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Internal Audit

Development Program Details

Program Overview

The Internal Audit Development Program is designed to build and strengthen audit, communication and leadership skills.

Associates can expect to rotate on an average of every six months (given the business need) to a new audit team.

Associates will gain exposure to all pertinent areas within Internal Audit having the opportunity to rotate through the following groups:

  • Asset & Liability Management
  • Asset Management Group
  • Audit Operations
  • Bank Secrecy Act/Anti Money Laundering
  • Compliance
  • Corporate and Institutional Banking
  • Credit
  • Independent Risk Management
  • Information Technology
  • Retail Banking/Lending
  • Retail Issues Management/Customer Focus
  • Shared Services

If an associate has a specific interest in Information Technology, focus within this area is available which will allow additional exposure to a subset of teams within:

  • Applications
  • Cyber Security and Infrastructure
  • Fraud/Physical Security
  • Technology Issues Management
  • Data Analytics

The Asset & Liability Management (ALM) Group is also available for focus which will allow additional exposure within the following areas:

  • Capital Markets
  • Liquidity Coverage/Management
  • CCAR – Comprehensive Capital Analysis and Review

What to Expect During the Program

Dependent on rotation assignment, associates can expect to learn the basic audit methodology process - audit planning process, process control narrative construction, risk and control matrix creation, control testing and reporting.

Associates will also be exposed to facilitating client meetings, potential audit issue drafting and overseeing small projects.

The ability to work both independently and collaboratively with a team will be imperative for associates to be successful. To accurately complete audit tasks, associates must be able to actively listen and understand new topics and document audit processes or findings within narratives and workpapers.

What a Typical Day Looks Like

Work set will vary greatly between audit teams, however all program participants will receive training to introduce banking industry and Internal Audit concepts.

Internal Audit also requires auditors to complete 40 hours of continuing education a year.

The Audit department will sponsor the majority of these hours in the form of Audit Monthly updates, Standard Audit Program trainings, and the Internal Audit Training Super Day.

Associates can also expect to work on Audit Engagements with a team of auditors to ensure timely completion for the client within the line of business. This may include writing process control narratives to document client processes or documenting testing findings within a testing workpaper. Additionally, associates will work collaboratively with their team to analyze control testing or potential audit issues.

Lastly, associates will participate in developmental meetings with Program Management. These meetings are designed to discuss the associate’s developmental goals and progress towards professional certifications (CPA, CIA, CISA, etc.).

Career Opportunities

Based on business need and successful completion of the Internal Audit Development Program, graduates can expect to move through the typical auditor progression and fill an open Senior Auditor role within the department.

Program Duration

Up to



Available Locations


Preferred Areas of Study: Accounting or Finance

Desired Skills: Exceptional quantitative skills, including the ability to analyze data sets and apply financial/analytical theories. Ability to identify risks and controls and recommend solutions to mitigate gaps as necessary.  Also have a strong desire to work as a team player, are detail oriented, self-motivated, eager to learn, and able to thrive in a fast-paced environment, as well as outstanding written and verbal communication skills. 

Minimum Requirements: Bachelor’s Degree from a 4-year school or university, 3.0 GPA

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