Internal Audit Business Manager, Internal Audit, Edinburgh

Sainsburys Bank
From £50,000 to £50,000 per annum
08 Apr 2017
08 May 2017
Contract Type
Full Time

Our Internal Audit (IA) function adds value to Sainsbury’s Bank by providing assurance on our risk management and control processes relating to customer, financial and reputational risk. As Internal Audit Business Manager, you will support the Head of Audit (HoA) and Senior Audit Managers (SAMs) in delivering an independent and objective risk-based IA service which will systematically improve our risk management, control and governance processes.

We are looking for someone with experience in risk and control activities in financial services. An understanding of audit would be great but, more importantly, we need someone who is adaptable, who naturally builds great relationships with a variety of stakeholders and is focussed on results.

At Sainsbury’s Bank, we’re proud to be different, as well as being the first major British supermarket to open a bank, our colleagues, values and inspiring new offices create a great working environment where we can focus on our customer needs, satisfaction and service.

In this role you will enjoy being responsible for a wide variety of IA risk management, governance, reporting and project activities.

Your role responsibilities will include:

·Co-ordinating the delivery of high quality IA reporting for presentation to governance committees, identifying trends and themes and suggesting and delivering improvements to the reporting process and content

·Supporting the HoA and SAMs in reporting the results of IA risk activities to the Bank's Executive Committee and Audit Committee

·Maintaining the Internal Risk Register and managing completion of the associated action plans

·Carrying out regular control testing for the department and agreeing appropriate remediation action plans, managing these through to completion

·Completing the functional Risks & Control Self-Assessment

·Developing and maintaining an annual schedule of governance events and activities

·Identifying actions required from minutes of key Committees and ensuring timely resolution

·Managing the on-going Quality Assurance process, including analysis and reporting on outcomes

·Horizon scanning for changes to Regulations, Codes or Standards that govern IA practices

·Managing the IIA Code Compliance for the Audit function

·Maintaining the IA Manual, including identification and development of any activities required to support audit methodology

·Managing the training requirements for IA, overseeing the completion of the performance management process

·Maintaining the Continuous Improvement Plan, identifying areas of improvement for inclusion and delivering ad-hoc aspects of the plan

Your skills, knowledge and experience:

·Experience in risk and control activities in financial services

·Operational or audit experience of financial products within financial services would be an advantage

·Experience in undertaking audit assignments across the front and back offices of a financial services business would be an advantage

·Good knowledge of retail banking businesses

·Awareness of audit methodologies and frameworks

·Excellent verbal and written communication skills

·Excellent planning and organisational skills

·Excellent analytical, evaluation and problem solving skills, focussed on finding solutions with the right outcomes

·Excellent influencing and negotiation capabilities

·Demonstrated experience of successfully building and managing business relationships

·Focus on results and drive to meet or exceed standards, both personally and when delivering through others


·CMIIA, ACCA, CA or equivalent qualification is desirable but not essential

Sainsbury's Bank offers an award-winning product range that includes insurance, savings, loans, credit cards and travel money. We are committed to providing a work environment where colleagues feel valued and can reach their full potential; to support this we offer a competitive salary and benefits package to ensure you have a rewarding career here at Sainsbury’s Bank.