Audit Executive Internal audit

Description Job Title: Chair of the Audit Committee Location: London, United Kingdom Reporting to: Chair of the Board Commitment: Part-time, Non-Executive Role 24 days per year. We are seeking an experienced and strategically-minded individual to serve as the Chair of the Audit Committee for our London-based bank. This role is central to ensuring the integrity of the bank’s financial reporting, internal controls, risk management, and audit processes. The ideal candidate will bring a strong background in finance, audit, or risk, with prior board-level experience in a regulated financial services environment. Responsibilities Key Responsibilities Lead the Audit Committee: Chair regular meetings, set agendas, and ensure robust discussion and challenge of the bank’s financial reporting and audit matters. Oversight of Financial Reporting: Review and monitor the integrity of the financial statements, including annual and interim reports, ensuring compliance with legal and regulatory requirements. Engage with External Auditors: Oversee the relationship with external auditors, including appointment, remuneration, performance, and independence. Internal Audit Function: Provide oversight of the internal audit function, including strategy, resourcing, reporting, and findings. Risk and Controls: Assess the effectiveness of internal controls, compliance, and risk management systems. Whistleblowing and Ethics: Oversee the bank’s whistleblowing framework, ensuring that concerns are raised and managed appropriately. Board Reporting: Report regularly to the Board on the committee’s activities, issues, and recommendations. Qualifications Candidate Profile Professional Expertise: Qualified accountant (ACA, ACCA, CIMA or equivalent) or significant experience in financial oversight roles within banking or financial services. Regulatory Understanding: Deep knowledge of UK financial regulation, particularly PRA, FCA, and UK Corporate Governance Code requirements. Independence and Integrity: Demonstrated independence, sound judgement, and a commitment to high ethical standards. Board Experience: Previous experience as a Non-Executive Director or Committee Chair in a financial institution or regulated environment. Leadership Skills: Strong communication and leadership abilities, capable of fostering open dialogue and effective challenge. Desirable Experience Experience in cyber risk, ESG reporting, or digital banking transformation is advantageous. Familiarity with international regulatory standards and cross-border operations. Job Benefits Term and Remuneration Appointment is for 24 days per year Competitive remuneration commensurate with experience and regulatory expectations for non-executive roles. Contacts FD Capital are leading NED recruiters.