Internal Audit - Risk & Controls Associate

Selby Jennings; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Selby Jennings is seeking a Risk & Controls professional to strengthen the organization's control environment, partnering with business stakeholders to identify risks, design controls, and support initiatives including new product launches and system implementations.

Key responsibilities include enterprise risk assessments, internal audits, and developing a scalable controls strategy, with cross-functional collaboration to ensure regulatory compliance and drive process improvements across the

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or related field.
• 3+ years of experience in audit, risk management, or advisory/consulting.
• Experience designing, testing, and implementing internal controls.
• Strong analytical and problem-solving skills.
• Ability to operate in a fast-paced, ambiguous environment.
• Strong communication and stakeholder management skills.

Responsibilities

• Support development and maintenance of the internal controls framework.
• Partner with control owners to enhance documentation and execution of controls.
• Assist in enterprise risk assessments and risk mitigation planning.
• Design and execute risk-based internal audit programs.
• Analyze business processes and identify control gaps or improvement opportunities.
• Prepare audit reports with findings and remediation recommendations.
• Coordinate with external auditors and liaise with internal stakeholders.
• Support regulatory and compliance initiatives across multiple frameworks.
• Drive process improvements and participate in cross-functional projects.

Skills

Internal controls design

Risk assessment

Internal audit

Regulatory knowledge

Analytical thinking

Stakeholder management

Communication skills

Education

Bachelor's degree in Finance/Accounting/Business

Job description

This individual will sit within the Risk & Controls function and play a key role in strengthening the organization's control environment. The position partners closely with business stakeholders to identify risks, design controls, and support strategic initiatives including new product launches and system implementations.

Key responsibilities include contributing to enterprise risk assessments, executing internal audits, and supporting the development of a scalable controls strategy. The role also involves working cross-functionally to ensure compliance with regulatory requirements while driving process improvements across the business.

Responsibilities

• Support the development and maintenance of the internal controls framework
• Partner with control owners to enhance documentation, understanding, and execution of controls
• Assist in enterprise risk assessments and risk mitigation planning
• Design and execute risk-based internal audit programs
• Analyze business processes and identify control gaps or improvement opportunities
• Prepare audit reports, including findings and remediation recommendations
• Manage external audit coordination and act as a liaison between auditors and internal stakeholders
• Support regulatory and compliance initiatives across multiple frameworks
• Drive process improvements and participate in cross-functional projects

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or related field
• 3+ years of experience in audit, risk management, or advisory/consulting
• Experience designing, testing, and implementing internal controls
• Strong analytical and problem-solving skills
• Ability to operate in a fast-paced, ambiguous environment
• Strong communication and stakeholder management skills

Preferred

• Exposure to financial services regulations and compliance frameworks
• Familiarity with SOC 2, broker-dealer requirements, or insurance/annuity-related regulations