Head of Internal Audit

The Head of Internal Audit will develop and execute an internal audit strategy for the Bank's London Branch that aligns with the Bank's overall risk appetite and strategic objectives;

· Promote a strong internal control culture across the London bank.

· Take responsibility for the Internal Audit processes and procedures.

· Produce an annual internal audit plan for discussion with the Bank CEO before submitting the plan to Head Office for approval prior to implementation.

· Undertake internal audit reviews and prepare audit reports to include recommendations, where appropriate; comments from Head of Department will be sought for and documented prior to the submission to Head Office Internal Audit as a Final Audit Report.

· Provide independent assurance over financial reporting, regulatory compliance, operational effectiveness, IT controls, etc.

· Maintain open and effective communication with regulators, external auditors, and other assurance functions.

· Coordinate with second-line functions to ensure comprehensive coverage of key risks, emerging risks, regulatory developments, and industry trends to proactively adjust the audit approach.

· Act as the key point of contact for internal audit matters.

· Undertake any special investigatory reports as necessary.