At a Glance
- Tasks: Conduct audits to assess risk and control environments while managing your workload effectively.
- Company: Join Santander's diverse Internal Audit team, committed to adding value for customers and communities.
- Benefits: Enjoy hybrid working, 27 days holiday, a ÂŁ500 cash allowance, and a strong pension contribution.
- Why this job: Gain exposure to senior stakeholders and contribute to transformational activities in a supportive culture.
- Qualifications: Expertise in Credit Risk and proven audit skills are essential; relevant qualifications are a plus.
- Other info: Flexible working patterns available; we celebrate diversity and support your development.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Auditor – Credit and Model Risk | S2 | Milton KeynesCountry: United Kingdom**Join our community.**Exciting opportunities exist within our diverse, challenging and growing Santander Internal Audit team. As a member of the Internal Audit department, we want you to share our passion about adding value to our people, customers, communities and stakeholders, providing robust independent assurance and challenge on the effectiveness of processes and controls across the bank and having exposure to senior stakeholders across our global organisation.**The difference you’ll make:*** Support the delivery of multiple assurance activities through effective execution of audits to assess the risk and control environment and ensuring that all work undertaken meets agreed timescales and complies with quality requirements.* Take full responsibility and ownership for effectively managing workload & having consideration to the other activities, proactively escalating challenges & potential barriers which may impact timely delivery of the audit.* Effectively demonstrate an understanding of the risks within the audits & any broader areas of responsibility and continuous monitoring to identify emerging / future (including “unknown”) risks.* Meeting Quality Assurance expectations, adhering to Internal Audit methodology to deliver audit work to a high standard from planning all the way to reporting, including the use of professional judgement.* Contribute actively through strong bespoke assurance to transformational activities and implementation of the agile execution approach.* Building effective relationships, managing and influencing key stakeholders across the business and collaborating with other teams as required.**What you’ll bring:**These are the essential requirements you need to be successful in this role:* Subject Matter Expert in Credit Risk with a clear ability to demonstrate understanding of related risks and controls and desire to apply these skills to audit execution.* Evidence of proven assurance / monitoring / audit skills including assessment of risk and control.* Ability to work independently and effectively in an evolving and challenging environment.**It would also be nice for you to have:*** Experience gained within a first- or second-line Credit Risk function even if specific assurance/ monitoring/ audit experience is not held;* Relevant risk management related professional qualification (Institute of Risk Management.* Professional audit related qualification (i.e. CMIIA, ACA, ACCA, etc).**What else you need to know:**This role is based in Milton KeynesWe want our people to thrive at work and home and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).If you apply for this role in this locations, it’s important you consider your travelling distance, time and cost from your home to the office location.We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.**Inclusion**At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair. **How we’ll reward you.**As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.* ÂŁ500 annual cash allowance to spend on our great range of benefits.* Eligible for a discretionary performance-related annual bonus.* We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.* 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year.* Free access to a range of digital health services, including GP.* Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.* 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more.* Share in Santander’s success by saving or investing in our share plans.* Support your favourite causes through charitable giving and our community partnerships.* As a Santander UK employee, you can request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services**What to do next:**If this sounds like a role you’re interested in, then please apply.If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email. You can contact us at resourcing@santander.co.uk. #J-18808-Ljbffr
Auditor - Credit and Model Risk | S2 | Milton Keynes employer: Banco Santander SA
Contact Detail:
Banco Santander SA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Auditor - Credit and Model Risk | S2 | Milton Keynes
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in credit risk management. This will not only enhance your understanding but also demonstrate your commitment to staying updated, which is crucial for an auditor role.
✨Tip Number 2
Network with professionals in the auditing and credit risk fields. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights into the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've assessed risks and controls in previous roles. Being able to articulate your experience clearly will help you stand out during interviews.
✨Tip Number 4
Research Santander's internal audit methodology and values. Understanding their approach will allow you to tailor your discussions and show how your skills align with their expectations.
We think you need these skills to ace Auditor - Credit and Model Risk | S2 | Milton Keynes
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Auditor position. Highlight your relevant experience in credit risk and audit skills in your application.
Tailor Your CV: Customise your CV to reflect the specific skills and experiences that align with the job description. Emphasise your subject matter expertise in credit risk and any relevant qualifications you hold.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for the role and how your background makes you a perfect fit. Mention your ability to manage workloads and build relationships with stakeholders.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an auditor.
How to prepare for a job interview at Banco Santander SA
✨Understand the Role
Make sure you have a solid grasp of what the Auditor role entails, especially in relation to Credit and Model Risk. Familiarise yourself with the key responsibilities and how they align with your skills and experiences.
✨Showcase Your Expertise
Be prepared to discuss your knowledge of Credit Risk and related controls. Highlight any relevant qualifications or experiences that demonstrate your subject matter expertise, as this will be crucial for the interview.
✨Prepare for Scenario Questions
Expect questions that assess your ability to handle real-world audit scenarios. Think about past experiences where you've successfully managed risks or challenges, and be ready to explain your thought process and outcomes.
✨Build Rapport with Interviewers
Since the role involves managing and influencing key stakeholders, practice building rapport during the interview. Be personable, engage with your interviewers, and show that you can communicate effectively with various teams.