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Head of Internal Audit

4 months ago

City of London Greater London, United Kingdom Page Executive Full time

About Our Client

A leading Insurance provider

Job Description

  • Hold the SMF 5 and manage the audit function

  • Leverage up-to-date knowledge of regulatory change and business acumen to evaluate key business risks and expected controls by determining control improvements within the business, with due consideration to risk appetite and residual risk

  • Develop and implement a comprehensive, risk-based audit plan leveraging their understanding of external and internal perspectives on the business area's risk profile

  • Effectively communicate audit findings and recommendations to our Executive Committee and their teams, the Audit Committee and other stakeholders (including regulators) through timely reports and other output that is commercially focused and relevant to the achievement of the Group's objectives.

  • Actively participate in key executive and governance forums related to the aligned business areas by offering challenge and insight as required.

  • Drive the overall strategic development of the Internal Audit function and development of our team (currently 5 members)

The Successful Applicant

  • A deep understanding of audit methodologies, risk assessment, control evaluation, and regulatory compliance is crucial for ensuring the quality and effectiveness of audit processes.

  • Experience working in a FCA regulated environment -ideally held the SMF 5 previously

  • Ability to build and maintain strong relationships with not only senior leaders and board members but across the Group.

  • Experience in driving and managing change. This includes implementing continuous improvement initiatives, adapting audit processes to evolving risks, and championing a culture of innovation and efficiency within the audit function.

What's on Offer

competitive package, great brand name, good team culture.

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