Internal Audit Director

1 week ago


United Kingdom Vanquis Bank Limited Full time

Senior Internal Audit Manager Credit, Models & Data Location: We are happy for you to be based in Bradford, Chatham,London or Petersfield but please note that occasional travel will be requiredto our other offices
Working Pattern: Our working style is hybrid,but we recognise the importance of collaborative working with our colleaguesoften 2 days per week in one of our offices
Discretionary annual bonus, 25 daysholiday up to 30 days (depending on service), pension scheme with matchedcompany contributions up to 10%, 2 paid days to give back, enhanced maternitypay (once successfully passing probation), 4 weeks paid paternity, LinkedInLearning for all, Snoop Premium, Private Medical Insurance
As a Senior Internal Audit Manager Credit, Models &Data you will be reporting to the Internal Audit Director. In this role, youwill add value, strengthen and safeguard Vanquis by providing independentobjective assurance to the Group through effective and timely delivery of theaudit plan, and quality assurance activity.
In your day-to-day role, as a Senior Internal AuditManager Credit, Models & Data, you will:
Audit Oversight:
Provision of coaching and oversight of audit delivery by Internal Audit Managers to time, cost, quality and scope
Review of audit files in line with the Audit Methodology, to ensure documentation is appropriate, conclusions are robust, and key issues have not been missed
Delivery of high-profile audit engagements to time, cost, quality and scope
Provide technical SME input in relation to: credit risk, models and data analytics, risk, strategy and other key areas as required.
Escalation of significant audit issues identified, or problems delivering an audit, to the Head of Internal Audit on a timely basis
Audit SLT Member:
Attendance at key business committees or governance forums relevant to the role, and as a delegate for the Head of Internal Audits where required.
When required, peer review a sample of audit files selected by the Chief Internal Auditor in line with the GIA methodology
Perform peer review activity in a collaborative manner with Internal Audit Managers
No significant control failings in areas previously audited
Audits completed in line with the agreed SLA outlined in the audit scope memo to support the timely delivery of the audit plan and the annual opinion.
Additional departmental KPIs include audit quality, data analytics use, CPD completion and community support.
Knowledge and experience of credit, models & data, and associated PRA regulations which may be demonstrated through understanding of some or all of :
IFRS 9 and Expected Credit Losses (ECL)
Data analytics technologies and practices, and associated coding languages
Strong risk awareness
Experience of reviewing audit files for quality and compliance with the Audit Methodology.
Experience of delivering end-to-end internal audits or change assurance, which adds value and focuses on achieving the strategic objectives.
Experience of writing clear and compelling audit reports.
As this role involves working within a regulated environmentany offer will be subject to satisfactory background checks including criminalrecord check, credit check, fraud check and employment references.
If you prefer to workpart-time, we'll make this happen whenever we can - whether this is to help youmeet other commitments or strike a great work-life balance. A fear of losingyour current working flexibility shouldn't hinder you from applying for newopportunities, which is why we aim to match your existing flexible workingarrangements where possible.



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