of Internal Auditing published by the Institute of Internal Auditors (IIA).

* [Preferred] Consulting and/or accounting firm experience.

* [Preferred] Experience in Financial Services/Security Industry and working with regulatory organizations such as:
Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Financial Industry Regulatory Authority (FINRA), Federal Reserve.

Technical

Skills:

* [Required] Microsoft Office applications

* [Preferred] Proficiency using Archer or other audit or Governance Risk and Compliance (GRC) software

Education and/or

Experience:

* [Required] Bachelor's degree (or equivalent) in Accounting, Finance, Business Administration or related field

* [Required] 5+ years of experience (audit-related) in conducting risk-based operational and compliance audits and projects, business process reviews and internal audits

Certificates or Licenses:

* [Preferred] Certified Financial Services Auditor (CFSA), Certification in Risk Management Assurance (CRMA), Certified Internal Auditor (CIA) or Certified Public Accountant (CPA), or equivalent.

About Us

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System.

OCC has more than 100 clearing…