What are the responsibilities and job description for the Internal Audit Analyst position at Cambridge Investment Research, Inc.?
Overview
About Us:
Cambridge Investment Research, Inc. stands as one of the nation’s premier independent financial solutions firms, dedicated to empowering independent financial advisors and their clients. At Cambridge, we cultivate an inclusive, dynamic environment that thrives on innovation, collaboration, and growth. Our team is driven by a shared commitment to excellence, fostering a workplace where every individual feels valued, supported, and inspired to succeed.
We provide a comprehensive range of flexible solutions across advice, growth, technology, and independence, tailored to meet the unique needs of our advisors. Guided by our core values—integrity, commitment, flexibility, and kindness—we lead with purpose, delivering impactful results for our clients and partners.
At Cambridge, we don’t just adapt to change; we shape it. As innovators, problem solvers, and trailblazers, we are redefining what it means to be independent. We are Cambridge.
Job Summary:
We are seeking a detail-oriented Internal Audit & Risk Assessment Specialist to join our team at a leading independent broker-dealer. This role is responsible for conducting internal audits, performing risk testing, and ensuring compliance with regulatory and internal policies. The ideal candidate will have experience in internal auditing, risk assessment, and financial services, with strong analytical and communication skills.
If you are a proactive professional with a keen eye for risk and compliance, we encourage you to apply and become a key contributor to our firm's internal audit and risk assessment initiatives.
Essential Duties
In this role, you will:
The ideal candidate would possess an intermediate level of experience, typically around 4 or more years, with compliance, internal audit, or a related field within the financial services industry.
Certificates & Licenses
A commitment to obtaining a FINRA SIE and Series 7 license within one year of placement is preferred.
Preferred Skills
Benefits: Cambridge has competitive benefits and promotes a work/life balance to encourage individual success.
About Us:
Cambridge Investment Research, Inc. stands as one of the nation’s premier independent financial solutions firms, dedicated to empowering independent financial advisors and their clients. At Cambridge, we cultivate an inclusive, dynamic environment that thrives on innovation, collaboration, and growth. Our team is driven by a shared commitment to excellence, fostering a workplace where every individual feels valued, supported, and inspired to succeed.
We provide a comprehensive range of flexible solutions across advice, growth, technology, and independence, tailored to meet the unique needs of our advisors. Guided by our core values—integrity, commitment, flexibility, and kindness—we lead with purpose, delivering impactful results for our clients and partners.
At Cambridge, we don’t just adapt to change; we shape it. As innovators, problem solvers, and trailblazers, we are redefining what it means to be independent. We are Cambridge.
Job Summary:
We are seeking a detail-oriented Internal Audit & Risk Assessment Specialist to join our team at a leading independent broker-dealer. This role is responsible for conducting internal audits, performing risk testing, and ensuring compliance with regulatory and internal policies. The ideal candidate will have experience in internal auditing, risk assessment, and financial services, with strong analytical and communication skills.
If you are a proactive professional with a keen eye for risk and compliance, we encourage you to apply and become a key contributor to our firm's internal audit and risk assessment initiatives.
Essential Duties
In this role, you will:
- Conduct risk testing as outlined in the Annual Testing Calendar, including thorough reviews of company processes and procedures.
- Provide customer service support related to risk assessment, responding to management and associate inquiries as needed.
- Maintain clear and consistent communication with the department regarding the status of ongoing reviews, scheduling formal review meetings, presenting findings, and drafting result notices.
- Stay informed on key industry topics and maintain familiarity with relevant internal resources.
- Ensure accuracy and completeness of data within the quarterly risk scorecard by collecting and analyzing relevant information.
- Assist in the development of new audit tests and procedures as needed to adapt to evolving risks.
- Review, evaluate, and summarize industry disciplinary actions on a quarterly basis to identify trends and potential impacts.
The ideal candidate would possess an intermediate level of experience, typically around 4 or more years, with compliance, internal audit, or a related field within the financial services industry.
Certificates & Licenses
A commitment to obtaining a FINRA SIE and Series 7 license within one year of placement is preferred.
Preferred Skills
- Strong understanding of regulatory requirements, particularly in areas such as AML, DOL PTE, and other financial regulations.
- Excellent analytical, organizational, and problem-solving skills.
- Strong written and verbal communication skills, with the ability to present complex information to senior management.
- Ability to manage multiple projects and deadlines with a high level of accuracy and attention to detail.
- Proficiency in audit software and compliance management tools.
Benefits: Cambridge has competitive benefits and promotes a work/life balance to encourage individual success.
- Premium benefit package including medical, vision, dental, life and long-term disability insurance
- Vacation/sick time
- 401K retirement plan with company matching program
- Eleven paid holidays
Salary : $55,000 - $65,000
