Position Information

Position Information Message
Director of Internal Audit--DCRB
The District of Columbia Retirement Board (“DCRB”) is seeking to fill a newly created Director of Internal Audit position. The Director of Internal Audit will be responsible for working with DCRB’s General Counsel, Executive Director, and the Audit Committee of the Board of Trustees to determine the scope of activities for the agency’s internal audit and compliance functions, as well as building a framework for managing risks across DCRB’s operations. The Director of Internal Audit position will report to DCRB’s General Counsel. This role is responsible for the development and implementation of a comprehensive internal financial, procedural, and compliance audit program. The audit program will evaluate internal control measures, policies, and information systems. The Director of Internal Audit is responsible for identifying and reporting conditions perceived to pose risks or potential losses to the organization, and for notifying management and the Audit Committee of perceived irregularities, fraud, or other acts detected through the application of usual and customary audit procedures.

• Identifies risk to the organization, and works with management to develop processes that minimize risks and encourage efficiency and effectiveness.
• Consults with DCRB departments regarding business risks, control objectives, and techniques.
• Develops an annual risk-based audit plan, and presents the plan to the Audit Committee for review and approval.
• Leads program initiatives and coordinates across diverse stakeholders that span organizational boundaries.
• Plans audit schedules, and develops audit scope, work paper, and report-format presentations.
Director of Internal Audit (#20191212) Page 2 of 4
• Develops and provides summaries of Internal Audit activity to the Audit Committee; works with the Audit Committee Chair to schedule and organize regular Committee meetings; and responds to requests of the Audit Committee.
• Coordinates activities within the annual external audit to accomplish a thorough and efficient review of DCRB’s organization.
• Performs testing to assess compliance with policies, procedures, and management directives.
• Monitors professional auditing standards, and stays abreast of relevant changes.
• Manages special audit-related projects.
• Builds within the agency an understanding of the policies, procedures, and laws applicable to DCRB’s operations and the management of the plan assets.
• Implements a program for working with management to remediate findings within an audit, and confirms the resolution of any issues identified.
• Coordinates with the General Counsel, Audit Committee, and senior management to define an escalation protocol for addressing material issues or issues that remain unresolved by management after a predefined amount of time.
• Performs ongoing reviews of DCRB’s controls infrastructure, and researches industry leading practices to evaluate the adequacy and comprehensiveness of the agency’s existing controls.
• Conducts regular meetings with management to identify business changes that may impact the effectiveness of DCRB’s control infrastructure, and identifies areas for control enhancements or more comprehensive management-oversight programs.
Position: Director of Internal Audit--DCRB
Organization: District of Columbia Retirement Board
Location: ,  DC 
United States
Salary: $130,114 - $162,642 starting salary
Posting Start Date: 4/30/2020
Date Posted: 4/30/2020
• Bachelor’s degree in Accounting, Business Administration, or related field from an accredited college or university.
• Certification as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Internal Systems Auditor (CISA), or Certified Government Financial Manager (CGFM) will distinguish the most attractive candidates.
• Significant experience (ideally ten or more years) in a senior audit leadership capacity.
• Experience in a public pension fund, financial or insurance organization, or public sector entity is preferred.
• Experience working closely with a board and audit committee is strongly preferred.
• Knowledge of governmental and pension industry-specific accounting reporting requirements (in particular Generally Accepted Accounting Principles (GAAP)), and familiarity with Sarbanes-Oxley (SOX) is a plus.
• Working knowledge of institutional investing, benefits processing, and information technology controls and risk is preferred.
• Working knowledge of actuarial concepts and their impact on defined benefit plan funding levels is preferred.
• Proficiency in the MS Office Suite.

HOW TO APPLY: Applicants must submit a completed DC2000 Employment Application form, letter of interest discussing eligibility and qualifications, and resume. The DC2000 Employment Application is available as a fillable file document on the “Working at DCRB” page on DCRB’s website. You may view the page here: http://dcrb.dc.gov/service/working-dcrb
Applicants claiming Veterans Preference must submit official proof with application.
All educational and experience requirements used to determine eligibility for this position must be officially verified at the time of appointment. No offer of employment will be deemed fulfilled without such verification(s).

WHERE TO APPLY: Via Fax to: (202) 343 – 3302, Attention: HR Director

Via Email to: dcrb.vacancies@dc.gov
Status: This listing expires on: 5/30/2020
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Organization Information
District of Columbia Retirement Board

,  DC 
United States
(202) 343-3302


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