Senior Internal Auditor

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

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…