At a Glance
- Tasks: Conduct audits on financial risk and provide valuable insights to improve the bank's operations.
- Company: Join a leading bank with a focus on innovation and growth.
- Benefits: Enjoy a competitive salary, 25 days holiday plus your birthday off, and hybrid working.
- Other info: Be part of a dynamic team with opportunities for professional development.
- Why this job: Shape the future of Internal Audit while building strong relationships across the business.
- Qualifications: 5 years' experience in internal audit or related fields, with knowledge of financial risks.
The predicted salary is between 60000 - 75000 £ per year.
As a Financial Risk Auditor, you will play a key role in providing independent assurance over the banks financial risk framework, governance and controls. Working as part of a growing in-house Internal audit function you will deliver high-quality audit reviews, build strong relationships with stakeholders across the business and contribute to the ongoing development of the audit function. This is an excellent opportunity to join a developing team and help shape the future of Internal Audit within the Bank.
Key Responsibilities
- Deliver risk-based audit assignments across financial risk areas, providing clear, insightful and value-adding assurance to the business.
- Build effective relationships with stakeholders at all levels, including senior management and executive leadership, to support constructive challenge and continuous improvement.
- Support the development and maintenance of the Internal Audit function, risk assessment process and audit plan.
- Develop a strong understanding of the Bank’s activities, risks and control environment to identify emerging risks.
- Produce concise, impactful audit reports and monitor the effective resolution of audit findings and recommendations.
Skills, Knowledge & Expertise
- Minimum 5 years’ experience within internal audit, risk, assurance, or a related control function in a regulated financial services environment.
- Strong understanding of prudential regulation and the regulatory framework governed by the PRA, FCA and Bank of England.
- Proven experience delivering audits end-to-end, including planning, fieldwork, reporting and stakeholder engagement.
- Knowledge of financial risk disciplines such as capital management, liquidity risk, interest rate risk, credit risk, or wholesale credit risk would be advantageous.
Job Benefits
- Competitive salary
- 25 days holiday PLUS your BIRTHDAY off
- Pension contribution with Royal London
- Life Assurance
- Private medical, dental and optical health insurance with Axa
- Hybrid working
- Free breakfast available
Internal Audit Financial Risk in City of Westminster employer: Chetwood Bank
Join a forward-thinking bank in London as an Internal Audit Financial Risk Auditor, where you will be part of a dynamic team dedicated to enhancing the financial risk framework. With a strong emphasis on employee development, competitive benefits including private health insurance and hybrid working options, and a culture that values collaboration and innovation, this role offers a unique opportunity to shape the future of internal audit while enjoying a supportive work environment.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit Financial Risk in City of Westminster
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chetwood Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Internal Audit Financial Risk in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chetwood Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Chetwood Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Chetwood Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chetwood Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chetwood Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chetwood Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
