Internal Controls Auditor II

Job Description

Internal Controls Auditor II – BSA/AML & Sanctions

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Location: New York, NY (Hybrid – 3 Days Onsite)

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Experience: 5–7 Years

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Certification: CAMS Required

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Job Overview

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We are seeking an experienced Internal Controls Auditor II to support an internal audit of a Corporate & Investment Banking (CIB) organization's BSA/AML and Sanctions Compliance program.

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The ideal candidate will have hands-on experience in internal audit, compliance testing, or financial crime risk, with a strong understanding of BSA/AML and sanctions controls within a banking or financial services environment.

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The individual will work closely with the audit lead to assess control effectiveness, perform audit testing, review supporting documentation, identify control gaps, and prepare clear, evidence-based audit observations.

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Key Responsibilities

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• Support audit planning, process walkthroughs, risk assessments, and audit test plan preparation.
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• Review AML/KYC policies, procedures, risk assessments, governance documents, and previous audit findings.
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• Perform control testing covering Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), KYC, beneficial ownership, and customer risk ratings.
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• Assess sanctions screening, transaction monitoring, alert disposition, and suspicious activity escalation processes.
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• Review controls related to correspondent banking, trade finance, lending, payments, treasury, and capital markets.
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• Evaluate screening systems, transaction monitoring scenarios, governance, tuning, and change management controls.
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• Select audit samples, review supporting evidence, and maintain accurate and traceable audit workpapers.
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• Identify control weaknesses, document testing results, and assist in preparing audit observations and reports.
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• Coordinate with business and compliance stakeholders to obtain audit evidence and support timely completion of fieldwork.
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Required Qualifications

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• CAMS certification is mandatory.
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• 5–7 years of relevant experience in internal audit, compliance testing, financial crime risk, or related control functions.
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• Strong working knowledge of BSA/AML and Sanctions Compliance requirements.
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• Experience in Corporate & Investment Banking or a financial services environment is highly preferred.
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• Hands-on experience with control walkthroughs, sample-based testing, evidence evaluation, and audit documentation.
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• Strong analytical, communication, and report-writing skills.
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• Ability to manage multiple priorities while maintaining confidentiality and attention to detail.
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Preferred Qualifications

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• Experience auditing multiple banking products, legal entities, or jurisdictions.
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• Familiarity with KYC, sanctions screening, transaction monitoring, and case management systems.
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• Internal audit certification or relevant professional training.
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• Experience using data analytics to support audit scoping and control testing.
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Work Arrangement: Hybrid – 3 Days Onsite in New York, NY.