Internal Audit Associate

The Internal Audit Associate supports the Vice President of Internal Audit & Risk Management (CAE) by performing audit execution support, risk assessment activities, issue tracking, quality assurance support, and administrative coordination in accordance with the International Professional Practices Framework (IPPF). This role applies to foundational emerging intermediate competencies in internal auditing, governance, risk management, and operations under supervision. The Associate contributes directly to audit engagements, enterprise risk management (ERM) activities, and Audit Committee reporting, while upholding the highest standards of professionalism, confidentiality, and integrity. This role aligns with the Internal Auditing Competency Framework™ (B2 – Staff-Level Auditor). Proficiency levels represent baseline expectations and may require applied expertise based on regulatory complexity and institutional risk.

• Responsibilities include but not limited to:

  • Audit Engagements & Support:
    • Participate in planning, fieldwork, and reporting phases by performing assigned testing, preparing workpapers, and supporting audit conclusions under supervision
    • Assist in the execution of operational audits (academic) to identify opportunities for increased efficiency and process improvement
    • Support the execution of internal audits by performing routine testing procedures to help verify the institution's adherence to local, state, and federal legal obligations
  • Internal Audit Risk Management:
    • Execute internal audit risk assessments through data analysis and risk identification under supervision
    • Support ERM activities by updating risk registers and documenting management responses
  • Audit Committee:
    • Prepare Audit Committee and ERM presentation materials
    • Compile and analyze issue aging, overdue items, and open observations by entity, risk rating, and responsible party
    • Maintain professional communication with management and Audit Committee stakeholders as directed
  • Issue Tracking:
    • Maintain and update the master Observation Log, including issue metadata, risk ratings, responsible parties, and implementation dates
    • Track action item status, closure dates, and revised timelines, ensuring accurate and timely updates
    • Prepare and distribute monthly reminder and past-due notifications, maintaining proper documentation
    • Refresh and maintain reporting outputs, including pivot tables, charts, statistics, and aging reports, and archive monthly versions
    • Ensure data integrity, formula accuracy, and consistency across reporting artifacts used for management and Audit Committee decision-making
  • Administrative Support:
    • Support the Quality Assurance and Improvement Program (QAIP), including maintaining documentation, assisting with Quality Assurance Reviews (QARs), and tracking audit performance metrics and Balanced Scorecard reporting
    • Assist with internal and external communications and marketing initiatives to enhance the visibility and impact of the Internal Audit function
    • Coordinate internship program activities, including recruiting, onboarding, and monitoring interns supporting Internal Audit work
    • Track intern assignments and daily activities to ensure alignment with departmental objectives and priorities
    • Provide general administrative support to the Internal Audit team, including scheduling, meeting coordination, and office operations

Education/Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 1-2 years of experience in compliance auditing or internal auditing.

Certifications/Licensures

• Professional certifications such as CIA, CPA, CISA, or CFE preferred.

Knowledge/Skills/Abilities

• Assist with audit procedures, testing, and documentation while learning best practices in risk management and governance.
• Demonstrate initiative, accountability, sound judgment, and effective time management, applying basic data analysis to support team processes.
• Support audits across financial, administrative, and academic areas, helping identify risks and improve processes.
• Work collaboratively with colleagues, communicate clearly, and escalate issues as appropriate.
• Uses Microsoft Office and analytics tools (e.g., Tableau, Power BI), applies strong analytical and organizational skills, works effectively independently and in teams, maintains confidentiality, and adapts to changing priorities

Travel

• Occasional domestic and international travel to Touro University campuses as needed.

Working Conditions

• Extensive use of computers
• Extensive time sitting and standing
• Able to lift up to 5 lbs.