Interactive Brokers LLC ("IB") is a direct-access electronic trade execution and clearing broker for active traders, institutional investors, financial advisors and introducing brokers. The firm serves more than 400,000 customers in trading securities, commodities and foreign exchange in 23 currencies on over 100 market centers in 24 countries around the world. By building and operating highly automated systems in all aspects of its business IB is able to maintain a low cost base. For example, the firm employs fully automated real-time risk management systems that monitor and control customer positions in equities, options, futures and forex across multiple account types and currencies. The business is in a stage of rapid growth.
IB is registered as both a Broker-Dealer and a Futures Commission Merchant. IB is a subsidiary of the publicly traded Interactive Brokers Group, Inc., based in Greenwich, Connecticut (NASDAQ: IBKR). The Group's consolidated capital is in excess of $6.0 billion. In addition to electronic brokerage services, the Group's market maker companies trade in equities and exchange-listed equity derivative products around the world. Interactive Brokers Group, Inc. plays a leading role in trading and brokerage worldwide, executing, clearing, settling and accounting for an average of 1.3 million trades per day. The Group's options volume makes up approximately 6.5% of listed equity options worldwide.
Interactive Brokers has the following full-time job open-ing for a professional, motivated and technologically oriented candidate:
The Internal Auditor will perform Compliance, Financial, Operational and Information System audits for the purpose of determining the accuracy of financial records, effectiveness of prudent business practices, and compliance with policies, procedures, and regulations. In addition, this position will also assist in department's unclaimed property Compliance and a udit confirmation tasks.
Conduct audits to assess compliance with firm policies and regulatory requirements.
Design and run queries , mainly via Microsoft Access, to obtain data necessary for performing audits and other projects
Identify/implement automation opportunities to enhance compliance and efficiencies of the business as a whole.
Develop process knowledge and identify risk areas for assigned audit projects;
Keep abreast with various laws/regulations applicable for a global broker/dealer;
Support firm's unclaimed property compliance initiatives. This involves aiding firm's unclaimed property identification and reporting tasks to ensure compliance with global unclaimed property laws.
Develop specifications to automate the audit, unclaimed property and confirmation tasks , wherever possible.
Process audit confirmation requests for IB's clients and support continuous improvement of firm's Audit Confirmation Response system that is designed to automatically respond to confirmation requests.
Travel will be limited to less than 10%;
A college degree is essential. Desired majors include, but are not limited to, Finance, Accounting, or Information Systems. The desired candidate will have 1-4 years business experience preferably with exposure to auditing and/or programming. Candidate must be comfortable working in an automated hands-on environment. Ideal candidate would be inquisitive, quick learner, detail oriented, have good organizational skills, and capable of performing data analytical tasks. Good written and oral communication skills are also desired.