???? Job Title: Asset Management Audit Consultant Prime Funds
???? Location: New York City, NY
???? Client: Leading Banking Client
???? Experience: 8+ Years
Role Overview
We are looking for an experienced Asset Management Audit Consultant to support a strategic engagement with a leading banking client in New York City. This role will lead complex audit engagements across Global Prime Funds operations, provide advisory support, and ensure regulatory compliance across multiple jurisdictions. The ideal candidate will bring deep asset management audit expertise and the ability to engage confidently with senior stakeholders.
Key Responsibilities
Audit Execution (40%)
Lead end-to-end audits of Global Prime Funds operations, including fund administration, portfolio management, trading, compliance, and operations
Plan and execute audits across US, EMEA, and APAC regions
Assess key risks including liquidity, credit, operational, and regulatory risks
Perform audit testing aligned with SOC 1/2, ISAE 3402, SEC Rule 2a-7, and MMFR
Document findings, prepare detailed audit reports, and present results to senior management
Manage 4 6 major audits annually
Regulatory & Compliance (30%)
Ensure compliance with SEC Investment Company Act, Rule 2a-7, FINRA regulations
Monitor regulatory changes and assess their impact on audit strategy
Review compliance programs including NAV calculations, shadow pricing, and liquidity assessments
Support regulatory examinations (SEC, FINRA, FCA, MAS)
Review regulatory filings such as Form N-MFP and Form PF
Consulting & Advisory (20%)
Provide strategic advisory on control design, process improvement, and risk mitigation
Advise on new products, technologies, and operational changes
Conduct pre-implementation reviews and risk assessments
Act as a Subject Matter Expert (SME) for Prime Funds operations
Stakeholder Management (10%)
Partner with Portfolio Management, Operations, Compliance, Risk, and Technology teams
Present audit results to C-suite executives and Board committees
Coordinate with external auditors and Fund Boards
Required Qualifications
Education & Certifications
Bachelor's degree in Accounting, Finance, or related field
CPA, CIA, CISA, or CFA (Required)
Experience
8+ years of audit experience in asset management
3+ years focused on money market / prime funds
3+ years in Big 4, internal audit, or consulting at Senior/Manager level
Proven experience leading global, complex audits
Strong C-suite and senior stakeholder engagement experience
Technical Expertise
Asset management operations (front, middle, and back office)
Money market fund regulations (SEC Rule 2a-7, MMF Reform)
Fund accounting, NAV calculations, and pricing methodologies
Risk frameworks (COSO, COBIT)
Financial instruments: repos, commercial paper, CDs, treasuries
Audit & analytics tools: ACL, IDEA, Tableau, TeamMate
Core Competencies
Strong analytical and problem-solving skills
Excellent written and verbal communication
Advanced Excel and data analytics skills
Ability to manage multiple priorities in matrix organizations
Preferred Qualifications
MBA or Master's degree in Accounting/Finance
10+ years total experience with 5+ years in asset management
Big 4 Asset Management practice background
Knowledge of UCITS and global money market regulations
Experience with SQL, Python, or advanced analytics
???? Interested candidates are encouraged to send resume with LinkedIn to
Never miss an opportunity! Create an alert based on the job you applied for.
