Associate - Internal Audit - BFS

Shift Timing: 12:00 PM to 9:00 PM

Key Responsibilities:

- Handles routine to moderately complex assignments relative to validation of Management Action Plans and control testing of assigned Internal Audits.

- Perform testing of remediated issues to validate the action plan implemented by management to mitigate the identified risk.

- Select appropriate sample size per Company Methodology in support of the testing performed.

- Obtain and evaluate evidence(s) for sufficiency, appropriateness and adequacy of the remediation efforts.

- Maintain high quality of validation documentation to evidence that the reviewed and validation performed can be understood by an independent third party reader to enable them to draw a similar conclusion.

- Maintain validation document alongwith evidences in audit database for sign-off.

- Assist audit team in tracking and reporting the status of open audit issues and related MAPs.

- Disseminate and share best practices with audit team to add value to the MAP validation process.

- Participate in recommending enhancement(s) to the MAP validation process to gain efficiencies.

- Perform design evaluation and operating effectiveness testing of assigned controls from audit engagements.

- Analyze audit data/observations and document audit conclusions/findings.

Preferred Education : Certified Internal Auditor (CIA), Chartered Accountant (CA) or Certified Public Accountant (CPA)

Skills :

- Requires knowledge of internal audit best-in-class practices; risk management; and regulatory guidance and expectations (FRBB, OCC, SEC, State Insurance). Requires proficient knowledge of financial services products, services and regulations.

- Must have strong working knowledge and experience with the Institute of Internal Auditor's (IIA) International Professional Practices Framework (IPPF) to which the Internal Audit division's methodology is aligned.

- Working knowledge of data analytics tools (e.g. Power BI, Tableau) will be a plus.