Senior Internal Auditor

The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future.  The NYISO’s Internal Audit department invites applications for a full-time Senior Internal Auditor.

The Senior Auditor is responsible for performing audits and related projects as part of the annual audit plan. This includes assessing the design and effectiveness of internal controls, identifying control weaknesses and process improvements, and proposing corrective actions or improvement recommendations. Areas of coverage include but are not limited to NYISO’s grid operations, market operations, market structures, system and resource planning, IT general controls, finance and accounting, customer settlements, and credit monitoring, as well as all regulatory and compliance requirements (e.g., FERC, NERC, NPCC, NYISO Tariffs, and SOC1).

This role requires the ability to execute concurrent projects, learn new subject matter quickly, perform data analytics, and interpret complex Tariff and other legal documents. The ability to work in a team and effectively communicate with all levels of management are essential. Oversight of the daily activities of staff auditors may occasionally be required. 

This position reports directly to the Director, Internal Audit. 

ESSENTIAL DUTIES and RESPONSIBILITIES  

• Lead audits and related projects as part of the annual audit plan. Areas of coverage include but are not limited to NYISO’s grid operations, market operations, market structures, system and resource planning, IT general controls, finance and accounting, customer settlements, and credit monitoring, as well as all regulatory and compliance requirements (e.g., FERC, NERC, NPCC, NYISO Tariffs, and SOC1). 

• Conduct risks assessments of assigned NYISO business areas, identifying gaps in processes, procedures, compliance requirements, or internal controls. Prepare audit procedures and test controls using statistical data sampling and data analytics, where applicable. 

• Complete audit procedures with limited supervision and document audit results in accordance with the standards of the Institute of Internal Auditors (IIA) and other departmental procedures. 

• Assess the design and effectiveness of internal controls, identifying control weaknesses and process improvements, and proposing corrective actions. 

• Demonstrate strong listening and communication skills, both verbal and written, to effectively draft reports and present to all levels of staff and management. 

• Review and interpret complex documents, including NYISO Tariffs, accounting journals, regulatory papers, or other legal documents. 

• Conduct independent research to identify best practices and industry benchmarks and incorporate such information into audit department procedures or recommendations for management. 

• Assist the Director, Internal Audit in hiring and managing the daily activities of external auditors or other consultants, including the scheduling of resources, monitoring of progress, coordination of meetings, and evaluation of work product. 

• Routinely coordinate with business function management and use sound auditor judgement in the execution of assignments.  

• Maintain strong time management and organizational skills to manage concurrent engagements, prioritize tasks, and complete work in a timely manner. Work both independently and with the audit team. 

• Occasionally oversee the daily activities of other audit staff, providing guidance and feedback to ensure work is completed timely and in accordance with IIA standards and departmental procedures.  

• Assist the Director, Internal Audit in departmental administrative procedures, such as budgeting, time management, goal development, and annual audit planning. 

 Qualifications:

• Bachelor’s degree (B.S.) in Accounting, Finance, Computer Science, Information Systems, Electrical Engineering or other relevant discipline required or equivalent combination of education, training and experience.
• Seven years of experience working in Internal Audit, Information Technology, and/or utility/energy operations.
• Working knowledge of Internal Audit processes and prior experience leading audits and/or reviewing the work of staff auditors is essential. Familiarity with FERC regulations, NYISO Tariff requirements, and/or SOC 1 audits is desired.
• Strong communication and writing skills are essential, with a desire to learn new areas and understand risks. Works well in both a team environment and managing individual tasks.
• Experience working for professional services firm providing audit, assurance management consulting, advisory, IT consulting, or corporate finance preferred.

CERTIFICATES, LICENSES, REGISTRATIONS  
Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), or other appropriate accreditation is desired. 

ADDITIONAL REQUIREMENTS 

• Ability to read, analyze and interpret complex documents such as common scientific and technical journals, financial reports, and legal documents.   
• Ability to effectively present information in both a verbal and written format, to auditees, management, public groups and/or Boards of Directors and respond to questions. 
• Ability to define problems, collect data, establish facts, and draw conclusions. 
• Ability to work with mathematical concepts such as probability and statistical inference and fundamentals of geometry/trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. 
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written oral, diagram or schedule form. 
• Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs.   

PHYSICAL DEMANDS  
While performing the duties of this job, the employee is regularly required to talk or hear.  The employee frequently is required to stand, walk, sit and use hands to perform routine office tasks.  The employee is occasionally required to reach with hands and arms.  The employee must occasionally lift and/or move up to 15 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

 WORK ENVIRONMENT  
The noise level in the work environment is usually moderate.  Contact with staff and public will occur.  Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays.   

Please note: The position will be filled at the level (Auditor I, Auditor II, Senior Auditor) appropriate with experience and qualifications.

At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas of maximum collaboration, relationship building and growth, teamwork, innovation and problem solving, as well as professional development and mentoring. In this role, you will be required to work onsite from our Rensselaer, NY location several days per workweek, with the option to work remotely on the remaining days. You will also be expected to respond to all business needs that may require any increase to the regular onsite requirements.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.