Manager Audit Services, Fraud - BSC (Hybrid)

Manager, Audit Services, Fraud

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?

Primary Purpose

The Manager, Audit Services, Fraud, is responsible for leading and overseeing the Anti-Fraud, Waste, and Abuse program across Exelon's footprint, encompassing four utility operating companies, more than 10 million customers, and annual expenditures of more than $8.5BN. The role's responsibilities include program design, supporting fraud-related audit engagements, leading fraud risk assessments, developing and delivering organizational training, providing guidance and recommendations to leadership, and assisting in compliance and ethics investigations as required. This role also includes traditional internal audit managerial responsibilities, including execution of internal audit activities to ensure the effectiveness of the organization's risk management, governance, and internal control processes. These responsibilities include risk assessment, developing and implementing audit plans, evaluating the adequacy and effectiveness of internal controls, and providing insights and recommendations to enhance operational efficiency and mitigate risks. The Manager, Audit Services, Anti-Fraud will also play a key role in coaching and developing audit team members, fostering a high-performing learning environment, and serving as a liaison to business partners to ensure alignment with organizational objectives.

Primary Duties

Lead Audit Services' Anti-Fraud, Waste, and Abuse program. Includes promoting a culture of fraud awareness, identification and management; conducting and leading audits to evaluate risks related to fraud, waste, and abuse; contributing expertise concerning fraud, waste, and abuse to controls design and risk assessment processes; assisting in compliance and ethics investigations involving fraud, waste, and abuse; and developing and executing training programs focused on preventing and detecting fraud, waste, and abuse. (50%)

Plan, coordinate and execute core assurance and business enablement activities leveraging our common assurance and enablement framework. Includes the preparation and delivery of formal communications expressing opinions and providing insights on the adequacy and effectiveness of business processes and internal controls (30%)

Provide active coaching and support of internal audit staff members to support a high performing learning organization (10%)

Serve as liaison to business partners to understand the operations and desired outcomes while building and maintaining business relationships (5%)

Lead strategic business initiatives to continuously improve internal processes that optimize internal controls and reduce total cost of controls, within Audit Services and across business process areas (5%)

Job Scope

Individual will be expected to display advanced proficiency in the following skill areas and consistently execute these skills in their work within the Audit Services team. Analytical - applies critical thinking and intellectual curiosity to solve complex problems with various tools and techniques. Demonstrates rapid learning and agility to factor cost of controls proactively and effectively into defining issues and issue resolution. Proactively identifies and drives improvements to optimize and simplify business processes. Communication - provides clear written and verbal communication while actively engaging and leveraging active listening skills. Adapts messaging based on audience and situation while exhibiting strong understanding of the business. Constructively challenges issues through use of crucial conversations. Talent Development - applies situational leadership to provide feedback and actively engage with others. Leverages coaching to enhance talent development and to build skills and capabilities. Able to translate feedback into action while self-identifying development areas and career opportunities. Actively demonstrates emotional intelligence and self-awareness. Risk and Controls Mastery - Demonstrates ability to identify, assess and mitigate risk using a holistic perspective, as well as formulating action plans to achieve desired business outcomes. Applies professional judgement and strong understanding of company control frameworks and processes, to strengthen the control environment while preventing and detecting fraud, waste and abuse. Individual will have frequent interaction with senior business leaders and other internal business customers. Individual may manage teams across multiple geographies and will have some work-related travel, depending on nature and scope of work activities.

Minimum Qualifications

Undergraduate degree in Accounting, Business, or equivalent degree; In lieu of degree, 9-12 years of professional work experience

7 years of experience leading investigations and / or audits related to fraud, waste, and abuse, compliance, and misconduct, including evaluations of underlying causes.

Demonstrated strong analytical and oral and written communication skills, including in drafting and presenting reports.

3 years of supervisory experience

Preferred Qualifications

Strong familiarity with audit practices and procedures.

Proven ability to assess and design fraud risk management strategies, including operating model design, fraud analytics, and experience with anti-fraud operations.

Strong collaboration skills, with the ability to work closely with management to define enterprise fraud control objectives, develop strategies for evaluating control effectiveness, and provide an enterprise perspective on priorities and solutions for mitigating gaps in controls.

Advanced data analytics capabilities, including the ability to analyze large datasets, identify patterns, trends, anomalies, and fraud schemes, and interpret complex financial data.

Proficiency in creating analytical dashboards or similar visualization tools to streamline discussions with stakeholders and improve understanding of risk indicators, key controls, and risk exposure levels.

Thought leadership in fraud prevention and driving innovation in fraud risk management practices.

Familiarity with the application and interpretation of regulatory frameworks.

Relevant professional accreditation (e.g. CIA, CFE, CPA, CFF)

Advanced degree in a relevant field (e.g., Accounting, Finance, Business Administration, Data Analytics, Law, or Criminal Justice)

Benefits

Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors : $108,000.00 / Yr. $148,500.00 / Yr.

Annual Bonus for eligible positions : 20%

401(k) match and annual company contribution

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding / primary caregiver leave or parental leave

Employee Assistance Program and resources for mental and emotional support

Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement

Referral bonus program

And much more