Auditor

**Short Description**

To recommend and promote practical and cost-effective actions for improving the effectiveness of the risk management process and internal control environment.

**Job Details**:
Risk Management
- To recommend and promote practical and cost-effective actions for improving the effectiveness of the risk management process and internal control environment.
- Evaluate the effectiveness and contribute to the improvement of risk management processes and evaluate the potential for the occurrence of fraud and manage fraud risk.
- Follow up on previously reported issues to ensure that corrective action has been taken.
- Supporting the IA Senior Manager ensure that all aspects of Group Audit methodology are complied with in full for all audit activity.
- Make appropriate recommendations for improving the governance structures and processes.

Regulatory Compliance & Reporting
- Preparation and delivery of monthly and quarterly reporting.
- Contribute to the preparation and coordination of Audit Committee packs as required.
- Continually review and build awareness of legislation, standards, guidelines, control mechanisms and governance rules to maintain business compliance and reduce risk.
- Ensuring that Internal Audit departmental reporting to all stakeholders (Senior Management and Board of Directors) is complete, accurate and timely.

Audit Execution & Closure
- Ensure that key risks and appropriate design of control and operational effectiveness testing are identified.
- Developing detailed test plans to assess the operating and design effectiveness of the control environment.
- Carrying out detailed testing of the control environment.
- Drafting and presenting reports on the results of audit testing.
- Walking through and process mapping relevant business process workflows with local management.
- Delivering scheduled assignments, at times individually and at times as part of a larger engagement team in accordance with the Internal Audit plan.
- Presenting findings to local management and, where appropriate, negotiating changes to existing procedures.
- Audit assignments are completed within scope and budget.
- Appropriate communication is maintained with the Head of Internal Audit throughout the audit process.
- Provide management with valuable recommendations and insights to strengthen the control environment.
- Assist with the audit issue closure process, effectively communicating to stakeholders.

Integrity, Ethics & Adaptability
- Develop strong senior management and stakeholder relationships.
- Willingness to respond and demonstrate personal flexibility.
- Possess an adaptive skillset to conduct special investigations at short notice with independence, objectivity and credibility with Management.
- Be task orientated and have the ability and mind-set to quickly switch between tasks and audit engagements with ease without jeopardising the delivery of the Internal Audit department objectives and deliverables.
- Perform ad-hoc projects as director by the IA Senior Manager

**Salary**: £38,000.00-£46,000.00 per year

**Benefits**:

- Company pension
- Free parking
- Life insurance
- On-site parking
- Sick pay

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus scheme

Application question(s):

- Are you willing to relocate to the Isle of Man on a permanent basis?
- Do you need visa?