Senior Internal Audit Manager - Financial Services

West Midlands Permanent £70,000 - £85,000 per year
  • Exciting and rare opportunity to join the audit leadership team
  • Global financial services business with excellent benefits

About Our Client

Global financial services business offering a wide range of products and services

Job Description

  • You will conduct annual risk assessment and half year refresh, across areas of the audit landscape agreed with the Audit Director and collaborate with the Audit Director in development and updating of the annual audit plan for those areas.
  • You will execute the risk-based audit plan as allocated by the Audit Director on time and to agreed budgets.
  • Manage the workload of assigned audit resources in collaboration with other Senior Audit Managers where applicable. Monitor the quality of audit files to ensure all audit work complies with audit methodology and standards. Constructively engage with external parties.
  • You will identify where technology such as data analytics, process mining or machine learning can be used to improve the insight and or efficiency from audit work and plan and lead the execution of this work where applicable, with the support of our data analytics team.
  • You will communicate audit results to responsible management and agree commercially viable audit recommendations and business actions to address areas of risk and failures in the control framework. Challenge management to agree ambitious but achievable issue closure dates and actively track agreed actions to completion with strong focus on timely resolution of risks.
  • You will develop and execute a liaison plan with key internal and external stakeholders, to communicate relevant audit results, maintain focus on issue closure and ensure business plans, initiatives and emerging risks are incorporated within risk assessment and audit plans where appropriate.
  • You will monitor and anticipate regulatory and business change using divisional audit watch lists, assess the potential impact and propose exceptional audits/ other assurance responses as required.
  • You will provide input and commentary for the Group Audit Committee, Executive Management, relevant business division Boards and Risk & Compliance Committees, on assurance provided, significant areas of concern, and the remedial actions required to mitigate risk to the Group.
  • You will actively assist the Audit Director in the administration of the divisional team.
  • You will support development of junior team members through coaching within audits and constructive feedback.
  • You will ensure that the principles of treating consumers fairly are embedded into management practices, so that identified risks recognise relevant consumer outcomes, and business processes and internal controls are structured and performed in a way that effectively delivers the required consumer outcomes.

The Successful Applicant

  • Professional qualification (CIIA, ACA, ICAS, ACCA).
  • Internal Audit Standards, Financial Services Code and broader principles and practices.
  • Risk management principles and practices including Conduct and Prudential regulation.
  • Corporate Governance practices and frameworks.
  • Extensive experience supporting the overall capabilities of the divisional audit team (e.g. managing internal audit and assurance delivery within a financial services context).
  • Experience demonstrating strategic asset management thinking and plan delivery (both individually and as part of a team).
  • Experience in change/innovation.
  • Directing and delivering a programme of audits, leading technical or complex reviews and providing overall quality control.
  • Experience of advising Senior Internal Auditors on audit delivery.
  • Experience of coaching and development of Internal Audit Managers.

What's on Offer

  • £70,000 - £85,000 basic salary (dependant on experience)
  • Car allowance
  • Bonus
  • Discount on products and services
  • Excellent benefits
  • Opportunity to travel
Matt Taylor
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Job summary

Job function
Internal Audit
Financial Services
West Midlands
Contract type
Consultant name
Matt Taylor
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