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Audit Manager70K Banking - City, London, United Kingdom, EC1A2


Audit Manager(ACA or IIA qualified preferred)

Working for a Private/Commercial Bank based in the City of London. They also have offices in the West End. This role will not be managing a team straight away, but will have the potential in the future.

Reports to: Head of Internal Audit

Objective: Assist the Head of Internal Audit to implement the risk-based audit strategy across all branches and operational units of the Bank.

The bank's preference is for an ACA or IIA qualified auditor, a couple of years post qualification from either a practice, or from a bank/financial services internal audit background. Specialist audit skills are welcome: IT Audit (not strictly required); Regulatory Reporting; Financial Crime; Liquidity and Capital Management.

Roles & Responsibilities:

  • Update and implement, in coordination with the Head of Internal Audit, the existing risk-based audit strategy for all the functions across the bank;
  • Developing and implementing, in coordination with the Head of Internal Audit, a programme of audits and ensuring that all risk areas are audited commensurate with their risk profile in order to ensure compliance to relevant statues and regulations;
  • Reviewing internal controls in all functions of the Bank; highlighting the appropriate generic and specific risks and providing recommendations for improving the control culture both informally and formally to the function and through formally documented reports to senior management;
  • Continue to raise the profile of risk management through implementation of the controlled risk self-assessments;
  • Providing recommendation for improving the control culture through dissemination of generic risks for appropriate action;
  • Manage an effective audit follow up process to ensure identified risks are addressed within the agreed timescale;
  • Undertaking special investigations as required and/or requested by the management;
  • Undertake evaluations of the viability and implementation of new projects and business

Developments as they arise;

  • Update and monitor the risk assessment system;
  • Liaising with external auditors to optimise the contribution of internal audit;
  • Provide guidance and assist to the junior members of the team in order to ensure they achieve their personal development targets;
  • Ensuring compliance with Conduct Risk Management Framework (CRMF) and escalating any conduct risk related matters to their respective business head;
  • Need to deputise for Head of Internal Audit in his/her absence; and
  • Any other assignment entrusted by the Head of Internal Audit.

Committees: Participation by invitation in any of the committee as observer

Salary/Package: 60-70k per annum. Plus Private Medical Insurance, Discretionary bonus, 25 days holiday(plus 8 bank holidays)

If interested please get in touch ASAP. Interview will be taking place this week.

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