What are the responsibilities and job description for the Associate, Internal Audit – Compliance & Operations position at Confidential?
Overview
The Associate, Internal Audit – Compliance & Operations supports the evaluation of internal controls and risk management practices across compliance and operational functions within a complex, regulated environment. This role focuses on executing risk-based audits, assessing regulatory adherence, and identifying opportunities to strengthen control frameworks and operational efficiency.
Key Responsibilities
- Conduct audits of compliance programs and operational processes, evaluating control design and effectiveness
- Assess areas such as compliance monitoring, trade surveillance, AML/BSA, licensing, and conduct risk
- Review operational processes (e.g., onboarding, transaction processing, settlement) for control adequacy and efficiency
- Support the development and execution of the annual audit plan based on risk assessments
- Identify control gaps, inefficiencies, and emerging risks; develop clear, actionable recommendations
- Prepare audit documentation and reports detailing findings and risk exposure
- Collaborate with internal audit teams and stakeholders to ensure a comprehensive risk-based approach
- Maintain strong working relationships with business, compliance, and control functions
- Assist with regulatory reviews, special projects, and SOX-related activities as needed
- Leverage data analytics to enhance audit testing and identify risk trends
Qualifications
- Bachelor’s degree in Accounting, Finance, Business, or related field
- 3 years of experience in internal audit, compliance, or operational risk within a regulated environment
- Knowledge of financial services regulations (e.g., AML/BSA, SEC, FINRA, or similar frameworks)
- Familiarity with operational processes and control environments
- Professional certifications (e.g., CIA, CAMS, CFE, CPA) preferred
Skills & Competencies
- Strong analytical and problem-solving capabilities
- Excellent written and verbal communication skills
- Ability to manage multiple priorities and meet deadlines
- Detail-oriented with strong organizational skills
- Collaborative mindset with the ability to work independently
What You’ll Bring
A proactive, results-driven approach to audit execution, with the ability to assess risk, communicate insights clearly, and contribute to a strong control and compliance environment.