Internal Controls Associate – MSI

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

📋 Description

• Assist in enhancing and supporting the overall internal control framework within the organization across various business operations, technology platforms, financial reporting, information security, regulatory compliance, and risk management.

• Assess the design and effectiveness of controls.

• Document essential processes and procedures, policies, process flows, risk and control matrices, and control narratives in accordance with COSO principles.

• Maintain documentation providing evidence of control performance.

• Conduct regular risk assessments throughout business and technology functions.

• Identify gaps in controls, emerging risks, and inefficiencies in processes.

• Develop and propose strategies for risk mitigation and enhancements to controls.

• Support initiatives related to enterprise risk management and compliance.

• Create and implement control testing procedures.

• Analyze testing outcomes, identify deficiencies, and monitor remediation efforts.

• Oversee key controls through continuous auditing and applicable data analytics.

• Ensure compliance with SOX, state insurance regulations, privacy laws, cybersecurity standards, SOC reporting, PCI DSS, and other relevant frameworks.

• Assist in regulatory examinations, audits, and compliance evaluations.

• Collaborate with Internal Audit and external auditors.

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

• Address audit inquiries and aid in remediation efforts.

• Track audit findings and corrective actions.

• Assess operational processes and conduct special reviews or investigations.

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

• Prepare audit-ready reports detailing risks, control effectiveness, and recommendations.

• Communicate findings and proposed corrective action plans to leadership.

• Escalate significant issues and emerging risks as necessary.

• Present control-related information to management committees and stakeholders.

• Develop metrics, dashboards, and reports to evaluate control effectiveness.

• Stay updated on regulatory changes, emerging risks, and best practices within the insurance sector.

• Assist with additional initiatives related to controls, audits, risk management, governance, compliance, and operations as needed.

⛳️ Requirements

• Bachelor’s degree in accounting, Finance, or Technology preferred.

• 1-2 years of experience in internal controls or positions related to external or internal audit.

• Experience with a Big Four firm or in banking is advantageous.

• Proven ability to consistently meet commitments and manage competing priorities.

• Strong organizational, planning, and project management abilities.

• Sound professional judgment and effective risk-based decision-making skills.

• Exceptional attention to detail alongside strong analytical thinking capabilities.

• Excellent written and verbal communication skills.

• Capability to work independently with minimal supervision.

• Proven accountability, ownership, and commitment to follow-through.

• Strong listening skills and a willingness to receive coaching and feedback.

• Ability to quickly familiarize oneself with new systems, regulations, and business processes.

• Proven track record of building effective working relationships and influencing stakeholders.

• Must embody the organization’s core values and demonstrate behavior aligned with the firm's culture.

• Must be capable of interacting effectively with various levels of management both internally and externally.

🏝️ Benefits

• Remote work arrangement.

• Full-time employment.