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Internal Auditor in Philadelphia, PA at Radian Group Inc

Date Posted: 3/28/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    3/28/2019

Job Description

Radian (we, the Company) is one of the largest mortgage insurers in the nation and continues to help ensure the American dream of ownership. We are powered by technology, informed by data and driven to deliver new levels of service and innovation to our customers across the residential and real estate spectrum.

Overview
Under the supervision and direction of the Internal Audit (IA) Manager, the Internal Auditor is responsible for the various stages of the operational, financial and compliance audits for the Company and its subsidiaries. The Internal Auditor will work with the other members of the team to perform other internal audit related initiatives to support the execution of the department's annual audit plan. The Internal Auditor will be reporting to the IA Manager.

About IA at Radian

The IA function at Radian is a third line of defense that reports to the Audit Committee of the Board of Directors. We are a team of 14 auditors and are based in Philadelphia, PA. The IA team objectives include:

  • Provide independent, objective assurance and consulting services designed to add value by improving the internal controls and operations of Radian and its subsidiaries
  • Help Radian accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes
  • Assess first and second lines of defense effectiveness

Duties and responsibilities

  • Execute the annual IA Plan as directed by IA management. For each audits or advisory related activities, responsibilities include, but not limited to:
    • Performs related research, develops the shell of certain planning documents (e.g. engagement memos, audit kick-off decks, etc.) through supervisor guidance and coaching and completes all assigned tasks including set up of project in IA’s audit software
    • Attend discovery and walkthrough meetings and take detailed notes to help with the preparation/execution of the audit
    • Under appropriate supervision, interacts with all levels of management to schedule meetings, obtain supporting documentation and performs testing (including walkthroughs)
    • Complete clear and well-organized audit workpapers that appropriately documents the testing that was performed (i.e. supervisor reviewing the testing can follow the ticking and tying of testing documentation with minimal interaction with the Internal Auditor and testing documentation supports the testing conclusions)
    • Clearly and accurately document the execution of internal control procedures (walkthrough documentation)
    • Uses root cause analysis for problem solving and communicates potential issues timely to supervisor
    • Timely addressing of review notes provided by supervisors
    • Prepares the shell of the draft audit report under the supervision and guidance of the supervisor
  • Adherence and compliance to the IAD’s Service Level Agreements (e.g. minimum of 40 hours of training/professional education annually, completion of the IAD’s annual independence confirmation, etc.)
  • Collaborate with other team members on other projects
  • Contribute ideas/opinions, listen/respond to other team members' views
  • Perform other related duties and responsibilities as assigned

Qualifications

  • Undergraduate degree or equivalent experience is required with emphasis in Finance, Accounting or Management Information System (MIS); specific experience in Auditing preferred
  • 1-3 years of auditing experience (will also consider recent graduate with internship experience)
  • Basic understanding of business processes, internal controls and auditing technique/skills
  • Basic knowledge of Sarbanes-Oxley (SOX)
  • Basic report writing skills, including an ability to effectively document operational processes via written word and workflow diagrams
  • Willing to travel (20%) domestically
  • Proficient in Microsoft (Excel, Word and PowerPoint)
  • Ability to work effectively as part of a team, while also successfully executing independent assignments
  • Ability to research relevant compliance, industry and technical matters
  • Ability and willingness to learn and follow directions from the IA Manager to execute audits
  • Ability to build and nurture positive working relationships with auditees with the intention to exceed their expectations
  • Ability to maintain a high level of confidentiality and professionalism
  • Creative-minded individual with critical outside-the-box thinking to solve problems
  • Strong oral and written interpersonal communication skills
  • Demonstrates upbeat, collaborative, and can-do attitude with a strong work ethic

Education and Credentials

  • Required:    Bachelor’s Degree,  Concentration in Accounting, MIS or related
  • Preferred:    CISA, CPA, or CIA

Location:

  • 1500 Market Street, Philadelphia, PA 19102

EEO Statement

Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment.  All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.

If you are a person with a disability and need assistance in the application process please send an e-mail message to recruitment@radian.biz.

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