Risk Advisory Associate: Internal Audit (Financial Services)

Elliott Davis; Nashville (TN); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Generous time away

Flexible work schedules

Health and wellness benefits

Professional coaching

Job summary

Elliott Davis is seeking an Associate – Risk Advisory to join our Financial Services Group, providing independent, risk-based assurance and advisory services to financial institutions. You will support internal audit engagements, help strengthen controls, and ensure regulatory compliance across core banking operations.

This role offers exposure to lending, deposit operations, payments, ERM, MRM, and broader financial reporting activities, with opportunities to grow through practical testing,

Qualifications

• Bachelor’s degree in accounting, finance, business administration, or related field.
• 0-3 years of experience in internal audit, external audit, banking operations, risk management, or related fields (internships accepted).
• Foundational understanding of: internal control frameworks (COSO), audit methodologies and risk assessment techniques, banking operations and regulatory expectations.
• Strong analytical and problem-solving skills with attention to detail.
• Effective written and verbal communication skills.
• Ability to travel when required (estimated maximum of 25 nights per year).

Responsibilities

• Assist in performing internal audit engagements across core banking functions.
• Execute audit procedures, including walkthroughs, testing of controls, and validation of operational processes.
• Identify and assess risks, control gaps, and process inefficiencies across operational and financial areas.
• Perform detailed testing of transactions, reconciliations, system controls, and compliance with internal policies and regulatory requirements.
• Assist in the evaluation of internal controls related to financial reporting, safeguarding of assets, and operational effectiveness.
• Document audit procedures, findings, and supporting workpapers in accordance with professional audit standards.
• Prepare clear and concise audit reports, including observations, root cause analysis, and practical recommendations.
• Support compliance assessments related to applicable banking regulations and guidance (e.g., FDIC, OCC, Federal Reserve, state banking regulators).
• Participate in meetings with clients and internal stakeholders to gather information and communicate audit progress.
• Contribute to project management across multiple audit engagements, ensuring timelines and deliverables are met.
• Support continuous improvement initiatives, including development of audit tools, methodologies, and process enhancements.
• Perform other duties as assigned.

Skills

Analytical thinking

Problem solving

Communication skills

Team collaboration

Attention to detail

Adaptability

Education

Bachelor’s degree in accounting/finance

Tools

Excel

SQL

Audit analytics tools

Job description

Elliott Davis is seeking an Associate – Risk Advisory to join our Financial Services Group, providing independent, risk-based assurance and advisory services to financial institutions. You will support internal audit engagements, help strengthen controls, and ensure regulatory compliance across core banking operations.

This role offers exposure to lending, deposit operations, payments, ERM, MRM, and broader financial reporting activities, with opportunities to grow through practical testing,