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- Tasks: Lead audits on prudential risks and ensure compliance with regulations.
- Company: Join Close Brothers, a top UK merchant banking group focused on lending and investment.
- Benefits: Enjoy hybrid working, private medical care, gym discounts, and more perks.
- Why this job: Be part of a diverse team making a real impact in financial services.
- Qualifications: Experience in internal audit and knowledge of banking regulations is essential.
- Other info: We celebrate diversity and encourage applicants from all backgrounds.
The predicted salary is between 48000 - 72000 £ per year.
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers Group Internal Audit team where you will be responsible for delivering independent, objective assurance and consulting activity to the Audit Committee, Board and Management on the quality and effectiveness of the Group's internal control, risk management and governance systems and processes, specifically relating to the Prudential risks of Close Brothers Group.
Working as part of the Group Internal Audit team, our ideal team member will have previous experience in delivering high quality end to end audit activities with excellent knowledge of prudential and treasury risk and associated regulations.
RESPONSIBILITIES:
- Manage the delivery of the prudential risk elements of the audit plan.
- Understand and have experience of anticipating and responding to the existing and emerging risks and issues within areas of prudential regulatory framework applicable to Banks and FCA IFPRU and other regulated entities, including within the EU under the CRR/CRD IV.
- Undertake specialist reviews of core regulatory capital/liquidity/leverage calculations, ICAAP/ILAA documentation and gap analysis of regulatory compliance.
- Benchmark prudential regulatory frameworks compared with peer/industry practice.
- Produce high quality analysis and input to the annual risk assessment process and related annual audit plan.
- Develop and maintain strong business relationships with business management.
- As appropriate to the role, ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE:
- Proven experience of working in internal audit roles, preferably with a reputable banking/financial institution, or top tier assurance experience.
- Strong knowledge of the banking/financial services industry, including prudential risk and UK banking regulations applicable to Close Brothers.
- Demonstrable experience of leading/supporting continuous monitoring and stakeholder management.
- High level of motivation and ability to work in an organised manner under pressure.
- Ability to build strong relationships with auditees.
- Ability to quickly assimilate relevant information in unfamiliar situations.
IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE/ARE:
- Ability to interact comfortably with senior management.
- Experience in the application of project management methodologies (Waterfall/ Agile) for the delivery of projects, programmes, and portfolios.
- Experience of managing projects within a financial institution.
- Knowledge of business processes and controls within the financial services industry.
- Excellent technical product knowledge.
We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition.
ABOUT US At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working. Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland.
Our vision is to develop an open and inclusive company that ensures everyone is valued, respected and included, so that in years to come our business will represent a diverse and inclusive workforce from the top down. We look to recruit individuals from all different backgrounds. If this job is of interest to you but you do not meet every criteria then we encourage you still to apply as we are open to providing training opportunities.
The Benefits: Private medical, Discounted health checks, Stakeholder pension contribution, Cycle to work scheme, Gym discounts, Purchase additional holiday.
Audit Manager - Prudential Risk employer: Close Brothers Group
Contact Detail:
Close Brothers Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Manager - Prudential Risk
✨Tip Number 1
Familiarise yourself with the latest prudential regulations and frameworks relevant to banks, such as the CRR/CRD IV. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the internal audit and banking sectors. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at Close Brothers.
✨Tip Number 3
Prepare to discuss your experience with continuous monitoring and stakeholder management. Be ready to share specific examples of how you've successfully navigated these areas in previous roles, as this is crucial for the Audit Manager position.
✨Tip Number 4
Research Close Brothers Group's values and culture. Understanding their commitment to diversity and inclusion will help you align your responses during interviews and show that you're a good fit for their team.
We think you need these skills to ace Audit Manager - Prudential Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in internal audit roles, particularly within banking or financial institutions. Emphasise your knowledge of prudential risk and UK banking regulations, as these are key aspects of the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific experiences that demonstrate your ability to manage prudential risk audits and your understanding of regulatory frameworks.
Showcase Your Skills: Clearly outline your skills related to stakeholder management and continuous monitoring. Provide examples of how you've built strong relationships with auditees and managed projects effectively in previous roles.
Highlight Your Adaptability: Since the role requires the ability to quickly assimilate information in unfamiliar situations, include examples of how you've successfully adapted to new challenges or environments in your past work experiences.
How to prepare for a job interview at Close Brothers Group
✨Know Your Prudential Risks
Make sure you have a solid understanding of prudential risks and the relevant regulations. Brush up on the FCA IFPRU and CRR/CRD IV frameworks, as well as any recent changes in the regulatory landscape that could impact Close Brothers.
✨Demonstrate Your Audit Experience
Be prepared to discuss your previous internal audit roles in detail. Highlight specific projects where you managed end-to-end audit activities, focusing on how you ensured compliance with prudential regulations and improved risk management processes.
✨Build Relationships
Showcase your ability to build strong relationships with stakeholders. Prepare examples of how you've successfully collaborated with management and auditees in the past, as this will be crucial for the role.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's approach to risk management and internal audit processes. This not only shows your interest in the role but also demonstrates your proactive mindset and understanding of the industry.
