Voya Financial, Inc

Internal Auditor

Voya Financial, Inc • $71K — $118K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 2 years experience in auditing or relevant business.
  • Bachelor's degree in Accounting, Finance, or Business.
  • Emerging understanding of Lines of Business strategy and risks.
  • Strong analytical and problem-solving skills.
  • Basic knowledge of internal controls and US GAAP.

Responsibilities

  • Assist in planning and executing audits across Lines of Business.
  • Conduct audit planning and prepare/revise audit programs.
  • Perform audit procedures and summarize findings in working papers.
  • Test key controls to assess their effectiveness.
  • Prepare audit issue documentation with recommendations for improvement.
  • Communicate audit results to Line of Business management.
  • Supervise Associate Auditors on specific projects.

Benefits

  • Health, dental, vision, and life insurance plans.
  • 401(k) plan with up to 6% company matching contributions.
  • Employer-paid cash balance retirement plan (4%).
  • Tuition reimbursement up to $5,250 per year.
  • Paid time off including 20 vacation days and 9 holidays.
Full Job Description
Get to Know the Opportunity:

Position will assist Associate Auditor, Senior Auditor or Audit Manager in the planning and execution of individual audits within or across Lines of Business or Function (LOB) within Voya Investment Management to ensure controls are in place to avoid losses and meet regulatory requirements. The Auditor will perform testing of the system of internal controls, test compliance with established policies and procedures, and identify opportunities to improve operational efficiency and will participate in a variety of auditing assignments.

The Contributions You'll Make:

Technical
  • Assist with the planning and execution of audits within the LOB, including:
  • Conducting audit planning activities and preparing or revising audit programs to accomplish audit objectives
  • Performing audit procedures and preparing acceptable working papers which record and summarize audit data and adequately support conclusions
  • Performing testing of key controls in accordance with established standards and protocols to determine whether the controls are operating effectively
  • Utilizing the Computer Assisted Auditing Tools (CAATs) reports that were developed to test controls
  • Exercising judgment in documenting audit results, analyzing results and testing conclusions
  • Preparing potential audit issues in the event that exceptions are identified, taking into consideration the root cause of the issue and providing a realistic recommendation for enhancing internal controls or efficiency of operations
  • Working with supervisor to communicate audit test results to Line of Business management verbally and through audit recommendations
  • Perform special projects/assignments at the direction of Audit Management
  • May supervise Associate Auditor in performance of specific projects or audits.


Client
  • Communicate LOB/Function audit concerns to supervisor to assist in ensuring the client's efforts to address high risk issues are resolved


Overall
  • Responsible for personal development through enhancement of technical and audit skills in the LOB and active participation in the performance management process
  • Continue to grow a personal support network by developing and building relationships throughout Internal Audit and within the LOB
  • Develop effective leadership and teamwork skills
  • Assist Internal Audit Management in the Department's recruiting efforts
  • Participate in creating and leading changes by identifying pragmatic improvement opportunities
  • Lead with passion and clarity by effectively managing her/his own professional development


Minimum Knowledge & Experience:
  • Minimum of 2 years of experience in auditing or relevant business.
  • Bachelor's degree with a major/minor or emphasis in Accounting, Finance or Business is required
  • Exhibits emerging comprehension of the LOB strategy, products, operations and potential risk areas
  • Builds effective and collaborative peer-level relationships and works well in teams
  • Works independently in order to contribute to team objectives
  • Demonstrates analytical and problem solving skills
  • Proactively identifies and escalates issues (if applicable) to supervisor as they arise
  • Good written and verbal communication skills
  • Adaptable and open to new ideas and change
  • Demonstrates time management and the ability to effectively balance multiple tasks
  • Ability to complete work with limited instructions, yet know when to seek guidance from supervising staff when circumstances warrant
  • Curious and demonstrates a desire for self improvement and continuous learning, seeks advice and coaching from seniors
  • Proactive in recommending improvements to departmental audit practices and processes
  • Basic knowledge of US GAAP, internal controls, business processes, and IIA standards
  • Basic knowledge and understanding of Accounting/Financial Risk, Insurance Risk, Market & Credit Risk , IT Risk and Compliance Risk

#LI-SS1

Compensation Pay Disclosure:

Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$71,090 - $118,500 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer
  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan - with generous company matching contributions (up to 6%)
  • Voya Retirement Plan - employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time - 40 hours per calendar year


Learn more about Voya benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:
  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.


Learn more aboutCritical Skills

About Voya Financial, Inc

Voya Financial, Inc. is an American financial, retirement, investment, and insurance company based in New York City. The company was formed in 1991 as ING U.S., Inc. and was renamed Voya Financial in 2014. Voya Financial operates in the United States and has more than 6,000 employees. The company provides retirement, investment, and insurance solutions to individuals and businesses.
Learn more about Voya Financial, Inc
Size
6,000 employees
Market Cap
$5.8 billion
Industry
Net Income
-$206 million
Founded
1991
5 Year Trend
-13.7%
Revenue
$7.7 billion
NASDAQ

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