Internal Audit

Position Overview

A top-tier U.S. investment bank is seeking an Internal Audit/Regulatory Consultant to join its Internal Audit team on a Contract basis in New York. This role is ideal for a hands-on professional with 5-7 years of experience in internal audit and regulatory compliance within a Swap Dealer or broker-dealer environment. The consultant will support audit engagements focusing on Dodd-Frank compliance and key trading desk operations across Fixed Income, Equities, and Broker-Dealer activities.

Key Responsibilities

• Conduct internal audits and reviews across trading desks including Fixed Income, Equities, and Broker-Dealer functions.
• Assess compliance with Dodd-Frank rules, Swap Dealer regulations, and other applicable U.S. regulatory frameworks.
• Identify regulatory risks, gaps, and control weaknesses, providing recommendations for remediation.
• Collaborate with business units, compliance, risk, and legal teams to ensure adherence to regulations.
• Draft and present findings, risk assessments, and audit reports to senior stakeholders.
• Monitor regulatory developments and assess their impact on trading activities.
• Provide hands-on support in audit testing, control evaluations, and process improvements.

Required Qualifications

• 5-7 years of experience in regulatory internal audit/compliance within an investment bank, swap dealer, broker-dealer, or regulatory agency.
• Strong knowledge of Dodd-Frank regulations and experience with Swap Dealer requirements.
• Familiarity with trading desk operations and financial products across Fixed Income, Equities, and Derivatives.
• Hands-on experience with audit methodologies, risk assessments, and control testing.
• Ability to work independently in a fast-paced environment with tight deadlines.
• Strong analytical, problem-solving, and communication skills.
• Bachelor’s degree in Finance, Accounting, or a related field; relevant certifications (e.g., CPA, CIA, CFE, or CAMS) are a plus.

Preferred Qualifications

• Prior experience working with or within a Top U.S. Investment Bank.
• Familiarity with SEC, CFTC, FINRA, and NFA regulations impacting broker-dealers and swap dealers.
• Exposure to regulatory exams and interactions with regulatory agencies.