Internal Audit and Risk Manager

Location: London (hybrid options available)

Salary: £75,000 - £80,000 + extensive package including bonus

Job Purpose:

Responsible for the delivery of complex in-depth audits and delivering key assurance messages to all levels of management across the business. Responsible for supporting the design, development, and implementation of the risk management framework to help colleagues make smart, informed decisions under uncertainty, take on the right risks and deliver the right results. You will lead development and implementation of the governance structures, risk management processes and other key elements, like culture, that will enable an organisation to understand its landscape of risk as it carries out key decisions and business operations.

Principal Accountabilities:

• Planning, performing, and reporting of audits on a risk assessed basis using appropriate, flexible, and cost-effective methodologies that are in line with professional and divisional standards and customer needs acting as lead auditor.
• Acting as an expert in one or more key business areas, providing insight and audit expertise to the team and auditees on specified business processes and enterprise risks.
• Leading audits and providing technical advice as appropriate on a timely basis and to the required quality in accordance with divisional standards.
• Tracking audit recommendations to ensure implementation is achieved against targets and that the remediation is effective.
• Understanding and deploying a risk-based approach to maintaining the audit universe and actively contributing to the annual plan build exercise.
• Supporting senior audit management in the annual plan build exercise using a risk-based approach.
• Supporting the senior audit management in preparing for audit committees and other senior management forums.
• Risk management Owns group risk governance and reporting - supporting Group Internal Audit & Risk and Board Audit & Risk Committee.
• Establishes and supports the processes that enable setting of risk management policies and requirements to support smart decision-making and operational discipline.
• Support and develop the risk management across the business, helping colleagues to engage with the framework, sharing best practices, and being an advocate of risk culture.
• Support the Operating Companies in their review, discussion, prioritisation, ownership, action and reporting of risks.

Knowledge & Experience:

• Fully qualified accountant (ACCA/ACA/CIMA) or Chartered Internal Auditor (CMIIA) 5+ years PQE in an IA role.
• Extensive experience of internal auditing within a complex business.
• Experience of working with 1st or 2nd line of defence teams on risk and assurance.
• Strong understanding of risk and control frameworks (three lines of defence).
• Effective project management skills.
• Ability to work autonomously, seeking input where necessary.
• Good customer focus skills and commercial acumen.
• Strong communication skills - Verbal (Executive level presentations) and written (report writing).
• Business insight of specified business operations and business risks.
• Solutions-focused achiever.
• Business insight and technical expertise: Keeping up to date with external developments in risk & assurance, and business insight of specified business operations and business risks.
• Change management: Identifying, anticipating, and recommending the need for changes to the annual audit plan in response to changing risk profiles and business needs, as well as identifying and developing leading edge audit methodologies and best practice.