Management Control

Larry L. Baker, CPA, CCSA

**** *. ***** ******, *****, OK 74137 - *********@*****.*** -

mobile 918-***-****

Internal Audit and Risk Management Executive Profile

High impact Internal Audit Executive who is internationally recognized for

driving internal audit and risk management thought leadership into

practical application. Extensive experience in designing and implementing

sustainable, practical internal control and risk management frameworks for

fortune 500 companies. Significant experience identifying and reporting

corporate risk exposures to Executive Management and the Board/Audit

Committee. Dynamic executive facilitator who has identified risk exposures

and internal control issues through hundreds of interviews and workshops

with board members, senior executives, management and employees at all

levels. Have a thorough understanding of Internal Audit, Corporate

Governance, Enterprise Risk, Control Self Assessment, and the Committee of

Sponsoring Organizations (COSO) internal control & enterprise risk

management frameworks. Recognized by internal audit professionals as one

of the first US pioneers of Enterprise Risk Management and Control Self

Assessment. Presented to thousands of internal audit and risk management

professionals as the featured speaker at The Institute of Internal

Auditors' global conferences and other risk management conferences. Desire

to join a management team demonstrating strong ethics, open communication

and teamwork.

Professional Experience

Managing Partner, CFR, Enterprise Risk

12/08-present

Partner/SVP, Marsh & McLennan:

01/04-12/07

- US Energy Industry Leader, Oliver Wyman, Corporate Risk Consulting

- SVP, MW Region Leader, Marsh, Business Risk Consulting

National Director, Ernst & Young, Business Risk Services

04/99-12/03

National Director, Deloitte & Touche, Internal Audit/Control Self

Assessment Services 03/96-03/99

Senior Manager, MAPCO Inc., Internal Audit

05/88-02/96

Career Highlights

. As Managing Partner for CFR, developed the firm's Enterprise Risk service

line, providing risk and control services to fortune 1,000 energy

companies.

. Teaming with the Chief Audit Executive of a fortune 1,000 energy

company, designed and executed a corporate risk assessment with the

top 20 executives. Analyzed and reported internal control issues and

corporate risk exposures to the Executive Management Team and Audit

Committee. Selected the most critical 3-5 key risks for an in-depth

risk and control analysis, assigning executive risk owners to each

risk for action plan development and implementation.

. Founder and current Chair of the CFR Enterprise Risk Management Forum

consisting of large companies such as Devon Energy, ONEOK, Helmerich &

Payne, Anadarko, Wal-Mart, Mirant, KBR, Continental Airlines, OG&E,

Tyson, Marathon, RadioShack, and McDermott. Promote leading-edge risk

and control methodologies to internal audit and risk management

leaders of these fortune 500 companies.

. Developed practice objectives, go-to-market strategies, business

plans, processes and tools for CFR's Enterprise Risk service line.

Primarily focus on the energy industry, sharing risk and control

solutions with executives and internal audit leaders of local

companies such as Unit Corp, Magellan, Helmerich & Payne, ONEOK, OG&E,

Alliance Coal, Global Power, and NGL Supply. Present at The Institute

of Internal Auditors' global conferences (i.e., 2009 Governance, Risk

and Control Conference in San Diego).

. As a Partner\US Energy Industry Leader for Marsh/Oliver Wyman's Corporate

Risk Consulting Practice, delivered risk and control services to fortune

500 energy companies.

. Worked directly with CEOs, CFOs, Chief Audit Executives, and

Board/Audit Committees to design and implement leading-edge risk and

control processes for fortune 500 energy companies such as Anadarko,

Marathon, and Baker Hughes. Managed complex risk and control

projects, typically ranging from six months to two years. Identified

and communicated corporate risk exposures to executives and board

members. Coached and facilitated executive risk owners as they

completed detailed risk and control analysis, developed risk

management solutions and communicated action plans to the executive

team and Board.

. Evaluated and benchmarked the effectiveness and efficiency of

companies' risk management and internal control processes. Identified

specific opportunities to augment and enhance the risk management and

internal control processes currently in place. Developed meaningful

recommendations such as integrating risk into the strategic capital

application process, aligning risk management with decision making,

and establishing a risk governance structure. Created practical

roadmaps for successful implementation of Enterprise Risk Management.

