At a Glance
- Tasks: Support the Head of Internal Audit in ensuring bank procedures and controls are followed.
- Company: Join a prestigious International Wholesale bank located in the heart of London.
- Benefits: Enjoy a hybrid work model: 4 days in the office, 1 day remote.
- Why this job: Be part of a dynamic team, enhancing your auditing skills while making a real impact.
- Qualifications: Degree level education with a strong understanding of accounting and audit principles required.
- Other info: Ideal for organised self-starters with at least 3 years in banking or financial services.
The predicted salary is between 36000 - 60000 £ per year.
Sterling Williams are working closely with an International Wholesale bank based in the City of London who are looking to hire an Assistant Internal Auditor. This is a crucial role to support a long-standing Head of Internal Audit on a permanent basis.
City of London based - 4 days in the office, 1 WFH
The Assistant Internal Auditor works with the Head of Internal Audit to ensure that all Bank procedures and controls are adhered to. The auditing process is to identify the risks involved in every area in which the Bank is active and to ensure that such risks are adequately assessed and appropriately monitored with any anomalies reported in a timely manner to Head Office Internal Audit and London Branch General Management.
Key Responsibilities:- 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 for London Branch and submit to Senior Management/Head Office Internal Audit for approval.
- 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.
- Undertake Ad Hoc projects as required by the Head of Internal Audit such as research and general administrative support.
- 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.
- Communicate findings, recommendations and issues to the Head of Internal Audit and Senior Management.
The successful candidate will likely have:
- An organised self-starter who has strong understanding of accounting principles, financial statements and audit procedures.
- Ability to identify patterns, analyse data and draw conclusions.
- Able to build and maintain excellent working relationships within the Bank.
- Negotiation skills and commercial awareness.
- 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.
- Degree level education.
- Minimum 3 years of banking/financial industry background would be preferred - whether this is direct in the industry, or via a practice/consultancy focussed on the Financial Services.
Contact Detail:
Sterling Williams LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Internal Auditor
✨Tip Number 1
Network with professionals in the banking and auditing sectors. Attend industry events or webinars to connect with individuals who work at similar institutions. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest regulations and compliance standards relevant to the UK banking sector. Being knowledgeable about current laws will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare for potential interview questions by practising your responses to common scenarios faced in internal auditing. Think of examples from your past experience where you successfully identified risks or improved processes.
✨Tip Number 4
Showcase your analytical skills by discussing specific tools or software you have used in previous roles. Highlighting your proficiency in data analysis can set you apart from other candidates and align with the job's requirements.
We think you need these skills to ace Assistant Internal Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in auditing, financial analysis, and compliance. Use keywords from the job description to demonstrate that you meet the specific requirements of the Assistant Internal Auditor role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of internal audit processes and your ability to support the Head of Internal Audit. Mention any relevant projects or experiences that align with the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, emphasise skills such as data analysis, communication, and relationship-building. Provide examples of how you've successfully used these skills in previous roles, particularly in the banking or financial sector.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an auditing position.
How to prepare for a job interview at Sterling Williams LTD
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what an Assistant Internal Auditor does. Familiarise yourself with the key responsibilities listed in the job description, such as developing audit strategies and preparing reports. This will help you demonstrate your knowledge and enthusiasm for the role.
✨Prepare for Technical Questions
Expect to be asked about accounting principles, financial statements, and audit procedures. Brush up on these topics and be ready to discuss how you've applied them in previous roles. Providing specific examples will show your expertise and confidence.
✨Showcase Your Analytical Skills
Since the role involves analysing financial data and identifying trends, be prepared to discuss your analytical skills. You might be asked to solve a hypothetical problem or analyse a case study during the interview. Practising this beforehand can give you an edge.
✨Demonstrate Strong Communication Skills
As an Assistant Internal Auditor, you'll need to communicate findings effectively. During the interview, focus on articulating your thoughts clearly and concisely. Consider preparing a few examples of how you've successfully communicated complex information in the past.