At a Glance
- Tasks: Lead innovative audit practices using AI and analytics to enhance risk management.
- Company: Join a leading financial services firm with a commitment to excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in audit while developing your career in a dynamic environment.
- Qualifications: Experience in audit, AI, and data analytics; strong communication and decision-making skills.
The predicted salary is between 80000 - 100000 £ per year.
This role is located in London.
Responsibilities
- Embed the use of AI and advanced analytics into audit practices to enhance risk identification, testing efficiency, and insight generation across engagements.
- Partner in the design/implementation of new/enhanced Audit Practices to ensure they are appropriately rolled out and absorbed into execution and all downstream impacts are understood.
- Develop and maintain IA’s policies and procedures, including the audit methodology and testing approaches.
- Assist in the design of audit processes working with IA senior management to develop efficient and effective approaches to audit coverage and testing, as well as practical interpretation of internal audit industry standards and guidelines.
- Maintain methodology through routine policy/procedure updates and department queries and develop the distribute internal communications for methodology related changes throughout the department as necessary.
- Assist with IA self‑assessment to key regulatory and industry standards, and practices to recommend enhancements to IA methodology and guidance.
- Build and maintain key relationships across the Audit department, to establish a culture of engagement to add value to the department.
- Observe and share best practices; both those observed from IA teams and gained from interaction with external peers and organizations.
- Work constructively to share knowledge, assistance, and personnel development across groups.
- Manage relationships with IA senior management as well as the audit teams and support functions around the world.
- Work collaboratively with partners in other roles within the Internal Audit Practices and Administration function.
Qualifications
- Demonstrated experience leveraging AI, data analytics, or emerging technologies to enhance audit delivery, drive insight, and improve risk coverage.
- Possess bachelor’s degree in accounting, finance, or equivalent combination of education and work experience required.
- Extensive relevant work experience, previous management experience preferred.
- Prior experience in a mid‑to‑high‑level managerial role in Audit.
- In‑depth understanding of audit methodologies and an in‑depth knowledge of financial services, with ability to evaluate the appropriateness of audit results across multiple lines of business.
- Strong decision‑making, communication, and interpersonal skills experience requirement.
- Additional core skill requirements include understanding the applied and interpretation of analytics results for Audit, critical thinking and problem solving.
- Enthusiastic, self‑motivated, effective under pressure and willing to take personal responsibility/accountability.
Benefits
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Director, Internal Audit - Markets / Wealth Solutions – UK Legal Entities employer: BNY
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. Our commitment to employee growth is evident through our focus on leveraging advanced technologies like AI in audit practices, alongside competitive compensation and comprehensive wellbeing programs that support both personal and professional development. Join us to be part of a diverse team that values excellence and inclusivity, ensuring you thrive in your career while making a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Internal Audit - Markets / Wealth Solutions – UK Legal Entities
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with AI and data analytics. Share specific examples of how you've used these skills to enhance audit practices – it’ll set you apart from the crowd!
✨Prepare for the Interview
Do your homework on the company and the role. Understand their audit methodologies and think about how you can contribute to their goals. Being well-prepared shows you’re genuinely interested and ready to hit the ground running.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Director, Internal Audit - Markets / Wealth Solutions – UK Legal Entities
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your experience with AI and data analytics, as these are key for this role. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Director of Internal Audit position. Share specific examples of how you've successfully implemented audit practices or enhanced methodologies in the past.
Showcase Your Leadership Skills:Since this role involves managing relationships and leading teams, make sure to highlight your previous management experience. We’re looking for someone who can inspire and engage others, so don’t hold back on sharing your leadership successes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at BNY
✨Know Your AI and Analytics
Make sure you brush up on your knowledge of AI and advanced analytics as they relate to audit practices. Be ready to discuss how you've leveraged these technologies in past roles to enhance risk identification and testing efficiency.
✨Understand Audit Methodologies
Familiarise yourself with various audit methodologies and be prepared to talk about how you've implemented or improved them in previous positions. Highlight any experience you have in developing policies and procedures that align with industry standards.
✨Build Relationships
Since this role involves managing relationships across the Audit department, think of examples where you've successfully built rapport with teams or stakeholders. Be ready to share how you fostered a culture of engagement and collaboration in your past roles.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific instances where you've used critical thinking and problem-solving skills to overcome challenges in audit processes. This will demonstrate your ability to handle pressure and take accountability, which is crucial for this position.