Internal Controls Associate

This is a fully remote position, open to applicants in United States.

📋 Description

• Assist in strengthening and optimizing the organization’s internal control environment across business operations, technology systems, financial reporting, information security, regulatory compliance, and risk management.

• Contribute to the design, implementation, maintenance, and enhancement of the internal control framework.

• Create documentation for policies, procedures, process flows, risk and control matrices, and control narratives in line with COSO principles.

• Conduct periodic risk assessments within business and technology functions.

• Recognize control deficiencies, emerging risks, and inefficiencies in processes.

• Formulate and suggest strategies for risk mitigation and enhancements to controls.

• Establish and carry out control testing procedures.

• Evaluate testing outcomes, pinpoint deficiencies, and monitor remediation efforts.

• Preserve evidence that supports control execution and its effectiveness.

• Aid in ensuring compliance with SOX, state insurance regulations, privacy laws, cybersecurity mandates, SOC reporting, PCI DSS, and other relevant frameworks.

• Provide assistance during regulatory examinations, audits, and compliance evaluations.

• Act as a liaison between Internal Audit and external auditors.

• Manage audit requests, walkthroughs, interviews, and collection of evidence.

• Address audit inquiries and facilitate remediation initiatives.

• Assess operational processes and perform special reviews or investigations as needed.

• Engage in fraud prevention, business continuity planning, vendor management, and cybersecurity evaluations.

• Prepare audit-ready reports that summarize risks, assess control effectiveness, and offer recommendations.

• Communicate findings and corrective action plans to leadership.

• Develop metrics, dashboards, and reporting mechanisms to track control effectiveness.

• Keep updated on regulatory changes, emerging risks, and best practices in the insurance industry.

• Support additional initiatives related to control, audit, risk management, governance, compliance, and operations as assigned.

⛳️ Requirements

• Bachelor’s degree in accounting, finance, or technology is preferred.

• 1-2 years of experience in internal controls or in external or internal audit roles.

• Experience with Big Four firms or in banking is advantageous.

• Strong skills in organization, planning, and project management.

• Good professional judgment and the ability to make risk-based decisions.

• Exceptional attention to detail and strong analytical capabilities.

• Excellent written and verbal communication skills.

• Capacity to work independently with minimal supervision.

• Demonstrated accountability, ownership, and follow-through.

• Strong listening abilities and a willingness to accept coaching and feedback.

• Quick adaptability to new systems, regulations, and business processes.

• Proven capability to develop effective working relationships and influence stakeholders.

• Must exemplify the organization’s core values and behaviors consistent with the firm's culture.

• Ability to effectively engage with various levels of management within and outside the organization.

🏝️ Benefits

• Remote work arrangement.

• Full-time employment.