Audit Quality - Audit Stream Risk Management Financial Services and Quality Manager in London

Ideas | People | Trust

We are BDO, an accountancy and business advisory firm providing the advice and solutions entrepreneurial organisations need to navigate today's changing world. We work with companies that are Britain's economic engine – ambitious, entrepreneurially-spirited and high-growth businesses that fuel the economy – and directly advise the owners and management teams leading them.

We'll broaden your horizons

Audit quality is central to our strategy as an Audit Stream, the key ingredient to our success. Consistent high audit quality enables us to attract, develop and retain talented people and be proud of our work. It allows us to compete in the market and demonstrate that we can play a key role in market reform. Consistently high audit quality does not happen by chance. It requires a mindset and culture of challenge and professional scepticism, appropriate resources both people and intellectual, investment in central support for engagement teams and technology solutions. Within the last year, we have increased our headcount significantly, invested in new partners, and commenced a significant investment programme in our central quality support team.

We'll help you succeed

The work we do is underpinned by quality. We deliver audits which are trusted and transparent which can be relied upon by companies and their stakeholders. You'll be someone who is comfortable working pro-actively and managing your own tasks, as well as confident collaborating with others and communicating regularly with Senior Managers, Directors, and BDO's Partners. You'll help deliver accurate and transparent reporting to all relevant stakeholders as you provide long-term value. This is an opportunity for a talented, high-performing and ambitious manager to join the FS methodology team in the Audit Quality Directorate (AQD) in an exciting period and help to shape the role and the expanding team. The successful candidate will have experience in managing FCA regulated audits and CASS audits, with exemplary technical skills regarding auditing standards. The role will be primarily based in the Baker Street Office in London although some visits to other offices may also be required.

Main responsibilities will be:

• Managing and supporting with the delivery of key projects which entails writing new or enhanced technical guidance and policies, proposing changes to the audit tool, and providing input to training.
• Providing regulatory support to audit teams on matters arising on our FCA/PRA authorised entities helping them navigate complex regulatory landscapes and ensuring compliance with ISAs, the FCA Rules and the firm's audit methodology.
• Supporting the development of horizon scanning and pre-emptive consideration to integrate new regulatory landscapes into audit methodology in relation to FCA and CASS.
• Developing training to enhance audit teams understanding of relevant FCA regulations and risk management practices.
• Providing input to licensing decisions regarding FCA/PRA regulated entities.
• Supporting the development of our system of quality management by improving processes and controls and the documentation of these.
• Support on ad hoc projects and audit quality initiatives led by the wider Audit Quality Directorate.

You'll be someone with:

• ACA or similar professional accountancy qualification.
• Practical experience of FCA/PRA regulated entity audits including application of ISAs (UK) and audit methodology is essential. Experience of CASS audits is useful but not essential.
• Ability to be objective and sceptical and to have confidence to challenge more senior members of an audit team.
• Ability to work both independently and collaboratively as part of a small team and able to use own initiative.
• Attention to detail ensuring accuracy and thoroughness in all work.
• Excellent communication skills, both written and verbal, including an ability to convey complex information clearly and concisely.
• Takes personal responsibility and accountability for own work.
• An awareness of the FCA regulatory regime and requirements is useful but not essential.
• Experience of training material development and delivery is useful but not essential.

You'll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to our business. We’re committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task at hand. At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

We're in it together

Mutual support and respect is one of BDO's core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work. We know that collaboration is the key to creating value and satisfying experiences at work, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.

We're looking forward to the future

At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions. We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.