Chief Audit Officer
4 days ago
About the Chief Audit Officer role
Corporate Recruitment Solutions is seeking a seasoned Chief Audit Officer to join our client, a leading Challenger Bank. As a key member of the executive team, you will be responsible for leading the development and implementation of the internal audit strategy, ensuring the bank's risk management and governance practices are robust and effective.
Key Responsibilities
- Develop and implement the internal audit plan, ensuring alignment with the bank's risk management and governance objectives.
- Lead a team of internal audit professionals, providing guidance and oversight to ensure high-quality audit work.
- Collaborate with the bank's management and risk teams to identify and mitigate risks, ensuring the bank's risk management framework is effective.
- Provide assurance to the board and audit committee on the effectiveness of the bank's risk management and governance practices.
- Stay up-to-date with regulatory requirements and industry best practices, ensuring the bank's internal audit function is compliant and effective.
Reporting Lines
The Chief Audit Officer will report directly to the Chief Executive Officer, with a dotted line to the Chair of the Audit Committee.
Committee Responsibilities
- Board Audit Committee - Member
- Board Risk Committee - Member
- Executive Committee - Member
SMCR Responsibilities
The Chief Audit Officer will be responsible for ensuring the bank's internal audit function is compliant with the Senior Managers and Certification Regime (SMCR) requirements.
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