Senior Risk & Internal Controls Advisor

Blue Cross and Blue Shield of North Carolina; Wyoming (OH); Hybrid; USD 89,000 - 143,000; Full time

Benefits offered by this job

Hybrid work model

Flexible in-person/remote

Job summary

Blue Cross NC seeks a Senior Risk Advisor to provide audit and advisory services across non-insurance operating assets, focusing on financial and strategic risks and controls. You will partner with management to develop and operationalize core processes and internal controls across subsidiaries.

Reporting to the Financial Audit & MAR Manager, you will help design, implement, and monitor effective controls, train management, and lead walkthroughs and audits as needed.

Qualifications

• Bachelor's degree or advanced degree (where required).
• 5+ years of experience in related field.
• In lieu of degree, 7+ years of experience in related field.

Responsibilities

• Assist Audit Manager in performing audit and advisory engagements related to key organizational initiatives.
• Utilize the COSO internal control framework to assist management in the design, implementation, and monitoring of entity-level controls at the company's subsidiaries to strengthen corporate governance, support and foster a strong control environment, and establish an enterprise framework for ongoing control activities.
• Analyze organizational and financial processes to identify and assess risks, identify gaps, develop mitigation strategies, and provide recommendations to management regarding enhancements to the control environment and governance structure.
• Document business processes, risks, internal controls, and testing procedures in accordance with the department's framework and documentation requirements.
• Provide continuous training, guidance, and consulting for management regarding risk identification, assessment, management, and mitigation.
• Perform various financial and other ad-hoc audits as needed, identify exceptions/deviations, and report findings.
• Perform control deficiency assessments, develop corrective action plans, and validate management's remediation actions.
• Proactively identify and communicate risks to the business and Audit leadership timely.
• Independently lead walkthroughs, perform testing, and develop advisory/audit plans.
• Provide recommendations to balance risk mitigation with organizational efficiencies.
• Produce high-quality, coherent audit reports.
• Communicate effectively and professionally to management, peers, and business partners.

Skills

Audit engagements

Risk assessment

Internal controls

Process improvement

Training & guidance

Governance

Education

Bachelor's degree or advanced degree

Tools

Optro/AuditBoard

Microsoft Excel

Visio

Word

PowerPoint

Job description

Blue Cross NC seeks a Senior Risk Advisor to provide audit and advisory services across non-insurance operating assets, focusing on financial and strategic risks and controls. You will partner with management to develop and operationalize core processes and internal controls across subsidiaries.

Reporting to the Financial Audit & MAR Manager, you will help design, implement, and monitor effective controls, train management, and lead walkthroughs and audits as needed.