Internal Audit Manager - Banking

Internal Audit Manager - Banking

Full-Time 36000 - 60000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead internal audit engagements and manage a team of auditors in the banking sector.
  • Company: Forvis Mazars, a global leader in professional services with a commitment to diversity.
  • Benefits: Opportunities for career progression, inclusive culture, and support for skill development.
  • Other info: Join a diverse team that values your unique perspective and fosters professional growth.
  • Why this job: Make a real impact in banking while growing your career in a collaborative environment.
  • Qualifications: Must hold ACA, CA, ACCA, IIA or equivalent; experience in internal audit required.

The predicted salary is between 36000 - 60000 £ per year.

Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. Forvis Mazars in the UK spans 14 offices across the nation and has over 3,400 professionals, with 190 partners. We have a clear purpose and a shared commitment to shape a better future. You will join a collaborative and inclusive team where you are supported to grow your skills, explore new opportunities, and contribute from day one. You will work with a diverse client base, develop meaningful connections, and gain experience that extends beyond your local team. Together, we grow, belong and impact.

As an Internal Audit Manager within the Banking Risk Consulting Team, you will be responsible for planning, fieldwork, delivery and finalisation of internal audit engagements, leading a team of Assistant Managers and Senior Consultants and presenting at Audit Committees, to a range of banking and building society clients. Primarily, the team provides outsourced and co-sourced internal audit services; however, we also provide (or support other teams with the delivery of) a range of risk-based engagements including corporate governance reviews and External Quality Assessments. Having experienced significant growth, the team is looking for a motivated individual, who will have excellent opportunities for progression.

Core Responsibilities

  • Management of a portfolio of clients, including overseeing the preparation and delivery of Internal Audit plan, Risk Assessments, client engagement, committee presentation and reporting.
  • Performance and management of internal audit fieldwork along with supporting a team of internal auditors including assistant managers and senior consultants.
  • Preparation and review of draft internal audit reports and other deliverables.
  • Leading opening and closing meetings with key client contacts (Exco).
  • Developing and maintaining good relationships with clients.
  • Providing on-the-job training and supervision of junior team members.
  • Identify opportunities and prospects for new work.
  • Lead the preparation of client proposals / pitches.
  • Ensure Quality and Risk standards and procedures are maintained across the team.

Attributes, Knowledge & Experience

  • Holds either ACA, CA, ACCA, IIA or CII (or equivalent) qualification.
  • Experience of planning, delivering and managing internal audit fieldwork.
  • Experience of managing a portfolio of Banking and Financial Services Internal Audit clients.
  • Experience of delivering and leading reviews such as:
    • Underwriting and Credit Risk Management
    • Enterprise Risk Management
    • Deposit and Card operations
    • Compliance Framework reviews
    • Third party Risk Management
    • Payment operations
  • Good understanding of the UK regulations applicable to Financial Services (specifically Banks, Building Societies and non-bank lenders).
  • Good understanding of requirements under MCOBs for Regulated loans.
  • Strong communication and report writing skills; the candidate will also be a confident speaker to deliver effective training sessions and webinars both to clients/colleagues.
  • Should have experience of presenting at Audit Committees.
  • Good interpersonal, client handling and project management skills.

Diversity, Equity & Inclusion

At Forvis Mazars, diversity, equity and inclusion are central to our values. We value our people's unique backgrounds, perspectives, and experience, and know this diversity creates better outcomes for our clients. We seek to attract, develop, and retain the best talent, inclusive of sex, ethnicity, disability, socio-economic background, sexual orientation, gender identity, nationality, and faith. We select candidates based on skills, knowledge, qualifications, and experience and aim to support all our team members to reach their potential. At Forvis Mazars, we promote an environment in which you can grow your skills, belong to a team that values your ideas, and make an impact that matters.

Internal Audit Manager - Banking employer: Forvis Mazars

At Forvis Mazars, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. As a Tax Advisory Associate Director in Leeds, you'll benefit from competitive salaries, hybrid working options, and clear career progression opportunities, all while being part of a diverse team dedicated to making a meaningful impact. With a strong focus on personal development and wellbeing, this is an excellent place for professionals looking to grow and contribute their unique perspectives.

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Contact Details:

Forvis Mazars Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Internal Audit Manager - Banking

✨Tip Number 1

Network like a pro! Reach out to your connections in the banking and audit sectors. Attend industry events or webinars where you can meet potential employers and showcase your skills. Remember, it’s all about who you know!

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values around diversity, equity, and inclusion, as well as their approach to internal audits. This will help you tailor your responses and show you’re a great fit.

✨Tip Number 3

Practice your presentation skills! Since you’ll be presenting at Audit Committees, being able to communicate clearly and confidently is key. Consider doing mock presentations with friends or colleagues to get feedback.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand.

We think you need these skills to ace Internal Audit Manager - Banking

Internal Audit Management
Risk Assessment
Client Engagement
Audit Committee Presentation
Team Leadership
Report Writing
Communication Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Internal Audit Manager role. Highlight your qualifications like ACA, CA, or ACCA, and showcase your experience in managing internal audit fieldwork in the banking sector.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our values at Forvis Mazars. Don’t forget to mention your experience with client engagement and presentations.

Showcase Your Communication Skills:Since strong communication is key for this role, make sure your application reflects your ability to convey complex information clearly. Whether it's through your writing style or examples of past presentations, let us see your confident communication skills!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. 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 Forvis Mazars

✨Know Your Stuff

Make sure you brush up on your knowledge of internal audit processes, especially in the banking sector. Familiarise yourself with UK regulations and the specific requirements for financial services. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

✨Showcase Your Leadership Skills

As a potential Internal Audit Manager, you'll need to demonstrate your ability to lead a team. Prepare examples of how you've successfully managed projects or teams in the past. Highlight your experience in training junior members and how you've fostered collaboration within your team.

✨Engage with the Interviewers

During the interview, don't just wait for questions to be asked. Engage with your interviewers by asking insightful questions about their team dynamics and client relationships. This shows that you're proactive and genuinely interested in how you can contribute to their success.

✨Practice Your Presentation Skills

Since you'll be presenting at Audit Committees, it's crucial to practice your presentation skills. Prepare a mock presentation on a relevant topic and rehearse it. This will help you feel more comfortable speaking in front of others and allow you to showcase your communication skills effectively.