At a Glance
- Tasks: Lead internal audits on liquidity risk and treasury activities in a dynamic banking environment.
- Company: A leading international bank expanding its trading activities in London.
- Benefits: Competitive salary, exposure to senior stakeholders, and opportunities for professional growth.
- Why this job: Make a significant impact in a crucial area of banking with evolving regulatory importance.
- Qualifications: Experience in Internal Audit with knowledge of liquidity risk management frameworks.
- Other info: Fast-paced environment with opportunities to develop specialist expertise and strong stakeholder management skills.
The predicted salary is between 72000 - 108000 £ per year.
A leading international bank is looking to hire an VP Internal Auditor into its EMEA team in London. This is a newly created position driven by the continued expansion of the bank’s trading activities, with a particular focus on strengthening audit coverage across liquidity risk. The role will provide exposure across front office trading, treasury, risk, finance and operations, while allowing the successful candidate to develop specialist expertise in liquidity risk frameworks, funding risk management and regulatory expectations across a complex global banking environment. This position offers the opportunity to work closely with senior stakeholders across the trading and risk functions while delivering high impact audit work in an area of increasing regulatory and strategic importance.
Key Responsibilities
- Lead end to end delivery of internal audits across liquidity risk and related treasury activities within the EMEA region.
- Assess the design and effectiveness of liquidity risk management frameworks including stress testing, funding risk, liquidity buffers and regulatory reporting.
- Develop risk assessments and audit planning material to ensure key liquidity and funding risks are appropriately tested.
- Oversee audit fieldwork, providing guidance to junior auditors and subject matter input where required.
- Communicate audit findings clearly to senior management, providing constructive challenge and practical recommendations.
- Draft and finalise audit reports highlighting strengths and areas for improvement within the control environment.
- Conduct follow up reviews to ensure remediation actions have been implemented effectively.
- Contribute to broader trading, treasury and risk audits where liquidity risk interacts with wider market risk and balance sheet management activities.
- Maintain awareness of evolving regulatory expectations around liquidity and funding risk.
Candidate Profile
- Experience within Internal Audit in banking with demonstrable exposure to liquidity risk.
- Understanding of liquidity risk management frameworks including LCR, NSFR, liquidity stress testing or treasury funding activities.
- Exposure to trading environments or treasury functions within a bank is highly beneficial.
- Strong stakeholder management skills with the confidence to challenge constructively.
- Ability to manage multiple audits and deliver high quality work in a fast paced environment.
- Understanding of UK and European regulatory expectations relating to liquidity and funding risk.
- Data analytics capability such as SQL, ACL or Tableau would be advantageous but is not essential.
VP Internal Audit - Liquidity Risk employer: Bruin
Contact Detail:
Bruin Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Internal Audit - Liquidity Risk
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and audit sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of liquidity risk frameworks and regulatory expectations. Be ready to discuss how your experience aligns with the role. We want to see you shine, so practice articulating your thoughts clearly!
✨Tip Number 3
Showcase your skills! If you have experience with data analytics tools like SQL or Tableau, make sure to highlight that in conversations. It’s a great way to stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that VP Internal Auditor role!
We think you need these skills to ace VP Internal Audit - Liquidity Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP Internal Auditor role. Highlight your experience in internal audit and liquidity risk management, showcasing any relevant projects or achievements that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of liquidity risk frameworks and how your skills can contribute to the bank's trading activities.
Showcase Your Stakeholder Management Skills: In your application, emphasise your strong stakeholder management skills. Give examples of how you've successfully communicated audit findings and provided constructive challenges in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Bruin
✨Know Your Liquidity Risk Frameworks
Make sure you brush up on liquidity risk management frameworks like LCR and NSFR. Be ready to discuss how these frameworks apply to the role and share any relevant experiences you've had in your previous positions.
✨Showcase Your Stakeholder Management Skills
Prepare examples that highlight your ability to manage relationships with senior stakeholders. Think of situations where you’ve constructively challenged decisions or provided valuable insights, as this will demonstrate your confidence and communication skills.
✨Demonstrate Your Audit Experience
Be ready to talk about your experience leading internal audits, especially in banking. Highlight specific audits you've conducted related to liquidity risk and how you assessed their effectiveness, as this will show your expertise in the area.
✨Stay Updated on Regulatory Expectations
Familiarise yourself with the latest UK and European regulatory expectations regarding liquidity and funding risk. Being able to discuss recent changes or trends will show that you’re proactive and knowledgeable about the industry.