Joseph Murphy Email & Phone Number

Usa

Chief audit executive specializing in producing value added solutions to control and risk challenges resulting in significant cost savings and increased efficiency. Strong background in Financial Services including broker dealers, investment advisors regulated products, clearing desks, retirement plans, TPA’s, derivatives, trading strategies and insurance. Recognized subject matter expert and innovator in numerous world-class organizations. Team oriented approach and proven ability to partner with management at all levels and boards of directors of large companies. Applies consultative approach to strategic and tactical guidance on complex business issues. Recognized thought leader published in the IIA Best Practices for Internal Audit Departments, the IIA Newsletter and co-founder of the Certified Financial Services Auditor (CFSA) designation.

Oversees a comprehensive program of education and training at the chapter level for the Philadelphia Chapter, currently consisting of over 1,700 members.

Practice leader responsible for developing a multi-million dollar practice and total staff of 85 individuals with 25 direct reports. Led quality control, risk assessment and client acceptance for Northeast region.• Increased anti-fraud practice by 40% during 2006-2007• Enacted “easier to do business” initiative and established protocol for managing Internal Audit engagements resulting in 20% faster time to finalize over 50% of new engagements.• Remediated 10 Significant Deficiencies for an international insurer which were potential Material Weaknesses.• Established a Risk Based internal audit approach for a regional P&C Insurer.• Managed internal audits for a $4 billion global manufacturing enterprise and property and casualty insurer. Expanded internal audit coverage by 20% year-over-year from 2003-2007 through aggressive use of technology. • Integrated internal audit function with Sarbanes Oxley compliance for a Fortune 500 global manufacturer former Baldridge Award winner.• Led controls remediation for domestic brokerage unit of global insurance and financial services company, with 15 significant financial reporting control deficiencies.• Established protocol for working with bankruptcy court for Chapter 11 client.• Improved client compliance and ethics program by applying Six Sigma principles for a global manufacturer.

Practice leader responsible for developing a multi-million dollar practice and total staff of 85 individuals with 25 direct reports. Led quality control, risk assessment and client acceptance for Northeast region.• Increased anti-fraud practice by 40% during 2006-2007• Enacted “easier to do business” initiative and established protocol for managing Internal Audit engagements resulting in 20% faster time to finalize over 50% of new engagements.• Remediated 10 Significant Deficiencies for an international insurer which were potential Material Weaknesses.• Established a Risk Based internal audit approach for a regional P&C Insurer.• Managed internal audits for a $4 billion global manufacturing enterprise and property and casualty insurer. Expanded internal audit coverage by 20% year-over-year from 2003-2007 through aggressive use of technology. • Integrated internal audit function with Sarbanes Oxley compliance for a Fortune 500 global manufacturer former Baldridge Award winner.• Led controls remediation for domestic brokerage unit of global insurance and financial services company, with 15 significant financial reporting control deficiencies.• Established protocol for working with bankruptcy court for Chapter 11 client.• Improved client compliance and ethics program by applying Six Sigma principles for a global manufacturer.

Developed IAS practice in New York Metro Region. Focused on insurance, securities, technology and communication. Clients included Corning, Enhance Financial Services Group, Motor Club of America and OIL and OCIL Group of Companies (Bermuda). Trained several hundred professionals and served as HR coach for IAS methodologies. • Recruited talent and grew NY-Metro practice from start up to annual $50 million.• Took charge of internal-audit function for $5.5 billion high-tech organization. Delivered equivalent number of audits, improved audit coverage and cut client’s audit budget 25%.

Masters In Business Administration, Finance, General

Activities and Societies: Former Adjunct Professor in the Graduate Accounting Program teaching Introduction to Internal Auditing course.

Bachelor Of Science (B.S.), Accounting And Computer Science

Education record

Activities and Societies: Football, Weightlifting