Head of Internal Audit
2 days ago
We are seeking an experienced Head of Internal Audit to join our client, a fast-growing challenger bank in the UK market. As a key member of the leadership team, you will be responsible for providing independent, objective assurance to evaluate and improve the effectiveness of risk management, control, and governance processes within the bank.
Key Responsibilities- Develop and implement a risk-based audit plan to ensure the bank's risk management and control framework is effective and efficient.
- Provide periodic opinions on the overall effectiveness of the governance, culture, and risk and control framework across the bank.
- Issue regular reports to the Board Audit Committee and other relevant boards and committees regarding progress of the plan and budget, emerging risks, and trends.
- Ensure the adequacy of resource levels, knowledge, and experience within the Internal Audit function to support the delivery of effective and independent assurance.
- Develop and utilize a robust audit methodology that meets the requirements of the Institute of Internal Audit Standards and good practice.
- Provide leadership to the Internal Audit function in line with the bank's vision, strategy, policies, regulations, and values and behaviors.
- Support management across the bank in improving the effectiveness of governance, risk management, and internal controls.
- Inspire and engage others through role modeling the corporate values and behaviors across and beyond own area of responsibility and challenging examples of unacceptable behavior.
- Ensure that people management practices are implemented in accordance with the bank's people management policies, procedures, and culture.
- Develop and deliver the Internal Audit Strategy and Vision.
- At least 10 years' experience in a senior role within Financial Services (Audit/Risk/Governance).
- Good knowledge of internal auditing, the IIA standards (mandatory for bank auditing), and experience in delivering audit programs and working with management and Board Audit Committee on how much auditing to do and effective closure of audit findings.
- Aligns with the strategies, objectives, and risks of the organization.
- Demonstrates quality and continuous improvement.
- Provides risk-based assurance.
- ACMA or ACCA qualified.
- Opportunity to help shape things as they grow.
- Excellent salary and benefits package.
- Working with a top-quality team who are reputable across the industry.
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