Associate, Internal Audit - Financial Markets

Posted 19 Days Ago
New York, NY, USA
In-Office
85K-140K Annually
Mid level
Fintech • Payments • Financial Services
The Role
The Associate in Internal Audit executes risk-based audits within Financial Markets, assessing governance and controls while engaging with stakeholders and providing mentorship to junior members.
Summary Generated by Built In

CAS | Audit | Audit Associate| NYC

About ING

ING is a global financial institution with a strong European heritage and an expanding presence in the Americas. In the region, ING’s Wholesale Banking business provides a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

At ING, individuality is valued and encouraged. We foster a culture that is professional, inclusive, and supportive, where people are empowered to take ownership, think critically, and continuously improve how we work. With our global footprint and collaborative environment, ING offers meaningful opportunities to develop expertise, broaden perspectives, and build a long‑term career.

ING Americas follows a hybrid working model, offering a combination of in‑office and remote work, with arrangements varying by business area.

Sound like a place where you could do your best work? We would be pleased to hear from you.

About the position:

The Audit Associate role in Corporate Audit Services (CAS) Americas supports the execution of risk‑based internal audits across ING’s U.S. Financial Markets activities and supporting value chain. This position plays an active role in delivering high‑quality, independent assurance over governance, risk management, and internal controls, in line with regulatory expectations and ING standards.

Audit Associates are expected to exercise professional judgment, assess complex processes, and engage directly with stakeholders, including senior management. The role offers hands‑on exposure to Financial Markets businesses, regulatory topics, and front‑to‑back processes, while operating within a highly regarded global internal audit function.

This position is well‑suited for professionals with several years of banking or audit experience who are looking to deepen their technical expertise, expand their understanding of financial markets and regulation, and take on increasing responsibility within a strong control environment.

About the department

Corporate Audit Services (CAS) is ING Group’s global internal audit function, headquartered in Amsterdam, and operates in accordance with the Institute of Internal Auditors’ standards. CAS is recognized for its strong professional expertise, independence, and collaborative approach.

CAS Americas, based in New York, is responsible for delivering internal audits across ING’s Wholesale Banking operations in the Americas, including the U.S. and Mexico. Audits are performed by small, specialized teams, allowing for meaningful responsibility, close collaboration, and direct interaction with stakeholders. The function operates in a hybrid working model.

Responsibilities

  • Plan, execute, and report on risk‑based audit engagements, either independently or as part of a small audit team.
  • Assess the design and operating effectiveness of governance, risk management, and internal controls, with particular focus on Financial Markets activities.
  • Identify, analyze, and clearly articulate audit findings and conclusions, and discuss them constructively with stakeholders.
  • Contribute to continuous monitoring activities, thematic reviews, and the validation and closure of audit issues.
  • Stay current on regulatory, market, and risk developments relevant to the business, and reflect these in audit scoping and assessments.
  • Review audit work and provide on‑the‑job coaching to less experienced team members, supporting their professional development.
  • Build and maintain effective working relationships across the organization while preserving independence and objectivity.

Qualifications and Competencies

  • Qualifications: Academic degree in Finance, Economics, Accounting, or a related field.
  • Professional certification (CPA, CIA, CISA, FRM, CFA, or similar), or a willingness to pursue one.
  • Experience: Approximately 3–6 years of relevant experience in banking, internal audit, external audit, or internal control, preferably within a Financial Markets or regulated environment.
  • Competencies:
    • Ability to independently plan and execute complex audit assignments, including scoping, risk assessment, and issue analysis.
    • Strong analytical and critical‑thinking skills, with the ability to translate detailed analysis into clear conclusions.
    • Sound understanding of regulatory expectations and control frameworks applicable to financial institutions.
    • Effective communication skills, with the confidence to engage stakeholders at different levels of the organization.
    • Strong project management skills, including the ability to manage timelines and competing priorities.
    • Professional maturity, organizational sensitivity, and the ability to challenge constructively and manage disagreement.
    • Collaborative team player with experience working in diverse and multicultural environments.

Salary Range $85,000-$140,000

The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.

Skills Required

  • Academic degree in Finance, Economics, Accounting, or a related field
  • Professional certification (CPA, CIA, CISA, FRM, CFA, or similar) or willingness to pursue one
  • Approximately 3-6 years of relevant experience in banking, internal audit, external audit, or internal control
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The Company
Amsterdam, North Holland
65,710 Employees

What We Do

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

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