[Hiring] Internal Controls Associate @The Baldwin Group

Role Description

The Internal Controls Associate is responsible for supporting and enhancing the organization's overall internal control environment across business operations, technology platforms, financial reporting, information security, regulatory compliance, and risk management activities. This role evaluates the design and effectiveness of controls, documents key processes and procedures, maintains evidence to demonstrate control performance, and collaborates with business and technology teams to identify, assess, and mitigate risks.

The Internal Controls Associate assists with internal audits, operational reviews, control testing and/or execution, remediation efforts, and compliance initiatives related to applicable laws, regulations, industry standards, and contractual obligations. Responsibilities extend beyond any single regulatory framework and may include supporting compliance with:

• Sarbanes-Oxley (SOX)
• Privacy regulations
• Cybersecurity requirements
• Insurance industry regulations
• Other governance, risk, and compliance obligations

This position plays a key role in promoting a strong control culture by continuously assessing organizational risks, identifying control gaps, recommending improvements, and helping ensure that the company's overall control environment remains effective, sustainable, and aligned with business objectives, regulatory requirements, and industry best practices.

Qualifications

• Bachelor’s degree in accounting, Finance or Tech preferred
• 1-2 years of experience in internal controls, external or internal audit positions
• Big four or banking experience is a plus
• Demonstrated ability to consistently deliver on commitments and manage competing priorities
• Strong organizational, planning, and project management skills
• Sound professional judgment and risk-based decision-making capabilities
• Exceptional attention to detail and analytical thinking
• Strong written and verbal communication skills
• Ability to work independently with minimal supervision
• Demonstrated accountability, ownership, and follow-through
• Strong listening skills and openness to coaching and feedback
• Ability to quickly learn new systems, regulations, and business processes
• Proven ability to build effective working relationships and influence stakeholders
• Must demonstrate the organization’s core values, exuding behavior aligned with the firm’s culture

Requirements

• Assist in the design, implementation, maintenance, and continuous improvement of the organization's internal control framework
• Document and maintain policies, procedures, process flows, risk and control matrices (RCMs), and control narratives in alignment with COSO principles
• Ensure controls are appropriately designed to mitigate identified business, operational, financial, compliance, and technology risks
• Perform periodic risk assessments across business and technology functions
• Identify control gaps, emerging risks, and process inefficiencies
• Develop and recommend risk mitigation strategies and control enhancements
• Support enterprise risk management and compliance initiatives
• Develop and execute control testing procedures to evaluate control design and operating effectiveness
• Analyze testing results, identify deficiencies, and track remediation activities
• Maintain evidence supporting control execution and effectiveness
• Monitor key controls through continuous auditing and data analytics techniques where applicable
• Support compliance with applicable regulations, standards, and contractual obligations
• Serve as a primary liaison for Internal Audit and external auditors
• Coordinate audit requests and facilitate walkthroughs, interviews, and evidence collection
• Respond to audit inquiries and support remediation efforts
• Track audit findings and ensure corrective actions are implemented timely
• Evaluate operational processes to identify risks, inefficiencies, and control weaknesses
• Conduct special reviews and investigations relating to control failures, incidents, or identified concerns
• Prepare clear, concise, and audit-ready reports summarizing risks, control effectiveness, and recommendations
• Communicate findings and corrective action plans to business and technology leadership
• Escalate significant issues and emerging risks appropriately
• Present control-related information to management committees and stakeholders
• Identify opportunities to enhance operational efficiency, governance, and compliance processes
• Assist in developing metrics, dashboards, and reporting to monitor control effectiveness
• Promote a culture of accountability, risk awareness, and strong internal controls throughout the organization
• Stay informed on regulatory changes, emerging risks, and industry best practices affecting the insurance sector
• Support control, audit, risk management, governance, compliance, and operational initiatives as assigned by Internal Controls leadership
• Perform additional control-related activities necessary to maintain an effective enterprise-wide control environment

Benefits

• Fast-paced, multi-tasking and agile environment
• Must be able to interact effectively with various levels of management both inside and outside the organization