Internal Audit Associate

Job description

Excited to grow your career? BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers. About the job: BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers. BBVA Internal Audit is a global function with more than 670 professionals across 14 countries playing a critical role in the Group's governance and risk management. In the United States, the Internal Audit team operates as part of this global function, working collaboratively within the broader international network to ensure consistency, insight, and impact. As the third line of defense, Internal Audit provides independent assurance and advisory services, acting as a strategic partner to the business by delivering risk-based insights that support decision-making and strengthen the control environment. Beyond its assurance role, Internal Audit acts as a strategic partner, providing independent, risk-based insights that support decision-making and strengthen the control environment and overall performance. In addition, we are at the forefront of transforming the audit function, driving the use of advanced data analytics and integrating artificial intelligence solutions to anticipate risks and deliver greater value to the business. Joining the USA BBVA Internal Audit team means becoming part of both a local team and a global community of professionals with extensive opportunities for learning, collaboration and career development. ROLE OVERVIEW As an Internal Audit Associate, you will be responsible for the monitoring and validation of audit issues, participate in the Internal Audit continuous monitoring / Risk Assessment process, support the development of the Internal Audit plan, and preparation of management reporting and preparation of supporting documentation for regulatory requests. The Associate is expected to independently manage assigned activities, exercise sound judgment within established Internal Audit methodology, and escalate significant matters appropriately. You will gain in-depth knowledge of BBVA’s U.S. operations and risk profile, as well as the Internal Audit function, its methodology, governance framework, issue management processes, and reporting requirements. Working closely with Internal Audit teams, business and control functions, and relevant stakeholders. The role provides broad exposure across the organization and contributes to the continuous improvement and effective operation of the Internal Audit function. The ideal candidate will have a solid foundation in internal audit, risk management, governance, or related disciplines, strong attention to detail, and the ability to coordinate multiple activities and stakeholders effectively. PRIMARY DUTIES AND RESPONSIBILITIES Internal Audit Risk Assessment & Planning Support the Internal Audit continuous monitoring and Risk Assessment process, including the collection, consolidation, analysis of relevant information and the documentation of risk assessment conclusions. Analyze changes in business activities, risk profiles, emerging risks, regulatory developments, control environment and other relevant factors and assess their potential impact on Internal Audit priorities. Support the development and periodic update of the Internal Audit Plan, including preparation of supporting analysis, documentation and management information. Support the maintenance of the Internal Audit Universe, helping ensure that changes in business activities, organizational structure, products, processes, systems, emerging risks and regulatory developments are appropriately reflected. Open Action Monitoring and Internal Audit Issue Validation Monitor Internal Audit open actions and remediation commitments, including aging and overdue actions, extensions and changes to target completion dates. Coordinate follow-up with responsible stakeholders and support the timely escalation of overdue, delayed or higher-risk actions. Prepare periodic reporting on the status of Internal Audit findings and open actions for Internal Audit management and relevant governance bodies. Support the independent validation of Internal Audit issues and remediation actions by reviewing management-provided evidence, assessing whether actions have been appropriately implemented and documenting validation conclusions in accordance with Internal Audit methodology. Regulatory Examinations Support Internal Audit activities related to Federal Reserve Board (FRB) and other regulatory examinations, including coordinating regulatory information requests and requirements. Coordinate the preparation, review and submission of Internal Audit documentation requested by regulators, helping ensure responses are timely, complete, accurate and appropriately supported. Internal Audit Reporting Support the preparation of materials for Internal Audit management and relevant governance committees, ensuring information is accurate, consistent, well documented and delivered within established timelines. Leverage data analytics, automation, and AI-enabled tools to analyze risk information, identify trends and anomalies, improve reporting, and enhance the efficiency and effectiveness of Internal Audit activities. QUALIFICATIONS Academic Background and Certifications Education: Bachelor’s degree required; preferred fields include Accounting, Finance, Business Administration or other related fields. Professional certifications or progress toward relevant certifications (e.g., CIA, CISA, FRM, CAMS, CPA, or other relevant credentials) are highly valued as they demonstrate both relevant knowledge and a strong commitment to professional development. Professional Experience You already have professional experience in Internal Audit, External Audit or consulting/advisory firms and you are looking for a role that will accelerate your development and broaden your perspective of Internal Audit and banking. Experience: Candidates should have a minimum of 3-4 years of relevant experience in internal audit, external audit, risk advisory, or consulting, preferably within financial services. Experience in risk assessment, issue management, regulatory examinations, or management reporting is preferred. Experience working within a financial institution or at a consulting/advisory firm, particularly in issue management, risk assessment, or reporting activities, is preferred. Experience supporting U.S. regulatory examinations (including FRB examinations) is strongly preferred. Experience coordinating regulatory requests, preparing supporting documentation, attending examination meetings, and tracking deliverables and commitments is highly valued. Skills & Competences Strong analytical, critical-thinking, problem-solving, and report-writing skills. Strong written and verbal communication skills, including the ability to communicate effectively with stakeholders at different levels of the organization. Working knowledge of internal audit, risk management, governance, internal controls, and issue-management processes. Understanding of the U.S. financial-services regulatory environment and relevant regulatory expectations. (FRB, NYDFS, SEC,..) Proficiency with productivity and data-analysis tools; experience with Excel/Google Sheets, Power BI, SQL, or Python is a plus. Advanced computer skills required, with preferred proficiency in the Google Workspace suite, including Google Docs, Google Sheets, and Google Slides. All qualified applicants will receive consideration for