Internal Auditor – Banking

  • Location
    City of London, London
  • Contract Type
    Permanent
  • Posted
  • Start Date
    ASAP
  • Industry
    Asset management
  • Salary
    Up to £60000 per annum
  • Expiry Date
    2024-12-05

Empowering Informed Decision-Making

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

Internal Audit team plays a critical role in safeguarding the organisation’s success. As an Internal Auditor, you’ll be a trusted advisor, providing independent, risk-based insights to empower the Board and management to make informed decisions.

What You’ll Do:

  • Conduct and contribute to internal audit reviews, aligned with best practices and the annual audit plan.
  • Develop clear, actionable audit reports with management-approved action plans, presented to the Board Audit and Risk Assessment Committee (BARAC).
  • Foster strong relationships with business stakeholders at all levels, enhancing their risk awareness.
  • Collaborate with first and second-line defense teams to identify and mitigate risks.
  • Become a subject matter expert in one or more key risk areas, leveraging your expertise to refine audit approaches.
  • Contribute to risk assessments, integrating insights with audit planning processes.
  • Mentor and develop team members, upholding high-quality standards.
  • Represent Internal Audit on relevant committees, potentially providing control enhancement advice (while maintaining independence).
  • Champion a culture of robust risk management across the bank.
  • Track and report on open audit issues, ensuring resolution.
  • Support the development of audit methodologies aligned with IIA (Institute of Internal Auditors) guidance.
  • Contribute to effective communication and reporting practices for stakeholders.
  • Take on other responsibilities assigned by the Bank.

Who You Are:

  • A university graduate with auditing experience and a strong understanding of current best practices in financial services.
  • (Advantageous) Knowledge of Corporate, Institutional, and Private Banking.
  • Proficient in data analysis techniques.
  • (Ideally) A professional auditing qualification or experience in financial services assurance.
  • (Advantageous) Knowledge/experience with African financial institutions.
  • Several years of compliance experience within financial services.

Your Skills:

  • Technical: Strong understanding of Internal Audit best practices, subject matter expertise in a key risk area (e.g., regulation, technology, trade finance), and data analysis proficiency.
  • Interpersonal: Proactive, results-oriented, and adept at managing time and teams. Excellent communication skills (written and oral) with experience reporting to senior management and building strong business relationships.

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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