Internal Auditor 3-5 Years' Experience Financial Services

Internal Auditor — 3-5 Years' Experience Job Description

Candidates for these internal auditor positions should have at least three years of public accounting and/or private industry experience. Knowledge of accounting, finance and internal controls is required, as is comprehension of internal auditing standards, GAAP, Sarbanes-Oxley, COSO framework and risk-assessment practices. An undergraduate degree in accounting or finance is required, along with a CPA or CIA designation. Candidates also should possess strong project-management abilities and excellent verbal and writing skills. Senior internal auditors are expected to work independently with limited direction and guidance and to interact with senior management at all levels of the organization.

Typical internal auditor — 3-5 years' experience duties:

Performing individual internal audit projects, as part of the total internal audit plan

Developing the internal audit scope, performing internal audit procedures and preparing internal audit reports

Covering functional and operating units with a focus on financial, information technology and operational processes

Directing and reviewing the work performed by other internal audit personnel, including resources from co-sourcing firms

Applying knowledge of internal control concepts and experience to planning, performing, managing and reporting on the evaluation of various business processes, areas and functions

Performing follow-up on the status of outstanding internal audit issues

Assisting in internal audit management and the development of the annual internal audit plan

Supervising internal audit staff

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Salary for Internal Auditor 3-5 Years' Experience Financial Services

80000 - 114750

25th percentile

80000

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

103250

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

114750

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Manager of Internal Audit – Financial Services

111250

130500

154750

Internal Auditor, 1-3 Years’ Experience – Financial Services

65500

80250

97000

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