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Internal Audit Manager

Recruiter
Taylor Root
Location
London, UK (Hybrid)
Salary
£85,000 - £100,000 per annum
Closing date
3 Oct 2024
Reference
PR/239847

Job Details


Empowering Informed Decision-Making

An award-winning international bank is expanding its Internal Audit function!

The Internal Audit team plays a critical role in safeguarding the organization's value by providing independent assurance, advice, and insights to the board and management. We achieve this through a risk-based approach aligned with industry best practices.

The Internal Audit Manager Responsibilities:

  • Lead and execute internal audits in accordance with the annual audit plan, employing a risk-based methodology consistent with IIA standards.
  • Prepare comprehensive, actionable audit reports for the Board Audit and Risk Assessment Committee (BARAC), including clear recommendations for management.
  • Build strong relationships with business units to gain valuable insights and enhance risk awareness.
  • Partner with the first and second lines of defense to strengthen control environments.
  • Develop deep expertise in specific risk areas to become a trusted advisor.
  • Contribute to the bank's overall risk assessment and integrate findings into the audit planning process.
  • Mentor and develop team members to elevate audit quality and standards.
  • Represent Internal Audit on bank committees, providing expert advice on control improvements while maintaining independence.
  • Foster a culture of improved risk management throughout the organization.
  • Track and monitor audit issues to ensure timely resolution.
  • Support the development of audit methodologies and reporting.
  • Undertake other duties as required by the bank.

Qualifications

Essential:

  • University degree with relevant auditing experience and a strong grasp of financial services best practices.
  • Proven knowledge of corporate, institutional, and private banking.
  • Proficiency in data analytics.

Desirable:

  • Professional auditing qualification or equivalent experience in financial services assurance.
  • Experience with African financial institutions.

Experience and Skills

  • Minimum 5 years of auditing experience in the financial services industry.
  • In-depth understanding of internal audit best practices and methodologies.
  • Subject matter expertise in a key risk or product area (e.g., regulation, technology, trade finance).
  • Advanced data analysis capabilities.
  • Strong interpersonal and communication skills with the ability to influence at all levels.
  • Results-oriented with excellent time management and teamwork abilities.
  • Proven ability to deliver clear and impactful presentations to senior audiences.


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Company

Established in 1989, Taylor Root is at the forefront of the legal, compliance & risk specialist search and recruitment industry. This longevity has enabled us to build an extensive network of both clients and candidates who trust us.

We have fine-tuned our processes and created strong methodologies which allow us to expertly respond to clients' needs.  Our standards and values mirror that of the people we service. We champion Diversity and Inclusion and our Social Purpose agenda creates opportunities via knowledge volunteering, inclusion and social mobility.

We believe our success will continue to come from investing in long-term relationships with our clients, some of the world’s leading businesses and law firms.

Company info
Telephone
+44 20 7415 2828
Location
5 Fleet Place
London
EC4M 7RD
United Kingdom

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