At a Glance
- Tasks: Support audits and reviews in a dynamic banking environment, ensuring compliance and quality.
- Company: Join a leading Corporate and Retail Bank with a strong focus on internal audit excellence.
- Benefits: Enjoy private healthcare, pension, flexible benefits, and continuous learning opportunities.
- Other info: Embrace a culture of growth and inclusivity with excellent career development prospects.
- Why this job: Make a real impact in banking while developing your skills in a supportive environment.
- Qualifications: Bachelor's degree in Finance or related field; experience in Internal Audit preferred.
The predicted salary is between 55000 - 65000 £ per year.
Internal Audit Department as a third line of defence (3LoD) is responsible for providing an independent, objective assurance and advisory service to add value and improve the Bank's operations. As an Internal Audit Assistant Vice President, you will be supporting with undertaking audits, reviews and investigations in accordance with the Internal Audit Methodology. As part of the role's responsibilities, you will be performing a variety of tasks across the planning, fieldwork and reporting phases of audits, validating the closure of management action plans, performing risk assessments and supporting the team on any other tasks as needed. This is a full-time permanent position.
Key Responsibilities
- Support with performing audit assignments in various areas (e.g. Retail Banking, Corporate Banking, Financial Markets, Credit, Technology) in accordance with relevant policies, procedures, quality standards and regulatory requirements. This will include a variety of tasks across the planning, fieldwork and reporting phases of an audit. Audit work may include supporting special reviews, investigations and ad-hoc tasks.
- Participate in the ongoing assessment of the control environment through continuous monitoring and assist the team in conducting risk assessments and contributing to the annual audit plan.
- Complete audit work papers in a timely manner in accordance with the department's standards and assist with finalising the audit report.
- Validate closure of management action plans.
- Assist the department in carrying out any other relevant work.
Requirements
- Bachelor's degree in Finance, Accounting, Business or Economics.
- Professional qualifications/certifications (CPA, ACA, ACCA, CIA or similar) are preferred.
- Solid experience of working in Internal Audit or Assurance reviews in Banking.
- Experience in Credit and/or Technology (including Cybersecurity and Information Security) related risks and controls would be an advantage.
- Proven abilities in taking responsibility for executing high-quality deliverables according to defined timelines.
- Knowledge of Retail and Corporate Banking products and services, and associated risks and controls.
- Understanding of key regulatory requirements and industry developments that affect the risk profile of the businesses/functions within a bank.
- Good organisational skills and the ability to work proactively and within deadlines.
- Commercially aware.
- Good analytical skills.
- Attention to detail.
- Excellent communication skills.
- Team player who is able to build relationships with stakeholders.
Learning and Development
We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through:
- Access to the best-in-class qualifications from leading professional bodies, such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute.
- 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge.
- Regular pan-bank stay-connected sessions to keep in touch with what is going on across the bank and build your network.
- Exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile.
- Developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme.
- Encouraging a "growth" personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week.
- Embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to "future-proof" your career.
- Promoting cross-cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions.
Benefits
We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suit your needs, including:
- Private Healthcare.
- Pension.
- Employee Assistance Programme.
- Complimentary Lunch.
- Cycle to work scheme.
- Retail Discounts.
Senior Auditor - Banking in London employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Auditor - Banking in London
✨Tip Number 1
Network like a pro! Reach out to current employees in the banking sector, especially those in internal audit roles. A friendly chat can give us insider info on the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of banking regulations and internal audit methodologies. We want to show that we’re not just qualified but also genuinely interested in the role and the industry.
✨Tip Number 3
Practice common interview questions related to auditing and risk assessment. We can even do mock interviews with friends or mentors to build confidence and refine our answers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive opportunities listed there that you won’t find anywhere else.
We think you need these skills to ace Senior Auditor - Banking in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Auditor role. Highlight your relevant experience in Internal Audit and any specific banking knowledge you have. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. We love seeing enthusiasm and a personal touch.
Showcase Your Skills: Don’t forget to highlight your analytical skills, attention to detail, and ability to work under pressure. These are key traits we value at StudySmarter, especially in the fast-paced banking environment.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Hays
✨Know Your Auditing Basics
Make sure you brush up on your auditing principles and methodologies. Familiarise yourself with the specific audit processes relevant to banking, especially in areas like Retail and Corporate Banking. This will help you speak confidently about how you can contribute to the team.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities. Think of situations where you've successfully identified risks or improved processes. Being able to articulate these experiences will demonstrate your value as a potential team member.
✨Understand Regulatory Requirements
Get a good grasp of the key regulatory requirements affecting the banking sector. This knowledge will not only impress your interviewers but also show that you're proactive and aware of the industry's landscape.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. Inquire about the team's current challenges or how they measure success in audits. This shows your genuine interest in the role and helps you assess if it's the right fit for you.