Internal Auditor 3-5 Years' Experience Financial Services in Chicago, IL

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 planDeveloping the internal audit scope, performing internal audit procedures and preparing internal audit reportsCovering functional and operating units with a focus on financial, information technology and operational processesDirecting and reviewing the work performed by other internal audit personnel, including resources from co-sourcing firmsApplying knowledge of internal control concepts and experience to planning, performing, managing and reporting on the evaluation of various business processes, areas and functionsPerforming follow-up on the status of outstanding internal audit issuesAssisting in internal audit management and the development of the annual internal audit planSupervising internal audit staff

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Salary for Internal Auditor 3-5 Years' Experience Financial Services in Chicago, IL
95170 - 136710
25th percentile
95170
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
123070
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
136710
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Manager of Internal Audit – Financial Services 133610 156550 185690 Internal Auditor, 1-3 Years' Experience – Financial Services 78740 96410 116560

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