Hybrid Banking Audit Associate | Compliance & Controls

Cambridge Savings Bank; Waltham (MA); On-site; USD 37,000 - 49,000; Full time

Job summary

Cambridge Savings Bank seeks an Associate Auditor to perform audits across bank operations, subsidiaries, and affiliates under the Audit Manager. Responsibilities include documenting processes, identifying control gaps, and recommending risk-reducing changes.

Strong communication and organizational skills are essential, with travel required. Qualified candidates will have a business-related degree and 1+ year internship experience; pursuit of CFSA/CISA/CIA is encouraged.

Qualifications

• Bachelor’s degree in a business-related field (Accounting/Finance/AIS/Audit).
• 1+ year internship or related experience.
• Knowledge of regulatory compliance and bank operations preferred.
• Proficient in Microsoft Office (Excel, Word, Outlook).
• Strong interpersonal and written/oral communication skills.
• Ability to organize, prioritize, and travel between locations.
• Willingness to pursue CFSA, CISA, or CIA certification.

Responsibilities

• Perform audits of bank departments, subsidiaries and affiliates.
• Analyze and document process flows to identify control deficiencies and test plans.
• Assess controls, identify exposure, and suggest procedural changes to reduce risk.
• Prepare audit work papers and clear documentation of work performed.
• Verify compliance to key controls by inquiry, observation, or document review.
• Manage completion of audit tasks within budgeted time and record hours.

Skills

Interpersonal communication

Oral and written communication

Education

Bachelor’s degree in business-related field

Tools

Microsoft Office

Job description

Cambridge Savings Bank seeks an Associate Auditor to perform audits across bank operations, subsidiaries, and affiliates under the Audit Manager. Responsibilities include documenting processes, identifying control gaps, and recommending risk-reducing changes.

Strong communication and organizational skills are essential, with travel required. Qualified candidates will have a business-related degree and 1+ year internship experience; pursuit of CFSA/CISA/CIA is encouraged.