Director of Internal Audit
Listed on 2026-03-13
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Finance & Banking
Financial Compliance, Risk Manager/Analyst -
Management
Risk Manager/Analyst
Director of Internal Audit
First round of application reviews will take place on Monday, March 23, 2026. OCERS offers a competitive benefits package, a defined benefit pension plan with reciprocity with the Public Employees Retirement System (PERS), a deferred compensation 457 plan, up to an annual $10,000 Educational and Professional Reimbursement, a $3,500 taxable optional benefit plan, annual leave, and a flexible/hybrid work schedule.
DescriptionThe Orange County Employees Retirement System (OCERS) is now accepting online applications for the Director of Internal Audit. This recruitment is open to the public and will remain open until the vacancy is filled. Applications will be accepted on a continuous basis until the needs of OCERS have been met. The first round of application reviews is scheduled for Monday, March 23, 2026.
Interested applicants are encouraged to apply immediately.
Established in 1945, OCERS provides retirement, death, disability, and cost‑of‑living benefits to retirees of the County of Orange and certain County districts. Serving approximately 55,000 members, OCERS is governed by a ten‑member Board of Retirement that manages a $28 billion fund. For more information about OCERS, .
MissionOCERS mission is to provide secure retirement and disability benefits with the highest standards of excellence.
VisionOCERS vision is to be a trusted partner providing premier pension administration, distinguished by consistent, quality member experiences and prudent financial stewardship.
Values- Open and Transparent
- Commitment to Superior Service
- Engaged and Dedicated Workforce
- Reliable and Accurate
- Secure and Sustainable
The Director of Internal Audit will report directly to the Audit Committee with functional support from the Chief Executive Officer and will oversee department direct reports. This position coordinates internal audits to ensure a comprehensive system of financial and operational controls, assists the Board of Retirement and management in the discharge of fiduciary responsibilities, and maintains the highest standards of accountability, plan sponsor focus and system efficiency.
The Director sets the scope of work and audit objectives while ensuring completion in a timely manner.
- Oversee the Internal Audit department to ensure adherence to the Global Internal Audit Standards set by the Institute of Internal Auditors and the relevant OCERS Internal Audit charters.
- Manage audits of OCERS internal divisions and employers; determine the nature of operations and formulate objective opinions on the adequacy, effectiveness, efficiency, and compliance of systems or programs reviewed.
- Develop annual risk assessment and audit plan.
- Develop a methodology for following up on audit recommendations and measuring performance.
- Verify and analyze transactions, management representations, documents, records, methods of reporting, receipts, disbursements, etc., for adequacy, effectiveness, errors, irregularities, and inconsistencies.
- Audit records to determine compliance with stated goals and objectives.
- Evaluate information system controls and assess system security and data integrity.
- Perform data analysis.
- Report on the effectiveness and adequacy of internal control systems.
- Prepare and present written audit reports with recommendations on findings and follow up on the status of findings and recommendations.
- Prepare and review work papers, correspondence, and final reports.
- Make recommendations for the correction of unsatisfactory conditions, improvements in operations, and reductions in costs.
- Facilitate strategic professional growth for staff and cultivate their skills in alignment with the OCERS Internal Audit methodology for succession and other purposes.
- Develop and manage the annual department budget and operate within established funding levels.
- Maintain positive/constructive written and oral communications with OCERS personnel throughout the audit process.
- Collaborate with subject matter experts, including legal and actuarial teams, to evaluate complex areas.
- Support the development of automated and other technological tools, such as…
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