Internal Auditor – Wealth Management

Position: Internal Auditor – Wealth Management Regulatory Reporting

Location: NYC, NY (Hybrid)

 Cotract : 12+ Months

Job Description:   

Wealth Management Internal Audit role focused on Regulatory Reporting business requires a candidate to act as the "third line of defense," independently assessing the firm''s internal control structure. For Stock plan-specific operations, this involves evaluating compliance with SEC and FINRA rules, particularly regarding trade reporting and employee equity compensation.

Core Responsibilities:

• Audit Lifecycle Management: Lead and execute audits across planning, scoping, testing operational design effectiveness, fieldwork, closure verification/validation and reporting phases within the Wealth Management business.
• Regulatory Reporting Evaluation: Assess the adequacy and accuracy of various regulatory reports submitted to authorities. This includes performing walkthroughs to document process flowcharts and narratives.
• TRACE, CATS Oversight: Validate the accuracy of Trade Reporting and Compliance Engine (TRACE), Consolidated Audit Trail (CAT).

This involves:

• Investigating and calling out anomalies via reporting
• Coordinating the remediation of reported anomalies thru’ documentation and revision of controls
• Stock plan/Wealth Compliance: Audit operations for compliance with fiduciary standards (e.g., OCC Reg 9) and test controls over electronic communications as per FINRA/SEC rules.
• Remediation & Validation: Follow up on open audit issues and perform validation testing on management''s completed remediation plans.

Required Skills and Qualifications:

• Technical Knowledge: Deep understanding of investment vehicles, wealth management products, and financial regulations.
• Experience: typically, 3–7 years in internal audit, internal controls assessment, or wealth management compliance.
• Certifications include:
• Certified Internal Auditor (CIA) or CPA.
• FINRA Series 65 or 66.
• Certified Financial Planner (CFP).