Risk Audit Associate

Sumitomo Mitsui Banking Corporation • Charlotte, NC

1d • Hybrid

About The Position

SMBC is seeking an experienced Risk (Financial and Non-Financial) Audit Associate to work within the Internal Audit Department. The associate participates in designing and executing internal audits of varying complexity, ensuring work follows IIA standards and Internal Audit Department policies and procedures, and contributes to other audit engagements and projects. The role covers audits of financial and non-financial risks, including assessment of controls, communication of results, ongoing risk assessment, and follow-up of issues.

Requirements

• At least three years of experience in the banking and finance industry or at consulting companies.
• Working knowledge of banking and capital markets products.
• Understanding of regulatory requirements, supervisory guidance, and industry standards relevant to financial and non-financial risk.
• Understanding of audit techniques, internal controls, and workpaper standards.
• Excellent communication, presentation, and interpersonal skills, including the ability to interact effectively at all levels within the organization.
• Bachelor’s degree in Accounting, Finance, or a related field.

Nice To Haves

• Experience in second- and/or third-line-of-defense roles for financial or non-financial risk.

Responsibilities

• Participate in risk audits from inception to completion, including planning, testing, issue identification, workpaper review, and reporting.
• Assess the design and operating effectiveness of controls supporting operational risk, credit risk, liquidity risk, and other financial and non-financial risk management frameworks.
• Communicate audit strategy, testing results, and corrective measures to stakeholders and audit senior management.
• Assist with delivery and execution of the Internal Audit Department’s broader audit plan and assurance responsibilities as needed.
• Participate in quarterly and annual continuous monitoring and risk assessment processes to identify business trends and changes in the business risk profile.
• Assist with special projects related to business process improvements or departmental strategic initiatives as needed.
• Track and validate closure of issues raised by the department and regulators.
• Develop, promote, and maintain collaborative working relationships with business management, risk management functions, external auditors, and regulators.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level