Fraud Auditor  

DO

• Understand/analyze/assess the circumstances behind the investigation request to determine there is probable cause or if investigation is appropriate
• Perform or assist Manager in performing formal fraud and risk assessments
• Determine the complexity and scope of the case
• Determine the best investigation approach and strategy, which will be the basis for preparing the investigation plan
• Conduct interview with various personalities related to the case or resource persons knowledgeable about the case
• Secure/obtain evidence that will substantiate the allegations, establish the timeframes and the personalities involved in the case
• Analyze information from various sources to assess process breakdowns or to attest to stated fraud audit objectives
• Conduct investigations of a highly sensitive and/or complex nature, and handle confidential information
• Complete or assist in the completion of investigations of whistleblower reports or other reported suspicion of fraud, accounting irregularities, theft and accounting policy violations as directed by the Chief Audit Executive, Company Legal Counsel and/or the Corporate Governance Officer (CGO).
• Prepare fraud investigation reports
• Draft communications to appropriate company personnel, CGO, Special Action Committee and/or the Audit Committee of the Board of Directors, as well as regulatory authorities (as necessary)
• Act as subject matter expert and conduct cascades and training to internal auditors on matters related to fraud risk assessment, prevention, management and auditing
• Spearhead annual fraud risk assessment

DISPLAY
Technical/Functional Competencies:

• Data analytics skills, with expertise in using advanced Excel, ACL and/or other
• Computer Assisted Auditing Tools (CAATs) to perform complex data analysis
• Written and oral communication skills (with the ability to interact with various levels of business and staff management throughout the Company)
• Interviewing skills (with interrogating and/or probing techniques)
• Thorough knowledge in conducting investigations
• Strong analytical skills
• Basic forensic skills
• Basic/fundamental legal concepts in fraud investigation
• Basic IT and technology concepts, for application in data analytics and forensics
• Basic internal audit skills, including testing, sampling, documentation, and report writing

Behavioral / Leadership Competencies

• Planning and organizing, priority setting, managing, and measuring, listening, informing, negotiating, decision making quality, managerial courage, dealing with conflict, standing alone, dealing with ambiguity, creativity and self-development, overall leadership skills
• Proficiency in accounting/auditing/IT audit principles/standards
• Effective communication
• Critical thinking and professional skepticism
• Sensitivity to confidential information/data

DELIVER

• Timely/prompt completion of the investigation based on established timelines
• Quality investigation plan, working papers, and investigation report
• Updated Fraud Investigation Central Monitoring file
• Updated database of fraud investigation cases
• Increased awareness of internal auditors through learning and information sharing

Experience

• Maybe specially trained internal auditors, former law enforcement professionals
• With operational experience in data mining, profiling and analysis, and continuous auditing
• Preferably with fraud related experience in the areas of:
  • Accounting and auditing
  • Criminology and sociology
  • Fraud auditing or investigation
  • Loss prevention
  • Law / Legal
• Preferably CFE and/or CISA

Skills & Attributes

• Unquestionable integrity, trustworthy, ethical
• Strong auditing, analytical and forensic skills
• Effective interviewing and interrogating skills, business acumen, technical/functional skills
• Excellent/Strong business and communication skills, and able to interact with various levels of business and staff management throughout the company
• Can work with limited supervision and direction
• Action/results oriented, perseverance, interpersonal savvy
• Able and willing to work individually or on a team based upon the scope of work required for the investigation case
• Highly motivated with excellent supervisory and team building skills
• Skill in using Microsoft Office (Word, Excel, Powerpoint)
• Knowledge/skill in using CAATs, an advantage
• Accurate; resourceful; keen in details
• Efficient in time management; can multi-task; flexible Source Roles External:
• Maybe specially trained internal auditors or former law enforcement
  • Fraud Analysts
  • Revenue Assurance Practitioners
  • Fraud Auditors / Investigators
  • External IT Auditors Internal:
  • Internal Auditors / IS Auditors
  • FRM Analysts / Investigators / Supervisors
  • IAPA