Senior Auditor - Military Veterans
at GM Financial
Overview
Why Internal Audit?
The Internal Audit team at GM Financial is dedicated to delivering independent, objective assurance and advisory services to add value and enhance GMF operations and systems. This role offers a high degree of learning opportunities, including gaining a strong understanding of GM Financials' robust global business. Due to the dynamic business environment, being agile and self-driven with a personal desire to grow, valuing attention to detail, communicating effectively, as well as possessing the ability to foster and maintain strong partnerships, are crucial for this role.
If you enjoy a fast-paced environment, love collaborating with others, and are ready to enhance your career, this is the right role for you.
At GM Financial, our team members define and shape our culture - an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.
Our Purpose: We pioneer innovations that move and connect people to what matters.
Responsibilities
About the Senior Auditor:
The Audit team is responsible for independently evaluating the effectiveness and efficiency of the control structure for both enabling and operating departments within GM Financial North America. Results of the evaluation are reported to management along with recommendations for improvement. Audit also performs consultative audits upon management request and participates in company projects to help management identify risks and controls.
What you will be doing:
- Supervise the performance of audits, including completion of the planning, design flow, risk assessment, testwork, reporting, and wrap-up phases of the audit with assistance from Internal Audit management
- Identify control weaknesses, regulatory compliance issues, and other areas of risk
- Present Audit findings to department management with assistance from Internal Audit management
- Complete audit assignments in an efficient and timely manner (ie, by the budgeted/estimated dates and provide updates to in-charge/management as needed)
- Direct and review work of staff, demonstrating effective leadership skills on a continuous basis, including developing, training, mentoring, and providing formal performance feedback evaluation for audit staff
- Monitor the implementation status of Management Action Plans according to established methodology
- Complete issue validation testing using established methodology and within timeline for assigned audit issues
- Draft audit issues and formal audit reports and present Audit issues to department management with assistance from Internal Audit management
- Ensure audits are completed objectively, professionally, and in accordance with audit standards
- Participate on Internal Audit or enterprise projects
Qualifications
What makes a dream candidate?
- Working knowledge of finance/lending operations
- Strong understanding of insurance, as well as finance/lending operations, including regulatory/compliance considerations
- Strong understanding of insurance underwriting, administration, and financial reporting
- Advanced knowledge of internal audit processes and generally accepted auditing standards
- Knowledge of fraud risk factors and schemes
- Knowledge of fraud risks and controls
- Knowledge of federal, state, and provincial regulations
- Working knowledge of COSO framework
Experience
- Bachelor's Degree Accounting or Finance preferred
- 3 + years in a n insurance-related industry
- Professional certification achievement within two years of service, if not already achieved; CIA, CPA, or CFE certification 1 1/2 Yrs preferred
What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.
Our Culture: Our team members define and shape our culture - an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work - we thrive.
Compensation: Competitive pay and bonus eligibility
Work Life Balance: Flexible hybrid work environment, 2-days a week in office
#LI-JR1 #hybrid
Detroit, MI
GM Financial is the wholly owned captive finance subsidiary of General Motors and is headquartered in Fort Worth, U.S. We are a global provider of auto finance solutions, with operations in North America, South America and Asia. Through our long-standing relationships with auto dealers, we offer attractive retail financing and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses.
OUR BUSINESS & OUR HISTORY
GM Financial was founded as AmeriCredit in September 1992 and opened its first branch office in Fort Worth, Texas. On October 1, 2010, AmeriCredit Corp. was acquired by General Motors Company and renamed General Motors Financial Company, Inc. (GM Financial). In 2011, GM Financial acquired FinanciaLinx to serve GM dealers and customers throughout Canada. In November 2012, GM Financial announced the acquisition of Ally Financial Inc.’s international operations. The majority of those acquisitions were finalized in 2013, with the remaining market, a 35 percent equity interest in a joint venture in China, acquired in January 2015. In October 2017, GM Financial completed the sale of its European financial subsidiaries and branches as part of General Motors’ sale of the Opel and Vauxhall businesses to Peugeot S.A.
GM Financial provides auto finance solutions to 14,000 dealers worldwide, with earning assets of $93 billion at September 30, 2018.
CORPORATE GOVERNANCE
GM Financial's success is largely dependent on building strong, lasting relationships with our dealers and the consumer customers that we serve. This is why we are committed to providing best-in-class customer service, while promoting open, honest communication at all levels.
Our executive team and all employees must adhere to GM Financial's Code of Business Conduct and Ethics. Our Code outlines the principles by which all team members conduct business with customers, vendors and each other. These principles apply to all GM Financial team members and affiliates and although it does not cover every issue that may arise, the Code provides guidelines for all employees in regard to their business conduct.
For a deeper understanding of expectations and guidelines set forth for the entire GM Financial team, please review GM Financial's Code of Business Conduct and Ethics policies below.