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It is essential for all applicants to have worked in Internal Audit for a UK based Bank previously. Candidates with this experience can only be considered. Unfortunately, our client cannot provide sponsorship and therefore only applicants that have eligibility to work in the UK for 3+ years in the future, will be considered.
Our client, a financial institution, is seeking a Banking Internal Auditor to join their team on a permanent basis.
The role will support the Head of Internal Audit to ensure Audit to ensure that all Bank procedures and controls are adhered to covering all aspects of London Branch operations.
Key Responsibilities include but are not limited to:
* Assist the Head of Internal Audit in developing an appropriate Internal Audit strategy for London Branch.
* Assist the Head of Internal Audit in development of the Annual Internal Audit Plan.
* Maintain the currentness of the Internal Audit Procedures which includes an annual review.
* Undertake Internal Audit reviews as directed by the Head of Internal Audit and prepare draft audit reports at the end of each review.
* When necessary, deputise for the Head of Internal Audit at meetings of the Management Committee, Asset & Liability Committee and Risk & Compliance Committee.
* Maintain the currentness of the Issues Tracking Database post completion of all Internal Audit reviews including validating whether any follow up action has been remediated with action undertaken and deadlines achieved.
* Assist in financial audits, reviewing financial records, ensuring compliance and identifying discrepancies.
* Analyse financial data to identify trends, anomalies and potential issues.
* Ensure compliance with current regulations in line with UK regulatory system.
* Assist with the testing and evaluation of internal controls.
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Experience and Skills:
* Degree level education
* Minimum 3 to 5 years of banking/financial industry background
* Understanding of accounting principles, financial statements and audit procedures.
* Ability to identify patterns, analyse data and draw conclusions.
* Understanding of I.T. systems and controls
* Ability to analyse processes and procedures in detail and verify information.
* Communication (verbal/written) and presentation skills with the ability to clearly and effectively communicate findings and recommendations.
* Product knowledge
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