Director of Internal Audit

ICON Consultants, LP; Downers Grove (IL); Hybrid; USD 124,000 - 138,000; Full time

Job summary

ICON Consultants, LP is seeking a Director of Internal Audit for Asset Management to lead audit programs across investment platforms. You will assess risk, controls, and governance, partnering with senior leadership and the Audit Committee.

The role covers equities, fixed income, derivatives, and funds, with a hybrid work arrangement in multiple cities. Ideal candidates bring 8+ years in financial services audit, strong knowledge of asset management operations, and a bachelor’s degree in a

Qualifications

• 8+ years of progressive audit experience within financial services, asset management, wealth management, or public accounting (Big 4 / regional firm).
• Strong understanding of public securities, investment operations, and asset management structures.

Responsibilities

• Develop and execute a comprehensive, risk-based annual audit plan covering investment management operations, trading systems, and corporate functions.
• Assess operational risk across diverse product lines, including Equities, Fixed Income/Tax-Free Bonds, Mutual Funds, ETFs, UITs, Derivatives, Annuities, and Collective Investment Trusts (CITs).
• Audit critical trading, portfolio management, and accounting systems (e.g., Bloomberg, Charles River, IBOR/Investment Book of Record).
• Communicate audit findings, control gaps, and strategic recommendations to senior management, regulators, and board committees.
• Lead, mentor, and build a high-performing team of audit professionals fostering continuous improvement and professional development.

Skills

Audit leadership

Risk evaluation

Executive communications

Team management

Education

Bachelor’s degree in Accounting, Finance, Economics, or related quantitative field

Tools

Charles River (CRD)

Bloomberg

Job description

Director, Internal Audit – Asset Management

Location: Downer Grove, IL, New York City, NY, or Atlanta, GA / Hybrid 4 days a week in office

Position Type: Full-Time - temp to hire for right candidate.

Department: Internal Audit / Risk & Compliance

Pay Rate: $90 - $100/hr.

About the Role

We are seeking an experienced and vision-driven Director of Internal Audit to lead operational, financial, and compliance audit activities across our asset management platform. In this high-visibility leadership role, you will evaluate risk management frameworks, assess key controls, and act as a trusted advisor to senior executive leadership and the Audit Committee.

Whether your expertise lies across broad public securities, complex derivatives, or specialized investment vehicles, this role offers an exceptional opportunity to shape internal controls across a dynamic range of financial products and technologies.

Key Responsibilities

• Audit Leadership & Strategy: Develop and execute a comprehensive, risk-based annual audit plan covering investment management operations, trading systems, and corporate functions.
• Risk Evaluation: Assess operational risk across diverse product lines, including Equities, Fixed Income/Tax-Free Bonds, Mutual Funds, ETFs, UITs, Derivatives, Annuities, and Collective Investment Trusts (CITs).
• Systems & Operational Review: Audit critical trading, portfolio management, and accounting systems (e.g., Bloomberg, Charles River, IBOR/Investment Book of Record).
• Executive Advisory: Communicate audit findings, control gaps, and strategic recommendations to senior management, regulators, and board committees.
• Team Governance: Lead, mentor, and build a high-performing team of audit professionals fostering continuous improvement and professional development.

Qualifications

Core Requirements

• Experience: 8+ years of progressive audit experience within financial services, asset management, wealth management, or public accounting (Big 4 / regional firm).
• Domain Knowledge: Strong understanding of public securities, investment operations, and asset management structures (Subadvised funds, UMAs, global macro strategies).
• Education: Bachelor’s degree in Accounting, Finance, Economics, or related quantitative field.

Preferred Certifications & Skills (Plusses, Not Dealbreakers)

• Professional certifications such as CIA, CPA, CISA, or CFA.
• Familiarity with front-to-back investment systems like Charles River (CRD), Bloomberg, or proprietary IBOR platforms.
• Exposure to sub-advised funds, contrafunds, target maturity products, or personal investment services.