At a Glance
- Tasks: Lead the Internal Audit function and ensure compliance with regulatory standards.
- Company: Established international bank with a focus on governance and risk management.
- Benefits: Competitive salary, leadership role, and opportunities for professional growth.
- Other info: Mentor a talented team while promoting a culture of continuous improvement.
- Why this job: Influence strategy and engage with top-level management in a dynamic banking environment.
- Qualifications: Significant experience in Internal Audit within UK banking and strong regulatory knowledge.
The predicted salary is between 90000 - 120000 £ per year.
- Head of Internal Audit
- London
- Permanent
An established international bank is seeking an experienced Head of Internal Audit to lead its independent Internal Audit function.
You will play a key role in providing independent assurance over the effectiveness of the Bank's governance, risk management and internal control framework.
This is a senior leadership opportunity for an experienced audit professional looking to influence strategy, engage with regulators and work closely with the Board and Executive Management within a regulated banking environment.
Key Responsibilities
- Lead and manage the Bank's Internal Audit function, ensuring independence and compliance with regulatory expectations.
- Develop and deliver the annual risk-based Internal Audit Plan, presenting recommendations to the Board Audit Committee.
- Provide independent assurance over governance, risk management and internal controls across all areas of the Bank.
- Conduct and oversee audits covering Corporate Banking, Treasury, Trade Finance, Operations, Finance, Credit Risk, Compliance, Financial Crime, IT and Cyber Security.
- Present audit findings, recommendations and progress reports to the Board Audit Committee and Senior Management.
- Monitor the implementation of agreed audit actions and assess the effectiveness of remediation.
- Maintain productive relationships with the FCA, PRA, external auditors and other regulatory bodies where required.
- Provide advice on emerging regulatory developments, industry best practice and changes to the Bank's risk profile.
- Lead, develop and mentor the Internal Audit team while promoting a strong culture of governance and continuous improvement.
Requirements
- Significant Internal Audit experience gained within UK banking or financial services.
- Previous experience as Head of Internal Audit, Chief Internal Auditor, or a senior Internal Audit leadership role.
- Strong knowledge of UK banking regulations, FCA and PRA requirements, and the International Professional Practices Framework (IPPF).
- Experience developing and delivering risk-based Internal Audit Plans.
- Excellent understanding of governance, operational risk, financial crime, compliance, treasury, lending, credit risk and banking operations.
- Proven experience presenting to Boards, Audit Committees and Executive Management.
- Strong stakeholder management, communication and influencing skills.
- Relevant professional qualification such as ACA, ACCA, CIA, CISA or equivalent.
Desirable
- Experience within an international or foreign-owned bank.
- Knowledge of Trade Finance, Treasury and Correspondent Banking activities.
- Experience supporting regulatory reviews, remediation programmes or Section 166 Skilled Person engagements.
- Previous interaction with the FCA, PRA and external audit firms.
Head of Internal Audit in London employer: Levrara Consulting Group
Levrara Consulting Group is an exceptional employer, offering a dynamic work environment within a prestigious international banking organisation. Employees benefit from a competitive package, a strong focus on professional growth, and the opportunity to engage in meaningful strategic decision-making that shapes the future of Treasury operations. The collaborative culture fosters innovation and supports career advancement, making it an ideal place for ambitious Treasury professionals.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Internal Audit in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Levrara Consulting Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Internal Audit in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Levrara Consulting Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Levrara Consulting Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Levrara Consulting Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Levrara Consulting Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Levrara Consulting Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Levrara Consulting Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
