Job Title

Job DescriptionThe Lead Director, Internal Audit will lead a team of audit professionals supporting the Healthcare business unit. This team will develop and execute a comprehensive risk-based Audit Plan that enhances enterprise value and is executed in accordance with Internal Audit Methodology. This role has primary responsibility for leadership of the team while partnering with stakeholders to continuously evaluate and recommend opportunities to reduce risk, strengthen the control environment, and introduce operational efficiencies. This role will develop tactical mid- and long-term plans to align with their client's strategic goals and objectives, and report on opportunities to improve the risk management and control processes to key leaders. This role is also responsible for developing best in class subject matter expertise to offer consultative advice to drive reduction in costs and improve the enterprise and for evaluating the effectiveness of internal controls for their client's operational, compliance, and financial processes.Primary responsibilities will include; Provide guidance and management oversight for direct reports on their assigned audits/projects Plan and set day to day objectives and priorities for direct reports Responsible for training and development of direct reports as well as all talent and performance management activities Assess resource requirements, team competencies and skillsets; recruit, develop, and retain a high performing team, including the development of a succession plan Build a successful relationship with client business leadership to provide value-added consultation to influence and strengthen operational efficiencies and effectiveness, promote best practices, provide opportunities for cost savings, and standardization and globalization of processes Drive strategic thinking and decision making to ensure that client leadership is proactively addressing and anticipating issues; promote appropriate risk management awareness and risk mitigation Ensure the overall quality and fact-driven insights of the consulting or business advisory engagements performed by the Internal Audit function Actively support a culture of transformation and anticipate the changes required in control processes and risk management practices to match business model and market transformation Demonstrate a willingness, to be a part of initiatives outside of Internal Audit (which do not jeopardize independence on areas under audit) to become a trusted advisor and strategic leader for the organization Bring a systematic, transparent, scalable, and disciplined approach to evaluating and improving, as appropriate, the effectiveness of internal controls, risk management, compliance and governance processes Lead and coordinate an ongoing risk assessment to support the development of the audit plan; the risk assessment and audit plan will be updated throughout the year in response to business or industry/market developments Oversee operational, compliance, and financial audits within client group; ensure the issuance of audit reports are done in collaboration with and agreement with process owners on the facts of the audit findings, the risk severity and impact, and timing of remediation; ensure overall audit quality of Internal Audit activities and that the Internal Audit team complies with the Internal Audit standards Provide strategic and technical leadership for audit activities and support the senior Internal Audit leadership in their fulfillment of oversight responsibilities Provide timely and accurate reporting on control gaps and the status of remediation of audit findings; influence the strengthening of the control environment, governance processes, and risk management practices through audit recommendations and validation of management's remediation action plans Promote and ensure the adoption of the use of data analytics in the Internal Audit function by collaborating with Finance and Information Technology to leverage and align with existing data analytics infrastructure and promote a culture of data-driven audit findings and recommendations Meets administrative reporting requirements and supports department initiatives Demonstrates a commitment to integrity and the company code of conduct, and a respect for diversity and inclusion Contribute to overall Internal Audit Department team norms to promote a positive environment and improve team effectiveness Provide leadership and guidance to ensure client's continued compliance with CMS, federal, state and contractual requirements Assess the design of compliance related controls, keep abreast with new regulatory or processes changes from system implementations or business model transformation Ensure timely and accurate execution of regulatory compliance testing; ensure that key controls are correctly and adequately identified, designed, documented and performed with the right level of frequency Ensure the results and status of regulatory compliance testing is communicated to PBM Operations leadership accurately and timelyPay RangeThe typical pay range for this role is:Minimum: 100,000Maximum: 227,000Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.Required Qualifications 10+ years prior experience in a relevant accounting, auditing or other experience aligned to the roles and responsibilities Bachelor's degree in a relevant field such as Information Technology, Finance, Accounting, Business, etc. Prior experience in a leadership role with a proven track record of engaging, managing, and motivating multi-level teams Experience with preparing and/or participating in executive and/or audit committee presentations Strong analytical, deductive, problem solving, and critical thinking skills Good teamwork and collaboration skills Solid meeting management and oral/written communication skills Regular and reliable attendance Ability to travel up to 10%Preferred QualificationsProfessional designations such as CPA, CIA, CISA, etc., or measured progress in achieving such designationsEducationBachelor DegreeBusiness OverviewBring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.