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.
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Job Description Summary
To enable Nationwide to serve its members with extraordinary care and to see risks around the corner, Internal Audit uses cutting edge audit practices, leverages deep and trusting relationships with business partners and advanced data & analytics to get insights from big data – all to provide meaningful audit and advisory results that help leaders meet their 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 heighted operational, financial, and strategic risks, we want to hear from you!
As AVP, you’ll be responsible for all aspects of Internal Audit (IA)’s cross-functional Third-Party Operations team by overseeing assurance and advisory engagements across all Nationwide businesses related to third-party operations, Corporate Development impacts and other related adaptive operating models. We’ll count on you to assess new and/or changing risks (operational, strategic and/or
Job Description
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).
Risk Partner Reliance Program: Oversees the reliance program management, in partnership with leaders across Audit, to enhance coverage beyond the internal audit plan, avoid duplication of efforts across risk partners and avoid audit fatigue, and leverage specialized skill sets.
Digital Enablement: Drives continued momentum on enabling engagements and office management with a digital enablement mindset. Including enabling the team and the broader office to leverage established digital tool sets (e.g., Tableau, Power BI, RPA tools) and emerging tool sets (e.g., Generative AI, Process Mining, Data acquisition/prep tools), all while starting with a continuous improvement mindset.
Management/Leadership: Establishes functional area vision, strategy and objectives and leads a team of highly technical audit professionals. Oversees associate management including performance management, salary planning and administration, training and development, workflow, and organizational planning, hiring and placement, and disciplinary actions.
May perform other responsibilities as assigned.
Reporting Relationships:Reports to SVP, Internal Audit. Leads a team of 4-8 direct reports, with additional oversight of cross-functional resources across the IA Office.
Typical Skills and Experiences:
Education: Undergraduatedegree in business, finance, accounting or related field. Graduate degree preferred.
License/Certification/Designation: Preferred certifications: Certified Public Accountant (CPA), Certified Internal Auditor(CIA), Certified Information Systems Auditor (CISA), or other similar certifications.
Experience: Typically, ten or more years of progressive experience in internal audit, risk management, accounting, finance, fraud, technology, and other control-related careers experience including at least five years in a management or leadership role. Significant insurance, financial services and/or operational experience is preferred.
Knowledge, Abilities and Skills:
Proven ability to independently assess new and/or changing risks, strategically design appropriate audit procedures, synthesize high volumes of disparate information, and deliver impactful insights across a cross‐functional network. Committed to developing and expanding knowledge of the audit profession, third party operations, fraud, project auditing, regulatory, industry, and company through self-study, educational forums and research. Strong verbal and written communication skills, with an emphasis on organizational sensitivity. Strong relationship skills, with the ability to build and maintain trusted relationships with executive leaders.
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 Human Resource Business Partner.
Values:Regularly and consistently demonstrates the Nationwide Values.
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.
Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check 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. 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.
