Internal Audit Manager – Banking

  • Location
    City of London, London
  • Contract Type
    Permanent
  • Posted
  • Start Date
    ASAP
  • Salary
    £85000 - £95000 per annum
  • Expiry Date
    2024-12-31

Empowering Informed Decision-Making

An award-winning international bank is expanding its Internal Audit function!

The Internal Audit team plays a critical role in safeguarding the organisation’s value by providing independent assurance, advice, and insights to the board and management. We achieve this through a risk-based approach aligned with industry best practices.

The Internal Audit Manager Responsibilities:

* Lead and execute internal audits in accordance with the annual audit plan, employing a risk-based methodology consistent with IIA standards.

* Prepare comprehensive, actionable audit reports for the Board Audit and Risk Assessment Committee (BARAC), including clear recommendations for management.

* Build strong relationships with business units to gain valuable insights and enhance risk awareness.

* Partner with the first and second lines of defense to strengthen control environments.

* Develop deep expertise in specific risk areas to become a trusted advisor.

* Contribute to the bank’s overall risk assessment and integrate findings into the audit planning process.

* Mentor and develop team members to elevate audit quality and standards.

* Represent Internal Audit on bank committees, providing expert advice on control improvements while maintaining independence.

* Foster a culture of improved risk management throughout the organisation.

* Track and monitor audit issues to ensure timely resolution.

* Support the development of audit methodologies and reporting.

* Undertake other duties as required by the bank.

Qualifications

Essential:

* University degree with relevant auditing experience and a strong grasp of financial services best practices.

* Proven knowledge of corporate, institutional, and private banking.

* Proficiency in data analytics.

Desirable:

* Professional auditing qualification or equivalent experience in financial services assurance.

* Experience with African financial institutions.

Experience and Skills

* Minimum 8 years of auditing experience in the financial services industry.

* In-depth understanding of internal audit best practices and methodologies.

* Subject matter expertise in a key risk or product area (e.g., regulation, technology, trade finance).

* Advanced data analysis capabilities.

* Strong interpersonal and communication skills with the ability to influence at all levels.

* Results-oriented with excellent time management and teamwork abilities.

* Proven ability to deliver clear and impactful presentations to senior audiences.


Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.

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