Senior Manager, Internal Audit: Banking and Markets

Confidential; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

Confidential is seeking a Senior Internal Audit Manager to partner with Internal Audit leadership in assessing governance, risk management, and control effectiveness across capital markets and related financial services operations.

The role leads risk-based audits, develops audit programs, reviews observations, and communicates findings to senior management, while guiding teams and ensuring remediation plans align with regulatory expectations.

Qualifications

• Minimum of 7 years of regulatory, compliance, financial, and/or operational audits within financial services.
• Strong understanding of internal controls and risk management frameworks.
• Experience in capital markets, investment banking, trading or related financial services areas.
• Excellent analytical, investigative, and problem-solving abilities.
• Proven leadership and ability to guide audit teams and communicate with senior management.
• Experience using audit management systems, GRC platforms, and data analytics tools.

Responsibilities

• Plan, lead, and execute risk-based audits across governance, risk management and internal controls.
• Develop and review detailed audit programs and testing of control effectiveness.
• Analyze data, validate results, and document observations with remediation actions.
• Lead project teams, coach staff, and maintain quality throughout the audit lifecycle.
• Collaborate with stakeholders to validate observations and agree on corrective actions.
• Prepare and review comprehensive audit reports and deliverables.
• Ensure engagements meet professional standards and departmental expectations.
• Provide regular updates to Internal Audit leadership on progress and risks.
• Build relationships with business partners and audit clients across the organization.
• Support special projects, regulatory reviews, and departmental initiatives as needed.

Skills

Internal controls

Risk management

Regulatory compliance

Analytical thinking

Leadership

Communication

Education

Bachelor's degree in Accounting/Finance

CPA

CIA

CISA

CAMS

MBA (plus)

Tools

Audit management systems

GRC platforms

Data analytics tools

Job description

The Senior Internal Audit Manager will partner closely with Internal Audit leadership to assess, monitor, and evaluate the effectiveness of internal controls, governance processes, and risk management frameworks across capital markets, investment banking, and related financial services operations.

This role is responsible for leading and executing risk-based audits covering business, regulatory, compliance, financial, and operational activities in accordance with the Internal Audit Plan. The successful candidate will also contribute to annual enterprise risk assessments, drive departmental initiatives and special projects, and provide independent assurance regarding the adequacy and effectiveness of key controls.

The Senior Internal Audit Manager will develop and review detailed audit programs, perform risk assessments and testing activities, document observations, and collaborate with business leaders and stakeholders to validate findings and establish practical remediation plans. The role requires the ability to communicate complex risks clearly through concise and impactful audit reports that summarize audit scope, identified risks, findings, recommendations, and issue status.

This position operates within a global Internal Audit environment and may support audits across a diverse portfolio of financial services businesses, including capital markets, investment banking, brokerage, trading, financial technology, asset management, and other regulated financial operations.

Major Responsibilities

• Support the Internal Audit function in providing senior management and the Board with independent assessments of the effectiveness of governance, risk management, and internal control processes.
• Plan, lead, and execute risk-based audits, including process walkthroughs, control design assessments, documentation reviews, and testing of control effectiveness.
• Analyze data and validate audit results to ensure accuracy and alignment with audit objectives.
• Lead and supervise project teams, providing direction, coaching, and quality review throughout the audit lifecycle.
• Collaborate with business stakeholders to validate audit observations and develop practical corrective action plans.
• Prepare and review comprehensive audit reports and related deliverables.
• Ensure audit engagements are completed on schedule and in accordance with professional standards and departmental expectations.
• Provide regular updates to Internal Audit leadership regarding audit progress, key risks, and deliverables.
• Build and maintain effective working relationships with business partners and audit clients across the organization.
• Lead or support special projects, investigations, regulatory reviews, and departmental initiatives as required.
• Monitor and validate the completion of agreed audit actions and remediation efforts.

Key Stakeholder Relationships

• Establish and maintain strong relationships with business leaders and key stakeholders across the organization.
• Partner with Front Office, Compliance, Financial Crime, Risk Management, Operations, Finance, and other control functions to ensure a comprehensive understanding of risks, controls, and auditscope.
• Collaborate closely with Internal Audit leadership and global audit teams to support the execution of the audit plan and strategic initiatives.
• Engage with senior management to communicate audit observations, recommendations, and remediation expectations.

Required Skills & Qualifications

• Minimum of 7 years of experience conducting regulatory, compliance, financial, and/or operational audits within the financial services industry.
• Strong understanding of internal controls, risk management frameworks, and audit methodologies.
• Demonstrated knowledge of capital markets, investment banking, trading environments, or related financial services businesses.
• Exceptional analytical, investigative, and problem-solving abilities.
• Strong project management and organizational skills with experience leading small to mid-sized audit teams.
• Excellent verbal and written communication skills, including the ability to present findings to senior management.
• Experience building effective relationships and influencing stakeholders at various levels of the organization.
• Ability to independently lead meetings, conduct interviews, and drive discussions to achieve audit objectives.
• Receptive to feedback with a commitment to continuous improvement and professional development.
• Experience utilizing audit management systems, GRC platforms, and automated audit workpaper solutions.

Education & Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
• Professional certifications such as CPA, CIA, CAMS, CISA, or equivalent are preferred.
• Advanced degree (MBA, Master's in Finance, Accounting, or related discipline) is a plus.
• Minimum of 7 years of Internal Audit experience within financial services, banking, capital markets, investment banking, brokerage, or related regulated environments.
• Experience in Internal Audit, Compliance, Risk Management, Regulatory Affairs, or consulting functions preferred.