Senior Assurance Officer - Internal Auditor

Cardiff, South Glamorgan
17 Jul 2017
15 Aug 2017
Contract Type
Full Time

RI am currently working in partnership with a renowned financial services business in central Cardiff who are looking for a senior assurance officer.

My client is a well established growing financial body based in central Cardiff with an excellent reputation.

The purpose of the role

Support the Assurance Manager in providing second line of defence oversight and carrying out the full end-to-end risk-based risk assurance and compliance monitoring reviews across a range of areas delivering the Annual Assurance Plan.

Ensure that business units have appropriate measures in place for the management of risk and meet compliance, regulatory, and code of practice requirements relevant to their activities

Responsibilities will be

Determine scope of reviews and preparation of draft terms of reference for review by the Assurance Manager.

Conduct risk assessment of area for all assurance reviews in line with scope, compliance needs assessment and regulatory and legal requirements.

Review the adequacy of internal control design and identify any control weaknesses.

Prepare and complete a test programme to ensure that controls are operating effectively.

Obtain and review evidence ensuring review conclusions are well-documented.

Communicate findings to business / senior management and draft a report on findings and actions.

Supervise junior assurance officer(s) and provide guidance and overall review of deliverables when leading assignments.

Carry out peer reviews.

Assist the Assurance Manager in overseeing the delivery of the Annual Assurance Plan.

Provide ongoing risk input for projects in scope.

Input into and assist with the Annual Assurance Plan development process.

Assist the Assurance Manager in providing second line of defence oversight as part of the risk team.

Maintain awareness of key business activities and emerging risks, identifying areas where further Assurance activity may be required.

Deputise for the Assurance Manager as and when required.

Prepare regular reports to the Executive Risk (Executive Committee) and Risk & Conduct Committee (Board Committee) setting out the current status of any compliance gaps or risk and control recommendations.

Maintain a database of all findings following assurance and compliance monitoring reviews, and any compliance gaps reported by the Compliance and Risk Advisory team, requesting updates from management on a regular and timely basis.

Maintain a database of all findings documented within Internal Audit Reports, requesting updates from management on a regular and timely basis.

Prepare regular reports to the Risk & Conduct and Audit Committee setting out the current status of actions.

Maintain an up-to-date knowledge of Compliance & Risk regulatory and legislative information related to Group products and services (e.g. PRA/FCA rules, Data Protection, Money Laundering, Conduct Rules etc.), as advised by line management.

The successful candidate will be

CISA; Certified Information Systems Auditor (work towards or willing to study) My client will support study

1-2 years previous experience in internal audit or assurance roles.

Understanding and ability to apply risk and control concepts

Effective communication skills together with good or developing negotiation skills

Possess an appropriate combination of technical expertise in fields such as auditing, finance, technology, operations, or investigations

Ability to work in a fast-paced, complex environment and willing to adapt to change

Firm, diplomatic and tactful

Proactive and persistent


Works on own initiative

Demonstrate a positive, can-do attitude

If you are interested then please sen dme your CV ASAP