Audit/Compliance Management
Responsible for overseeing a major Audit/Compliance area for the University. This role develops and executes strategy, promotes consistency and coordination among programs, and collaborates with officials internal and external to the university. This role requires a deep knowledge of complex laws and regulations impacting a broad spectrum of operations. Management level roles have the management and development of people as a major accountability and have direct reports. This role accomplishes goals through overseeing their areas of responsibility, planning, managing resources, prioritizing, and directing the responsibilities of employees.
Typical Functions
Typical functions are listed within the level descriptors below and are examples of work performed by positions in the level and are not intended to be all-inclusive. Some duties may overlap levels; however, the preponderance of the work will be assessed when assigning positions to the specific levels.
Knowledge, Skills, Abilities (KSAs)
Listed below are the minimum requirements for this role. KSAs will become more advanced as the level increases and will vary depending on the requirements of the position.
- Knowledge of professional standards and best practices related to industry or area of expertise.
- Communication skills.
- Computer skills.
- Ability to lead and work as part of a team.
- Ability to conduct reviews and compose clear, concise, timely, and professionally written reports.
- Ability to maintain discretion with confidential information.
Level Descriptions
Audit/Compliance Management 1
- Responsible for the operational and financial management, administrative direction, and coordination of staff and activities of a unit.
- Develops strategic plan or participates in strategic planning and staffing decisions.
- Provides guidance and direction to staff in areas of compliance.
- Aligns staff work plans with overall strategies and goals.
- Serves as a liaison with other departments.
- Leads or collaborates in the development, implementation, and execution of strategy for campus or system.
- Monitors external and internal risks to ensure policies and practices adhere to applicable regulations.
- Provides guidance to mitigate potential risks or conflict.
- Serves as a formal and informal resource for the University community.
- Develops reports on departmental and program activity.
- Provides and oversees education, training, and guidance to the University community.
- Coordinates interactions with applicable entities, including handling internal/external reviews.
- Establishes priorities based on relative risk.
Education/Experience
Typically requires an advanced degree in a relevant field and six years of relevant, progressively responsible experience, or an equivalent combination of education, training, and experience.
Licenses/Certifications
Applicable certification may be required.
Market Range: MR17
Audit/Compliance Management 2
- Works with campus leadership to develop, implement, and execute Audit/Compliance strategy and may work on system-wide projects.
- Assesses internal and external risks to ensure adherence with applicable regulations.
- Provides information, analysis, and recommendations to senior leadership.
- Identifies areas of vulnerability and offers plans to avoid potential issues.
- Manages budget and resources for the office.
- Manages other managers and professional staff.
Education/Experience
Typically requires an advanced degree in a relevant field and seven years of relevant, progressively responsible experience, or an equivalent combination of education, training, and experience.
Licenses/Certifications
Applicable certification may be required.
Market Range: MR19
Audit/Compliance Management 3
- Works with leadership across the system to develop, implement and execute Audit/Compliance strategy system-wide.
- Provides direction and oversight to the system-wide Institutional Compliance Office.
- Leads and provides direction to Institute Compliance Committees.
Education/Experience
Typically requires an advanced degree in a relevant field and eight years of relevant, progressively responsible experience, or an equivalent combination of education, training, and experience.
Licenses/Certifications
Applicable certification may be required.
Market Range: MR20
Audit/Compliance Management 4
Acts under the direction of the Chair of the Audit and Compliance Committee of the Board of Trustees and is responsible for developing and executing a comprehensive audit plan in accordance with applicable professional auditing standards for the University of Tennessee.
Market Range: MR23
Effective Date: January 4, 2021
