Nationwide Mutual Insurance

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.

This position will be on Internal Audit’s Third-Party Operations team and a member of the Internal Audit Leadership Team. As a part of this team, you will have the unique opportunity to enhance our risk management and insight capabilities in the evolving and growing third-party domain, providing meaningful audit and advisory results to help leaders meet objectives, minimize risk, and improve business effectiveness and efficiency. If you are experienced in the ever evolving and increasing levels of internal auditing requirements, as well as heightened operational, financial, and strategic risks, we want to hear from you!

As part of this role, you will focus on projects pertaining to assurance and advisory engagements across all Nationwide businesses related to third-party operations, Corporate Development impacts and other related adaptive operating models. You will have the opportunity to assess new and/or changing risks (operational, strategic and/or financial), strategically design appropriate audit procedures and deliver impactful insights across a cross‐functional network.

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).
• Leads and contribute to various projects and strategic initiatives.

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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 Senior Consultant, you'll be a leader in the Office of Internal Audit (IA) and may have a broad spectrum of responsibilities depending on your organizational alignment, ranging from managing critical initiatives, owning our Audit Quality program, and driving continuous improvement. You’ll have the opportunity to shape the Audit Plan by providing insights based on deep knowledge of the strategic direction of the business and internal auditing, managing engagements from planning to completion, and/or navigating evolving business environments and related risks.

Job Description

Key Responsibilities:

• Completes special projects as advised by leadership, e.g., system implementations, executive reporting, Institute of Internal Auditors (IIA) Global Internal Audit Standards (Standards), and Audit Quality & Performance Programs.
• Understands the strategic plan and key initiatives of the assigned business unit. Based on this understanding provides valuable input into the audit planning process. Performs key executive interviews in the annual audit risk assessment process.
• Develops, leads and maintains the Internal Quality Assurance & Improvement Program as required by IIA standards, including approach, testing methodology, reporting and follow training.
• Manages the periodic External Quality Assessment program as required by the IIA Standards.
• Works in connection with the Chief Audit Executive (CAE) to drive the Audit Performance Program as required by the IIA Standards
• Acts as change agent for special projects arising from the evolution of the IIA Standards (e.g., Topical Requirements), working across IIA organization.
• Development of various communication documents delivered by the CAE and other IA Officers.
• Drives ongoing risk assessments which serve as input to the risk-based audit plan.
• Demonstrates high-energy, flexibility, time management and strong communication skills by managing multiple assurance or advisory engagements at a time.
• Leads engagements, from planning through reporting, with an expert-level knowledge of auditing techniques and according to professional and internal standards. This includes identifying key risks and controls for the 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.
• Develops relationships across the enterprise to provide outstanding care to all customers and serves as a trusted business advisor to clients, internal risk partners, and others.
• Leads initiatives and acts 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.

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

Experience: Typically, more than 10 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 to 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. Must collaborate and function in a team environment. Must have strong organizational and leadership skills to prioritize multiple tasks and execute audit objectives in a timely manner. Must have strong coaching and consulting skills.

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

Staffing exceptions to the above must be approved by the Senior Vice President, Internal Audits, and Associate Vice President, Human Resources.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not eligible (exempt).

Working Conditions: Normal office environment. Some travel may be required.

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.

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. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.