Internal Auditor

Internal Auditor
Texas Treasury Safekeeping Trust Company Audit Division
 Austin, Texas
Job Description




Work In Texas (WIT) applicants must complete the supplemental questions to be considered for the posting. In order to complete the supplemental questions please go to CAPPS Recruit to register or login and access your profile. Go to CAPPS Recruit to Sign In (Link: )


All applications must contain complete job histories, which includes job title, dates of employment, name of employer, supervisor's name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.


Texas Treasury Safekeeping Trust Company


40 hours per week with occasional evening and weekend hours. Hours may change based on business need.

advanced (senior-level) analysis of investment operations including all phases from investment analysis to back office operations. Emphasis will be on investment-related internal auditing and managerial work providing direction and guidance in strategic operations and planning. This position is responsible for planning and executing operational, financial and compliance audits, with emphasis on the investment areas, to evaluate the effectiveness of internal controls; making recommendations to senior management to increase efficiency and/or effectiveness of the control systems of functions reviewed; assessing the reasonableness of processes and procedures related to investment operations and analysis and performing target audits as requested by senior management. Work will include managing audits, including evaluating internal controls, performing and documenting audit test work, writing audit reports, and other requested investment-related reports and analyses as requested by management, and communicating audit results to management, identifying emerging areas of risk and recommending opportunities for more effective and efficient work processes. Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.


  • Performs internal audits of the Trust Company with a focus on investment activities, operations, and compliance and ensures that they are timely and accurate.
  • As a business partner, helps the Trust Company accomplish its objectives by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
  • Drafts and updates Audit Charter.
  • Performs risk assessment (including identification and assessment of key risks and controls), covering operational, financial and compliance risks as a basis for developing an annual audit plan; identifies new audits as necessary.
  • Drafts annual Internal Audit Plan; coordinates the assignment of audit requests; develops and evaluates audit programs.
  • Develops audit objectives and project procedures and deliverables; reviews audits for completeness, accuracy and compliance with standards; determines the audit scope using appropriate procedures, including risk assessment and available resources.
  • Defines audit findings by review of policy/procedures, interviews of key personnel, documentation of business processes and controls, and tests of internal controls and financial transactions.
  • Drafts and finalizes audit reports.
  • Distributes audit reports to management, the State Auditor’s Office (SAO), the Governor’s Office and the Legislative Budget Board (LBB).
  • Drafts and distributes the “Internal Audit Annual Report” to the SAO, the Governor’s Office and the LBB.
  • Performs a Quality Assurance Self-Assessment.
  • Provides advice on the front-end of programs or new investment portfolios so that risk may be managed, and internal controls designed at the beginning of a program or portfolio.
  • Provides consulting and advisory services, including research on leading industry practices as well as providing guidance or recommendations to management in developing policies and procedures based on research.
  • Participates in various committees in a non-voting capacity.
  • Performs related work as assigned.



  • Graduation from an accredited four-year college or university with major course work in accounting, finance, business administration, computer or management information systems, or a related field


  • Two (2) years of experience in investments, or investment operations.
  • Five (5) years of experience in accounting, auditing, or management information systems work.
  • Two (2) years of experience in auditing or managing investment operations and processes.


  • One additional year of full-time minimum experience as stated above may substitute for each year (30 semester hours) of the required education with a maximum of 120 semester hours (four years).


  • Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA).


  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, telephone and client/customer contact. It requires the ability to bend, stoop, kneel, and reach as needed for filing and similar routine office duties. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers. May involve moving up to 25 pounds of office equipment/material on a limited basis.



  • accounting methods and systems; of generally acceptable auditing standards and procedures; and of computer technology principles, terminology, programming and automated systems.
  • investment practices, investment operations, including general investment risk and controls.
  • local, state, and federal laws and regulations relevant to investment policies and procedures.
  • business and management principles, strategic planning, personnel management, and leadership techniques
  • local, state, and federal laws and regulations relevant to internal audit areas; and of the principles and practices of public administration and management.


