Oregon State Treasury is recruiting for the position of Chief Audit Executive. The primary purpose of this position is to manage the agency’s internal controls as they relate to the reliability and integrity of information, compliance with policies, plans, procedures, laws, and regulations, the safeguarding of assets, the economical and efficient uses of resources, the accomplishment of established objectives and goals for operations or programs, and the overall risk management of operations.
Oregon State Treasury (OST) is led by Tobias Read, State Treasurer, a constitutional officer and statewide elected official. OST is an organization with a wide range of financial responsibilities, including managing the state's pension fund, issuing all state debt, and serving as the central bank for state agencies. OST manages the daily investment of approximately $100 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. OST also manages a banking program that processes over $250 billion in transactions annually, a debt management program responsible for issuing and monitoring approximately $10 billion in state debt, a multi-faceted 529 savings plan, and an IRA based retirement savings program for the public. The 150+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.
We are committed to building and fostering a diverse and inclusive work environment. We believe that everyone comes to the table with a distinct point of view – one that is shaped by backgrounds, experiences, cultures, thoughts, and ideas. We embrace diversity and inclusion and believe it creates a culture of respect, innovation, and creativity that empowers our success and makes Oregon State Treasury an excellent place to work.
The responsibilities of this position include, but are not limited to, the following:
Plans and performs all aspects of highly complex engagements including audits of the effectiveness of the internal controls for multi-billion dollar investment funds, agency wide information system development processes, agency information security, and other specialized engagement topics;
Assesses agency operations, processes and controls, identifies, documents and presents recommendations for improvement and suggestions for management consideration;
Provides leadership to Internal Audit Services (IAS), including oversight, plan development, budget and progress tracking;
Responsible for management and supervisory duties, such as planning, organizing, directing, staffing and coordinating day to day activities of staff; and
Serves as liaison to the Oregon Secretary of State Audits Division and any other external audit teams contracted by the Audits Division or Oregon State Treasury.
Benefits of Joining OST
Employee premium share at 5% or 1%, for medical, dental, vision, and basic employee life;
Paid leaves, such as vacation, personal business, holidays, sick leave, and special holiday leave;
Participation in the Oregon Public Service Retirement Plan (OPSRP), after 6 months of service. OPSRP has two components, the pension plan and the individual account program (IAP).
Support with training and development so employees have the tools they need to reach their fullest potential;
Employees may be eligible to receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF);
Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, weight watchers, and more!
Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment and personal references, credit history, driving records and fingerprint-based state and federal criminal and civil records. Adverse background data may be grounds for immediate disqualification.
OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I-9, confirming authorization to work in the United States.
Eligible veterans who meet the qualifications will be given veterans' preference. To receive preference you MUST attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources. You may also call the Oregon Department of Veterans' Affairs at 1-800-692-9666
OST is an equal opportunity, affirmative action employer committed to a diverse workforce.
You must have the following to qualify for this position:
Six years of management experience in a public or private organization which included responsibility for each of the following: a) development of program rules and policies, b) development of long- and short-range goals and plans, c) program evaluation, and d) budget preparation.
Experience as a Chief Audit Executive within government;
Financial institution experience;
Current CPA license;
Assurance, consulting, and advisor experience;
Ability to prioritize risk and weigh risk opportunity with business needs;
Excellent interpersonal skills with high emotional intelligence;
Adaptable and flexible, with the ability to tolerate ambiguity; and
Self-motivated and resourceful, with strong initiative and accountability.
How to Apply
In order to apply and be considered for this position, you are required to upload your resume, and a cover letter describing your experience in the development of program rules and policies, development of long- and short-range goals and plans, program evaluation, and budget preparation.
About Oregon State Treasury
Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future.