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Internal Audit Trainee Jobs in Delaware (NOW HIRING)

Internal Audit Trainee information

See Delaware salary details

$61.1K

$115.3K

$151.6K

How much do internal audit trainee jobs pay per year?

As of Sep 6, 2026, the average yearly pay for internal audit trainee in Delaware is $115,297.00, according to ZipRecruiter salary data. Most workers in this role earn between $101,100.00 and $134,100.00 per year, depending on experience, location, and employer.

What is an internal audit trainee?

Internal Audit Trainees are entry-level professionals who assist internal audit teams in evaluating and improving an organization's internal controls, risk management, and governance processes. They typically support senior auditors in conducting audits, analyzing financial and operational data, and preparing reports. This role provides hands-on experience and training in auditing standards, techniques, and regulatory requirements, serving as a stepping stone toward becoming a certified internal auditor or advancing to higher audit roles.

What are the key skills and qualifications needed to thrive as an internal audit trainee?

To thrive as an Internal Audit Trainee, you need a solid understanding of accounting principles, risk assessment, and internal control frameworks, typically supported by a degree in accounting, finance, or a related field. Familiarity with audit software (such as ACL or IDEA), Microsoft Excel, and progress toward certifications like CIA or ACCA is often expected. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for interpreting data and presenting findings. These competencies ensure accurate audits, support regulatory compliance, and add value to organizational processes.

What are some common challenges an internal audit trainee might face during their first year, and how can they overcome them?

As an Internal Audit Trainee, you may encounter challenges such as quickly adapting to complex organizational processes, understanding diverse regulatory requirements, and learning to communicate audit findings effectively. Navigating different departments and working with various stakeholders can also be demanding. To overcome these challenges, proactively seek guidance from mentors, make use of available training resources, and actively participate in team meetings to build your knowledge and confidence. Emphasizing continuous learning and open communication will help you succeed in this dynamic environment.

What is the difference between Internal Audit Trainee vs Internal Auditor?

AspectInternal Audit TraineeInternal Auditor
QualificationsTypically pursuing or recently completed a degree in accounting, finance, or related fields; may have certifications like CPA or CIA in progressPossesses relevant certifications (e.g., CPA, CIA); more experienced in auditing practices
Work EnvironmentEntry-level position, often in training or mentorship programs within organizations or audit firmsPerforms independent audits, reviews, and assessments within organizations
ResponsibilitiesAssisting in audit tasks, learning audit procedures, supporting senior auditorsPlanning, executing, and reporting on audits; evaluating internal controls

In summary, an Internal Audit Trainee is an entry-level role focused on learning and supporting audit activities, while an Internal Auditor is a more experienced professional responsible for conducting audits independently.

How much does an internal audit trainee make?

An internal audit trainee typically earns between $40,000 and $60,000 annually, depending on the location, company size, and level of education. Entry-level positions may start lower, while those with relevant certifications or internships can earn higher salaries. Compensation often includes benefits such as training, mentorship, and opportunities for certification like CPA or CIA.

How to become an internal audit trainee with no experience?

Internal audit trainee positions often require a basic understanding of accounting, finance, or business principles, which can be gained through relevant coursework or certifications like the CPA or CIA. Gaining practical skills in Excel, data analysis, and understanding internal controls can improve your chances, and applying for entry-level roles or internships can provide valuable experience to start your career.

What are the most commonly searched types of Internal Audit jobs in Delaware?

The most popular types of Internal Audit jobs in Delaware are:

What cities in Delaware are hiring for Internal Audit Trainee jobs?

Cities in Delaware with the most Internal Audit Trainee job openings:

Internal Audit - Auditor - Consumer and Business Banking

M&T Bank

Wilmington, DE • On-site

$68K - $114K/yr

Full-time

Re-posted 6 days ago


M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

78th of 175 rated banks


Job description

THIS ROLE WILL BE ONSITE 4 DAYS/WEEK (1 DAY REMOTE) OUT OF: BUFFALO NY, WILMINGTON DE, BRIDGEPORT CT, or IESLIN, NJ. MUST BE WITHIN A COMMUTABLE DISTANCE OR WILLING TO RELOCATE.
Overview:
  • Participates in all phases of the audits across their assigned projects. Assists in completion of annual risk assessments, continuous auditing, and remediation plan validations as assigned, under supervision of a Lead Auditor or Manager.
Primary Responsibilities:
  • Participate in audits by executing assigned tasks in accordance with the Division's methodology and professional standards. Complete work within the established timeframes with guidance by a Lead Auditor or Manager.
  • As part of audit execution, conduct effective walkthroughs, accurately identify risks and controls within the process, design and execute effective testing approach with guidance by a Lead Auditor or Manager.
  • Conduct effective root cause analysis of identified findings with guidance by a Lead Auditor or Manager.
  • Actively participate in meetings with business management and provide updates on their respective areas of testing.
  • Participate in other assurance activities (including continuous auditing, product delivery assessments, validation procedures, investigations, and retrospective reviews) under the supervision of a Lead Auditor or Manager, utilizing modernized assurance methodologies, tools, and approaches and in accordance with the Division's methodology.
  • Document the work, including findings, in clear and concise fashion in accordance with the Division's methodology.
  • Embrace innovative change.
  • Understand how to effectively incorporate data analytics.
  • Actively seek out knowledge in the areas of assigned audit activities.
  • Embrace the culture of engagement and belonging .
  • Understand and adhere to the Company's risk and regulatory standards, policies, and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Scope of Responsibilities:
  • This individual is responsible for executing and documenting assigned assurance activities to support the delivery of audit reports that are in conformance with professional auditing standards. They report to an Audit (Senior) Manager.

Supervisory/Managerial Responsibilities:
  • Not Applicable

Education and Experience Required:
  • Bachelor's degree and a minimum of 2 years' work experience or successful completion of the MDP (Management Trainee program), or in lieu of degree, a combined minimum of 6 years' higher education and/or work experience, including a minimum of 2 years' work experience or successful completion of the MDP (Management Trainee program)
  • Proven analytical skills
  • Proven critical thinking skills
  • Effective verbal and written communication skills
  • Willingness to challenge the status quo and defend conclusions when challenged

Education and Experience Preferred:
  • Bachelor's degree in Accounting, Business, Finance, Technology, Cybersecurity, Mathematics, Statistics, or other related technical field
  • MBA or Master's degree in an appropriate field
  • Related professional certifications
  • Financial services experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $68,400.00 - $114,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Wilmington, Delaware, United States of America

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