Job Description
One of our largest banking clients is looking for a Compliance Audit Associate to join their Compliance/Legal Internal Audit team. Internal Audit (IA) is organized into global teams comprising business and technology auditors to cover all the firm's businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering. As the third line of defense, Internal Audit's mission is to independently assess the firm's internal control structure, including the firm's governance processes and controls, and risk management and capital and anti-financial crime frameworks, raise awareness of control risk and monitor the implementation of management's control measures. Internal Auditors demonstrate strong risk and control mindsets, are analytical, exercise professional skepticism, and are able to challenge and discuss effectively with management on risks and control measures. We look for individuals who enjoy learning about audit, businesses and functions, have innovative and creative mindsets to adopt analytical techniques to enhance audit techniques, building relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment. The ideal candidate for this role is an individual coming from an audit background within the financial crime controls space, in particular those related to transaction banking and consumer AML compliance. This person must be detail-oriented, have an interest in learning financial markets and the firm's operations, and can add value to their audit execution. Some main responsibilities include:
- Communicates and reports on the effectiveness of the firm's governance, risk management and controls that mitigate current and evolving risk
- Raise awareness of control risk
- Assesses the firm's control culture and conduct risks
- Monitors management's implementation of control measures
- Able to work under minimal supervision on individual tasks or on team projects Team-oriented with a strong sense of ownership and accountability
- Able to multitask and support team while managing both time and work load
- Strong interpersonal skills and ability to present audit findings to senior management
Required Skills & Experience
- 2+ years of audit expereince from a large financial institution (ideally Big 4)
- Knowledge in auditing Anti-Money Laundering (BSA/AML), financial crime risks and corporate legal functions
- Understanding of compliance program components, risk and control processes
- Highly motivated with strong analytical skills, willing and able to learn new business and system processes quickly
- Strong written and verbal communication skills
- Bachelors degree, ideally in Finance, Accounting, or some related field
- Advanced Excel skills (Pivot tables, VLOOKUP's, macros, etc.)
Nice to Have Skills & Experience
- Masters degree
- Relevant certification or industry accreditation (e.g., CAMS, CIA)
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.