Internal Auditor

Salary : $5,917.00 - $10,860.00 Monthly

Location : Thurston County - Olympia, WA

Job Type : Full Time - Permanent

Remote Employment : Flexible / Hybrid

Job Number : 2025-07480

Department : State Investment Board

Opening Date : 10 / 23 / 2025

Closing Date : 11 / 18 / 2025 11 : 59 PM Pacific

Description

This recruitment will remain open until November 18, 2025, and it is in the candidate's best interest to apply early.

The Washington State Investment Board (WSIB) is a dedicated global investment management organization with over $222.5 billion in assets under management. The WSIB's globally diversified portfolios are comprised of more than 18,500 holdings across 90 countries on 6 continents and in 50 currencies. The WSIB's central mandate is to maximize return at a prudent level of risk. The WSIB manages investments for 18 retirement plans for public employees, teachers, school employees, law enforcement officers, firefighters, and judges. We also manage investments for several other important public funds that benefit Washington's industrial insurance program, colleges and universities, and developmental disability programs. The WSIB's excellent investment performance dramatically contributes to the state's bottom line.

To learn more about our organization and the work we do, please visit our website at and follow us on

The WSIB operates in a hybrid work environment and this position should anticipate 60% of their time in the office.

The WSIB is seeking a qualified candidate to join our Internal Audit team as an Internal Auditor. This is an exciting and challenging opportunity for a professional Internal Auditor to support the WSIB's mission to invest with integrity, prudence, and skill for the exclusive benefit of fund participants and beneficiaries.

Reporting to the Audit Director, this position independently assesses the WSIB's practices and controls in relationship to policies, procedures, regulations, laws, and adopted standards. The WSIB's Internal Audit unit provides assurance and advisory services designed to add value and improve WSIB operations, while supporting the critical success factors of the Board, including operational excellence and impeccable integrity.

Duties

IF SELECTED FOR THIS OPPORTUNITY, YOU WILL :

Independently conduct comprehensive internal audits (accountability, financial, and compliance), analysis, and assignments with limited direction, utilizing expert knowledge of internal audit practices and procedures.

Plan and conduct complex audits to examine current practices of WSIB work units against adopted standards, applicable laws, rules, policies, and best practices. Develop efficient and effective engagement procedures; devise methods and procedures consistent with internal audit standards and acceptable practices (e.g. selection methods, testing, validation, etc.). Document work performed in accordance with internal audit and unit standards.

Work with agency staff to understand programs and operations. Analyze and evaluate complex and technical financial data, information systems, and legal compliance matters.

Consult with management to discuss deficiencies and corrective action. Prepare recommendations designed to mitigate risks, strengthen controls, ensure compliance with applicable laws and regulations, and improve accountability over public assets.

Perform analysis of internal control and governance structures of various financial service providers and investment managers by reviewing operations, conducting on-site visits, and assessing compliance with contractual requirements and / or industry standards.

Prepare formal audit reports and presentations with results of audit engagements. Present audit results to management and to the WSIB's Audit Committee in open public meetings.

Assist the Audit Director in the development of the annual internal audit plan.

Participate as a liaison for external audit services, as assigned.

Qualifications

COMPETITIVE APPLICANTS WILL HAVE :

Bachelor's degree from an accredited college or university in accounting, finance, business administration, economics, or related field, including at least 10 semester or 15 quarter hours of accounting, finance, or economics.

A minimum of four years of professional audit experience that includes audit planning, conducting risk assessments, assessing the internal control environment, creating testing methodologies, evaluating test results, reviewing policies and procedures for compliance, documenting processes in work papers, and writing audit reports that includes results and recommendations.

• Certification as a Public Accountant (CPA), Internal Auditor (CIA), or as a certified Financial Examiner may substitute for one year of experience.

Knowledge of the International Standards for the Professional Practice of Internal Auditing.

Competitive experience includes, but is not limited to :

THE STRONGEST APPLICANT WILL HAVE :

If your experience or qualifications look different from what we have identified and you think you can be successful in this position, please address this in your cover letter.

Supplemental Information

In addition to a complete profile, please include :

BACKGROUND CHECK :

Prior to a new hire, a background check including education verification, credit check, and criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining applicant's suitability and competence to perform in the position.

At the WSIB you'll experience true work-life balance and talented, passionate co-workers focused on maximizing the investment returns for the exclusive benefit of the beneficiaries. The WSIB is a respected institutional investor and thought leader in its industry and we value diverse perspectives and life experiences.

The WSIB is an equal opportunity employer. Women, people of color and those representing diverse ethnicities, persons of disability, persons over 40 years of age, veterans, military spouses or people with military status, and people of all sexual orientations and gender identities are encouraged to apply.

