Audit & Risk Analyst (Financial Services)

Location: New York City – Lower ManhattanWork Arrangement: Hybrid – 3 Days Onsite / 2 Days RemoteEngagement Type: Full-Time Consulting EngagementDuration: 6+ Months, with Potential for ExtensionExperience: 1–4 Years Preferred (Up to 6 Years Considered)Start Date: Immediate – ASAPPosition OverviewWe are seeking Financial Services Risk & Audit Analysts for an immediate consulting opportunity supporting a large, highly regulated banking and financial services organization in New York City.This engagement is ideal for professionals with 1–4 years of experience in banking, financial services audit, risk management, internal controls, or regulatory compliance who are interested in expanding their experience in financial services consulting.The position focuses on supporting audit, risk, controls, and compliance initiatives, including reviewing business processes, evaluating internal controls, identifying potential risks, and assisting with audit-related documentation and reporting.This is not a traditional RCSA position. While Risk and Control Self-Assessment (RCSA) experience is beneficial, the primary focus is on financial services audit, risk, controls, and compliance activities.Candidates MUST have prior banking experience and be immediately available to interview and start.Key ResponsibilitiesFinancial Services Audit & Risk SupportSupport audit, risk, and internal controls initiatives within a regulated banking environment.Review financial services business processes, policies, procedures, and supporting documentation.Assist with identifying operational, financial, regulatory, and process-related risks.Support audit walkthroughs, testing procedures, documentation reviews, and control evaluations.Analyze findings and identify potential gaps, weaknesses, and opportunities for improvement.Prepare audit workpapers, risk summaries, supporting schedules, and other project deliverables.Internal Controls & ComplianceAssist with evaluating the design and effectiveness of internal controls.Support reviews of control documentation, testing results, and compliance with internal policies.Document control deficiencies, audit findings, and remediation activities.Track outstanding issues, corrective actions, and project milestones.Collaborate with internal audit, risk management, compliance, and business stakeholders.Reporting & Stakeholder CollaborationPrepare written summaries, presentations, and reporting materials for project leadership.Analyze financial, operational, and risk-related data to identify trends and potential concerns.Participate in stakeholder meetings, walkthroughs, and project discussions.Communicate findings, project updates, and outstanding requests clearly and professionally.Adapt to changing project priorities while managing multiple assignments.Work independently with limited direction after initial onboarding.Required Qualifications1–4 years of relevant professional experience preferred; candidates with up to 6 years will be considered.Banking industry experience REQUIRED, either directly within a financial institution or through consulting/audit engagements supporting banking clients.Experience in one or more of the following:Internal Audit or External AuditFinancial Services Risk ManagementInternal Controls or Controls TestingRegulatory ComplianceBanking Operations RiskFinancial Services Risk AdvisoryUnderstanding of banking business processes, internal controls, and risk management principles.Strong analytical, problem-solving, and documentation skills.Excellent written and verbal communication skills.Proficiency in Microsoft Excel and PowerPoint.Ability to learn quickly, adapt to changing priorities, and work with limited supervision.Ability to work onsite in Lower Manhattan three days per week.Immediate availability to interview and begin the engagement.Preferred QualificationsExperience working with a major banking institution or Global Systemically Important Bank (GSIB).Big Four or comparable financial services audit/risk advisory consulting experience.Exposure to financial services internal audit, SOX, control testing, or regulatory examinations.Familiarity with RCSA methodologies, risk assessments, or control frameworks.Experience documenting audit findings, control deficiencies, and remediation activities.Experience using AI-enabled tools for research, analysis, reporting, or process improvement.Familiarity with audit, risk, or governance platforms.Ideal Candidate ProfileThe ideal candidate is an early-career professional with a foundation in banking audit, risk, internal controls, or compliance who can contribute immediately to a fast-moving consulting engagement.Relevant backgrounds include:Big Four Financial Services Audit or Risk AdvisoryInternal Audit at a major bankBanking Risk Management or Internal ControlsRegulatory Compliance or Controls TestingConsulting firms supporting banking and financial services clientsDirect RCSA experience is NOT required. Candidates with relevant banking audit, risk, controls, or compliance experience are strongly encouraged to apply.Compensation & Engagement DetailsLocation: New York City – Lower ManhattanHybrid Schedule: 3 Days Onsite / 2 Days RemoteDuration: 6+ Months, with Potential for ExtensionStart Date: ASAPImmediate Interview & Start RequirementsWe are moving quickly on this opportunity. Candidates must be immediately available to interview and begin working.Applicants should be prepared to provide their earliest interview availability and potential start date.Apply TodayIf you have 1–4 years of banking audit, risk, controls, or compliance experience and are available to start immediately, we encourage you to apply.