Our client is a global corporate and investment banking group who have been well-managed over the last 15 years, achieving growth while offering a stable environment for its clients and employees. The audit function is now recruiting for an Assistant Manager for their Internal Audit function and are ideally looking for a fully-qualified candidate (ACA/CIA/IIA/ACCA/CPA/CA) with experience from the banking, financial services or asset management sector. The role would offer variety of audit coverage, good work-life balance, excellent career development opportunities, a nice team and positive working environment. The team and most of the office is currently working remotely/from home
- Relevant professional qualification (e.g. ACA, CIA, IIA, ACCA, CPA, CA or a degree)
- Banking audit experience (can be from Retail, Private, Corporate or Investment banking) with credit, trade services/finance or financial markets experience an advantage. Candidates can also bring wider Financial Services or Asset Management sector experience
- Excellent influencing and stakeholder management skills with the ability to clearly communicate to management both verbally and in writing
- Candidates must bring a min. of 18 - 24 months of internal audit experience from industry
This role exists to support the delivery and independent view and assurance over the control environment in operation across EMEA business entities. It undertakes audit testing across a range of activities to support the delivery of audit opinions.
The Assistant Audit Manager is primarily accountable and responsible for the timely delivery of internal audit fieldwork. This includes:
- Preparing internal audit working papers in accordance with the Policies and Procedures of Audit Department as documented with the Audit Manual.
- Documenting sampling methodology within the working papers and performing testing of the key controls identified.
- Preparing draft Audit Control Recommendations for review by the Auditor in Charge.
- Responding to working paper review points raised by the Auditor in Charge.
- When acting as AIC this also includes:
- Preparing planning material to ensure that the internal controls covering the key risks are appropriately tested in order to provide reasonable assurance to the Board, Group Management, Entity Management and other stakeholders, including regulators that an effective internal control environment exists.
- Preparing draft Audit Control Recommendations for review by AD Management. The ACRs must be factually accurate and clearly communicate the findings and recommendations. The Assistant Audit Manager must clearly communicate the issues to AD Management and then to Business Management. In doing so, the Assistant Audit Manager may experience some significant challenge and must therefore be resilient and articulate in their presentation of the issues and call on the support of the relevant Audit Partner.
- Preparing the final internal audit report. The report must clearly communicate areas of positive assurance as well as areas where improvement in the internal control environment is required.
Undertaking follow-up and closure of internal audit recommendations. This process requires the validation of action taken by line management for the closure of all High and Moderate Priority recommendations and the provision of assistant and guidance to Management.