Head of Internal Audit

Head of Internal Audit

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the internal audit function, ensuring effective risk management and governance across the organisation.
  • Company: Join a forward-thinking company focused on technology-led solutions and client service excellence.
  • Benefits: Enjoy flexible working options and opportunities for professional development in a dynamic environment.
  • Why this job: Be part of a mission-driven team that adds value and enhances organisational processes while making an impact.
  • Qualifications: Must have a recognised audit qualification and significant experience in internal audit leadership.
  • Other info: Collaborate closely with executive management and various departments to drive strategic improvements.

The predicted salary is between 43200 - 72000 £ per year.

Internal Audit is a new independent function set up within the organisation as a service to the Board, Audit, Risk and Compliance Committee and all levels of management. The Head of Internal Audit is responsible and accountable for effective review of risk management, governance, and control throughout the organisation’s activities.

Its Mission is a flexible “technology led – technology enabled” company-wide internal audit and assurance capability that supports the business to manage risk, improve governance, control, add value in the process and ultimately help to serve our clients.

Its primary goals are:

  • To provide the Board and Audit Risk and Compliance Committee with independent and objective assurance over the organisations management of risk, control, and governance.
  • To assess and where appropriate, facilitate the Risk Management methods and ensure that risks are being effectively identified, assessed and managed by the business.
  • To help management improve the organisation’s processes, controls and operations through risk and control advice, consulting, and support.

Alongside the need to set up best practice internal audit, the incumbent and their team will be influential in developing education and awareness of the nature, purpose and use of risk management and internal control to help management achieve their goals. The role will also require close collaboration with established second line functions including, Risk and Compliance, Technical Quality and Governance (TQ&G), Legal, Product Internal Audit Teams, and functions which conduct their own internal assessments such as Information Security.

The Head of Group Internal Audit reports functionally to the Chair of the Audit, Risk and Compliance Committee and administratively to the Chief Financial Officer and a member of the company leadership group. The role and team will have unfettered access to Executive Management, staff, company systems and information in the performance of its duties.

Qualified professional preferably CIA (Certified Internal Auditor or equivalent) or recognised audit/accounting qualification (FCA, ACA, CIMA, ACCA, CISA), qualified by experience, or industry/sector knowledge. Exposure to all levels of management including Board level and Audit Committees and external auditors. Proven ability to build enduring relationships across the business. Business and market focused link to risk and control issues. Internal Audit experience, at head of department level or at least a senior “no 2” position ready for a first head of role. Demonstrate thorough understanding of risk and control. Able to advise senior and top management on strategic risks such as Cyber security, ESG, etc. Able to establish direction and embrace necessary change. Ability to build, lead and motivate experienced and qualified staff.

Head of Internal Audit employer: Confidential

As an employer, our company stands out for its commitment to fostering a dynamic and inclusive work culture that prioritises employee development and well-being. Located in a vibrant area, we offer flexible working arrangements, competitive benefits, and opportunities for professional growth, ensuring that our team members can thrive both personally and professionally. Joining us as the Head of Internal Audit means being part of a forward-thinking organisation where your expertise will directly contribute to enhancing governance and risk management, all while collaborating with a diverse group of professionals dedicated to excellence.
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Contact Detail:

Confidential Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Internal Audit

Tip Number 1

Network with professionals in the internal audit field, especially those who have experience at the head of department level. Attend industry events or webinars to connect with potential colleagues and learn about best practices in risk management and governance.

Tip Number 2

Familiarise yourself with the latest trends and technologies in internal auditing, such as data analytics and cybersecurity. This knowledge will not only enhance your expertise but also demonstrate your commitment to a technology-led approach in your role.

Tip Number 3

Prepare to discuss your experience in building relationships across various levels of management. Think of specific examples where you successfully collaborated with different departments to improve risk management and governance processes.

Tip Number 4

Research our company’s current risk management strategies and internal audit practices. Being knowledgeable about our operations will allow you to tailor your discussions during interviews and show how you can add value to our organisation.

We think you need these skills to ace Head of Internal Audit

Certified Internal Auditor (CIA) or equivalent qualification
Strong understanding of risk management and governance frameworks
Experience in internal audit at a senior level
Ability to advise on strategic risks including Cyber security and ESG
Proven relationship-building skills across all levels of management
Excellent communication and presentation skills
Leadership and team management capabilities
Analytical and critical thinking skills
Knowledge of compliance and regulatory requirements
Experience with technology-led audit processes
Ability to facilitate risk management methods
Consulting and advisory skills
Adaptability to change and innovation
Business acumen and market awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in internal audit, risk management, and governance. Emphasise any leadership roles you've held and your ability to build relationships across various levels of management.

Craft a Compelling Cover Letter: In your cover letter, clearly articulate your understanding of the role and how your qualifications align with the company's mission. Mention specific examples of how you've successfully managed risk and improved governance in previous positions.

Highlight Relevant Qualifications: Ensure you prominently display your qualifications, such as CIA or equivalent certifications, and any relevant audit/accounting qualifications. This will demonstrate your credibility and expertise in the field.

Showcase Your Strategic Insight: Discuss your experience advising senior management on strategic risks, such as Cyber security and ESG. This will illustrate your capability to contribute to the organisation's goals and your understanding of current industry challenges.

How to prepare for a job interview at Confidential

Understand the Internal Audit Function

Make sure you have a solid grasp of what the internal audit function entails, especially in relation to risk management and governance. Familiarise yourself with how this role supports the Board and other committees, as well as the importance of independent assurance.

Showcase Your Leadership Skills

As the Head of Internal Audit, you'll need to demonstrate your ability to lead and motivate a team. Prepare examples from your past experiences where you've successfully built relationships and led teams through change, particularly in high-stakes environments.

Prepare for Strategic Risk Discussions

Be ready to discuss strategic risks such as Cyber security and ESG. Show that you can advise senior management on these issues by bringing in relevant examples and demonstrating your understanding of their implications for the organisation.

Highlight Your Qualifications and Experience

Ensure you clearly communicate your qualifications, such as being a CIA or having equivalent credentials. Discuss your internal audit experience, particularly if you've held a senior position before, and how it has prepared you for this head role.

Head of Internal Audit
Confidential
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  • Head of Internal Audit

    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-05-18

  • C

    Confidential

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