Internal Bank Auditor - AML/Compliance focus

Internal Auditor – AML/Compliance Focus

Location: New York City area (Hybrid – 2–3 days onsite)

Type:1-Year Contract with possibility of extension

Industry: Mid-Sized Bank / Financial Institution

We are hiring for Internal Auditor role. We need a seasoned bank auditor with strong Corporate Banking, AML, and Compliance audit experience.

This is a one-year contract role with the potential to extend based on performance and business needs. The engagement offers high-visibility work, a collaborative audit environment, and exposure to complex regulatory topics.

In this role, you will serve as Auditor-in-Charge for AML/BSA/OFAC, Compliance, and banking operational audits. You will lead full-cycle audit execution, produce high-quality workpapers, and provide credible challenge to business and compliance stakeholders.

Key Responsibilities

• Lead and execute AML/Compliance audits within the bank, including BSA/AML, OFAC sanctions, KYC, investigations, monitoring, and regulatory reporting.
• Perform end-to-end audit execution: planning, risk assessment, fieldwork, testing, issue development, and reporting.
• Develop detailed audit workpapers that support findings, conclusions, and management action plans.
• Assess the internal control environment across Compliance, Operations, and relevant first- and second-line functions.
• Conduct continuous monitoring and track remediation progress for open audit issues.
• Participate in non-Compliance focused general audits as assigned.
• Ensure all audit documentation meets internal methodology, regulatory expectations, and quality assurance standards.
• Introduce and apply innovative audit techniques, including CAATs/data analytics, where appropriate.
• Identify and escalate high-impact risks, ensuring alignment with regulatory requirements, industry best practices, and internal policies.

Requirements

• Extensive experience in internal audit within a banking environment, with a strong concentration in AML/BSA/OFAC or Compliance audits.
• Solid understanding of banking products, operations, and regulatory expectations (e.g., BSA, FFIEC, NYDFS, Federal Reserve/OCC).
• Experience auditing areas such as KYC onboarding, transaction monitoring, sanctions screening, AML investigations, regulatory reporting, and financial crime compliance.
• Strong analytical and critical-thinking skills—able to challenge stakeholders and probe deep into control gaps.
• Proficiency with Microsoft Excel, Word, PowerPoint, Outlook; experience with audit management systems a plus.
• Professional certification: CPA, CIA, or CISA preferred; CAMS is a strong plus.
• Bachelor’s degree required; advanced degree in Accounting, Business, or related field preferred.