Internal Audit Manager -Financial Services

Elite Audit
Bournemouth, UK
16 Aug 2019
29 Sep 2019
Contract Type
Full Time
Internal Audit Manager

Bournemouth. Excellent basic salary and benefits

Financial Services

Elite Audit recruitment are now representing a leading financial services provider and a mutual, employing over 5,500 people. Due to continued growth the Internal Audit function is now expanding so there is a need for two experienced Internal Audit Managers to join the team.

The main responsibilities in this role will be to support Internal Audit senior management in the setting and maintaining of a risk based audit plan.

You will also manage the delivery of a programme of audits relating principally (but not solely) to financial risks across the organisation. These audits should be managed within budget and in a professional manner to provide assurance on financial risk management and systems of control, monitoring corrective action where required.

Undertake review of audit planning, fieldwork, testing and reporting compliant with IA quality standards and methodology;

·Identify and document all material risks and key controls, appropriately test and record the outcomes; communicate and report IA observations and opinion.

·Define and agree the scope and Terms of Reference for individual audits and facilitate the agreement of approach with senior line management.

·Review documented and evaluated risk and controls, report to senior management on findings and agree remedial action so that effective systems of control are maintained.

·Oversee the production of clear, concise and comprehensive reports that are suitable for relevant audiences.

Proactive identification and notification to Internal Audit management and other relevant people of changes that may impact upon the timely and effective delivery of the audit plan.

Skills and Qualifications required:

·Professionally qualified accountant or qualified / part-qualified actuary

·Comprehensive understanding and proven experience of the professional practice of internal audit (in either practice or industry).

·Excellent knowledge of the Insurance industry and relevant legislation and regulatory requirements (e.g. PRA / FCA requirements), and an ability to apply practical experience in its proportionate and pragmatic interpretation and application.

·Comprehensive knowledge of Insurance finance processes, practices and risks.

·Excellent personal motivation, organisational and planning skills.

·A team player with proven ability to lead and motivate others.

·A strong track record of developing constructive working relationships with key stakeholders which are collaborative without compromising independence.

·Independent and objective mind set to enable robust challenge to the business at all levels of seniority.

·An excellent communicator (written and verbal) with an ability to tailor approach and method to suit the circumstances and needs of the stakeholder.

·An analytical approach with excellent problem solving skills and an ability to be innovative.

On offer there is a highly competitive basic salary with a 10-20 % Bonus, 30 days holiday, private health and dental care and Life Insurance etc.

There may be also a degree of flexibility to work from home 2 days per week after a 6 month probation.

Please apply with your CV to Rachael Terry at Elite Audit recruitment for further information.

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