Internal Audit Associate Asset Management

Title: Internal Audit Associate Asset Management

Office Status: On-site NYC

One of the world's largest Asset Managers, with over $900B in AUM, is in search of an Internal Audit Associate for their NYC team. With ongoing growth across multiple groups, they eagerly seek an experienced accountant to join their team and contribute to the third line of defense for their Asset Management business, covering RIA and Broker-Dealer activities. This position offers ample opportunities for project management, interaction with the head of the group nationally, input into controls governing real estate, private equity, and infrastructure deals, and internal mobility across diverse teams.

Responsibilities

• Plan and execute internal audit and advisory projects, including risk assessment, audit program design, development of risk-based test procedures, and preparation of audit working papers in accordance with the Internal Audit Manual.
• Independently lead process walkthroughs and interviews with internal process owners, develop controls documentation, and critically analyze relevant documentation
• Communicate on assigned deliverables to the engagement team and lead in a manner that is clear and concise to facilitate timely completion of audit projects
• Direct and provide guidance to more junior auditors in daily responsibilities, including supervising and reviewing work products
• Identify process deficiencies, improvement opportunities, and root cause, and validate exceptions with process owners and management.
• Write and present clear, concise, and constructive findings based on facts, severity, and potential impact.
• Recommend economically feasible and practical remediation actions to auditees and Compliance senior management in a constructive and professional way.
• Monitor progress of remediation plan implementation and perform follow-up procedures to assess the adequacy of the corrective action.
• Establish and maintain effective working relationships with our stakeholders including senior management, auditees, and external audit teams, to foster meaningful partnerships
• Assist in training, motivating, and developing more junior team members, including sharing information and explaining complicated concepts or analysis in a simple way
• Assist in quarterly audit committee reporting and annual audit planning activities.
• Lead or contribute to departmental initiatives
• Maintain departmental standards and quality of audit engagements in line with the Internal Audit Manual and the Institute of Internal Audit (IIA) Standards