  • using effective written and verbal communication to convey information in a clear, concise manner (Communication)
  • identifying and resolving problems by using strong analytical techniques, innovative approaches and taking initiative in preventing and solving problems (Problem Solving)
  • encouraging and building mutual trust, respect, and cooperation within the agency’s formal and informal structures


  • establish and maintain working relationships with co-workers, agency staff and management to achieve common goals (Teamwork)
  • plan, organize, and prioritize multiple assignments to effectively manage a fast paced and changing work environment without compromising accuracy (Adaptability)
  • consistently meet internal and external customer needs and expectations in a professional manner (Customer Service)
  • act in the best interest of the agency, maintain confidentiality and continually strive to improve self and job performance (Professional Conduct and Development)
  • create an environment that fosters excellent performance by demonstrating a high level of integrity, strong work ethic and commitment to meet deadlines
  • effectively coordinate and allocate resources to develop strategies for accomplishing agency and division goals and visions
  • maintain confidentiality and protect the privacy of state employees, taxpayers and other members of the public (Privacy and Information Security)
  • direct and organize internal audit activities; to establish program goals and objectives that support the strategic plan; to identify problems, evaluate alternatives, and implement effective solutions; to develop and evaluate policies and procedures; to prepare reports; and to communicate effectively.
  • In order to receive veteran’s preference a copy of your DD214, VA disability rating (if applicable) or a DD1300 must be attached to your application.
  • Veterans, Reservist or Guardsmen with an MOS or additional duties that fall in the fields of (751X, 3408, 8844, or other related fields) pertaining to the minimum experience requirements may meet the minimum qualifications. Please call Human Resources, CPA Veterans Liaison at 512-475-3560/800-531-5441 for more information or assistance.
  • Go to,, or for assistance translating your military experience and training courses into civilian job terms, qualifications/requirements and skill sets.
  • Additional Military Crosswalk information can be found at:
  • We fully recognize, honor and enforce the Uniformed Services Employment and Reemployment Rights Act (USERRA) and encourage opportunities to hire Veterans, Reservists and Guardsmen.


  • Candidates may be asked to participate in a skills demonstration and/or presentation.
  • Salary is contingent upon qualifications and is subject to salary administration and budgetary restrictions.
  • CPA employees in the same job classification, if selected, will be laterally transferred with no increase in salary. (An example might be an Accounts Examiner III in Revenue Administration who moves to an Accounts Examiner III in the Enforcement division.)
  • Complete copies of college transcripts must be furnished to the divisional hiring representative at the time of the interview for positions requiring a college degree, and/or specific educational credits.
  • Unless otherwise indicated on specific postings, regular attendance is an essential job requirement of all positions. Your application for employment with the Comptroller of Public Accounts may subject you to a criminal background check. All positions requiring a degree and/or licensing require proof of degree and/or license at time of interview. If you are scheduled for an interview and require any reasonable accommodation in our interview process, please inform the hiring representative who calls you to schedule your interview. Whenever possible, please give the hiring representative sufficient time to consider and respond to your request. Only applicants scheduled for interviews will be contacted.

Thank you for considering employment at the Comptroller of Public Accounts! The Comptroller’s office is an equal employment opportunity employer.

CPA - Internal Auditor (REOPENED & AMENDED) (00013859)
Primary Location: Texas-Austin
Work Locations: Thomas J Rusk Building 200 East 10th Street Austin 78701
Job: Business and Financial Operations
Employee Status: Regular
Schedule: Full-time
Standard Hours Per Week: 40.00
Travel: Yes, 5 % of the Time
State Job Code: 1620
Salary Admin Plan: B
Grade: 26
Salary (Pay Basis): 8,334.00 - 9,167.00 (Monthly)
Number of Openings: 1
Overtime Status: Exempt
Job Posting: Mar 26, 2021, 9:13:50 AM
Closing Date: Ongoing