Associate VP, Internal Assurance

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POSITION SUMMARY

This position will have primary responsibility for working collaboratively with Banner management to assure effectiveness and efficiency of governance, risk management, and control processes, reliability of operations, and safeguarding of assets. Directs internal audit activities including risk assessment, planning, audit execution, reporting, and follow-up. Provides administrative oversight of team members as well as external staff from third-party organizations. Supports Banner’s Enterprise Risk Management function. This position will prepare and periodically presents reports to the Audit Committee. Manages relationship with external auditors and consultants. Maintains all organizational and professional standards.Creates and directs internal audit improvement opportunities. Acts as a role model for Banner’s values and demonstrates high ethical standards.

CORE FUNCTIONS
1. Develop and implement audit strategy in accordance with the internal audit charter and Global Internal Audit Standards (Standards). Leads the planning, execution and reporting of internal assurance engagements aligned with Banner Health’s short and long-range goals and regulatory requirements to assess effectiveness of organizational governance, risk management and control processes. Provide leadership and expertise in developing, executing, implementing, overseeing, and evaluating a comprehensive risk-based audit plan to evaluate the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard the company’s assets, and comply with laws and regulations. Incorporate best practices and respond to emerging trends and risks to enhance operations, programs, and/or services. Implement and evaluate strategic programs, develop effective tools to measure performance, analyze related data, prepare reports, and make recommendations to senior leadership based on findings. Establish and maintain a quality assurance program to ensure internal audit activities comply with professional standards and bet practices.

2. Oversees the management of the internal assurance services department, including strategic planning, obtaining, and deploying financial, human, and technological resources staff development and performance evaluations. Direct, supervise, and evaluate the work of direct staff and matrixed employees. Accountable for achieving plans and performance targets. Work with cross-functional team members to identify and address risks and  issues. Support development and continued professional growth to meet company and individual goals for long-term success. Demonstrate and drive continuous quality improvement utilizing processes that include consideration of all stakeholders and conformance with the Standards.

3. Build and support effective relationships with internal and external stakeholders and organizations. Develop partnerships, coordinate activities, review work, exchange information, and/or resolve issues related to the audit function. Advise senior management with respect to organizational control frameworks, and operational efficiencies. Review, prepare, analyze, and present reports and recommendations to senior leadership regarding operations, programs, services, and/or other applicable areas of interest provide concise and accurate information that aids in decision-making.

4. Manage the relationship with external auditors and consultants to ensure an effective audit process. Coordinate with external auditors and regulatory bodies to ensure compliance with external auditing requirements and to facilitate external audits and examinations. Work collaboratively with Banner’s independent auditors and management to ensure a system of effective controls that can be relied upon for audit assurance purposes.

5. Provide support for Audit Committee meetings of the Board of Directors, including the preparation of agendas, reporting of internal assurance audit findings and presentation of internal assurance audit plans and strategies.

6. Direct and participate in developing, implementing, and consistently applying effective organizational policies, procedures, and practices. Develop and supports internal controls to ensure that assets are safeguarded, policies and operating procedures are followed, necessary controls are effective and efficient, and compliance with current laws and regulations is achieved and maintained. Coordinate, plans and execute audits by working with leaders and appropriate staff to develop audit programs that document, assess, and monitor controls over risks.

7. Develop and manage department budget consistent with corporate goals and objectives. Translate organizational plans, goals, and initiatives into assumptions for annual operating and/or capital budgets. Negotiate contracts with external vendors for products and/or services and monitor/evaluate quality and/or performance.

8. Provide direct leadership with accountability for the internal audit function across the system. Communicate internal assurance department vision, translating it into actionable projects and activities. Maximize management staff’s contributions and assure timely decision-making reflecting the mission, vision, and values of the system.

9. Participate as a subject-matter expert and may lead or facilitate task forces, teams, and/or councils to plan, implement and coordinate programs, services, and/or activities for the organization. May serve as a staff resource to the organization’s Governing Board and/or applicable committees.

MINIMUM QUALIFICATIONS

Bachelor’s Degree in Accounting, Business, Finance, Healthcare Administration, or relevant field or equivalent level of education and experience.

Expert knowledge in professional ethics and the principles, practices, and operations in assigned area of responsibility as normally obtained through a minimum of 15 years of progressive experience, including internal audit technical expertise, personal skills, internal audit delivery, and improvement and innovation. A minimum of 10 years of management level experience within a healthcare system setting or large multi-operational, complex corporate environment. 

Required certification as a Certified Internal Auditor (CIA), Certified Healthcare Internal Audit Professional (CHIAP), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA).

Proven track record of driving successful performance outcomes and accomplishing organizational goals. Must demonstrate skills and business acumen through direct leadership experiences such as: anticipating and responding to the needs of internal and external customers, managing a budget and financial plans, building partnerships with management, staff, and stakeholders to achieve department goals and objectives, managing problems and situations where uncertainty is inherent, persuading others to adopt a particular stance on an issue, developing and evaluating best practices and emerging trends for organizational applicability and appropriateness, constructing new and innovative solutions for complex and varying problems and situations while considering the larger perspective or context, mentoring and coaching staff by providing open and honest feedback to enhance performance, developing and implementing strategic goals and initiatives that support organizational success, demonstrating excellent human relations, organizational and communication skills, demonstrating a passion about continuously improving and providing high quality care and service excellence to customers, patients, families, employees and/or physicians.

This position requires the skill to negotiate and influence. Customers of this position are both internal and external, including leadership, staff, medical staff, regulatory agencies, and/or the community. Effective oral and written communication required.

PREFERRED QUALIFICATIONS

A master's degree. Additional education/certifications and/or experience, e.g., academics, compliance, data analytics, health plan, HIPAA Security and Privacy, information technology, or research.

Additional related education and/or experience preferred.