FAQs
What are the main responsibilities of the Internal Auditor Coop?**
The main responsibilities include planning, executing, and reporting on operational, regulatory, and other internal audits, as well as providing advisory services. The role also involves assessing operational and financial risks, developing internal audit procedures, evaluating complex issues, and creating risk mitigation strategies. **Question: Who will I report to in this position?** Answer: You will report to the Internal Audit Manager. **Question: What skills are required for the Internal Auditor Coop role?** Answer: Strong interpersonal, communication, analytical, relationship-building, internal audit, and risk management skills are required. Additionally, having a professional accounting designation is essential. **Question: What is expected of the candidate in terms of audit processes?** Answer: The candidate is expected to be involved in all stages of the audit process, from pre-planning engagements, executing audits, reporting results to management, and monitoring the progress of remediation efforts. **Question: What type of experience should the ideal candidate have?** Answer: The ideal candidate should have extensive experience in assessing operational and financial risk and control environments, as well as in developing internal audit procedures and evaluating complex issues and root causes. **Question: Will the Internal Auditor Coop be involved in communicating audit results?** Answer: Yes, the Internal Auditor Coop will be responsible for communicating audit results to all levels of management. **Question: Are there opportunities for professional development in this role?** Answer: While the job description does not explicitly mention professional development opportunities, working in internal audit typically provides valuable experience and the opportunity to enhance skills in risk management and auditing, which can contribute to professional growth. **Question: Is prior internal audit experience necessary for this position?** Answer: The job description does emphasize extensive experience in internal audit processes and risk assessments, so prior experience is likely preferred but not explicitly stated as a requirement. **Question: What kind of reports will I be responsible for in this role?** Answer: You will be responsible for reporting on operational, regulatory, and internal audits, which includes communicating the results of your findings to management and other stakeholders. **Question: Is this position focused more on financial or operational audits?** Answer: This position encompasses both operational and regulatory audits, as well as assessments of financial risks, making it a comprehensive internal audit role.