Audit Associate - Operations

Job Description

Job Title: Audit Associate - Operations

Location: London

Role Summary

The role is expected to provide core coverage to Middle and Backoffice operations of Cantor Affiliated Companies. In this capacity, auditors would be expected to understand Operations activities of multiple types of Investment Banking and Wholesale Dealing businesses. The auditor will be responsible for executing business, regulatory, compliance, and operational audits in line with the Internal Audit (IA) Plan. The candidate will contribute to the annual risk assessment process, support department initiatives, and participate in special projects. Responsibilities include developing and executing audit test plans, documenting findings, and working with key stakeholders to address identified issues. The role requires strong analytical skills, attention to detail, and the ability to communicate audit observations effectively.

The Manager is expected to participate in audits involving Cantor Fitzgerald Group of Companies, and as part of the global Internal Audit team covering the Group, the individual might be exposed to engagements involving any of the following businesses: Cantor Fitzgerald, a global investment bank that provides fixed income, equity capital markets, prime, asset management, advisory and investment banking products, services, and technology solutions; BGC Group Inc (NASDAQ: BGC), a leading global marketplace, data, and financial technology and services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange; Newmark Group Inc (NASDAQ: NMRK), which provides commercial real estate, brokerage, advisory, property management, valuation, leasing, technology and other financial and real estate-related services to large institutional investors, global corporations, and other owners and occupiers.

Major Responsibilities:

• Perform risk-based audit work, including walkthrough meetings, process reviews, and control testing.
• Execute detailed testing to assess the operating effectiveness of key controls and validate audit findings.
• Document audit work thoroughly, ensuring accuracy and completeness of audit files.
• Assist in drafting audit reports that summarize risks, findings, and recommendations in a clear and concise manner.
• Work closely with management to confirm observations and agree on remediation plans.
• Ensure timely execution of assigned audits while maintaining high-quality work standards.
• Support senior auditors and management by providing insights and recommendations on improving business processes.
• Participate in special projects and initiatives as needed.

• Collaborate with internal teams and stakeholders to facilitate audit processes.
• Engage with senior management and audit committees to present findings and recommendations.
• Build and maintain relationships with external auditors and regulatory bodies as necessary.