Internal Audit Associate

Job Description

Internal Audit Associate – Job Description

Position Overview

The Internal Audit Associate will support the execution of audit engagements across the organization, helping to evaluate internal controls, identify risks, and ensure compliance with regulatory and professional standards. This role involves collaborating closely with business stakeholders, contributing to high‑quality audit documentation, and upholding a culture of integrity and accountability.

Key Responsibilities Audit Execution & Compliance

• Maintain compliance with the firm’s audit methodology, industry best practices, applicable regulations, and internal/external professional standards.
• Assist in developing audit scope and work programs by identifying potential risks and corresponding controls.
• Evaluate the design and operating effectiveness of internal controls and identify control weaknesses.

Stakeholder Engagement

• Participate in walkthrough meetings and interviews with business stakeholders to gain a solid understanding of business processes.
• Engage in ongoing discussions with stakeholders during audit engagements to communicate progress, issues, and concerns.

Documentation & Reporting

• Prepare clear and complete workpapers that demonstrate appropriate execution of audit procedures, including detailed lead sheets and documentation that supports conclusions and enables full re‑performance.
• Assist in drafting audit reports and communicating audit results using appropriate business and technical language.
• Generate meaningful and insightful audit observations that clearly explain significance, risk impact, and implications for risk management practices.

Professional Conduct & Delivery

• Complete assigned work within established timelines while meeting audit objectives, standards, and regulatory expectations.
• Build strong working relationships with peers and business partners while demonstrating integrity, professionalism, and inclusiveness.
• Exhibit professional skepticism, sound judgment, and personal accountability throughout all phases of the audit process.

Core Competencies

• Strong analytical, critical‑thinking, and problem‑solving skills
• Effective verbal and written communication abilities
• High attention to detail and commitment to quality
• Ability to work both independently and collaboratively
• Professional skepticism and ethical judgement
• Strong organizational and time‑management skills

Primary Location: New York Full Time Salary Range of $80,000-$100,000.

About Us

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.