Internal Auditor

Internal Auditor

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.

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.

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.

Competitive applicants 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.

In addition to a complete profile, please include :

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.