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- Tasks: Support audits and investigations to enhance the Bank’s operations.
- Company: Join a leading financial institution with a strong commitment to integrity.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact by improving processes and ensuring compliance.
- Qualifications: Degree in Finance, Accounting, or related field; professional qualification preferred.
- Other info: Dynamic role with opportunities for growth in the financial services sector.
The predicted salary is between 30000 - 50000 £ per year.
The Internal Audit department as a third line of defence (3LoD) is responsible for providing an independent, objective assurance and advisory service to add value and improve the Bank’s operations. As an Internal Auditor, you will be responsible for supporting audits, investigations, and reviews in accordance with the established methodology. This is a full-time permanent position.
Key Responsibilities
- Support with performing audit assignments in accordance with relevant policies, procedures, quality standards, and regulatory requirements. This will include a variety of tasks across the planning, fieldwork, and reporting phases of an audit.
- Audit work may include supporting investigations, special reviews, and ad-hoc tasks.
- Participate in the ongoing assessment of the control environment through continuous monitoring and assist in conducting risk assessments and contributing to the annual audit plan.
- Complete audit work papers timely in accordance with the department’s standards and assist in finalising the audit report.
- Validating closure of management action plans.
- Assisting the department in carrying out any other relevant work.
Requirements
- Degree educated ideally in Finance, Accounting, Business, or Economics.
- Professional qualification (CPA, ACA, ACCA, CIA) is preferred.
- Experience of working in Internal Audit, assurance reviews, or relevant risk control management in the Financial Services industry, ideally in Banking.
- Proven abilities in taking responsibility for executing high-quality deliverables according to defined timelines.
- Knowledge of Retail and Corporate Banking products and services, and associated risks and controls.
- Data analytics skills would be an advantage.
- Good organisational skills and the ability to work proactively.
- Excellent communication skills.
- A team player who is able to build relationships with stakeholders.
Internal Auditor in London employer: Bank of China
Contact Detail:
Bank of China Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internal Auditor in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Internal Auditor role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of audit methodologies and the financial services sector. We recommend practising common interview questions and scenarios related to risk assessments and control environments to show you’re ready to hit the ground running.
✨Tip Number 3
Showcase your skills! Bring along examples of your previous audit work or any relevant projects during interviews. We want to see how you’ve tackled challenges and contributed to improving operations in past roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Internal Auditor in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Internal Auditor role. Highlight your relevant experience in audits, risk assessments, and any professional qualifications you have. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about internal auditing and how you can add value to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to showcase your skills in data analytics and communication. These are key for the role! Give examples of how you've used these skills in past experiences to demonstrate your fit for the position.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Bank of China
✨Know Your Audit Methodology
Familiarise yourself with the audit methodologies relevant to the role. Be prepared to discuss how you would apply these methodologies in real scenarios, especially in planning and fieldwork phases. This shows that you understand the processes and can contribute effectively.
✨Showcase Your Analytical Skills
Since data analytics skills are a plus, be ready to talk about any experience you have with data analysis tools or techniques. Bring examples of how you've used data to inform your audit decisions or improve processes in previous roles.
✨Demonstrate Your Communication Skills
Internal Auditors need to communicate findings clearly. Prepare to discuss how you've effectively communicated complex information to stakeholders in the past. Consider using the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Understand the Banking Environment
Brush up on your knowledge of retail and corporate banking products, as well as the associated risks and controls. Being able to discuss current trends or challenges in the banking sector will show your interest and understanding of the industry.