. As national director with Ernst & Young, created a multi-million dollar

Business Risk service line, providing risk and control services to

fortune 500 companies.

. Developed a new service line and go-to-market strategy for Ernst &

Young's Business Risk Services. Teamed with CFOs and Chief Audit

Executives to conduct enterprise risk assessments, communicating

corporate risk exposures to senior management and the Board.

Implemented company-wide risk and control frameworks with fortune 500

companies such as Sears, General Mills, Harley Davidson, Burlington

Northern Santa Fe Railway, and RR Donnelley.

. Frequently presented at The Institute of Internal Auditors'

International, General Audit Management, and Governance, Risk and

Control conferences. Quoted in numerous global publications as a

subject matter expert.

. As national director with Deloitte & Touche, created a multi-million

dollar Internal Audit/Control Self Assessment service line, providing

risk and control services to fortune 500 companies.

. Developed a leading-edge Internal Audit methodology, Control Self

Assessment, which gained significant recognition across North America,

and beyond. Worked closely with CFO's and Chief Audit Executives of

fortune 500 companies to enhance the Internal Audit process, including

the design and implementation of Control Self Assessment. Managed

relationships with senior executives of Fortune 500 companies such as

American Electric Power, Sears, Sprint, Duke Energy, Sun Microsystems,

Williams, and CNA Insurance.

. Developed practice objectives, go-to-market strategies, business

plans, processes and tools for Deloitte & Touche's new risk and

control service line. Hired and established risk and control

professionals in major offices across the country. Transferred risk

and control capability to hundreds of professionals through training,

coaching and mentoring.

. Received The Institute of Internal Auditor's highest award, John B.

Thurston Award, for advancing the practical and theoretical knowledge

of internal auditing. The Deloitte & Touche process was highlighted

in The Institute of Internal Auditors' and Arthur Andersen's Best

Practices book. Featured global speaker in South Africa, being the

first to introduce Control Self Assessment to the business community,

including the Standard Bank of South Africa and Eskom.

. Developed a world-class Internal Audit process at MAPCO Inc, Fortune 500

Energy Company.

. Promoted six levels during my eight year Internal Audit career at

MAPCO. Developed a leading-edge Internal Audit process focusing on

enterprise risk and internal control assessments, information

technology continuous auditing, and the 1992 draft COSO Internal

Control - Integrated Framework. Managed multiple internal audit

projects in all areas of MAPCO's business including natural gas

liquids, pipelines, propane operations, petroleum storage facilities,

refineries, coal mines, and retail operations. Mentored, lead and

trained internal audit staff at all levels.

. Designed, implemented and sustained MAPCO's leading-edge risk and

control process (Control Self Assessment). Recognized across North

America as an early pioneer of this world-class Internal Audit

process. Frequently requested by The Institute of Internal Auditors

to be a featured speaker at global conferences consisting of Chief

Audit Executives from across the world. Transformed the MAPCO risk

and control process into a consulting business, engaging some of the

world's largest energy companies such as CSX, Marathon, Conoco, Texas

Utilities, Phillips Petroleum, and Williams. The consulting business

was later purchased by Deloitte & Touche. The MAPCO risk and control

methodology has since been used by hundreds of companies across North

America, and beyond.

. Worked closely with senior management, adding business value through

identification and resolution of key risks and related internal

controls. For example, identified $10,000,000 annual cost savings as

a result of facilitating discussions with key leaders across the

nation. Also, provided management with critical risk and business

information, which resulted in a divestiture of a business line and re-

allocation of key resources to its core business. The president co-

presented with me in London, where he communicated that MAPCO's

leading-edge internal audit process helped him double his operating

profit over a four year period.

Professional Affiliations/Education

Certified Public Accountant (CPA)

Certified Control Self Assessment (CCSA)

Founder and frequent Chair of The Institute of Internal Auditors'

International Governance, Risk and Control Conference, which has been

sustained for over 15 years

13 Year Member of The Institute of Internal Auditors' International

Professional Conference Committee

Founder and Chair of the CFR Enterprise Risk Management Forum

Bachelor of Science Degree, Accounting Major, Northeastern State

University, May 1988

References

Available upon request

Contact this candidate