Director of Risk Mitigation (NonProfit) Manhattan

Essential Responsibilities

• Core Audit & Risk 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 an 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.
• Cookordination, 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 the resolution of fraud cases.

Qualifications

Required:

• Bachelor's Degree
• Not Specified Experience

Preferred:

• Experience in non-profit sector
• Experience in risk management and internal controls
• Experience in auditing and financial analysis

Benefits

The position offers a comprehensive benefits package which includes:

• Health Insurance
• Retirement Plan
• Flexible Spending Account
• Life Insurance
• Disability Insurance
• Short-term and Long-term Disability Insurance
• Employee Assistance Program
• Flexible Work Arrangements

Pay

$115,000 - $125,000 per year

Schedule

Full Time Regular