Oregon State Treasury (OST) is recruiting for an Internal Audit Manager that will be located in our Salem, Oregon office. This position will report to the Chief Audit Executive.
OST is led by the State Treasurer, a constitutional officer and statewide elected official. The Treasurer serves as the chief financial officer for the state and is responsible for the prudent financial management of state money. The Treasurer serves a four-year term, and, if reelected, may hold the position for two terms. The current State Treasurer is Tobias Read, who was sworn into office in January 2017.
OST has developed into a highly sophisticated organization with a wide range of financial responsibilities, including managing the state’s pension fund, issuing all state debt, and serving as the central bank for state agencies. OST manages the daily investment of nearly $90 billion in assets, held in a diversified investment portfolio of domestic and international equities, fixed income securities, alternative and opportunistic investments, real estate and cash. OST operates like a business, striving to save taxpayers money by earning the highest risk-adjusted return on funds’ investments. The 100+ member OST staff takes great pride in their statewide and national reputation for progressive approaches to service delivery.
The mission of Internal Audit Services is to enhance and protect OST’s operations by providing independent, risk?based, and objective assurance, advice, and insight. OST’s internal audit activity aims to help OST accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes at OST.
The Internal Audit Manager is concerned with the quality of OST management's performance of assigned responsibilities and the adequacy and effectiveness of internal control as it relates to (1) the reliability and integrity of information, (2) compliance with strategic plans, policies, procedures, laws, and regulations, (3) the safeguarding of assets, (4) the economical and efficient uses of resources, and (5) the accomplishment of established objectives and goals for operations or programs.