Thoughts on internal audit at a BB?
What are people's thoughts on entering an internal audit role at a BB? Is it really an area where you don't learn much and can't transition into another division? Any advice would be extremely helpful.
Internal audit is where dreams go to die.
Thanks for the childish behavior and the encouragement.
Enjoy being a back office loser.
I wouldn't say so much that you won't be able to transfer, but rather that it's an extremely niche role (similar to compliance, treasury, among others) . The defined skillset that you get in Internal Audit is generally useful moving from company to company, but I imagine you will likely be recruited for similar roles.
The nature of the work based on my conversations with a few colleagues is that it's not materially different from the audit engagements you see at Big 4 or a normal company. As long as you enjoy the work, I think it's a worthwhile opportunity.
Thanks for the help. I'm just worried that I won't learn too much within the role because unfortunately, it's not exactly my ideal choice.
Think about it in terms of where you want to be in five years? If you're still in Internal Audit after five years will you be happy, or would you like to be doing something else? Ether way is fine, just don't take it thinking it's the easy road to something non-audit.
If you're looking at it as getting your foot in the door at a BB and then able to transition, that may be a mistake. I always say never take a position for something you don't want on the "promise" you can transition later. Not saying it can't happen, but BO at JPM/MS/GS doesn't get you that much closer to FO at JPM/MS/GS.
A good example is if your the accountant for the Yankees. It's impressive to tell people you work for the Yankees, and most people won't question it further. But don't be that person who thinks they can be the Yankees accountant for a year and then move to shortstop.
Thanks, that is extremely helpful!
Internal Audit at BB or nothing? (Originally Posted: 09/15/2016)
deletedBaruch isn't anywhere close to becoming a target
deleted
Perferendis qui consequatur sit magni illum quasi. Perspiciatis officia quod sapiente illum. Quas sint optio cum nihil aperiam occaecati.
Et voluptatem adipisci voluptatum est delectus commodi culpa. Aperiam ipsam dolores quam dolore. Illum et fugiat sit est. Voluptate hic quidem excepturi molestiae. Qui nihil quo ad soluta. Aut quia inventore accusantium doloribus beatae itaque modi.
Ut nobis libero velit veniam consequuntur voluptatum laborum beatae. Nihil ea maxime explicabo id. Alias voluptatem ad ut maxime dicta dolorem qui.
Nemo accusamus sit id accusantium. Numquam sint illo aut dolores illo sit. Dolores expedita consequatur vel culpa rem exercitationem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...