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Internal Audit Intern

Internal Audit Intern

Cboe Global MarketsChicago, IL, US
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Internship Opportunity

Building trusted markets powered by our people.

At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.

Cboe interns work with a variety of staff across multiple departments and have the opportunity to put their skills to work in their field of interest, while learning about Exchange technology and operations through our robust Options Institute courses.

The three main foundational pillars of our internship program are : develop, educate and network. We want to ensure each of our interns receive a real-world working experience that encourages academic, professional and personal growth.

The Internal Audit team is hiring an Internal Audit intern.

The Internal Audit intern at Cboe will support the audit team in evaluating and improving the organization's internal controls, risk management, and compliance processes. Your work may include participating in audit planning, conducting interviews, analyzing financial and operational data, and documenting findings. You'll gain exposure to industry regulations and best practices while collaborating with experienced auditors to ensure the company's operations run smoothly and efficiently. This internship offers a firsthand look at how businesses safeguard their integrity and continuously enhance their procedures.

Your responsibilities and learning objectives will be :

  • Develop working understanding of the internal audit process including assisting with the upfront project planning, including the definition of audit scope, audit objectives, and other project planning considerations.
  • Assist in the development of an audit testing work program, aligned with the key risks identified during initial planning stages.
  • Shadow experienced auditors during walkthroughs to understand business processes, document workflows, and identify key internal controls.
  • Execute audit test procedures under supervision to verify the effectiveness of controls, document results, and communicate findings to the audit team.
  • Collaborate with audit team members and interact with stakeholders across departments, honing interpersonal and professional communication skills.
  • Demonstrate an ongoing curiosity of Cboe's business environment including operations, regulation, technology, and financial risks and seek out training opportunities to maintain skills.
  • Collect, review, and interpret financial records, transactional data, and operational reports to identify trends, variances, and potential control weaknesses.
  • Prepare clear, concise workpapers summarizing audit steps, results, and recommendations.
  • Build foundational knowledge of industry-specific regulations, compliance requirements, and audit standards (such as SOX, COSO, or IIA guidelines) relevant to the organization.

The ideal candidate :

  • Is pursuing a Bachelor's or Master's program in Accounting, Computer Science, Internal Audit or related field(s) and should not be scheduled to graduate before December of the year in which the internship takes place.
  • Demonstrates strong analytical, problem-solving, and communication skills, with attention to detail and the ability to work collaboratively in a team environment.
  • Shows eagerness to learn about risk assessment, internal controls, and industry regulations, while bringing curiosity and integrity to the audit process.
  • You'll really stand out with :

  • Completed classes related to risk management, accounting and auditing, financial services or data analytics.
  • Prior internship experience in risk management, accounting and auditing, financial services or data analytics.
  • Benefits and Perks :

  • Competitive compensation.
  • Flexible, hybrid work environment, 3 days in office, 2 days remote, per week.
  • 2 : 1 401(k) match, up to 8% match immediately upon hire.
  • Some of our employees' favorite benefits and perks include :

  • Daily complimentary in-office lunch from local restaurants
  • Endless free coffee and snacks to fuel your workday
  • Monthly in office networking events and happy hours
  • Associate Resource Groups (ARGs) and affinity groups for support and community building
  • More About Cboe Global Markets :

    We're reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We're investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging.

    We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We're an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.

    Equal Employment Opportunity

    We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.

    Our pay range for interns is determined by function and education level. The national new hire base pay range for this job in the United States is $25.00 - $36.00 per hour. This range represents the minimum and maximum base pay target for new hires working in the position full time. Within the range, individual pay is determined by years of education completed. In addition to base pay, eligibility for our total rewards program may include benefits such as 401(k) with a generous company match and paid sick time. Your recruiter will provide more details about the total compensation package during the hiring process.

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