Internal Audit Associate - Financial Services

## Internal Audit Associate - Financial Services Apply locations:
Nashville, TN:
Columbia, SC:
Charleston, SC:
Charlotte, NC:
US Remote time type:
Full time posted on:
Posted 2 Days Agojob requisition :
R996##
** WHO WE ARE
** Elliott Davis pairs forward-thinking tax, assurance and consulting services with industry-leading workplace culture. Our nine offices — located in the fastest growing cities in the US — are built on a foundation of inclusivity, collaboration, and collective growth. We work daily to provide exceptional service to our people, customers, and our communities. Audit and assurance services are provided by Elliott Davis, LLC (doing business in NC and D.C. as Elliott Davis, PLLC), a licensed CPA firm.
** Position Overview
** We are seeking an
** Associate – Risk Advisory
** to join our Financial Services Group (FSG). Our team serves a diverse portfolio of financial institutions and provides independent, risk-based assurance and advisory services across a wide range of banking operations.

This role offers an excellent opportunity to begin or advance a career in internal audit while gaining exposure to key operational, financial, and risk management functions within financial institutions.

As an Associate, you will support the execution of internal audit engagements and help financial institutions strengthen internal controls, ensure regulatory compliance, and enhance operational effectiveness.
** Responsibilities
* * As an Associate, you will support senior team members and gain hands-on experience in internal audit, risk assessment, and operational review. Responsibilities include but are not necessarily limited to:
* Assist in performing internal audit engagements across core banking functions, including:  + Loan operations and credit administration  + Deposit operations  + ACH and electronic payments  + Wire transfers  + Branch operations  + Accounting and financial reporting  + Human resources and payroll  + Enterprise Risk Management (ERM)  + Model Risk Management (MRM)  + Investment and treasury operations
* Execute audit procedures, including walkthroughs, testing of controls, and validation of operational processes.
* Identify and assess risks, control gaps, and process inefficiencies across operational and financial areas.
* Perform detailed testing of transactions, reconciliations, system controls, and compliance with internal policies and regulatory requirements.
* Assist in the evaluation of internal controls related to financial reporting, safeguarding of assets, and operational effectiveness.
* Document audit procedures, findings, and supporting work papers in accordance with professional audit standards.
* Prepare clear and concise audit reports, including observations, root cause analysis, and practical recommendations.
* Support compliance assessments related to applicable banking regulations and guidance (e.g., FDIC, OCC, Federal Reserve, state banking regulators).
* Participate in meetings with clients and internal stakeholders to gather information and communicate audit progress.
* Contribute to project management across multiple audit engagements, ensuring timelines and deliverables are met.
* Support continuous improvement initiatives, including development of audit tools, methodologies, and process enhancements.
* Perform other duties as assigned.
*
* Required Qualifications:

*** Bachelor’s degree in accounting, finance, business administration, or a related field.
* 0-3 years of experience in internal audit, external audit, banking operations, risk management, or related fields (internships accepted).
* Foundational understanding of:  + Internal control frameworks (e.g., COSO)  + Audit methodologies and risk assessment techniques  + Banking operations and regulatory expectations
* Strong analytical and problem-solving skills with attention to detail.
* Effective written and verbal communication skills.
* Ability to manage multiple tasks and work both independently and collaboratively in a team environment.
* Demonstrated willingness to learn and develop technical audit and banking knowledge.
* Ability to travel when required (estimated maximum of 25 nights per year)
** Desired

Qualifications:

**…