Audit Manager - Financial Crime & Regulatory Risks

Audit Manager – Financial Crime & Regulatory Risks

Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of \’bank runs.\’ It provides services such as Deposit, Embedded Banking, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAP Fioneer to deliver innovative solutions. With a focus on exceptional service and core values of ownership, curiosity, the bank strives for excellence in all it does.

As a Senior Auditor, you will execute audit assignments from planning to reporting, follow-up audit recommendations, perform continuous audit monitoring and the internal audit yearly risk assessment. Your duties will involve regular interactions with various stakeholders within the company and all duties shall be carried out with integrity, objectivity, and confidentiality, in line with the professional standards defined by the Institute of Internal Audit.

Key responsibilities include:

• Performing Audit Assignments: completing the planning, execution, and reporting of audit assignments as the lead or as a team member of the assignment.
• Following-up audit recommendations: following-up the progress of audit recommendations assigned to stakeholders until they are completed within agreed deadlines, reviewing evidence and documenting audit validation rigorously.
• Stakeholders Management: Interacting with stakeholders on a regular basis – during audit assignments, audit recommendations follow-up, the Continuous Audit Monitoring process (CAM) | and annual risk assessment, in a professional, objective, and ethical manner, always dealing with confidential information in a prudent way. Ensuring all information collected are well documented and their potential impact in the prioritisation of the audit plan are thoroughly analysed.
• Departmental projects and tasks: Performing specific tasks or projects related to the organisation and running of the department under the direction of the IA Management.
• Coaching less experienced staff and supervising co-sourcing resources: Providing guidance, advice, and practical training to less experienced colleagues where needed as well as supervising co-sourcing resources allocated to audit assignments if applicable.
• Systematic attention to Quality: Performing all tasks with the highest standard of quality, proactively cooperating with the Quality Assurance and Improvement Programme officer.

Experience

• A minimum of prior experience leading internal audit assignments and at least 5 years in an internal audit role in financial services are required.
• Professional qualification such as ACA, ACCA, CIA, ACAMS, CFE are a plus.
• Strong understanding of the internal audit process, Internal auditing professional standards, banking and financial product and UK Financial Services regulation(s).
• Ability to perform audit work with autonomy, organisation, and within agreed deadlines.
• Good writing and presentation, analytic and synthesis skills.
• Efficient time management managing well priorities, deadlines, and budget constraints.
• Leadership attitude, team Spirit and coaching skills, with ability to manage and effectively coordinate auditors (incl. co-sourcing staff) with different level of experience.

Ethics and Conduct

• Responsibility for reading and understanding the company Code of Ethics, comply with conduct rules and corresponding regulations.
• Act with integrity and due skill, care, and diligence in carrying out your duties. And adhering to the professional standards practices defined by the IIA and the Internal Audit Financial Services Code by the CIIA.
• Compliant with confidentiality requirements.
• All members of the Internal Audit function will be required to sign an IIA Declaration of Professional Standard and Code of Ethics on an annual basis.

Diversity

Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Banking