Lead Internal Auditor, Methodology

Discover will not sponsor or transfer employment work visas for this position.  Applicants must be currently authorized to work in the United States on a full-time basis.

Discover’s Internal Audit Department (IAD) is committed to providing insightful perspectives, leveraging specialized talent, and delivering a refreshing experience to all of our stakeholders.  These commitments are met through technically skilled professionals who are collaborative, hard-working, and highly motivated to consistently deliver high-quality work in a challenging and fast-paced environment. IAD is viewed as an integral part of Discover’s risk management framework and is valued by management as a trusted partner.

The Professional Practices Internal Audit team ensures accurate and compliant audit methodology processes for the internal audit function.  .  The team completes a variety of activities focused on monitoring emerging practices in the industry and the application within the audit process.   Effective challenge is utilized by the team as audit delivery teams execute on the methodology. 

Focus Areas include:

• Internal Audit Concepts and Processes

• Internal Audit Professional Standards

• Risk Governance and Oversight

• Risk Assessments

• Monitoring and Testing

• Advisory and Programs

• Regulatory Change Management

• Issue Management

• Regulatory Program/Office of Remediation

Responsible for understanding how to perform audit reviews. Must possess working knowledge of audit activities such as, performing client interviews, reviewing business processes, identifying and assess controls, and communicating results with clients, and developing action plans.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

What You’ll Do

• Establish and update methodology relating to performing audit reviews, client reviews, review business processes, identify and assess controls.

• Communicate results with clients and develop action plans.

How You’ll Do It

• Knowledgeable of leading client audits. Develop risk assessment standards. establish and document audit fieldwork and testing methodology. Identify potential findings for discussion with audit management. Discuss findings with clients and develop action plans. Complete review of audit work of assigned staff.

• Knowledge of communicating statuses of audits and findings to clients. Partner with clients to develop solutions to identified findings. Interact effectively with technology, operations, and financial auditors to ensure coverage of audit entity.

• Apply the knowledge of the internal audit processes to the development and updating of methodology focused on the department functioning within professional standards and regulatory guidance. 

• Develop and educate team members. Define expectations with audit staff.

• Identify opportunities to build and leverage available data and analytical tools during planning, fieldwork, and reporting phases of audit engagements

• Design and execute audit testing and validations

• Appropriately identify and evaluate level/tiering of risk

• Provide input into annual audit plan

Qualifications You’ll Need

The Basics

• Bachelor’s Degree in Social Sciences, Engineering, Business Administration or Management, Accounting, Finance, Information Technology, Analytics or related field.

• 2+ years of experience in Applied Sciences, Engineering, Operations, Accounting, Finance, Business, or related field, Computer Science, Data Science, or related experience

Bonus Points If You Have

• 4+ years of experience in Internal Audit, Applied Sciences, Engineering, Operations, Accounting, Finance, Business, or related field, Computer Science, Data Science, or related experience

• 2+ years of experience in Highly Regulated Environment, Payment Network, Related Technology Services, Applied Sciences, Engineering, Operations, Accounting, Finance, Business, Computer Science, Data Science, or related field ​

• Working experience in the financial services, banking, credit cards, or public accounting 

• Experience in project management, Six Sigma or Agile methodologies 

• Experience with automated work paper system (AuditBoard)  

• CIA, CAMS, CRCM, CPA, CISA, or related

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