Employees may be eligible for the following benefits :

; ; ; ; ; ; ; ; ; ; ; ; professional development opportunities; flexible work schedules; and participation in the ; and

An overview of benefits of state employment and WSIB specifically can also be found on our

The WSIB is committed to the full inclusion of all qualified individuals. As part of this commitment, the WSIB will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact HR@sib.wa.gov.

More than Just a Paycheck!

Employee benefits are not just about the kind of services you get, they are also about how much you may have to pay out of pocket. Washington State offers one of the most competitive benefits packages in the nation.

We understand that your life revolves around more than just your career. Like everyone, your first priority is ensuring that you and your family will maintain health and financial security. That's why choice is a key component of our benefits package. We have a selection of health and retirement plans, paid leave, staff training and other compensation benefits that you can mix and match to meet your current and future needs.

Read about our benefits :

The following information describes typical benefits available for full-time employees who are expected to work more than six months. Actual benefits may vary by appointment type or be prorated for other than full-time work (e.g. part-time); view the job posting for benefits details for job types other than full-time.

Note : If the position offers benefits which differ from the following, the job posting should include the specific benefits.

Insurance Benefits

Employees and their families are covered by medical (including vision), dental and basic life insurance. There are multiple medical plans with affordable monthly premiums that offer coverage throughout the state.

Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses. Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.

To view premium rates, coverage choice in your area and how to enroll, please visit the Public Employees Benefits Board (PEBB) website. The Washington Wellness program from the Health Care Authority works with PEBB to support our workplace wellness programs.

Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.

Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.

The Washington State Employee Assistance Program promotes the health and well-being of employees.

Retirement and Deferred Compensation

State Employees are members of the Washington Public Employees' Retirement System (PERS). New employees have the option of two employer contributed retirement programs. For additional information, check out the Department of Retirement Systems' web site.

Employees also have the ability to participate in the Deferred Compensation Program (DCP). This is a supplemental retirement savings program (similar to an IRA) that allows you control over the amount of pre-tax salary dollars you defer as well as the flexibility to choose between multiple investment options.

Social Security

All state employees are covered by the federal Social Security and Medicare systems. The state and the employee pay an equal amount into the system.

Public Service Loan Forgiveness

If you are employed by a government or not-for-profit organization, and meet the qualifying criteria, you may be eligible to receive student loan forgiveness under the Public Service Loan Forgiveness Program.

Holidays

Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.

Note : Employees who are members of certain Unions may be entitled to additional personal leave day(s), please refer to position specific Collective Bargaining Agreements for more information.

Full-time employees who work full monthly schedules qualify for holiday compensation if they are employed before the holiday and are in pay status for at least 80 nonovertime hours during the month of the holiday; or for the entire work shift preceding the holiday.

Part-time employees who are in pay status during the month of the holiday qualify for the holiday on a pro-rata basis. Compensation for holidays (including personal holiday) will be proportionate to the number of hours in pay status in the month to that required for full-time employment, excluding all holiday hours. Pay status includes hours worked and time on paid leave.

Sick Leave

Full-time employees earn eight hours of sick leave per month. Overtime eligible employees who are in pay status for less than 80 hours per month, earn a monthly proportionate to the number of hours in pay status, in the month to that required for full-time employment. Overtime exempt employees who are in pay status for less than 80 hours per month do not earn a monthly accrual of sick leave.

Sick leave accruals for part-time employees will be proportionate to the number of hours in pay status, in the month to that required for full-time employment. Pay status includes hours worked, time on paid leave and paid holiday.

Vacation (Annual Leave)

Full-time employees accrue vacation leave at the rates specified in (1) or the applicable collective bargaining agreement (CBA). Full-time employees who are in pay status for less than 80 nonovertime hours in a month do not earn a monthly accrual of vacation leave.

Part-time employees accrue vacation leave hours in accordance with (1) or the applicable collective bargaining agreement (CBA) on a pro rata basis. Vacation leave accrual will be proportionate to the number of hours in pay status, in the month to that required for full-time employment.

Pay status includes hours worked, time on paid leave and paid holiday.

As provided in , an employer may authorize a lump-sum accrual of vacation leave or accelerate the vacation leave accrual rate to support the recruitment and / or retention of a candidate or employee for a Washington Management Service position. Vacation leave accrual rates may only be accelerated using the rates established WAC 357-31-165.

Note : Most agencies follow the civil service rules covering leave and holidays for exempt employees even though there is no requirement for them to do so. However, agencies are required to adhere to the applicable RCWs pertaining holidays and leave.

Military Leave

Washington State supports members of the armed forces with 21 days paid military leave per year.

Bereavement Leave

Most employees whose family member or household member dies, or for loss of pregnancy, are entitled to five (5) days of paid bereavement leave. In addition, the employer may approve other available leave types for the purpose of bereavement leave.

Additional Leave

Leave Sharing

Family and Medical Leave Act (FMLA)

Leave Without Pay

Please visit the State HR Website for more detailed information regarding benefits.

Updated 07-21-2025

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