Director, Internal Audit
Overview:
About Us:
Cambridge Investment Research, Inc. stands as one of the nation’s premier independent financial solutions firms, dedicated to empowering independent financial advisors and their clients. At Cambridge, we cultivate an inclusive, dynamic environment that thrives on innovation, collaboration, and growth.Our team is driven by a shared commitment to excellence, fostering a workplace where every individual feels valued, supported, and inspired to succeed.
We provide a comprehensive range of flexible solutions across advice, growth, technology, and independence, tailored to meet the unique needs of our advisors. Guided by our core values—integrity, commitment, flexibility, and kindness—we lead with purpose, delivering impactful results for our clients and partners.
At Cambridge, we don’t just adapt to change; we shape it. As innovators, problem solvers, and trailblazers, we are redefining what it means to be independent. We are Cambridge.
Job Summary:
Are you a meticulous and strategic thinker with a passion for ensuring compliance and driving continuous improvement? We are seeking a dynamic Internal Audit Leader to join our team and lead our internal audit functions with precision and excellence.If you thrive in a detail-oriented environment and are committed to upholding the highest standards, this role is perfect for you!
As our Internal Audit Leader, you will play a crucial role in maintaining and enhancing our compliance framework. You will be responsible for updating processes, conducting thorough audits, and ensuring our organization meets all regulatory requirements.Your expertise will be vital in developing new compliance tests, managing risk assessments, and reporting findings to senior management.
Join us and be part of a team that values integrity, collaboration, and continuous improvement. Together, we can ensure our organization remains compliant and operates at the highest standards.
Essential Duties:
In this role, you will:
- Update and Innovate: Complete quarterly scorecards, update processes, and evaluate system performance to ensure efficiency and compliance.
- Execute Audits: Conduct internal audit testing to identify areas for improvement and ensure adherence to regulatory standards.
- Develop Compliance Tests: Evaluate new regulations and create necessary compliance tests to keep our organization ahead of the curve.
- Review and Adjust: Analyze test results, make adjustments, and ensure the accuracy and relevance of our testing processes.
- Report and Follow Up: Issue Department ACP results, collect responses, and follow up on action items to address any deficiencies.
- Configure Documents: Update WSP, WPP, and AML documents to reflect the latest compliance requirements.
- Draft Reports: Prepare regulatory reports and present findings to the CEO and executive team.
- Manage Non-ACP Compliance: Develop frameworks for non-ACP compliance areas and create new tests as needed.
- Lead Risk Assessments: Oversee the risk ranking exercise, compile data, and ensure all outstanding items are addressed.
- Strategic Planning: Contribute to the development of the Internal Audit Roadmap and Strategic Plan.
- Coordinate with External Auditors: Manage requests from RSM and provide necessary documentation and testing calendars.
- Conduct Specialized Testing: Create frameworks and conduct tests for specific compliance areas, ensuring thorough and accurate results.
Education & Experience:
The ideal candidate would possess an intermediate level of experience, typically around 7+ years, with compliance, internal audit, or a related field within the financial services industry.
Certificates & Licenses:
This role requires a Series 7 and Series 24
Preferred Skills:
- Strong understanding of regulatory requirements, particularly in areas such as AML, DOL PTE, and other financial regulations.
- Excellent analytical, organizational, and problem-solving skills.
- Strong written and verbal communication skills, with the ability to present complex information to senior management.
- Ability to manage multiple projects and deadlines with a high level of accuracy and attention to detail.
- Proficiency in audit software and compliance management tools.
The actual pay offered to a specific candidate may vary above or below the stated range.
Benefits: Cambridge has competitive benefits and promotes a work/life balance to encourage individual success.- Premium benefit package including medical, vision, dental, life and long-term disability insurance
- Vacation/sick time
- 401K retirement plan with company matching program
- Eleven paid holidays
You can find more details about our comprehensive benefits package here.
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