At a Glance
- Tasks: Lead quality assurance reviews and enhance audit processes for financial and operational controls.
- Company: Join a leading financial institution with a strong commitment to quality and innovation.
- Benefits: Competitive salary, professional development opportunities, and a dynamic work environment.
- Other info: Ideal for seasoned professionals looking to advance their career in internal audit.
- Why this job: Make a significant impact on audit quality and risk management in a prestigious organisation.
- Qualifications: Bachelor's degree in Accounting/Finance and extensive auditing experience required.
The predicted salary is between 100000 - 150000 £ per year.
We’re seeking a future team member for the role of SVP, Audit Leader to join our Quality Assurance team in Internal Audit. This role is located in London. In this role, you’ll make an impact in the following ways:
- Provide critical check, challenge and support when leading QA review of completed audit work – not just in execution of the methodology but in substance – that we have covered key processes, risk and control commensurate to BNY risk profile.
- Lead the review of audit testing and reporting for financial, operational, compliance, and other processes, ensuring adherence to applicable policies, methodologies, and standards.
- Provide critical insights and challenges to audit engagements and processes related to technology risks, liquidity and capital management, aligning with established regulatory expectations, company policies and standards.
- Assess and enhance the design and operational effectiveness of controls executed by internal auditors.
- Leverage the QA team's advanced audit technology and methodology to deliver consistent, reliable results to audit teams.
- Identify and address significant concerns, monitor fieldwork, and resolve emerging issues efficiently.
- Take ownership of assigned projects, ensuring QA audits are completed accurately, on time, and within budget.
- Communicate effectively with Internal Audit Management and their teams, fostering strong interactions with Senior Managers and collaborating seamlessly with other QA team members.
- Stay abreast of new methodologies and guidance, demonstrating a deep understanding and application in your work.
- Add value to Internal Audit Management through thoughtful analysis of workpapers, audits, regulatory validation projects, and closed issues, providing meaningful written feedback and recommendations.
- Exercise sound judgment in prioritising issues and maintaining continuous communication, ensuring all relevant parties are informed of the current status of any noted issues or problems.
To be successful in this role, we’re seeking the following:
- Bachelor's Degree (or equivalent). (Preferred) Major in Accounting / Finance (or related field of study).
- Extensive relevant work experience with Auditing.
- Working knowledge of liquidity risk management, interest rate management, and/or asset liability management practices. (Preferred)
- 10+ years relevant experience, including proficiency in Internal Audit. (Preferred)
- MBA, ACA, ACCA, CPA, CFA, CIA certifications.
Senior Vice President, Audit Leader employer: BNY Mellon
At BNY, we pride ourselves on being an exceptional employer, particularly for the Senior Vice President, Audit Leader role based in London. Our commitment to employee growth is evident through our robust training programmes and opportunities for advancement within a collaborative and innovative work culture. With a focus on leveraging advanced audit technology and methodologies, we empower our team members to make impactful contributions while enjoying a supportive environment that values their insights and expertise.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Vice President, Audit Leader
✨Tip Number 1
Network like a pro! Reach out to your connections in the audit and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current auditing methodologies and technology. Be ready to discuss how you’ve applied these in your previous roles. Show them you’re not just a fit for the role but that you can bring fresh insights to their QA team.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It’s a great way to keep your name fresh in their minds and show your enthusiasm for the position.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team. Let’s make it happen!
We think you need these skills to ace Senior Vice President, Audit Leader
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the SVP, Audit Leader role. Highlight your auditing experience and any relevant certifications to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Quality Assurance team and how your background in audit can add value to our processes.
Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. We love to see how you've tackled challenges and improved processes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at BNY Mellon
✨Know Your Audit Stuff
Make sure you brush up on your auditing knowledge, especially around financial, operational, and compliance processes. Be ready to discuss how you've applied methodologies in past roles and how you can leverage advanced audit technology to enhance results.
✨Showcase Your Leadership Skills
As an SVP, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've led teams through challenging audits, resolved issues efficiently, and communicated effectively with senior management. Highlight your ability to foster collaboration within teams.
✨Stay Current with Regulations
Familiarise yourself with the latest regulatory expectations and industry standards related to internal audit. Be prepared to discuss how you’ve kept up-to-date with new methodologies and how you’ve applied them in your previous roles.
✨Prepare Thoughtful Questions
Think of insightful questions to ask during the interview that show your interest in the role and the company. This could include inquiries about the QA team's current challenges or how they measure success in their audits. It shows you're engaged and serious about the position.