Director of Risk Mitigation (NonProfit)

AHRC New York City is seeking a Director of Risk Mitigation. This position is critical to safeguarding the financial integrity of funds entrusted to AHRC NYC, including personal funds belonging to individuals supported. The role reflects AHRC NYC's commitment to continuous improvement in internal controls, transparency, and risk mitigation.

Reporting to the Chief Financial Officer, the Director of Risk Mitigation will be responsible for a wide array of functions related to risk assessment and mitigation, internal controls, and financial processes. The role provides objective evaluations of the organization's financial and operational activities to ensure legal compliance, efficient management of risks, and the effectiveness of internal controls. The Director of Risk Mitigation is charged with identifying internal matters such as inefficiencies and fraud.

Responsibilities

• Core Audit & Risk Review
  • Review financial processes to ensure compliance with AHRC NYC and Arc New York policies and procedures, legal/regulatory requirements, and ensure adequate controls are in place. Make recommendations for improvement when applicable.
  • Plan and conduct risk-based audits covering financial and operational processes. Develop corrective action plans to ensure that identified issues are remediated timely.
  • Evaluate internal controls such as approval processes and segregation of duties to safeguard organizational assets and ensure they function as intended.
  • Prepare detailed reports summarizing audit findings, highlight deficiencies, and present actionable recommendations to senior leadership and the Compliance and Ethics and Audit Committees.
  • Participate in special projects, including but not limited to, design and implementation of electronic payment platforms intended to reduce cash-handling risk.
  • Attend Compliance and Ethics Committee and Audit Committee meetings as required.
  • Perform additional duties as requested.
• Resident Personal Funds Oversight and Monitoring
  • Conduct unannounced audits of Individual Resident Fund Accounts across all residential programs.
  • Perform reconciliation testing, including cash counts, debit card reviews, benefit account testing, and receipt verification.
  • Evaluate segregation of duties within residences related to handling of personal allowance and benefit funds.
  • Develop standardized internal controls for cash handling and electronic payment systems.
  • Utilize data analytics to identify anomalies, patterns, or trends suggesting misappropriation or control weakness.
  • Provide quarterly summary reporting to the Audit Committee on resident fund oversight activities.
• Fraud Detection and Investigations
  • Conduct internal investigations related to suspected fraud, theft, abuse of funds, or financial misconduct.
  • Preserve documentation and evidence in accordance with investigative standards and regulatory requirements.
  • Coordinate, when necessary, with law enforcement, regulatory agencies, Medicaid Inspector General, OPWDD, or other oversight bodies.
  • Conduct interviews and document investigative findings in a manner suitable for administrative or legal proceedings.
  • Assist leadership in strengthening deterrence mechanisms and fraud prevention protocols.
• Risk Analytics & Training
  • Utilize data analytics tools to identify financial irregularities, duplicate payments, outlier transactions, or other risk indicators.
  • Develop training modules for residential leadership and financial staff on internal controls, cash handling, and fraud awareness.
  • Design monitoring dashboards and tracking systems to support proactive risk mitigation.

Requirements

• Bachelor's degree in accounting, finance, criminal justice, public administration, or a related field.
• Minimum of 7 years of experience in auditing, risk management, internal controls, or a related field, with at least 3 years in a supervisory or leadership role.
• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or equivalent certification.
• Strong knowledge of internal controls, risk assessment methodologies, and regulatory compliance (e.g., GAAP, GAAS, SOX, Medicaid regulations).
• Experience with data analytics tools and techniques for identifying financial irregularities and fraud indicators.
• Excellent communication skills, both written and verbal, with the ability to present complex information to diverse audiences.
• Proven ability to conduct investigations, interviews, and prepare detailed reports.
• Experience working with or for nonprofit organizations, government agencies, or healthcare providers is a plus.

Benefits

• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with employer match.
• Generous paid time off, including vacation, sick leave, and holidays.
• Professional development opportunities.
• Employee assistance program.

Pay

$115,000 - $125,000 per year.