Head of Internal Audit, Financial Risk

Head of Internal Audit, Financial Risk

Head of Internal Audit, Financial Risk

Apply remote type Hybrid locations London time type Full time posted on Posted 7 Days Ago job requisition id R5284

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.

About the role

We are looking for a Head of Internal Audit, Financial Risk to support the Director of Group Internal Audit (GIA) in developing and delivering the Internal Audit strategy and plan for Just Group and all legal entities in the Group.

In this role you will focus on Internal Audits relating to financial risks, including risk management, capital management, investment management as well as treasury and actuarial. You will be responsible for ensuring all audit engagements are scoped appropriately, delivered on time and to budget whilst providing valuable assurance and insight.

Responsibilities

• Supporting Director of Group Internal Audit in raising the profile of GIA and providing thought leadership to IA in strategic and financial risk areas.
• Providing major contribution to developing the Group Internal Audit plan.
• Delivering the relevant parts of the Group Internal Audit Plan to time and ensuring each engagement provides challenge, value and robust assurance.
• Providing thought leadership to the wider Group Internal Audit on risk management, regulatory developments in financial and strategic risks and industry practices.
• Delivering in a clear and articulate way the findings of relevant GIA audits or observations.
• Proactively identifying areas where risk is outside of the business ‘Appetite’ levels.
• Developing and implementing Internal Audit Methodology in line with professional standards.
• Proactively supporting the businesses control framework.
• Building and maintaining effective business stakeholder relationships.
• Managing relationships with Internal Audit co-source partners.
• Drafting Relevant Board and executive committees’ papers.
• Managing IA Functional Risks.

Skills & Experience

• It is essential to be a qualified Actuary.
• Data Analytics or Investment Management related qualifications are desirable.
• Recent senior level experience in actuarial, capital and investment management relevant to the Just business.
• Good understanding of financial risk and capital management principles, techniques and reporting, including up to date understanding and experience of risk quantification techniques. Strong intellectual ability to challenge suitability and application of these techniques.
• Good understanding of market and liquidity risk types and their management.
• Experience of working in Solvency II environment.
• A proven track record of developing and managing an effective and engaged team.
• A proven track record in managing effective third party relationships.
• Demonstrable experience in supporting the development of the strategic direction of a function.
• General knowledge of risk-based Internal Audit procedures, including planning, testing and sampling methods and an understanding of the requirements set out in the Global IA Standards and UK IA Code.
• Broad understanding of the life insurance industry as well as knowledge of those industries on which Just relies for strategically important services such as asset origination and management.
• Good understanding of regulatory context for operation of risk management, including FCA handbook and Solvency 2 Directive.
• Strong analytical and critical thinking ability, able to interpret information from a number of sources and draw together the ‘big picture’ and bring a strategic perspective.
• Ability to establish, maintain and manage effective working relationships with staff at all levels of the business, whilst continuing to maintain independence and objectivity.
• Strong and demonstrable Leadership and Influencing skills.
• High level of IT literacy, including Power BI or equivalent data analytics techniques.

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance.
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday.
• Private Medical Cover and Income Protection, just in case.
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets.
• Opportunity to progress within your career both in-role and within the company.
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site).
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal.
• Plus, several additional purchase options available for you and your loved ones.

About Us

We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.

How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things – and will always put the customer first.

That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement. And with you on our team, we’re going to make sure they get it.

We’ve built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world.

Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It’s also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity.

What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly – each other. We look forward to welcoming you to the team soon.

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