Kaitlyn Murphy
Ashburn
Summary
Detail-oriented professional with experience in both Internal Audit and Enterprise Risk Management roles. Ability to manage multiple priorities simultaneously while producing consistent results.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Business Management Sr.
Freddie Mac
03.2024 - Current
- Establish and manage a Divisional Audit & Exam Forum and Enterprise Risk Management (ERM) Integrated Team where key contacts from each division/department come together to discuss relevant topics, increasing collaboration and transparency among divisions/departments
- Coordinate exam preparation activities, including conducting reviews of policy and standard requirements, department-owned controls, and ensuring exam-relevant documentation is up to date
- Assist in the facilitation of monthly operational risk oversight reviews & summary reports
- Participate in user acceptance testing (UAT) before new releases in ERM’s operational risk oversight tool
- Coordinate division self-assessments, disseminate corporate messaging, and ensure deliverables are completed as assigned
- Assist in the management of department-owned procedures, coordinating necessary reviews in accordance with corporate timelines
- Produce and coordinate timely divisional and departmental performance reports to senior leaders (e.g., issue management reports, audit & exam update reports, business performance reports).
Business Management Professional
Freddie Mac
10.2022 - 03.2024
- Established and enhanced an audit and exam coordination function for the ERM division, successfully coordinating and managing complex audit and exam deliverables across the lines of defense
- Utilized project management skills to support various audits and exams, coordinating responses and deliverables for approximately 500+ requests during 2023
- Coordinated divisional self-assessments, disseminated corporate messaging, and ensured deliverables were completed as assigned
- Produced and delivered timely divisional and departmental performance reports to senior leaders (e.g., phishing reports, issue management reports, etc.)
- Assisted in planning and coordinating employee engagement activities, team building, and community service events.
Full-time Student
University of Arizona, Online
01.2022 - 12.2022
- Developed a deeper understanding of laws, regulations, and the United States legal system.
Senior Consultant
Baker Tilly, US, LLP
07.2021 - 01.2022
- Performed consulting services to plan, develop, execute, and improve internal control procedures for suitability of design and operational effectiveness
- Performed cost allowability audits for a Department of Energy (DOE) sponsored laboratory to determine if costs allocated to their prime contract are allowable, allocable, and reasonable per contract terms and federal regulations
- Reviewed policies and procedures to determine key fraud risks and mitigative procedures currently in place at the organization
- Reviewed grant award documentation and grant proposals to determine the scope of various grants and to assist in reviewing grant charges
- Investigated overcharges on various grants to determine the cause and ensure the allowability and allocability of charges
- Created process narratives, flowcharts, and risk and control matrices (RCMs) to document current procedures and controls in place
- Performed data analysis on the population of travel card purchases to identify purchases that were non-compliant with organizational policies and procedures
- Developed reports outlining engagement observations, opportunities for improvement, strengths, and an overall summary of findings
- Performed various project management tasks including, scheduling internal and external stakeholder meetings, performing budget-to-actual analysis, delivering status updates to team members and clients, and preparing client invoices
- Led, and co-led, information-gathering meetings with external stakeholders
- Briefed management on developments and status of projects.
Consultant
Baker Tilly US, LLP
08.2019 - 07.2021
- Performed consulting services to plan, develop, execute, and improve internal control procedures for suitability of design and operational effectiveness
- Developed reports outlining engagement observations, opportunities for improvement, strengths, and an overall summary of findings
- Performed cost allowability audits for a DOE-sponsored laboratory to determine if costs allocated to their prime contract are allowable, allocable, and reasonable per contract terms and federal regulations
- Assisted in drafting various grants for a Native American tribe, including a U.S
- Economic Development Administration (EDA) grant
- Reviewed small business grants to determine eligibility for receiving coronavirus relief funds
- Performed various grantee risk assessments to assess the financial health and stability of current and prospective grantees for a nonprofit organization
- Assisted in assessing a university’s existing internal controls over various operations including sponsored research award operations, academic governance, and institutional data reporting
- Created process narratives, flowcharts, and RCMs to document current procedures and controls in place
- Performed IT risk assessments to evaluate IT General Control (ITGC) control design as it relates to financial applications
- Aided with identifying, documenting, and testing internal controls in relation to SOX compliance
- Performed various project management tasks including, scheduling internal and external stakeholder meetings, performing budget-to-actual analysis, delivering status updates to team members and clients, and preparing client invoices.
Payroll Assistant
Virginia Tech
08.2017 - 05.2019
- Responsible for scanning and indexing up to 150 tax forms per hour
- Assisted with auditing payroll reports for Virginia Tech employees
- Corresponded with external departments via email and phone regarding information requests
- Reviewed reports provided by Athletic Injury Excess Insurer to reconcile entries with Athletic Department records
- Provided detailed information to the Athletic Department Representative and Director of Risk Management report findings.
Risk, Internal Audit, and Cybersecurity Intern
Baker Tilly Virchow Krause, LLP
06.2018 - 08.2018
- Performed internal audit and business advisory services to various clients alongside partners, managers, and senior consultants
- Reviewed business proposals for partners, managers, and senior consultants
- Conducted research to assist seniors and managers in presenting material on various topics
- Completed and presented an experiential learning project designed by the Baker Tilly managers.
Vice President for Finance Rotational Intern
Virginia Tech
05.2017 - 08.2017
- Rotated through two departments within the Vice President of Finance office: Internal Audit and Insurance and Risk Management
- Created a checklist for the Athletic Department Representative to use to ensure all pertinent information is filed
- Reviewed the University’s Builders Risk Coverage and Student-Athlete Medical Insurance to check for gaps in the coverage
- Coordinated with other universities in the Commonwealth of Virginia to gather information pertaining to builders’ risk in order to better assess and update Virginia Tech's policies
- Assisted in limited scope compliance reviews by conducting the planning and fieldwork phases of the audit.
Education
Master of Legal Studies -
University of Arizona, Online
12.2022
Bachelor of Science - Finance
Virginia Polytechnic Institute and State University
05.2019
Bachelor of Science - Economics
Virginia Polytechnic Institute and State University
05.2019
Skills
- Project Management
- Control Testing
- Business Reporting
- Policy Compliance
- Attention to Detail
- Time Management
- Adaptability
- Microsoft Office Suite
Certification
Certified Internal Auditor (CIA), Institute of Internal Auditors, 2022
Industryinvolvement
Institute of Internal Auditors, Northern Virginia Chapter
Timeline
Business Management Sr.
Freddie Mac
03.2024 - Current
Business Management Professional
Freddie Mac
10.2022 - 03.2024
Full-time Student
University of Arizona, Online
01.2022 - 12.2022
Senior Consultant
Baker Tilly, US, LLP
07.2021 - 01.2022
Consultant
Baker Tilly US, LLP
08.2019 - 07.2021
Risk, Internal Audit, and Cybersecurity Intern
Baker Tilly Virchow Krause, LLP
06.2018 - 08.2018
Payroll Assistant
Virginia Tech
08.2017 - 05.2019
Vice President for Finance Rotational Intern
Virginia Tech
05.2017 - 08.2017
Master of Legal Studies -
University of Arizona, Online
Bachelor of Science - Finance
Virginia Polytechnic Institute and State University
Bachelor of Science - Economics
Virginia Polytechnic Institute and State University
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