Internal Audit (Business) Intern

Healthfirst’s Internal Audit Department is responsible for helping the organization manage risk and improve business performance. Internal Audit supports the organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls and governance processes. 

The Internal Audit Business/Ops Intern will have the opportunity to rotate through and work with the teams within the Internal Audit function: Business Operations, Model Audit Rule and Internal Controls.  As part of the internship, the Intern will have the opportunity to:  

• Interact with various business owners and departments to obtain an understanding of key business processes and controls in place;     

• Gain first-hand exposure to how Internal Audit examines the design, effectiveness, efficiency and reliability of key business activities;  

• Participate in walkthrough meetings, process reviews, audit testing procedures and analysis; and,   

• Help identify and communicate areas of opportunity to Management.   

  

Position Summary:  
The Internal Audit Intern will support the Internal Audit and Controls Teams in performing functions that strengthen key business processes and practices.  The IA Intern will contribute to a broad set of assignments across the department.  

  

Duties & Responsibilities:  

• Attend internal and external stakeholder meetings to learn about the various dependencies/relationships the IA Team maintains and why they are important.  

• Develop an understanding of processes / control objectives, risks and associated businesses areas under review   

• Create or update process narrative, flow-charts, and control documents to reflect processes in place.  

• Document process review procedures and findings for key business cycles.  

• Participate in the testing of MAR controls, which may include:  

• Perform walkthroughs to understand the control objectives, risks and controls associated to the area under review  

• Create or update process narratives and/or risk control matrix to reflect processes in place  

• Assist with compiling, analyzing, and documenting audit evidence obtained.  

• Test completeness, accuracy, and validity of controls, including sending and tracking document request lists   

• Employ professional judgment in evaluating evidence, and conclude on adequacy for compliance with auditing standards  

• Use problem solving and critical thinking skills to identify internal control deficiencies and consider their associated risk and impact on the business  

• Prepare status updates throughout audit fieldwork.  

• Help assess risk impact and root cause of process gaps or findings identified.  

• Summarize and communicate audit results.  

  

  

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