TMRS Overview

The Texas Municipal Retirement System (TMRS) is a statewide public retirement system established in 1948 to provide retirement, disability and death benefits to employees and retirees of participating Texas cities. TMRS manages over $38 billion in Trust Fund assets for more than 900 Texas cities. TMRS offers competitive compensation with medical, dental and vision insurance provided at no cost for employees, flexible scheduling, twelve paid holidays, modern and centrally located office space, a generous leave program, remote work opportunities, and membership in TMRS’ pension plan.

Job Summary

This position oversees all aspects of TMRS' internal audit function. The Internal Auditor conducts internal audits and advisory engagements in compliance with the International Standards for the Professional Practice of Internal Auditing Standards (Standards), supports external auditors and reviewers, and serves in an advisory capacity to TMRS' Senior Staff. They report functionally to the Board of Trustees via the Audit Committee, and administratively to the Chief Financial Officer.

Duties/Responsibilities

• Develops audit scope, objectives and performs audit procedures.
• Conducts a risk assessment to develop an audit plan for the Audit Committee’s review and the Board of Trustees’ approval.
• Examines and analyzes management operations, internal control systems and structures, and TMRS records for reliability, adequacy, accuracy, efficiency, and compliance with policies, laws, and contractual requirements.
• Conducts advisory engagements at the request of the Executive Director or the Audit Committee.
• Drafts and prepares audit reports, obtains and incorporates client comments as appropriate, and presents audit results to the Audit Committee and the Board of Trustees.
• Establishes written policies and procedures for the audit function and maintains a Quality Assurance and Improvement Program.
• Develops, administers and oversees the departmental budget, policies, and programs. 
• Oversees the selection and management of external auditors assigned to complete or assist with internal audit engagements. 
• May supervise others, including contractors.
• Undertakes other assignments at the direction of the Audit Committee or the Executive Director.

Education and Experience Requirements

• Bachelor’s Degree from a four-year accredited college or university.
• Five (5) years of progressively responsible experience in Audit or related field.
• Certification as either a Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) preferred.
• Pension/investment experience preferred.

Additional Position Information

• Competitive salary dependent on experience and qualifications.
• This position is located in Austin, Texas and, while there may be opportunities for hybrid/flexible work schedule, employees are required to reside within commuting distance.
• Interested candidates should submit a complete application, resume and cover letter for consideration.

Physical Requirements

Sedentary work: Exerting up to 10lbs of force. Ability to safely and successfully perform the essential job functions consistent with federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.