Audit Associate - Commercial Real Estate

Job Title: Associate Auditor – Commercial Real Estate

Location: New York

Salary: $80,000 - $100,000 plus discretionary bonus

Position Summary

Founded in 1929 and headquartered in New York City, Newmark Group Inc (NASDAQ: NMRK) is a top commercial real estate services platform with a rapidly expanding international footprint. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. Over the past decade, Newmark has been one of the fastest growing commercial real estate firms in the industry, increasing our total revenues by more than 1,000% between 2011 and 2022. The firm provides commercial real estate, brokerage, advisory, property management, valuation, leasing, technology and other financial and real estate-related services to large institutional investors, global corporations, and other owners and occupiers.

The Internal Audit Associate will focus in audits across Newmark’s businesses and support functions. The person will support the execution of the Internal Audit department’s plan and provide management and the Board with an independent assessment on the company’s effectiveness in managing risks, including operational and internal control risks, company and regulatory risks.

Newmark Group Inc is affiliated with Cantor Fitzgerald, a global investment bank that provides fixed income, equity capital markets, prime, asset management, advisory and investment banking products, services, and technology solutions. Newmark Group Inc is also affiliated with BGC Group Inc (NASDAQ: BGC) is a leading global marketplace, data, and financial technology and services companies for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. These firms combined are also publicly known as Cantor Fitzgerald Group of Companies, and as part of the global Internal Audit team covering the Group, the individual might also be exposed to engagements involving these other businesses.

Major Responsibilities:

The Associate will gain hands on experience evaluating risks and controls across different business functions and will also have the ability to lead/ execute large scale and complex audits. The main responsibilities of the Associate are as follow:

• Perform risk-based audit work, including detailed walkthrough, flowcharts, documentation review, and substantive testing.
• Assess control strengths and weaknesses and determine compliance with policies and procedures.
• Prepare clear and concise audit work papers in accordance with Internal Audit Policies.
• Ensure audit works are delivered on time.
• Draft and present comprehensive management action plans and audit reports as final deliverables for review by Audit-In-Charge and/or Chief Auditor
• Follow-up with accountable business and compliance leaders and their teams to ensure control issues are effectively resolved.
• Continuously build business relationships with audit clients.
• Establish and maintain relationships with key stakeholders within the company
• Perform SOX control testing for key business processes.

Skills:

• 3-7 years’ experience of performing financial/operational audits and SOX audits.
• Internal Audit and/or consulting experience (preferably Big-4).
• Strong analytical and investigation skills.
• Excellent verbal and written communication skills.
• Familiarity with MS Office including Word, Excel, PowerPoint, Outlook.